1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- The restructuring of the Development Financial Institutions (DFIs) involving Bank Pembangunan Malaysia Bhd (BPMB), Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank), and Export-Import Bank of Malaysia Bhd (EXIM Bank) is in line with the national agenda to implement reforms and strengthen government-owned institutions, said the Ministry of Finance (MoF).
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- EBC Financial Group (EBC), in partnership with the Oxford Department of Economics, hosted a pivotal session in the “What Economists Really Do?” (WERD) series amid the growing challenges of climate change and economic instability.
1y ago
PUTRAJAYA, Dec 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the country's budget and development framework is aimed at not only driving economic growth but also ensuring that its benefits reach the grassroots level.
1y ago
KUALA LUMPUR, Dec 4 (Bernama) -- The Credit Counselling and Debt Management Agency (AKPK) recently organised the “Row and GROW Towards Financial Resilience” programme, designed to promote teamwork, strengthen relationships, and foster camaraderie with financial providers.
1y ago
KUALA LUMPUR, Dec 4 (Bernama) -- A total of 13 per cent of the 477,571 borrowers registered with the Credit Counselling and Debt Management Agency (AKPK) have fully settled debts exceeding RM3.2 billion, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
1y ago
KUALA LUMPUR, Dec 3 (Bernama) – The government will simplify financial cross-border approvals under the Foreign Exchange Policy, enabling funds to flow efficiently based on their mandate size to ensure Malaysia remains competitive in attracting foreign venture capital, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
1y ago
KUALA LUMPUR, Nov 29 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd has posted a higher net profit of RM100.65 million in the third quarter ended Sept 30, 2024 (3Q 2024) compared to RM91.10 million in the same period last year.
1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- Malaysia plays a crucial role in connecting the ASEAN region to global markets as a strategic hub in Southeast Asia, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- The Ombudsman for Financial Services (OFS) and Securities Industry Dispute Resolution Centre (SIDREC) are in the final process of merger completion towards the full operation of the Financial Markets Ombudsman Service (FMOS) by 2025, according to Deputy Finance Minister Lim Hui Ying.
1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- Government-linked investment companies (GLICs) including Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) will continue to monitor and improve governance in investment evaluation processes, said Finance Minister II Datuk Seri Amir Hamzah Azizan today.
1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- Emerging Markets Global Advisory LLP (EMGA) has completed its first transaction for Ipak Yuli Bank in Uzbekistan, securing US$30 million from the OPEC Fund for International Development (OPEC Fund). (US$1=RM4.44)
1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- Local institutions were net buyers of Malaysian equities for the fourth consecutive week, with net buying of RM207.7 million last week.