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) -- The Ministry of Finance (MoF) will focus on progressive taxation to ensure fairness, sustainable budgeting to prioritise critical sectors such as education and healthcare, and responsible debt management to support development in line with the aspirations of the MADANI Economy framework.
1y ago
KUALA LUMPUR, Dec 4 (Bernama) -- Malaysia has the potential to become a regional hub for electric vehicle (EV) production and innovation, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
1y ago
KUALA LUMPUR, Dec 3 (Bernama) -- A total of 18 international trade missions took place this year involving 306 halal entrepreneurs, vendors, and franchisees, and recorded potential sales value of RM1.58 billion.
1y ago
JAKARTA, Dec 3 (Bernama) -- The Malaysian embassy together with the main agencies are working to strengthen the export of halal products to Indonesia, with bilateral trade between the two countries expected to reach US$25 billion (RM111.25 billion) to US$26 billion (RM115.7 billion) this year.
1y ago
KUALA LUMPUR, Dec 3 (Bernama) -- In light of the recent floods that have affected several states in Malaysia, member banks of the Association of Banks in Malaysia (ABM) are steadfast in their commitment to support and provide financial assistance to customers impacted by this natural disaster.
1y ago
KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia’s banking sector is projected to continue recording higher profits in 2025, supported by steady loan growth, a stable interest rate environment, and non-interest income, said an economist.
1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- AEON Co (M) Bhd has launched the #AEONResponsible Suppliers Programme to empower supplier to enhance their environmental, social, and governance (ESG) practices through resources, capacity-building, and financial incentives.
1y ago
KUCHING, Dec 2 (Bernama) -- SME Corporation Malaysia plans to target more micro, small and medium enterprises (MSMEs) from Sarawak to receive benefits through programmes that will be implemented in 2025, in line with the aspirations of a more equitable and inclusive MADANI Economy framework.
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) -- RHB Banking Group (RHB) has launched its flood relief assistance programme, offering immediate financial relief and long-term recovery support to individuals, micro, small and medium enterprises (MSMEs), available from now until Jan 31, 2025.