Revival Of Malaysia-EU Trade Deal Benefits Malaysia's Key Export Sectors -- Economist

By Zarul Effendi Razali and Siti Noor Afera Abu

KUALA LUMPUR, Jan 20 (Bernama) -- The revival of negotiations on the stalled Malaysia-European Union Free Trade Agreement (MEUFTA) could significantly benefit Malaysia’s key export sectors, particularly in high-value goods and natural resources.

AmBank Grants RM498.6 Mln Financing To ProTT

KUALA LUMPUR, Jan 3 (Bernama) -- AmBank Group has provided a financing facility of RM498.6 million to Projek Tetap Teguh Sdn Bhd (ProTT) for the development of its automated storage and retrieval system (ASRS) warehouse in Valdor, Penang.

Ending Flat-rate Loan Calculations Can Curb Household Debt, Bankruptcy Risks -- Economists

KUALA LUMPUR, Dec 24 (Bernama) -- Bank Negara Malaysia’s (BNM) proposal to abolish the flat-rate method for calculating personal financing is seen as a significant step towards improving the financial health of households, said an economist.

RHB, SME Bank, AmBank, Public Bank Launch Flood Relief Assistance To Affected Customers

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.

AMMB 2Q Net Profit Rises To RM500.57 Mln, Declares 10.3 Sen Dividend

KUALA LUMPUR, Nov 27 (Bernama) -- AMMB Holdings Bhd’s (AmBank Group) net profit for the second quarter (2Q) ended Sept 30, 2024, climbed to RM500.57 million from RM469.78 million in the same period a year ago.

Ambank Foresees Slightly Slower 3Q GDP Growth At 5.1 Pct

KUALA LUMPUR, Nov 11 (Bernama) -- AmBank Group foresees a slightly slower year-on-year (y-o-y)  gross domestic product (GDP) growth of 5.1 per cent for Malaysia in the third quarter of 2024 (3Q2024), down from the official advance estimate of 5.3 per cent.

Maxis, Ambank Deepen Collaboration To Accelerate Digital Transformation In Healthcare

KUALA LUMPUR, Oct 28 (Bernama) -- Maxis has signed a Memorandum of Understanding (MoU) with AmBank Group (Ambank), to accelerate digital transformation in Malaysia’s healthcare sector.

Govt Mulling Utilising Databases, E-Wallets For Two-Tier RON95 Subsidies

KUALA LUMPUR, Oct 21 (Bernama) – The government is considering using databases linked to identification cards, along with e-wallets and debit cards as part of the mechanism for the two-tiered pricing system for RON95 petrol subsidies.

AmBank Grants RM193 Mln Financing For Senibong Cove Project

KUALA LUMPUR, Sept 30 (Bernama) -- AMMB Holdings Bhd (AmBank Group) has granted financing facilities totalling RM115 million to Senibong Cove Development Sdn Bhd and RM78 million to JBB Builders (M) Sdn Bhd, the appointed contractor for the reclamation of 60.7 hectares of waterfront land in Senibong Cove, Johor Bahru.

Economist Hopes For Improvements To International Trade Policies In Budget 2025

By Zarul Effendi Razali

KUALA LUMPUR, Sept 29 (Bernama) -- An economist hopes the government will announce initiatives to improve Malaysia’s international trade policies, especially within the ASEAN region, when tabling Budget 2025 as part of the efforts to spur further economic growth.