KUALA LUMPUR, March 12 — Malaysia’s banking system outlook remains stable this year, supported by steady economic performance and sound fundamentals of banks, said Moody’s Rating.
KUALA LUMPUR, Feb 13 — Bursa Malaysia was marginally lower in early trade today as investors reacted to the hotter-than-expected US inflation data, which is expected to prevent the Federal Reserve from easing interest rate.
By Yasmin Ramlan KUALA SELANGOR, Feb 25 — The Selangor government is going the extra mile in engaging with the public to better disseminate information regarding state programmes. Menteri Besar Dato’ Seri Amirudin Shari said this will be done via social media and through influencers,...
KUALA LUMPUR, Oct 31 — Global financial conditions have tightened on rising expectations for a “higher-for-longer” interest rate path forecast by the US central bank, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, Oct 27 — The financial sector cyber threat intelligence platform (FinTIP) alert is a routine precautionary alert meant for financial institutions (FIs) and their connected counterparties, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, Oct 23 — The government is finalising details on the withdrawal access for the proposed Employees Provident Fund (EPF) Flexible Account, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.
SHANGHAI, Oct 16, — China's central bank ramped up liquidity support to the banking system as it rolled over medium-term policy loans on Monday, but kept the interest rate unchanged amid concerns about the risk of more sharp yuan declines.
SINGAPORE, Oct 11— Singapore's economic growth in the third quarter is expected to remain sluggish as the central bank seeks to balance the task of containing inflation and shoring up the slowing post-pandemic recovery.
KUALA LUMPUR, Oct 10 — Research houses are of the view that the domestic financial system remains resilient against macroeconomic headwinds, supported by the Bank Negara Malaysia's (BNM) strong fundamentals.
KUALA LUMPUR, Sept 29 — Major banks and non-bank financial service providers will waive transaction fees for micro and small businesses accepting DuitNow QR payments, says Bank Negara Malaysia (BNM).
KUALA LUMPUR, March 17 — Bursa Malaysia opened higher Friday on better sentiment, sparked by the Wall Street rally overnight following a joint rescue of First Republic Bank by several big US banks, an analyst said.
KUALA LUMPUR, March 14 — Bursa Malaysia remained lower at mid-morning, dampened by continuous selling in heavyweight stocks led by financial services as well as industrial products and services, a dealer said.
KUALA LUMPUR, March 7 — Demand for Syariah-compliant instruments is expected to continue to rise in 2023, supported by strong economic growth amid robust oil prices and ambitious development agendas in core Islamic markets, said Moody’s Investors Service.
KUALA LUMPUR, Feb 15 — Bursa Malaysia continued to stay in the red across the board at midday as the overall market sentiment remained weak, weighed down by profit-taking in selected heavyweight stocks, a dealer said.
KUALA LUMPUR, Feb 15 — Alliance Bank Malaysia Bhd today unveiled its enhanced strategy plan, Acceler8, to drive the bank’s growth over the next four years.
PETALING JAYA, Oct 30 — The banking industry has launched the National Scam Awareness Campaign (NSAC) in conjunction with the Financial Literacy Month 2022 (FLM2022) exhibition as a continuation of its efforts to combat and educate consumers regarding scams.
KUALA LUMPUR, June 17 — Police detained two suspects, a man and a woman, aged 56 and 57 to assist in the investigation of a banking document fraud involving losses of more than RM600,000.
KUALA LUMPUR, March 6 — Malaysian students in the Russian Federation facing difficulties with regard to banking and financial transactions or in need of consular assistance should contact the Malaysian Embassy in Moscow.
KUALA LUMPUR, March 3 — Banks can impose restrictions on any customer or bank account suspected of being involved in account misuse or criminal activity, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, May 12 — The Association of Banks in Malaysia (ABM) reiterated today that its member banks continue to make available repayment assistance to affected borrowers as announced previously.
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