SME Bank Approves RM3.6 Bln Funding In FY2024

KUALA LUMPUR, Feb 10 (Bernama) -- Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) has facilitated about RM3.6 billion in approved financing for the 2024 (FY2024) financial year, a 35.1 per cent increase from a year ago.

CPO Futures May See Slight Downtrend Next Week On Profit-taking

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 8 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trend slightly lower next week as traders engage in profit-taking following the recent price rally, said palm oil trader David Ng.

BNM Imposes Penalties Totalling RM1.66 Mln On Four Financial Institutions

KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) totalling RM1.66 million on four financial institutions for non-compliance with the Financial Services Act 2013 (FSA) and/or Islamic Financial Services Act 2013 (IFSA).

AI's Impact On Political Campaigns: New Paper Warns Of Risks, Opportunities For Democracy

KUALA LUMPUR, Jan 27 (Bernama) -- Artificial intelligence (AI) is transforming political campaigns worldwide, creating unprecedented opportunities while amplifying risks for democratic processes, according to the newly launched policy paper developed by Future Shift Labs, a global think tank exploring AI and governance.

Moody’s Affirms Malaysia’s Sovereign Credit Rating At “A3” With Stable Outlook

KUALA LUMPUR, Jan 25 (Bernama) -- Moody’s Ratings (Moody’s) has reaffirmed Malaysia’s sovereign credit rating at “A3” with a “stable” outlook while declaring that Malaysia’s medium-term growth prospects remain buoyant.

Economist Forecasts Ringgit To Reach RM4.45 Vs US Dollar By Year-end

KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar.

BNM Continues To Monitor Domestic Inflation, Growth Outlook For Sustainable Growth

KUALA LUMPUR, Jan 21 (Bernama) -- Bank Negara Malaysia (BNM) continues to closely monitor the balance of risks related to domestic inflation and the growth outlook to ensure that Malaysia’s monetary policy stance remains conducive to sustainable growth amid price stability. 

Proton e.Mas 7 Production To Be Boosted Amid Strong Demand

KOTA BHARU, Jan 21 (Bernama) -- Proton Holdings Bhd (Proton) is boosting the production of the e.MAS 7 electric vehicle (EV) by an additional 3,000 units to cope with the high demand from customers nationwide.

CBL Chairman & CEO Shares Vision For Sustainable Fuels In Nasdaq Interview

KUALA LUMPUR, Jan 21 (Bernama) -- CBL International Limited (CBL), the listing entity of Banle Group (Banle) announced its Chairman and Chief Executive Officer, Teck Lim Chia, was recently featured in an exclusive interview on Nasdaq's Amplify Spotlight programme.

Anwar To Lead ASEAN’s Global Voice At WEF 2025

DAVOS (Switzerland), Jan 20 (Bernama) -- As the Chair of ASEAN in 2025, Prime Minister Datuk Seri Anwar Ibrahim is expected to amplify the 10-member bloc’s collective voice on the global stage during his attendance at the World Economic Forum (WEF) Annual Summit 2025 in Davos.

AirAsia Eyes 5 Mln Guest Arrivals To Sabah This Year

KOTA KINABALU, Jan 14 (Bernama) -- Budget carrier AirAsia is expecting five million guest arrivals to Sabah through Kota Kinabalu, Sandakan, and Tawau this year, up from the 3.7 million arrivals recorded in 2024.

BMI Expects Malaysia’s Economy To Be Resilient In 2024 At 5.0 Pct

KUALA LUMPUR, Jan 14 (Bernama) -- BMI, a Fitch Solutions company, projected Malaysia’s economy to be resilient in 2024, with a real gross domestic product (GDP) growth forecast of 5.0 per cent, supported by robust investment and resilient consumption.