KUALA LUMPUR, March 24 (Bernama) -- Bank Negara Malaysia (BNM) emphasised that structural reforms and policies must take precedence over excessive reliance on international reserves to manage currency fluctuations.
KUALA LUMPUR, March 24 (Bernama) – Bank Negara Malaysia’s (BNM) total assets as at Dec 31, 2024 decreased 1.61 per cent to RM621.54 billion from RM631.74 billion in the previous year, with international reserves continuing to account for the bulk of assets at 84 per cent (2023: 82 per cent).
KUALA LUMPUR, March 24 (Bernama) -- Alliance Bank Malaysia Bhd (ABMB) is on the right track to scale up operations following its proposal to undertake a rights issue to raise RM600 million to boost its diminishing common equity tier-1 (CET-1) of 12.4 per cent by +1.1 percentage points (ppts), CIMB Securities Sdn Bhd.
KUALA LUMPUR, March 21 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has maintained a stable outlook on the Malaysian banking sector in 2025 despite external pressure.
KUALA LUMPUR, March 12 (Bernama) -- The issue of unpaid maintenance fees is a snowballing crisis, that, if unaddressed, can escalate into a major threat to property value and living conditions.
KUALA LUMPUR, March 11 (Bernama) -- Bank Negara Malaysia (BNM) and relevant stakeholders are working together to expedite the implementation of a long-term solution to effectively control medical cost inflation, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, March 7 (Bernama) -- Malaysia’s international reserves rose to US$118.3 billion as at Feb 28, 2025, from US$117.7 billion on Feb 14, 2025, according to Bank Negara Malaysia (BNM).
KUALA LUMPUR, March 7 (Bernama) -- Malaysian banks will likely see moderate profit growth this year, underpinned by steady loan expansion and still-benign loan provisioning expenses.
GEORGE TOWN, March 5 (Bernama) -- Penang and Kazakhstan continue to explore shared opportunities and values by expanding the cooperation in trade, business and tourism.
KUALA LUMPUR, Feb 25 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher today, supported by concerns over tight supply, said an analyst.
KUALA LUMPUR, Feb 25 (Bernama) -- Telekom Malaysia Bhd’s (TM) net profit rose 7.8 per cent to RM2.01 billion for the financial year ended Dec 31, 2024 (FY2024) from RM1.87 billion recorded a year ago, due to lower net finance costs and the recognition of remaining one-off tax credits.
KUALA LUMPUR, Feb 21 (Bernama) -- Malaysia’s international reserves rose to US$117.7 billion as at Feb 14, 2025, from US$116.4 billion on Jan 31, 2025, according to Bank Negara Malaysia (BNM).
