9m ago
KUALA LUMPUR, April 10 (Bernama) -- Bank Negara Malaysia (BNM) and Bank of Thailand (BOT) have signed a memorandum of understanding (MoU) to strengthen joint efforts in cybersecurity and digital fraud protection.
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KUALA LUMPUR, April 9 (Bernama) -- The ringgit closed weaker against the US dollar today, weighed down by cautious market sentiment following reports of a 104 per cent tariff imposed on China, indicating the likelihood of a prolonged trade war.
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By Zufazlin Baharuddin
KUALA LUMPUR, April 9 (Bernama) -- ASEAN Power Grid (APG) vision requires an estimated investment of US$764 billion (US$1 = RM4.49) for power generation and transmission infrastructure, said ASEAN secretary- general Dr Kao Kim Hourn.
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By Siti Baaqiah Mamat
KUALA LUMPUR, April 8 (Bernama) -- Establishing the National Scam Response Centre (NSRC) and the National Fraud Portal has yielded early signs of success in combating the rising number of scams and fraud cases reported in recent years, said Bank Negara Malaysia (BNM).
9m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, April 8 (Bernama) -- The National Bank of Cambodia’s (NBC) participation in the ASEAN economic payment connectivity initiative aimed to foster regional economic growth and establish a more interconnected payment system within the region, said its governor, Dr Chea Serey.
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KUALA LUMPUR, April 7 (Bernama) -- Alliance Bank Malaysia Bhd is now close to achieving RM15 billion in new sustainable banking business for green projects to support small and medium enterprises (SMEs) ahead of the targeted 2027 financial year.
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By Siti Radziah Hamzah
KUALA LUMPUR, April 6 (Bernama) -- Concerns about a global recession are growing, driven by recent revisions to the gross domestic product (GDP) for the United States (US), Europe, and China, along with Donald Trump’s announcement on Thursday of new reciprocal tariff plans.
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KUALA LUMPUR, April 4 (Bernama) -- OM Holding Ltd’s (OMH) wholly owned subsidiaries OM Materials (S) Pte Ltd (OMS) and OM Materials (Sarawak) Sdn Bhd (OM Sarawak) have successfully refinanced through a US$168 million syndicated debt facility, along with separately and bilaterally arranged working capital and bank guarantee facilities of approximately US$136 million.
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KUALA LUMPUR, April 4 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has revised Malaysia’s 2025 real gross domestic product (GDP) growth forecasts to 4.3 per cent from 4.9 per cent and to 4.0 per cent from 4.6 per cent for 2026.
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By Abdul Hamid A Rahman
KUALA LUMPUR, April 3 (Bernama) -- The global financial markets and regional export-reliant economies including Malaysia are bracing for increased volatility following US President Donald Trump’s aggressive tariff rollout effective April 5 and April 9, 2025.
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KUALA LUMPUR, April 2 (Bernama) -- Islamic banks in Malaysia are extending financial assistance to victims of the Putra Heights gas pipeline fire in Selangor.
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KUALA LUMPUR, April 2 (Bernama) -- The banking sector’s loan growth prospects remain strong, buoyed by a combination of major infrastructure projects like the Johor-Singapore Special Economic Zone and renewable energy investments, said MIDF Amanah Investment Bank Bhd.