1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 2 (Bernama) -- Digital banks in Malaysia are increasing efforts to reach the underserved B40 group, especially those in rural areas, by integrating banking services into popular platforms and offering attractive incentives to encourage usage.
1y ago
KUALA LUMPUR, March 29 (Bernama) -- Malaysia’s approach to retirement system reform by the Employees Provident Fund (EPF) has been cited by the World Economic Forum (WEF) as a model for building long-term retirement systems in an emerging economy.
1y ago
KUALA LUMPUR, March 26 (Bernama) -- Malayan Banking Bhd (Maybank) will tap fully growth opportunities that arise as Malaysia assumes the ASEAN chairmanship this year, especially in areas of sustainability, transition finance, and micro, small, and medium-sized enterprises (MSMEs).
1y ago
KUALA LUMPUR, March 26 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) expects Islamic financing to expand at a steady eight per cent growth rate in 2025 despite global challenges and uncertainties.
1y ago
KUALA LUMPUR, March 25 (Bernama) -- Prudential Assurance Malaysia Bhd (PAMB) has reaffirmed its commitment to Bank Negara Malaysia’s (BNM) interim measures despite recent reports that it is increasing health insurance premiums.
1y ago
KUALA LUMPUR, March 24 (Bernama) – Electronic payment (e-payment) recorded high growth last year, with the total value of selected retail e-payment transactions increasing by 17 per cent to reach RM698.1 billion, according to Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, March 24 (Bernama) -- Banking system deposits grew at a slower pace of three per cent in the second half of 2024 (2H 2024), driven by the slower growth of deposits from resident businesses, partly due to higher costs and debt repayment.
1y ago
KUALA LUMPUR, March 24 (Bernama) -- The overall profitability of life insurance and family takaful funds declined in the second half of 2024 (2H 2024) to RM4.1 billion compared to 1H 2024’s RM8.4 billion due to weaker investment performance and larger net underwriting losses.
1y ago
KUALA LUMPUR, March 21 (Bernama) -- On a recent tour of southwest Yunnan Province, Chinese President Xi Jinping visited the Lijiang Modern Flower Industrial Park, an epitome of China's efforts to advance rural revitalisation.
1y ago
KUALA LUMPUR, March 21 (Bernama) -- Qube Integrated Malaysia Sdn Bhd, the organiser of SEACare 2025, has announced the inaugural SEA Healthcare and Pharma Conference 2025 taking place from April 23 to 25 at the Malaysia International Trade and Exhibition Centre (MITEC).
1y ago
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.
1y ago
KUALA LUMPUR, March 20 (Bernama) -- With a new contract in hand, ITMAX Bhd has secured a strategic foothold to offer its full range of smart city and artificial intelligence (AI) solutions in Penang, as the state embarks on its smart city transformation, Hong Leong Investment Bank (HLIB) said today.