1y ago
KUALA LUMPUR, Dec 24 (Bernama) -- Bank Negara Malaysia’s (BNM) proposal to abolish the flat-rate method for calculating personal financing is seen as a significant step towards improving the financial health of households, said an economist.
1y ago
KUALA LUMPUR, Dec 23 (Bernama) -- The capacity expansion project of the main transformer at the 500-kilovolt (kV) Shangdang Substation in Zhenjiang, Jiangsu Province, was officially put into operation on Dec 16.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 22 (Bernama) -- A review of the insurance industry’s performance in 2024 will undoubtedly have to include the backlash faced by the insurance and takaful industry after it announced a steep hike in medical insurance premiums.
1y ago
KUALA LUMPUR, Dec 20 (Bernama) -- Malaysia’s inflation rate for November 2024 has decreased to 1.8 per cent, down from 1.9 per cent in October this year, the first decline since August 2021, according to the Department of Statistics Malaysia (DOSM).
1y ago
By Karina Imran
KUALA LUMPUR, Dec 10 (Bernama) -- The Sarawak state government’s acquisition of a major stake in Affin Bank Bhd and Public Bank’s purchase of equity in LPI Capital Bhd, plus banks generally being highly profitable, were the major news items in Malaysia’s banking and financial landscape this year.
1y ago
KUALA LUMPUR, Dec 6 (Bernama) -- BMI, a unit of Fitch Solutions, revised downward its annual average of US$76 per barrel for Brent crude in 2025, down from US$78 per barrel previously.
1y ago
KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia’s banking sector is projected to continue recording higher profits in 2025, supported by steady loan growth, a stable interest rate environment, and non-interest income, said an economist.
1y ago
KUALA LUMPUR, Nov 29 (Bernama) -- Geniesoft Inc, a South Korean video content platform developer, has officially launched the Early Access version of ‘Dusty Derby’ on Steam.
1y ago
By Azman Ujang
KUALA LUMPUR, Nov 29 (Bernama) -- Billionaire tycoon T. Ananda Krishnan, who died yesterday at age 86, hardly gave exclusive media interviews, if any, earning him the reputation of a reclusive among Malaysia's richest men.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) – Ananda Krishnan, who died today aged 86, leaves an indelible mark in corporate Malaysia having founded several top-notch companies and emerging as among Malaysia’s richest men.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Singapore, Australia, Japan and Malaysia lead the rankings as Asia-Pacific’s (APAC) leading lifestyle and investment hotspots, according to global real estate consultancy and estate agency, Knight Frank.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Vanzo Holdings Bhd aims to raise RM14 million through its initial public offering (IPO) en route to a listing on the ACE Market of Bursa Malaysia on Dec 17, 2024.