Bank Shares Mixed In Early Trade Following BNM OPR Cut
KUALA LUMPUR, July 10 (Bernama) -- Bank shares were mixed in early trade today as Bank Negara Malaysia’s (BNM) interest rate cut exerted immediate pressure on banks’ net interest margins (NIM).
KUALA LUMPUR, July 10 (Bernama) -- Bank shares were mixed in early trade today as Bank Negara Malaysia’s (BNM) interest rate cut exerted immediate pressure on banks’ net interest margins (NIM).
KUALA LUMPUR, July 8 (Bernama) -- Shariah-compliant peer-to-peer (P2P) financing platform microLEAP is drawing attention, having not only disbursed a commendable RM350 million in funding to small and medium enterprises (SMEs) in the first half of this year, but has also maintained the lowest default rate among all P2P operators in Malaysia at a mere 0.42 per cent.
By Abdul Hamid A Rahman
KUALA LUMPUR, July 1 (Bernama) -- The ringgit closed higher against the US dollar today, supported by improved sentiment towards emerging market currencies amid a weaker greenback.
KUALA LUMPUR, June 28 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is actively creating more space for young entrepreneurs to thrive, in line with Malaysia’s role as ASEAN chair, said Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, June 12 (Bernama) – Malaysia will convene a special ASEAN Economic Ministerial (AEM) meeting in Bangkok at the end of July to accelerate progress on the Digital Economy Framework Agreement (DEFA).
From Nor Baizura Basri
SAN FRANCISCO, June 4 (Bernama) -- US-based cloud company Snowflake said it could play an important part in the ASEAN Digital Economy Framework Agreement (DEFA) as the bloc’s member countries aim to conclude the negotiations by the end of this year.
By Danni Haizal Danial Donald
KUALA LUMPUR, May 28 (Bernama) -- The impact of enhancing the digital economy via the ASEAN Economic Community (AEC) Strategic Plan 2026-2030 will be immense because the region’s digital economy is projected to reach US$1 trillion by 2030, an economist said.
By V. Sankara
KUALA LUMPUR, May 26 (Bernama) -- ASEAN must capitalise on strategic initiatives such as the ASEAN Geo-economics Task Force and the Digital Economy Framework Agreement (DEFA) to narrow its economic gap with major global blocs like the European Union.
KUALA LUMPUR, May 16 (Bernama) -- The European Union (EU) has yet to determine whether Malaysia will be classified as a low risk country under its upcoming country benchmarking system for the EU Deforestation Regulation (EUDR), said EU Ambassador to Malaysia Rafael Daerr.
From Muhammad Muzammil Abdullah
JEJU, May 15 (Bernama) -- ASEAN countries and Asia-Pacific Economic Cooperation (APEC) economies could pursue convergence in digitalisation initiatives to boost trade, investment, and transaction growth.
KUALA LUMPUR, May 15 (Bernama) -- Aucnet Inc (Aucnet), a Tokyo-based circular market design company, has announced the full acquisition of its Singapore joint venture, SG e-Auction Pte Ltd (SG e-Auction), as part of its strategic push to expand its global resale network in ASEAN and Oceania.
From C Vinoothene
SINGAPORE, April 24 (Bernama) -- Malaysia ranks highly in cybersecurity readiness within ASEAN, according to global cybersecurity firm Kaspersky.