1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government has allocated a RM100 million matching fund to spur innovation in Islamic financing based on Islamic values so that it no longer depends on Shariah-compliant products similar to conventional ones.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- HDFC Bank, India’s private sector bank, has opened its first branch in Singapore to provide banking services and has been granted a wholesale banking licence by the Monetary Authority of Singapore (MAS) effective Oct 15.
1y ago
By Rosemarie Khoo
KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia’s market bellwether finished higher today, thanks to mild buying in consumer products and services, telecommunications and banking stocks, amid a mixed regional market performance.
1y ago
KUALA LUMPUR, Oct 15 (Bernama) -- Takaful industry players are urged to embrace the aspirations of the recently issued exposure draft on the broader application of Ta`awun in takaful to explore new models in promoting social cohesion and wealth distribution.
1y ago
KUALA LUMPUR, Oct 13 (Bernama) -- RHB Banking Group has expressed optimism about Budget 2025, expecting it to deliver well-balanced strategic initiatives that address both immediate economic needs and lay a strong foundation for future growth.
1y ago
From Sharifah Hunaini Syed Ismail
VIENTIANE, Oct 11 (Bernama) -- Malaysia is committed to exploring new business opportunities in Laos that could benefit both countries and is looking forward to enhancing bilateral cooperation, Prime Minister Datuk Seri Anwar Ibrahim said.
1y ago
KUALA LUMPUR, OCT 11 (Bernama) -- Alliance Bank Malaysia Bhd has appointed Tan Sri Amirsham Abdul Aziz as its new chairman.
1y ago
KUALA LUMPUR, Oct 11 (Bernama) -- The share prices of Public Bank Bhd and LPI Capital Bhd contracted following the news of the bank’s proposed acquisition of a 44.15 per cent stake in LPI Capital Bhd to provide a more comprehensive service offering.
1y ago
KUALA LUMPUR, Oct 10 (Bernama) -- Public Bank Bhd has proposed to acquire a 44.15 per cent stake in LPI Capital Bhd, comprising 175.9 million shares, for RM1.72 billion in cash or RM9.80 per share.
1y ago
KUALA LUMPUR, Oct 10 (Bernama) -- Shares of Public Bank Bhd and LPI Capital Bhd will resume trading with effect from 9 am tomorrow, according to separate filings from the two companies to Bursa Malaysia.
1y ago
KUALA LUMPUR, Oct 10 (Bernama) -- Public Bank Bhd has proposed to acquire a 44.15 per cent stake in LPI Capital Bhd, comprising 175.9 million shares, for RM1.72 billion in cash.
1y ago
KUALA LUMPUR, Oct 8 (Bernama) -- Shares of Public Bank Bhd and LPI Capital Bhd will be suspended from 9 am tomorrow, pending a major announcement, separate filings from the two companies to Bursa Malaysia said on Tuesday evening.