10m ago
KUALA LUMPUR, March 24 (Bernama) -- Orderly domestic market conditions will continue given Malaysia’s deep and liquid financial markets and sound banking system, providing sufficient buffer against global volatility.
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KUALA LUMPUR, March 24 (Bernama) -- Solvency and liquidity stress test exercises have re-affirmed that banks in the country remain highly resilient even in the face of severe macroeconomic, financial, and liquidity shocks.
10m ago
KUALA LUMPUR, March 24 (Bernama) -- Buy now, Pay Later (BNPL) activity has grown rapidly, although the total outstanding BNPL debt remained a small proportion of overall household debt at RM2.8 billion or 0.2 per cent as of December 2024.
10m ago
KUALA LUMPUR, March 20 (Bernama) – Pharmaniaga Bhd is moving forward with its regularisation plan to exit Practice Note 17 (PN17) status following shareholders’ approval of three key resolutions at the group’s extraordinary general meeting (EGM) today.
10m ago
KUALA LUMPUR, March 14 (Bernama) -- Bank Negara Malaysia (BNM) said the Finance Minister has approved Aznan Abdul Aziz’s appointment as deputy governor for a three-year term effective April 1, 2025.
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KUALA LUMPUR, March 12 (Bernama) -- The issue of unpaid maintenance fees is a snowballing crisis, that, if unaddressed, can escalate into a major threat to property value and living conditions.
10m ago
KUALA LUMPUR, March 11 (Bernama) -- Sapura Energy Bhd (SEB) has secured RM1.1 billion in investment from Malaysia Development Holding Sdn Bhd (MDH) through the latter's subscription of the company’s nominal value of redeemable convertible loan stocks (RCLS).
10m ago
By Abdul Hamid A. Rahman
KUALA LUMPUR, March 11 (Bernama) -- Unpaid maintenance fees in strata developments have reached worrying levels, with arrears estimated in the hundreds of millions — and potentially billions, if unaddressed.
10m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 3.00 per cent reflected a strategic calibration of monetary policy that allows the central bank flexibility amid evolving global and domestic economic conditions.
11m ago
BANGKOK, Feb 26 (Bernama) -- The Bank of Thailand’s (BOT) Monetary Policy Committee (MPC) has voted to cut the policy rate by 0.25 percentage points, bringing it down from 2.25 per cent to 2.00 per cent, effective immediately, in a bid to stimulate economic growth.
1y ago
KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) totalling RM1.66 million on four financial institutions for non-compliance with the Financial Services Act 2013 (FSA) and/or Islamic Financial Services Act 2013 (IFSA).
1y ago
KUALA LUMPUR, Jan 21 (Bernama) -- Bank Negara Malaysia (BNM) continues to closely monitor the balance of risks related to domestic inflation and the growth outlook to ensure that Malaysia’s monetary policy stance remains conducive to sustainable growth amid price stability.