1y ago
KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia recorded a demand for 42,835 digital jobs in the first quarter of 2024, highlighting the increasing importance of digital roles in industries such as banking and manufacturing.
1y ago
KUALA LUMPUR, Oct 5 (Bernama) -- Kenanga Investment Bank Bhd expects the overnight policy rate (OPR) to remain stable at 3.0 per cent throughout 2025.
1y ago
KUALA LUMPUR, Oct 4 (Bernama) -- Malaysia’s banking system is strong, well-positioned to weather shocks and supportive of financial intermediation activities, and continues to be backed by healthy capital and liquidity buffers, said Hong Leong Investment Bank (HLIB).
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- Domestic financial market conditions have remained orderly despite heightened volatility in global financial markets during the second and third quarters of 2024, according to Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, introduced its latest insurance-focused payments solution, the Duck Creek Payments Facilitator.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- CIMB Bank Bhd and CIMB Islamic Bank Bhd (CIMB Bank) have partnered with Credit Guarantee Corporation Malaysia Bhd (CGC) to offer an additional RM1.5 billion in financing through a portfolio guarantee scheme for small and medium-sized enterprises (SMEs).
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- A softer economic downturn and interest rate cuts could create favourable conditions for investing in preferred securities, particularly in electric utilities and regional banks, according to Manulife Investment Management (M) Bhd.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) – OCBC Bank has appointed George Lee Lap Wah as the chairman of OCBC Bank (Malaysia) Bhd and OCBC Al-Amin Bank Bhd (OCBC Al-Amin) effective today.
1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- BUSINESSNEXT, a global leader in composable enterprise solutions for financial services, has partnered with New York-based MongoDB to accelerate autonomous operations powered with specialised predictive and generative artificial intelligence (Gen AI) for banking and insurance.
1y ago
JAKARTA, Sept 28 (Bernama) -- The renewal of the Local Currency Bilateral Swap Agreement (LCBSA) between Malaysia and Indonesia enables the exchange of local currencies between Bank Negara Malaysia (BNM) and Bank Indonesia (BI) with a value amounting to RM24 billion or IDR82 trillion for five years.
1y ago
SHAH ALAM, Sept 27 (Bernama) -- Bank Islam Malaysia Bhd has launched the Mastercard Inspire Credit Card-i, a new shariah-compliant credit card designed for young professionals.
1y ago
KUCHING, Sept 27 (Bernama) -- The state government will not interfere in the business operations of Affin Bank, despite becoming its largest shareholder, said Sarawak Premier Tan Sri Abang Johari Tun Openg.