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There are 67 news based on search keyword " settlement"

BHIC Disposes of Stake in CAD to German Company for RM54 Mln

KUALA LUMPUR, Dec 24 (Bernama) -- Boustead Heavy Industries Corporation Bhd (BHIC) has disposed of its equity stake in Contraves Advanced Devices Sdn Bhd (CAD) to German automotive and arms manufacturer, Rheinmetall AG.

Ending Flat-rate Loan Calculations Can Curb Household Debt, Bankruptcy Risks -- Economists

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.

Mavenir, Spry Fox Networks Team Up To Revolutionise API Monetisation In Telecom Sector 

KUALA LUMPUR, Dec 20 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, and Spry Fox Networks (SFN), a pioneer in application programming interface (API) monetisation and network exposure, have entered into a strategic partnership.

BNM Refining RBI Proposal For LCSF, To Enhance Use Of Rupee And Ringgit In Trade

KUALA LUMPUR, Dec 5 (Bernama) -- Bank Negara Malaysia (BNM) is currently fine-tuning a proposal from the Reserve Bank of India (RBI) to develop a Local Currency Settlement Framework (LCSF) to enhance the use of the Malaysian ringgit and Indian rupee in bilateral trade, said the Ministry of Investment, Trade and Industry (MITI).

Takaful Ikhlas General Wins Team Of The Year Award

KUALA LUMPUR, Dec 2 (Bernama) -- Takaful Ikhlas General Bhd, a wholly owned subsidiary of MNRB Holdings Bhd (MNRB), has been named Team of the Year (General Insurance and Takaful) at the Malaysia Management Excellence Awards 2024.

Bumi Armada Profit Rises 19 Pct To RM211.33 Mln In 3Q

KUALA LUMPUR, Nov 22 (Bernama) -- Bumi Armada Bhd’s net profit increased by 19 per cent to RM211.33 million in the third quarter ended Sept 30, 2024 (3Q FY2024) from RM177.77 million in the same period last year.

BNM, BIS Drive Global Cross-border Payment Innovation With Project Nexus

KUALA LUMPUR, Nov 19 (Bernama) -- Bank Negara Malaysia (BNM), in collaboration with the Bank for International Settlements (BIS) and four other central banks, is advancing Project Nexus to enhance the efficiency of instant payment systems (IPS) for seamless cross-border transactions globally, with full operation expected by 2027.

PM Anwar To Receive Peru's El Sol Medal On Historic Latin America Visit – Ambassador

LIMA (Peru), Nov 12 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim will receive Peru’s highest honour, the "El Sol del Peru", in recognition of his role as Head of Government during his first official visit to the Latin American nation since assuming office in 2022.

Govt Aims To Lower Fiscal Deficit To 3 Pct In Medium Term – Lim

KUALA LUMPUR, Nov 11 (Bernama) -- The government aims to reduce the fiscal deficit to three per cent in the medium term, as outlined in the MADANI Economy framework and the Public Finance and Fiscal Responsibility Act 2023 (Act 850).

Meetings With Companies In Shanghai An Opportunity To Attract Quality Investments - Anwar

KUALA LUMPUR, Nov 6 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim led a Malaysian delegation in one-on-one meetings with four leading companies in Shanghai before continuing his visit to Beijing today.

IATA To Offer Digital Currencies In Financial Settlement Systems

KUALA LUMPUR, Oct 29 (Bernama) -- The International Air Transport Association (IATA) announced that it will offer digital currencies in the financial settlement systems it operates for the aviation industry.

Cross Border Transactions Enhanced In Experimental Project -- BIS, Central Banks

KUALA LUMPUR, Oct 28 (Bernama) -- The Bank for International Settlements (BIS) and its central bank partners have successfully demonstrated with Project Mandala that regulatory compliance can be embedded in cross-border transaction protocols.