9m ago
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.
9m ago
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.
9m ago
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.
10m ago
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).
10m ago
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.
10m ago
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.
10m ago
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.
11m ago
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.
11m ago
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).
11m ago
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.
11m ago
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.
11m ago
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.