Malaysia's Economic Momentum To Be Sustained In 2025 -- HLIB

KUALA LUMPUR, April 2 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) continues to expect Malaysia’s economic momentum to be sustained in 2025, driven mainly by domestic demand.

Agrobank Disburses Record Financing Of RM10.44 Bln In 2024

KUALA LUMPUR, March 26 (Bernama) -- Agrobank recorded its highest financing disbursement of RM10.44 billion and achieved outstanding performance across all sectors in 2024.

Development Financial Institutions' Higher Approval Boosts Over 14,000 Businesses

KUALA LUMPUR, March 24 (Bernama) -- More than 14,000 small and medium enterprises (SMEs), microenterprises, start-ups, and the low-income group grew in line with higher approval rates under development financial institutions (DFI) financing in 2024, said Bank Negara Malaysia (BNM) today. 

Boost Bank, CGC Digital Partner To Empower MSMEs With RM130 Mln Funding

KUALA LUMPUR, March 20 (Bernama) -- Boost Bank has partnered with CGC Digital, a financial technology (fintech) subsidiary of Credit Guarantee Corporation Malaysia Bhd (CGC), to provide RM130 million in financing solutions for eligible underserved micro, small and medium enterprises (MSMEs).

AEON Credit Fully Redeems RM200 Mln Subordinated Sukuk

KUALA LUMPUR, March 12 (Bernama) -- AEON Credit Service (M) Bhd announced that it has fully redeemed its RM200 million subordinated sukuk today. 

Yayasan Peneraju Introduces Direct Financing Scheme For Bumiputera Talents

KUALA LUMPUR, Feb 26 (Bernama) -- Yayasan Peneraju has launched a new financing scheme that will see funds disbursed directly to individuals instead of learning and training institutions. 

Audit Flags SME Corp For Overspending Development Grants

KUALA LUMPUR, Feb 24 (Bernama) -- SME Corporation Malaysia (SME Corp) spent development grants beyond its allocated funds, resulting in a RM7.96 million debit balance.

Ambank Group Projects Malaysia’s GDP Growth At 5.1 Pct in 2024, Driven By Domestic Expansion

Malaysia’s 5.1 Pct GDP Growth In 2024 Demonstrates Resilience Amid Global Uncertainties - Economist

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.

Ringgit Records 2.7 Pct Overall Appreciation Against US Dollar In 2024 -- BNM

KUALA LUMPUR, Feb 14 (Bernama) -- The ringgit recorded an overall appreciation of 2.7 per cent against the US dollar in 2024, standing out as one of the few Asian currencies to strengthen versus the greenback, said Bank Negara Malaysia (BNM). 

microLEAP's Financing Disbursement Surges 101 Pct To RM125 Mln In 2024

KUALA LUMPUR, Jan 28 (Bernama) -- Peer-to-peer (P2P) financing platform microLEAP recorded a 101 per cent year-on-year increase in financing disbursements, rising to RM125 million in 2024 from RM62.18 million in 2023.  

Alliance Bank Survey: ESG Awareness Among SMEs Grows By 60 Pct

SUBANG, Jan 21 (Bernama) -- Alliance Bank Malaysia Bhd’s latest environmental, social and governance (ESG) survey has indicated a sixfold increase in environmental, social, and governance (ESG) awareness among small and medium enterprises (SMEs) in Malaysia.