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Gold Price Rally Best Opportunity To Invest In Shariah-Compliant BIGA-i Account - BIMB

KUALA LUMPUR, Nov 4 (Bernama) -- The price of gold, which has risen by more than 40 per cent since early January 2024, presents the best opportunity to invest in the Bank Islam Gold Account (BIGA-i), a Bank Islam Malaysia Bhd’s (BIMB) Shariah-compliant digital gold product.

LPPSA Secures RM1 Bln Financing From HSBC Amanah For Civil Servants’ Housing

KUALA LUMPUR, Nov 4 (Bernama) -- Public Sector Home Financing Board (LPPSA) has secured RM1 billion in funding from HSBC Amanah Malaysia Bhd to provide home financing specifically for civil servants.

ACMM Calls For Transparent Rules On Bank Account Closures

KUALA LUMPUR, Nov 3 (Bernama) -- The Association of Credit Management Malaysia (ACMM) has called on Bank Negara Malaysia (BNM) and the Ministry of Finance to introduce clear and transparent rules on bank account closures amid rising cases of sudden and unexplained suspensions affecting individuals and businesses.

Bursa Malaysia Ends At Intraday High Amid Renewed Bargain Hunting

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 3 (Bernama) -- Bursa Malaysia closed higher on Monday, settling at its intraday high on renewed bargain-hunting activity after last week’s lacklustre trading, in line with the upbeat performance across regional markets.

Northern Trust Expands Fund Services For Avanda Investment Management

KUALA LUMPUR, Nov 3 (Bernama) -- Northern Trust has expanded its fund services relationship with Avanda Investment Management, supporting its implementation of the mandate granted by the Monetary Authority of Singapore (MAS) as part of the Equity Market Development Programme (EQDP).

AIIB, Four Local Banks To Mobilise Up To US$6 Bln For ASEAN Infrastructure Projects

KUALA LUMPUR, Oct 30 (Bernama) -- The Asian Infrastructure Investment Bank (AIIB) has inked cooperation agreements with four local banks to mobilise up to US$6 billion (US$1=RM4.1835) for sustainable and technology-enabled infrastructure projects across the ASEAN region. 

UOB Malaysia, Prudential Launch PRUSupreme Legacy For Cross-border Wealth Planning

KUALA LUMPUR, Oct 30 (Bernama)-- UOB Malaysia and Prudential Assurance Malaysia Bhd (PAMB) have introduced PRUSupreme Legacy, an insurance plan that supports families with cross-border legacy planning and maximises the value of their inheritance.

BNM To Issue Policy Document To Broaden Takaful Industry

KUALA LUMPUR, Oct 30 (Bernama) -- Bank Negara Malaysia (BNM) plans to issue a policy document on the broader application of ta`awun (mutual assistance) in takaful by the end of this year, outlining shariah and regulatory requirements to unlock the full potential of the industry in fostering financial resilience and inclusion.

OTS Holdings Opens RM40 Mln Halal Advanced Food Manufacturing Facility In Johor

JOHOR BAHRU, Oct 29 (Bernama) -- Brand builder and food manufacturing group OTS Holdings Ltd has expanded its halal production capacity with the opening of a new RM40 million advanced food manufacturing facility in Simpang Renggam, Johor.

MIDA, CIMB Collaborate To Drive Sustainable Growth, Boost Malaysia's Competitiveness

KUALA LUMPUR, Oct 23 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and CIMB Bank Bhd have signed a memorandum of understanding (MOU) to accelerate high-value, sustainable investments, deepen industrial ecosystems, and enhance Malaysia’s competitiveness.

MIDA Secures RM7.3 Bln Potential Green Investments At IGEM 2025

KUALA LUMPUR, Oct 21 (Bernama) -- The Malaysian Investment Development Authority (MIDA) has secured RM7.3 billion potential green investments during the International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM) 2025.

Ringgit Closes Higher As US Banking Worries Weigh On Greenback

By Anas Abu Hassan

KUALA LUMPUR, Oct 17 (Bernama) -- The ringgit ended the week marginally higher against the American dollar on Friday as worries over US banks weighed on the greenback amid US-China trade tensions.