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BNM, BI And BOT Adopt Harmonised Local Currency Transaction Framework Guidelines

KUALA LUMPUR, Feb 17 (Bernama) -- Bank Negara Malaysia (BNM), Bank Indonesia (BI) and the Bank of Thailand (BOT) today announced the adoption of a harmonised Local Currency Transaction Framework Operational Guidelines (LCTF OG) and the expansion of eligible cross-border transactions under the framework.

Bursa Malaysia Lower At Midday, Selected Selling In Financial And Utility Heavyweights

KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia was weighed down by continuous selling in selected heavyweights at midday, led by the financial services and utilities sectors.

Local Institutions Boost Bursa Malaysia For 17th Consecutive Week - MIDF

KUALA LUMPUR, Feb 17 (Bernama) -- Local institutions continued to support Bursa Malaysia for the 17th consecutive week, with net purchases totalling RM77.9 million in domestic equities last week, according to MIDF Amanah Investment Bank Bhd.

5.1 Pct GDP Growth In 2024 Reflects MADANI Govt's Determination To Boost Economy

KUALA LUMPUR, Feb 14 (Bernama) -- The 5.1 per cent gross domestic product (GDP) growth achieved in 2024, which exceeds the initial official forecast of four to five per cent, reflects the MADANI government’s confidence and determination to turn around the Malaysian economy, said the Ministry of Finance (MoF).

Malaysia Must Fully Leverage Its Strong Aerospace Ecosystem – MITI

KUALA LUMPUR, Feb 13 (Bernama) -- Malaysia should capitalise its strong aerospace ecosystem and must maximise its potential to drive industry growth, said Investment, Trade, and Industry (MITI) deputy secretary-general (Industry), Datuk Hanafi Sakri.

MP Proposes Setting Up Forex Risk Committee To GLICs

KUALA LUMPUR, Feb 12 (Bernama) -- A member of parliament today called on the government to set up a committee to coordinate foreign currency exchange (forex) risks to the operations of government-linked investment companies (GLICs).

MIDA, BEYOND4 Forge Partnership To Support High-growth SMEs

KUALA LUMPUR, Feb 12 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and BEYOND4 Sdn Bhd have inked a memorandum of understanding (MoU) to support high-growth small and medium enterprises (SMEs).

Bitdefender Acquires Bitshield's Division In APAC Expansion

KUALA LUMPUR, Feb 12 (Bernama) -- Global cybersecurity provider Bitdefender has acquired a key division of BitShield Data Defense Sdn Bhd, responsible for distributing Bitdefender solutions in Malaysia and Brunei.

Maybank Ranked Among World's 500 Most Valuable Brands

KUALA LUMPUR, Feb 10 (Bernama) -- Malayan Banking Bhd (Maybank) has once again joined the world’s 500 most valuable brands with a new ranking of 472.

SME Bank Approves RM3.6 Bln Funding In FY2024

KUALA LUMPUR, Feb 10 (Bernama) -- Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) has facilitated about RM3.6 billion in approved financing for the 2024 (FY2024) financial year, a 35.1 per cent increase from a year ago.

Local Institutions Boost Bursa Malaysia For 16th Consecutive Week - MIDF

KUALA LUMPUR, Feb 10 (Bernama) -- Local institutions continued to support Bursa Malaysia for the 16th consecutive week, with net purchases totalling RM194.2 million in domestic equities, according to MIDF Amanah Investment Bank Bhd (MIDF). 

MyGAS 2025 To Focus On Tackling Financing Challenges In Gas Industry

KUALA LUMPUR, Feb 7 (Bernama) -- The Malaysian Gas Symposium (MyGAS 2025) will focus on a critical challenge facing the gas industry - securing financing for gas-related projects “in the everchanging energy landscape to ensure energy security, affordability and sustainability.”