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KUALA LUMPUR, March 24 (Bernama) – The Islamic banking and takaful industries continued to record positive growth in 2024, with the Islamic banking industry’s share of total financing in the financial system increasing to 46.6 per cent last year from 45.6 per cent in 2023.
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KUALA LUMPUR, March 24 (Bernama) -- Enhanced security controls enabled the banking industry to avert over RM399 million in attempted fraudulent transactions in 2024, Bank Negara Malaysia (BNM) said.
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KUALA LUMPUR, March 24 (Bernama) -- Financial losses from operational risks reported by financial institutions continued to be small in the second half of 2024 (2H 2024), accounting for only 0.03 per cent of total banking system capital compared to 0.05 per cent in the first six months.
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KUALA LUMPUR, March 24 (Bernama) -- Malaysia’s currency in circulation (CIC) rose by 5.5 per cent year-on-year to RM170.7 billion as of Dec 31, 2024, reversing a 0.2 per cent decline in 2023, where it stood at RM161.8 billion.
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KUALA LUMPUR, March 22 (Bernama) — Malaysia's economy is expected to expand by 4.5 per cent to 5.5 per cent in 2025, primarily driven by strong domestic demand and a robust investment landscape with exports expected to moderate amid heightened external uncertainties, Bank Negara Malaysia (BNM) said.
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KUALA LUMPUR, March 21 (Bernama) -- Cyberview Sdn Bhd has strengthened its position in the Cyberjaya City Centre development (CCC) by assuming a 100 per cent stake in CSB Development Sdn Bhd (CSBD), following the acquisition of shares from MRCB Land.
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KUALA LUMPUR, March 21 (Bernama) -- Hotayi Electronic (M) Sdn Bhd has broken ground on its RM500 million phase three smart factory expansion in Batu Kawan, Penang, a move set to generate 1,000 new high-skilled jobs.
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KUALA LUMPUR, March 21 (Bernama) -- Nestlé Malaysia and its local partner Malconrep Depot (M) Sdn Bhd have jointly invested RM250 million to establish an integrated logistics hub in Port Klang, which is expected to be fully operational by the first quarter of 2026 (1Q 2026).
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KUALA LUMPUR, March 20 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz today officiated at the flag-off of the ASEAN Unity Drive 2025 (AUD 2025), aimed at promoting cross-border electric mobility and strengthening ties between industry leaders, governments and communities.
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KUALA LUMPUR, March 20 (Bernama) -- MIMOS Berhad and SensoremTek Sdn Bhd have signed a strategic cooperation agreement to strengthen the country's semiconductor industry through the production of high-tech MEMS (Micro-Electro-Mechanical Systems) microphone sensor wafers.
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KUALA LUMPUR, March 20 (Bernama) -- ITMAX System Bhd’s subsidiary Southmax Sdn Bhd has been appointed by Mersing District Council as the smart parking operator for outdoor parking spaces in the Mersing area.
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KUALA LUMPUR, March 20 (Bernama) -- The growth of Malaysia’s digital asset ecosystem signals Malaysian investors’ rising familiarity with the new asset classes, particularly crypto-asset trading activities, the Securities Commission Malaysia (SC) said.