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GLICs Reiterate Commitment To Support MADANI Economy Framework

JOHOR BAHRU, Sept 30 (Bernama) -- Malaysia’s government-linked investment companies (GLICs) reiterated their joint commitment to support the MADANI Economy framework through targeted capital deployment in high-growth, high-value sectors.

National Audit Department To Audit 2,000 GLCs Next Year

KUALA LUMPUR, Sept 30 (Bernama) -- The National Audit Department (NAD) will be auditing 2,000 government-linked companies (GLCs) beginning next year in an effort to create a new era of enhanced governance in Malaysia, said Auditor-General Datuk Wan Suraya Wan Mohd Radzi.

BUSINESSNEXT-MongoDB Collaboration Powering Autonomous Operations In Financial Services

KUALA LUMPUR, Sept 30 (Bernama) -- BUSINESSNEXT, a global leader in composable enterprise solutions for financial services, has partnered with New York-based MongoDB to accelerate autonomous operations powered with specialised predictive and generative artificial intelligence (Gen AI) for banking and insurance.

Govt Pledges To Elevate Governance With Digitalisation, Risk-based Auditing Initiatives -- Lim Hui Ying

KUALA LUMPUR, Sept 30 (Bernama) -- The government is committed to raising the bar for governance standards with the National Audit Department embarking on transformative projects that underscore the importance of digitalisation, risk-based auditing, and collaborative governance.

Malaysia's Official Reserve Assets At US$116.77 Bln As At End-August 2024 - BNM

KUALA LUMPUR, Sept 30 (Bernama) --The official reserve assets amounted to US$116.77 billion, while other foreign currency assets amounted to US$88.9 million as at end-August 2024, said Bank Negara Malaysia (BNM). 

Foreign Investors Turn Net Sellers At RM527 Mln Last Week

KUALA LUMPUR, Sept 30 (Bernama) -- Foreign investors turned net sellers of equities on Bursa Malaysia last week as they took profit after six straight weeks of net buying, according to MIDF Amanah Investment Bank Bhd (MIDF).

AirAsia Pushes For A More Liberalised Air Travel Landscape In ASEAN

KUALA LUMPUR, Sept 30 (Bernama) -- Despite a thriving operation in major ASEAN countries, AirAsia’s persistent difficulty in obtaining an operating licence in Singapore highlights a key challenge in the aviation sector—the conflict between national protectionism and the need for open competition.

Digital Economy To Meet Or Exceed Projected 25.5 Pct Contribution To GDP By End-2025 - Gobind

KUALA LUMPUR, Sept 27 (Bernama) -- As Malaysia continues to attract investors, Digital Minister Gobind Singh Deo is confident that the digital economy will meet, or even exceed, the projected 25.5 per cent contribution to Malaysia’s gross domestic product (GDP) by the end of 2025.

BNM Seeks Feedback On Three-year Roadmap For Full Transition To MYOR/MYOR-i 

KUALA LUMPUR, Sept 27 (Bernama) -- Bank Negara Malaysia (BNM) is seeking feedback on a proposed three-year roadmap for the full transition to Malaysia Overnight Rate (MYOR) and Malaysia Islamic Overnight Rate (MYOR-i) alongside the cessation of the Kuala Lumpur Interbank Offered Rate (KLIBOR).

Sarawak Becomes Largest Shareholder In Affin Bank With 31.25 Pct Stake

KUALA LUMPUR, Sept 27 (Bernama) -- The Sarawak state government, through its wholly-owned subsidiary, SG Assetfin Holdings Sdn Bhd, has finalised the share purchase agreement (SPA) of Affin Bank shares from Lembaga Tabung Angkatan Tentera (LTAT) and Boustead Holdings Bhd.

Bernama's Chairman Appointed To Two CMI Positions 

KUALA LUMPUR, Sept 27 (Bernama) -- Datuk Seri Wong Chun Wai, chairman of the Malaysian National News Agency (BERNAMA) and advisor of Star Media Group, has been named as a Chartered Management Institute (CMI) regional board member for Malaysia.

ASEAN Chairmanship 2025: Malaysia Assures Member States Of Robust Digital Economic Growth For All - Anwar

KUALA LUMPUR, Sept 26 (Bernama) -- Malaysia will ensure robust digital economic growth across the 10 ASEAN member states as it takes up chairmanship next year, said Prime Minister Datuk Seri Anwar Ibrahim.