BNM International Reserves Slip To Us$118.1 Bln As At Dec 13, 2024
KUALA LUMPUR, Dec 20 (Bernama) -- Malaysia's international reserves stood at US$118.1 billion (US$1=RM4.50) as at Dec 13, 2024, compared to US$118.3 billion on Nov 30, 2024.
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Maybank’s Values-Driven Financial Services To Empower Region As Malaysia Assumes ASEAN Chairmanship
KUALA LUMPUR, Dec 20 (Bernama) -- The continuous strengthening of the ASEAN economy in the last decade showcased the true resilience of the region, coupled with promising economic prospects owing to its strategic location, diverse economies, and commitment to regional integration.
EMGA Obtains US$90 Mln Financing For Brazil-based Client From EIB
KUALA LUMPUR, Dec 20 (Bernama) -- Emerging Markets Global Advisory LLP (EMGA) has secured US$90 million in debt finance for its long-standing Brazil-based client, BTG Pactual, the largest investment bank in Latin America. (US$1=RM4.50)
Labuan IBFC Prepares For FATF Evaluation With Key Legislative Reforms
LABUAN, Dec 19 (Bernama) -- The passing of four bills under the Ministry of Finance aimed at regulating business activities in the Labuan International Business and Financial Centre (Labuan IBFC) is set to strengthen Malaysia’s standing ahead of the fourth Financial Action Task Force (FATF) evaluation in February 2025.
Financial Institutions Block RM302 Mln In Fraudulent, Suspicious Transactions Since Sept 2024 - Lim
KUALA LUMPUR, Dec 19 (Bernama) -- Financial institutions in the country have successfully blocked a total of RM302 million in fraudulent and suspicious transactions as of September 2024, said Deputy Finance Minister Lim Hui Ying.
288,000 EPF Members Register To Contribute Above The Statutory 11 Pct Employee Rate - Lim
KUALA LUMPUR, Dec 18 (Bernama) -- A total of 288,000 members of the Employees Provident Fund (EPF) have registered to contribute more than the statutory rate of 11 per cent for employee contributions as of October 2024.
5G Remains The Focus For Telco In 2024
By Anas Abu Hassan
KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia's telecommunications industry has seen quite an eventful year in 2024 as the country progresses toward deploying its second 5G network.
MOF: Low Instances Of Using Cryptocurrency In Money Laundering
KUALA LUMPUR, Dec 18 (Bernama) -- The Ministry of Finance (MoF) has found that instances of using cryptocurrency as a medium for money laundering in Malaysia are low.
Dewan Negara Passes Five Bills Related To Business Activities In Labuan
KUALA LUMPUR, Dec 18 (Bernama) -- The Dewan Negara has passed five bills under the Ministry of Finance related to business activities in Labuan, namely the Labuan Business Activity Tax (Amendment) (No.2) Bill 2024 and the Labuan Companies (Amendment) Bill 2024.
EPF Becomes Significant Unitholder In KIP REIT With Over 6 Pct Ownership
KUALA LUMPUR, Dec 6 (Bernama) -- The Employees Provident Fund (EPF) has become a substantial unitholder of KIP Real Estate Investment Trust (KIP REIT) following the successful conclusion of the group’s recent private placement.
NAMLIFA Urges BNM, MOF To Order Temporary Halt In Medical Premium Repricing
KUALA LUMPUR, Dec 6 (Bernama) -- The National Association of Malaysian Life Insurance and Financial Advisors (NAMLIFA) has strongly urged Bank Negara Malaysia (BNM) and the Ministry of Finance (MoF) to order a temporary halt in the medical premium repricing exercises.
BNM's International Reserves Rise To US$118.3 Bln As At Nov 29, 2024
KUALA LUMPUR, Dec 6 (Bernama) -- Malaysia's international reserves stood at US$118.3 billion (US$1=RM4.41) as at Nov 29, 2024, compared to US$118.0 billion on Nov 15, 2024.