7d ago
KUALA LUMPUR, June 10 (Bernama) -- Insured losses from damage caused by a recent 7.8-magnitude earthquake in the Mindanao region are expected to be limited and account for only a small fraction of total economic losses due to the catastrophe protection gap in the Philippines.
14d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, June 3 (Bernama) -- Malaysia’s energy industry players should focus on developing more bankable projects with attractive and sustainable returns to strengthen the country's energy transition financing landscape and attract greater investor participation.
1m ago
KUALA LUMPUR, May 3 (Bernama) -- The Asian Development Bank (ADB) today launched a new financing facility to help countries in Asia and the Pacific develop critical minerals supply chains needed for clean energy, batteries, electric vehicles, and digital technology.
1m ago
KUALA LUMPUR, April 21 (Bernama) -- The government’s combined RM10 billion support for micro, small and medium enterprises (MSMEs) is expected to strengthen their resilience against the impact of the West Asia crisis, says an economist.
2m ago
KUALA LUMPUR, April 8 (Bernama) -- Malaysia’s Islamic banking industry remains resilient, supported by strong capital and liquidity positions, amid uncertainties in West Asia, said the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM).
2m ago
KUALA LUMPUR, March 31 (Bernama) -- Bank Negara Malaysia (BNM) is focusing on strengthening value-based intermediation (VBI) capabilities including in sustainability and climate agenda in Islamic financial system this year.
2m ago
By Karina Imran
KUALA LUMPUR, March 23 (Bernama) -- Intense demand coupled with the wider acceptance of shariah-compliant financial products will continue expanding Islamic banking in Malaysia despite stiff competition from the conventional sector, an economist said today.
4m ago
KUALA LUMPUR, Jan 29 (Bernama) -- Malaysia has to move fast to translate innovation into enterprise adoption, productivity gains and national competitiveness due to a growing pool of technology startups and rising digital readiness.
5m ago
KUALA LUMPUR, Jan 13 (Bernama) -- The investment required for the Organisation of Islamic Cooperation (OIC) countries to pursue low-carbon strategies averages 1.4 per cent of gross domestic product (GDP) and rises to over 5.0 per cent for low-income members, Bank Negara Malaysia (BNM) Deputy Governor Adnan Zaylani Mohamad Zahid said today.
7m ago
KUALA LUMPUR, Oct 28 (Bernama) -- Export Finance Australia (EFA) and Export-Import Bank of Malaysia Bhd (EXIM Bank Malaysia) have signed a memorandum of understanding (MoU) to deepen cooperation and unlock new opportunities for investment across Southeast Asia.
8m ago
KUALA LUMPUR, Oct 13 (Bernama) -- Bank Negara Malaysia (BNM) will adopt the Malaysian Islamic Overnight Rate (MYOR-i) as the mandatory reference rate for all Islamic financial products beginning July 1, 2027, marking a major structural reform in the country’s Islamic finance landscape.
8m ago
KUALA LUMPUR, Oct 12 (Bernama) -- Transformational shifts, driven by strong leadership, can redefine and elevate the role of Islamic finance, and shape a more inclusive and sustainable financial system, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.