Latest stories
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Bank Negara issues exposure draft on licensing and regulatory framework for DITOs
For many Malaysians, the ability to access insurance and takaful services can be a game-changer, providing financial security…
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Malaysian banks’ loan growth to stay at 5-6% in 2023 on economic stability, says S&P Global
Kuala Lumpur, 20 Nov 2022 – S&P Global Ratings expects Malaysian banks to grow their loan books by…
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Ambank Aids SMEs Via Strategic Partnership With PUMM
For the over 3,000 business owners who are members of Persatuan Usahawan Maju Malaysian (PUMM), a new partnership…
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Ringgit Falls to 4.5028, Lowest Since 1998 Crisis
Nearly a quarter-century of currency history ended Wednesday in Kuala Lumpur. The ringgit touched 4.5028 against the US…
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EcoWorld in end-financing tie-up with Public Bank
Eco World Development Group Bhd (EcoWorld) signed a memorandum of understanding with Public Bank Bhd on Sept 4,…
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EcoWorld, Public Bank Ink Green Property Financing Deal
Eco World Development Group Bhd (EcoWorld) signed a memorandum of understanding with Public Bank Bhd on Sept 4,…
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Asian markets show mixed moves as investors await key US jobs data
Across Asia, the financial decisions made in boardrooms and on trading floors are beginning to ripple into the…
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Asian markets mixed as US jobs data approaches
Asian stock markets were mixed ahead of U.S. jobs data that might influence Federal Reserve plans for more…
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Global Wheat Crisis Intensifies Amidst Rising Production Costs Worldwide
Global wheat markets are reacting sharply to the disruption of Black Sea exports, yet the farmers who could…
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Malaysia Finance Minister Demands Unorthodox Economic Reforms
Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Azizi recently stated that Malaysia’s economic reform agenda requires unorthodox…
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Economic reform needs unorthodox ideas
Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Azizi recently stated that Malaysia’s economic reform agenda requires unorthodox…
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World Bank lowers Malaysia GDP growth due to pandemic.
World Bank Adjusts Malaysia Economic Forecast Amid Pandemic Resurgence The World Bank has officially revised its economic growth…
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Malaysia’s International Reserves Reach $111 Billion in June 2021
Malaysia maintains a foreign reserve buffer that covers 8.5 months of retained imports and 1.2 times its short-term…
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Maybank IB Wins Six Top Industry Awards
Pandemic lockdowns and volatile capital markets did not stop Maybank Investment Bank from closing deals that judges at…
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IJM Corp Sells IJM Plantations 56% Stake to KLK for RM1.53B
Strategic Asset Divestiture Marks New Chapter for IJM Corp IJM Corp Bhd has finalized an agreement to sell…
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FDI rolling in despite lockdown
On June 10, 2021, despite the Malaysian government imposing varying degrees of restrictions due to the Covid-19 epidemic,…
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Malaysia’s Banks Remain Profitable Despite Pandemic Recession Says Moody’s
Kuala Lumpur, 22 May 2021 – In a sector report released on Friday, Moody’s Investors Service highlighted that…
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Asian Airlines Fly Empty Planes to Rescue Stranded Citizens
Airlines across Asia are now operating largely empty aircraft to repatriate citizens, a task driven by humanitarian need…
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Malaysians brace for economic and social impacts of lockdown
A Nationwide Order to Restrict Movement Begins Immediately On March 18, 2020, the Malaysian government implemented a strict…
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Heineken Expands Brazilian Brewery To Gain Market Share Ground
The Dutch brewer Heineken is moving forward with an 865 million reais investment at its Ponta Grossa facility…
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Analysts Question Malaysia Corporate Oversight Failures
KUALA LUMPUR — The money trail in Malaysia’s corporate scandals keeps circling back to one question: who is…
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Macau’s 15-Day Casino Shutdown Exposed Economic Fragility in 2020
A decision by the Macau government to halt commercial operations for fifteen days in February 2020 revealed the…
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Amazon blocks over 1 million price-gouged pandemic products
By March 3, Amazon’s internal enforcement system had taken action against more than one million product listings. The…
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Asian Equities Rebound After Emergency Central Bank Support Pledges
On March 2, 2020, equity markets across Asia recovered from early‑day losses following coordinated statements from the Bank…
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