News & Update
Submit Press ReleaseLegally Speaking – Islamic finance in Malaysia
MALAYSIA’S Islamic finance industry is growing steadily despite the calamities caused by Covid-19 outbreak in 2020. The data in the Economic Outlook 2021 report published by the Finance Ministry (MoF)...
Growing pressure on insurers to cover Covid-19 treatment at private hospitals
WITH the number of Covid-19 cases rising, a pressing issue that is being hotly debated is whether insurance companies should be made to bear the cost for infected policyholders who...
SC, Bursa advise investors to be cautious of social media influence after Gamestop frenzy
KUALA LUMPUR (Jan 29): The Securities Commission Malaysia (SC) and Bursa Malaysia said they are closely monitoring the local stock market in light of the current price surge of selected...
Licensed by Securities Commission, new app Versa offers Malaysians another way to grow their cashpile
KUALA LUMPUR, Jan 28 — A new mobile application called Versa launched its platform today, offering Malaysians an alternative to fixed deposits that allows them to grow any idle cash...
KPower collaborates with Public Islamic Bank to finance and install solar PV systems
KUALA LUMPUR (Jan 27): KPower Engineering Sdn Bhd (KPEng), a wholly-owned subsidiary of KPower Bhd, has entered into a memorandum of agreement (MOA) today with Public Islamic Bank Bhd (PIBB)...
BNM OPR cut seen as MCO drives Malaysian GDP slippage risk — UOB
KUALA LUMPUR (Jan 26): Bank Negara Malaysia (BNM) may cut the overnight policy rate (OPR) one more time to support the country's economic growth should the reenforcement of Malaysia's Movement...
Covid-19: Insurance players in talks with MoH, BNM on easing patients' expenses
KUALA LUMPUR (Jan 17): The insurance industry is currently in talks with the Ministry of Health (MoH) and Bank Negara Malaysia (BNM) to explore ways insurers and takaful operators can...
Cautious trading on Bursa expected ahead of OPR announcement next week
KUALA LUMPUR (Jan 16): Trading on Bursa Malaysia is expected to be cautious ahead of Bank Negara Malaysia's (BNM) Overnight Policy Rate (OPR) announcement on Wednesday. Bank Islam Malaysia Bhd...
BNM expected to cut OPR to new low of 1.5% — DBS Group Research
KUALA LUMPUR (Jan 15): DBS Group Research is predicting Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 25 basis points (bps), which would bring the...
BNM issued warning letters to nine illegal money services business operators
KUALA LUMPUR (Jan 14): Bank Negara Malaysia (BNM) issued warning letters to nine entities for conducting illegal money services business between September and November last year. The list comprises Sepakat Network,...
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