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Father of Malaysian Islamic banking, Abdul Halim Ismail passes away

Father of Malaysian Islamic banking, Abdul Halim Ismail passes away

His dedication and pioneering spirit played an important role in shaping the journey of Bank Islam as well as leaving a lasting impact on the development of Malaysia's Islamic finance industry.
Sun Oct 20 2024
Pantau Belanjawan: Banking solutions: Bridging the financial divide for MSMEs

Pantau Belanjawan: Banking solutions: Bridging the financial divide for MSMEs

As we’ve seen, MSMEs are the backbone of our economy, and their success is crucial for economic stability and growth. Pantau Belanjawan will delve into the complexities of lending to MSMEs, the varying risk appetites of banks, and the critical need for supportive policies and systems. The key questions we must continue to address are how can we develop innovative solutions that bridge the financial gap and support the growth of MSMEs? Full discussion with Partner AC Ventures.
Tue Oct 01 2024
[COLUMNIST] BRICS' currency dilemma: A necessary quality leap beyond the dollar

[COLUMNIST] BRICS' currency dilemma: A necessary quality leap beyond the dollar

It is important to note that earlier MCC-based systems were often undermined by those in control of existing international banking system.
Mon Sep 16 2024
No need to panic about increase in cyber attacks - Teo

No need to panic about increase in cyber attacks - Teo

The Cyber Security Bill aims to defend critical infrastructure, including data centres, hospitals, banking and communication systems.
Mon Apr 01 2024
1MDB: Banking documents received by MACC not given to defence team as they were not relevant to the case - Court told

1MDB: Banking documents received by MACC not given to defence team as they were not relevant to the case - Court told

Nur Aida Arifin said the documents were received from Hong Kong and Switzerland via Mutual Legal Assistance to help investigate 1MDB case.
Mon Feb 19 2024
Vircle receives venture capital injection in its mission to financially empower school children nationwide

Vircle receives venture capital injection in its mission to financially empower school children nationwide

Vircle aims to reshape financial education and banking for children through its app.
Tue Oct 31 2023
Jho Low opened company account three months before receiving 1MDB's US$700 mln

Jho Low opened company account three months before receiving 1MDB's US$700 mln

The 47th prosecution witness said according to the banking records, 1MDB instructed Deutsche Malaysia to make this transfer (US$700 mln).
Wed Aug 30 2023
Astro secures RM400 mil term loan facility from SMBC

Astro secures RM400 mil term loan facility from SMBC

The term loan is available for multiple drawdowns and the first drawdown shall be made within 3 months from the date of the Facility Agreement.
Mon Aug 14 2023
PTPTN loan repayment discount initiative on offer until May 31

PTPTN loan repayment discount initiative on offer until May 31

PTPTN has provided various channels for borrowers to make repayments including online through the myPTPTN application and internet banking.
Fri May 26 2023
[COLUMNIST] Exploring an alternative payment settlements system

[COLUMNIST] Exploring an alternative payment settlements system

The Asean version combines the best of both worlds, i.e., both SWIFT and TARGET2.
Thu Apr 13 2023
Tengku Zafrul: ASEAN, China must cooperate to mitigate risks, unlock economic gains

Tengku Zafrul: ASEAN, China must cooperate to mitigate risks, unlock economic gains

Tengku Zafrul said the risks included "a slowdown in China's economic growth and the contagion risk of potential global banking".
Wed Mar 29 2023
Malaysian banks remain resilient, Credit Suisse incident unlikely to happen here - BNM Governor

Malaysian banks remain resilient, Credit Suisse incident unlikely to happen here - BNM Governor

Nor Shamsiah said the banking sector maintains healthy levels of capital and liquidity buffers.
Wed Mar 29 2023
Malaysia's banking system remained well-capitalised in 2H22 - BNM

Malaysia's banking system remained well-capitalised in 2H22 - BNM

The report said returns on assets and equity of the banking system correspondingly improved to 1.4 per cent and 12.4 per cent respectively.
Wed Mar 29 2023
US stocks plummet 1.6 per cent after Fed shakes markets with another rate hike

US stocks plummet 1.6 per cent after Fed shakes markets with another rate hike

The Fed raised its benchmark interest rate by another 25 basis points despite a banking crisis causing turmoil in the US financial sector.
Thu Mar 23 2023
Asian shares subdued after Fed hints at rate pause

Asian shares subdued after Fed hints at rate pause

Asian shares inched higher after the Fed Reserve hinted it could pause interest rate hikes following turmoil in the banking sector.
Thu Mar 23 2023
Lebanese search for dead in devastated villages as Israel withdraws

Lebanese search for dead in devastated villages as Israel withdraws

Hezbollah says Israel was still occupying Lebanese territory and put the onus on the Lebanese state to get Israeli forces out.
Thu Feb 20 2025
China promises Latin America 'trustworthy' ties as Trump lays out demands

China promises Latin America 'trustworthy' ties as Trump lays out demands

Beijing looks to improve its foothold in a region historically under the US sphere of influence.
Thu Feb 20 2025
Major risks loom as Trump upends US Russia policy

Major risks loom as Trump upends US Russia policy

Washington's approach changes dramatically with the initial meeting between US and Russian negotiators.
Thu Feb 20 2025
Pope Francis has double pneumonia, complicating his treatment, Vatican says

Pope Francis has double pneumonia, complicating his treatment, Vatican says

Doctors say a polymicrobial infection occurs when two or more micro-organisms are involved and can be caused by bacteria, viruses, or fungi.
Thu Feb 20 2025
Philippines' VP Duterte challenges impeachment before Supreme Court

Philippines' VP Duterte challenges impeachment before Supreme Court

Sara Duterte makes her first legal move to fight the case that could lead to her removal and lead to a lifetime ban from public office.
Wed Feb 19 2025
Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

I feel so full of life, so much energy, because everything's new and I'm just focused on what is up ahead, Hamilton says.
Wed Feb 19 2025
UAE tells US' Rubio it rejects displacement of Palestinians

UAE tells US' Rubio it rejects displacement of Palestinians

The UAE's stance matters as its one of four Arab nations that normalised ties with Israel during Trumps first term.
Wed Feb 19 2025
Taylor Swift wins recording artist of the year crown for fifth time

Taylor Swift wins recording artist of the year crown for fifth time

The megastar's "The Tortured Poets Department" record also topped four IFPI charts, the IFPI says.
Wed Feb 19 2025
More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

Years of rebuilding work, including clearing unexploded ordinance and millions of tonnes of rubble lie ahead.
Wed Feb 19 2025
Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Liew Chin Tong says the restrictions would not affect the development of the domestic data centre ecosystem as a whole.
Wed Feb 19 2025