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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
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](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-08/41724933837_EMIR.jpg)
[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
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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
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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
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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
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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
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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
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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](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-04/41651036319_Dollar.jpg)
[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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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