Affin Bank's 2Q Net Profit Falls To RM127.52 Mln

KUALA LUMPUR, Aug 14 (Bernama) -- Affin Bank Bhd’s net profit fell by 11.1 per cent to RM127.52 million in the second quarter ended June 30, 2026 (2Q 2026) compared to RM143.48 million in 2Q 2025.

Maxis Appoints CEO Goh Seow Eng As Executive Director

KUALA LUMPUR, Aug 13 (Bernama) -- Maxis Bhd has announced the appointment of its chief executive officer (CEO) Goh Seow Eng to its board of directors effective today.

Singapore Entity Secures Green Financing For Johor Data Centre Campus

KUALA LUMPUR, Aug 13 (Bernama) -- ST Telemedia Global Data Centres (STT GDC) has secured a green financing facility of up to US$1.37 billion (RM5.6 billion) to support the development of its flagship Malaysian data centre campus in Johor.

Putrajaya Perdana Acquisition Approval Took Place While The Company Was Under Jho Low’s Control

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 11 (Bernama) – The entire approval process for Lembaga Tabung Haji’s (TH) purchase of a 30 per cent stake in Putrajaya Perdana Bhd in 2014 took place when the company was said to be under the control of Low Taek Jho, or Jho Low, through Utama Banking Group Bhd (UBG Bhd).

Singapore Raises 2026 GDP Growth Forecast To 4.5-5.5 Pct On Stronger Global AI Expenditure Outlook

By Anas Abu Hassan

SINGAPORE, Aug 11 (Bernama) -- The Ministry of Trade and Industry (MTI) has raised Singapore's 2026 gross domestic product (GDP) growth forecast to between 4.5 and 5.5 per cent, raising it from an earlier projection of 2.0-4.0 per cent.

Quarterly Performance Disclosure Could Boost Confidence In Tabung Haji

KUALA LUMPUR, Aug 10 (Bernama) -- Tabung Haji (TH) should announce its financial and investment performance on a quarterly basis -- as practised by the Employees Provident Fund (EPF) -- as a measure to strengthen transparency and boost depositor confidence.

Sia Expands Australia Presence With Seven Consulting Acquisition

KUALA LUMPUR, Aug 10 (Bernama) -- Sia, a global management consulting group, has expanded its international presence with the acquisition of Seven Consulting, an Australian management consulting firm.

Two Companies From Melaka Preparing For Bursa Malaysia Listing - Ab Rauf

MELAKA, Aug 8 (Bernama) – Two state government-linked companies in Melaka are preparing to be listed on Bursa Malaysia, said Melaka Chief Minister Datuk Seri Ab Rauf Yusoh.

Maybank Singapore Joins MAS ' BLOOM Initiative To Strengthen Cross-Border Payments

KUALA LUMPUR, Aug 6 (Bernama) -- Maybank Singapore Ltd today announced its participation in the Monetary Authority of Singapore's (MAS) borderless, liquid, open, online, multi-currency (BLOOM) initiative aimed at advancing next-generation, best-in-class cross-border payments and transaction banking infrastructure.

Digital Financial Crime Demands Smarter, Data-driven Compliance - Labuan FSA

LABUAN, Aug 4 (Bernama) -- Financial institutions must adopt more intelligent, data-driven and risk-based compliance systems as financial crimes become increasingly digital, interconnected and difficult to trace. 

Compliance A Strategic Advantage For Labuan IBFC, Not Business Constraint — Labuan FSA

LABUAN, Aug 4 (Bernama) -- Financial institutions in the Labuan International Business and Financial Centre (Labuan IBFC) must regard compliance as a strategic capability that strengthens competitiveness rather than merely a regulatory obligation.

Maybank Shares Slip 0.55 Pct After Announcing Maybank Ageas Acquisition

KUALA LUMPUR, Aug 4 (Bernama) -- Malayan Banking Bhd’s (Maybank) share price slid 0.55 per cent on Tuesday morning after announcing the acquisition of the remaining 30.95 per cent stake in Maybank Ageas Holdings Bhd yesterday.