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CIMB Niaga Joins Bank Indonesia’s Launch Of KKI Credit Card For QRIS Payments

JAKARTA, Aug 17 (Bernama) -- CIMB Niaga is among eight payment service providers participating in Bank Indonesia’s (BI) newly launched Indonesian Credit Card (KKI), which offers individuals and businesses a new credit payment option for transactions through the country’s Quick Response Code Indonesian Standard (QRIS) payment system.

IDFC FIRST Bank Receives Inaugural Investment-Grade Ratings From S&P

KUALA LUMPUR, Aug 17 (Bernama) -- IDFC FIRST Bank, one of India's fast-growing private banks, has received its inaugural international investment-grade issuer credit ratings from S&P Global Ratings, with a ‘BBB-’ long-term rating and ‘A-3’ short-term rating, both with a stable outlook.

Bursa Malaysia Opens Lower On Profit-Taking

KUALA LUMPUR, Aug 17 (Bernama) -- Bursa Malaysia opened lower on Monday as profit-taking emerged following a decent run-up in previous sessions.

Is Malaysia Really Ready For Battery EV Transition?

By Niam Seet Wei

KUALA LUMPUR, Aug 16 (Bernama) -- A year ago, during my Wolfson Press Fellowship at the University of Cambridge in the United Kingdom, I was grappling with a question I was not entirely sure I wanted to answer.

Investment Banks Maintain Positive 2026 GDP Growth Forecasts Of 4.8-5.4 Pct

KUALA LUMPUR, Aug 14 (Bernama) -- Investment banks remained positive on Malaysia’s economic growth outlook for 2026, forecasting gross domestic product (GDP) growth of between 4.8 and 5.4 per cent.

Economists Upbeat On Malaysia’s 2026 Outlook After 6.0 Pct 2Q GDP Growth

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 14 (Bernama) -- Economists have raised their growth expectations for Malaysia’s economy in 2026 following the stronger-than-expected gross domestic product (GDP) performance in the second quarter (2Q) of 2026.

Bursa Malaysia Ends Lower, Selected Sectors Gain After 6 Pct 2Q GDP Growth

KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia closed lower on Friday, even as utilities, healthcare, and financial services sectors saw increased buying interest following the release of Malaysia’s second-quarter (2Q) gross domestic product (GDP) data.

Pulau Jerejak Can Become Financial Hub To Complement High-Tech Sector - Sim

GEORGE TOWN, Aug 14 (Bernama) -- Pulau Jerejak has the potential to be developed as a financial hub to complement the semiconductor and high-tech sector in Bayan Lepas.

Bursa Malaysia Lower In Early Trade

KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia opened higher on Friday but soon retreated, with profit-taking seen in industrial products and construction counters, despite Wall Street’s ending higher overnight.

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.

Bursa Malaysia Ends Lower As Selling Pressure In Oil-related Counters Weighs

KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia ended on a softer note on Thursday, as selling pressure in oil-related counters weighed on the benchmark index following the rally in the previous session, an analyst said.