17d ago
KUALA LUMPUR, Aug 27 (Bernama) -- Petronas Dagangan Bhd’s subsidiary, Setel Ventures Sdn Bhd (Setel), has implemented the necessary remediation measures to address gaps identified in regulatory findings by Bank Negara Malaysia (BNM), while further strengthening its internal processes and controls.
18d ago
KUALA LUMPUR, Aug 26 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties on Setel Ventures Sdn Bhd, Standard Chartered Bank Malaysia Bhd, and Standard Chartered Saadiq Bhd for failure to comply with targeted financial sanctions (TFS) requirements.
27d ago
KUALA LUMPUR, Aug 18 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Malaysia’s inflation to remain contained through the second half (2H) of 2026, with continued BUDI95 and BUDI Diesel subsidy support cushioning inflationary pressure from elevated global commodity prices.
27d ago
KUALA LUMPUR, Aug 17 (Bernama) -- Perbadanan Insurans Deposit Malaysia (PIDM) has appointed Afiza Abdullah as its chief executive officer (CEO) for a three-year term, effective Aug 28, 2026, succeeding Rafiz Azuan Abdullah, who has led the organisation for nine years.
28d ago
KUALA LUMPUR, Aug 17 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has retained its ringgit forecast of RM3.95 to the US dollar by year-end, underpinned by resilient growth, a sustained current account (CA) surplus and record foreign-currency deposits.
28d ago
KUALA LUMPUR, Aug 17 (Bernama) -- Malaysia’s stronger-than-expected second quarter (2Q) economic growth has prompted Public Investment Bank Bhd (PublicInvest) to raise its 2026 gross domestic product (GDP) forecast to 5.4 per cent year-on-year (y-o-y) from 4.6 per cent.
30d ago
By Mohd Fharkhan Abdul Ghapar dan Nor Azeera Adam
KUALA LUMPUR, Aug 15 (Bernama) -- The ability of national institutions to continue functioning professionally and the consistency of policies have become key strengths for Malaysia in maintaining economic resilience and investor confidence, despite the dynamic domestic political environment.
30d ago
By Karina Imran & Danni Haizal Danial Donald
KUALA LUMPUR, Aug 15 (Bernama) -- Bank Negara Malaysia (BNM) emphasised that the advice it provided to the Lembaga Tabung Haji (TH) was part of its financial stability mandate under the Central Bank of Malaysia Act 2009.
30d ago
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.
30d ago
KUALA LUMPUR, Aug 14 (Bernama) -- Bank Negara Malaysia (BNM) will review the latest macroeconomic developments ahead of its upcoming Monetary Policy Committee (MPC) meeting in two weeks before deciding its appropriate monetary policy stance.
30d ago
KUALA LUMPUR, Aug 14 9 (Bernama) -- Malaysia’s policy consistency and stronger economic fundamentals continue to support investor confidence, even amid concerns over the domestic political environment, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
30d ago
KUALA LUMPUR, Aug 14 (Bernama) -- Bank Negara Malaysia (BNM) said that there is no need to revise Malaysia’s 2026 gross domestic product (GDP) growth forecast at this juncture, remaining confident that growth will likely settle around five per cent.