KUALA LUMPUR, Bank Negara Malaysia (BNM) had imposed an Administrative Monetary Penalty (AMP) of RM660,000 on Bank Pertanian Malaysia Berhad (Agrobank) for non-compliance with the Development Financial Institutions Act 2002 (DFIA).
In a statement to…
KUALA LUMPUR, Malaysia aims to complete its Artificial Intelligence (AI) Technology Action Plan within the next 12 months, Prime Minister Datuk Seri Anwar Ibrahim said today.
He said this was one of several key technology-related goals targeted for …
KUALA LUMPUR, The Credit Counselling and Debt Management Agency (AKPK) reports that 53,000 individuals under 30 are burdened by nearly RM1.9 billion in cumulative debt.
Finance Minister II Datuk Seri Amir Hamzah Azizan said AKPK also found that 28
PUTRAJAYA, The government is committed to intensifying efforts to eradicate hardcore poverty in line with the nation’s healthy economic performance, said Economy Minister Rafizi Ramli.
He said that the government would ensure no one is left behind, …
KUALA LUMPUR, Amanah Saham Nasional Bhd (ASNB) has declared a total income distribution of RM837.89 million for Amanah Saham Malaysia 3 (ASM 3), benefitting 650,487 unitholders who currently own 17.64 billion units for the financial year ended Sept 3…
KUALA LUMPUR, BMI, a Fitch Solutions company, has maintained its forecast for Malaysia’s federal government budget deficit to narrow from 5.0 per cent of gross domestic product (GDP) in 2023 to 4.3 per cent in 2024, and further to
KUALA LUMPUR, Foreign investors turned net sellers of equities on Bursa Malaysia last week as they took profit after six straight weeks of net buying, according to MIDF Amanah Investment Bank Bhd (MIDF).
In its fund flow report for
KUALA LUMPUR, International express services provider DHL Express today announced an average price increase of 6.9 per cent for 2025, effective from Jan 1.
DHL Express Malaysia and Brunei managing director Julian Neo said the company remains committ…
JAKARTA, The Federal Land Development Authority (Felda) is poised to connect Malaysian companies, particularly its business units, with firms in the Indonesian Chamber of Entrepreneurs (KEIND) to explore new opportunities in both countries and intern…
PHNOM PENH, Malaysia-owned MCLS Synergy Co. Ltd is aspiring to expand its share in Cambodia’s growing green transportation system with its Thada brand electric motorcycles.
As Cambodia’s capital city embraces eco-friendly goals, the demand for green…