Money

Malaysia’s position in the fintech race

Money | News
Fintech players say the country is leading in certain areas but lagging in others
by NG MIN SHEN / pic by TMR FILE THE financial technology (fintech) ...

Ringgit hits 3-month high on dovish Fed

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The Fed cutting the key lending rate by 50bps will possibly open a path towards the RM4.09 support level
by MARK RAO / pic by BLOOMBERG THE ringgit ...

AmBank first local bank to launch credit card collaboration with UnionPay

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By TMR / Pic By ARIF KARTONO
AMBANK (M) Bhd, which operates one of the larger retail banking networks in Malaysia, and UnionPay, a leading global ...

BNM keeps OPR at 3%, external headwinds weigh on growth prospects

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The central bank is taking a cautious approach in an uncertain global economic environment
by NG MIN SHEN / pic by BERNAMA BANK Negara Malaysia (BNM) ...

MIDF keeps mum on Al Rajhi merger talks

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BNM has given an extension, up to June 27, to conclude negotiations and tomorrow will mark exactly 2 weeks since the deadline
by MARK RAO / pic by ...

Central bank’s May OPR cut provides boost to retail lending, says deputy minister

Money

pic by TMR BANK Negara Malaysia’s (BNM) decision to cut the Overnight Policy Rate (OPR) by 25 basis points (bps) to 3% in May has led to a spike in ...

More opportunities after retirement, says KWAP

Money
by NUR HAZIQAH A MALEK/ pic by TMR File
THE global phenomenon of an ageing society can be a double-edged sword. Retirement Fund Inc (KWAP) CEO Syed ...

Interest in cryptocurrency increases following regulator’s approval

Money
Three DAXs have obtained conditional approval from the SC and given 9 months to fully comply with the SC’s requirement to operate in the country
by ...

A year in the hot money seat

Money | News
With so much power and responsibility, it’s only natural that all eyes are constantly on the head of Malaysia’s central bank
by NG MIN SHEN/ pic by ...

SC warns of unauthorised ICO activities as complaints spike

Money
by SHAZNI ONG/ pic by BLOOMBERG
THE Securities Commission Malaysia (SC) has warned the public not to engage with any individuals who are offering ...

Cautious 2H outlook on local lenders amid growing downside risk

Money
The sector quickly lost steam in 1H19 on BNM’s OPR cut, news on FTSE Russell and the continuing global trade tensions
by NG MIN SHEN/ pic by TMR ...

Fund managers see RM32b loss as investment values drop

Money
AUM falls 4.2% YoY as investors withdraw money for lower risk assets
by SHAZNI ONG/ pic by TMR File THE fund management industry saw a loss of RM32.6 ...