Money

EPF records RM15.12b gross investment income for Q2 2020

by BERNAMA / pic by RAZAK GHAZALI
The Employees Provident Fund (EPF) recorded a gross investment income of RM15.12 billion for the second quarter (Q2) ...

Ringgit to hold steady on unchanged US rate

The ringgit could weaken slightly in the immediate term as the US economy become more constructive
by SHAHEERA AZNAM SHAH / pic by TMR FILE THE steady ...
TnG / amin

Malaysia expect to go full cashless by 2030

by S BIRRUNTHA / pic by MUHD AMIN NAHARUL
THE Covid-19 pandemic has seen the emergence of cashless, cautious and more conscientious consumers. The ...

Volatile oil market, FOMC meeting to weigh down on ringgit

Researcher foresees the local note strengthening against the greenback but being curtailed by the low crude oil prices
by SHAZNI ONG / graphic by ...

Moratorium: Bank Rakyat holds open days in 17 branches

by BERNAMA / pic by TMR FILE PIX
LANGKAWI – Bank Rakyat is holding open days at 17 branches nationwide, starting today, on Sept 19 and 26 to provide ...

BNM adopts balanced approach over admission of digital banks

by BERNAMA / pic by BLOOMBERG
BANK Negara Malaysia (BNM) has adopted a balanced approach to enable the admission of digital banks with strong value ...

Local lenders engaging 2m borrowers on loan repayment assistance

Please go to the bank immediately if you need the post-moratorium assistance, deputy finance minister says
graphic by DAYANG NORAZHAR LOCAL banks have ...

2m borrowers contacted by banks on loan extension – Finance Ministry

by BERNAMA / pic by BERNAMA
AS at Aug 28, 2020, some two million borrowers who may need help servicing their loans have been contacted by banks on the ...

Covid-19 to spur digital bank initiation

Application process for a digital banking licence is anticipated to start as early as next year
by NUR HANANI AZMAN / pic by BLOOMBERG THE initiation ...

Mixed views on further rate cut, says IHS Markit

by NUR HANANI AZMAN / pic by MUHD AMIN NAHARUL
THERE are mixed expectations whether Bank Negara Malaysia’s (BNM) Monetary Policy Committee will decide ...

Another OPR cut will hit banks’ earnings further

Banks’ earnings in 2H20 would depend on the prospect for OPR cuts as well as possible asset quality deterioration, says analyst
by ASILA JALIL / pic by ...

TH depositors need to ensure their account status stays active

by BERNAMA / pic by RAZAK GHAZALI
LEMBAGA Tabung Haji (TH) depositors who made no transactions for more than seven consecutive years since 2013 are ...