Money

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

Money | News
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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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