Money

BNM’s decision to maintain OPR provides relief to local banks’ NIM and ringgit

The stance of monetary policy remains accommodative and supportive of economic activity
by SULHI KHALID/ pic by MUHD AMIN NAHARUL BANK Negara Malaysia ...

Local banks must reinvent themselves or risk becoming irrelevant

Approximately two-thirds of banks in Malaysia are finding it challenging to generate sufficient returns above the cost of equity
By MARK RAO / Pic By ...

Forex market awaits BNM’s rate decision

The ringgit made significant ground against the greenback last Friday, appreciating 0.5% to trade as low as 4.1638 against the week prior
by MARK RAO/ ...

E-wallet players to consolidate by early next year

Consolidation is important in order to drive the growth of the industry since the cost of running an e-wallet service is relatively high
by S ...

TNG Digital plans financial products

by AZREEN HANI/ pic by HUSSEIN SHAHARUDDIN
TNG Digital Sdn Bhd, the firm that manages the Touch ‘n Go eWallet, is expected to move beyond facilitating ...

Halal robo-advisor Wahed debuts in Malaysia

Investors can manage their funds in different portfolios, which are reviewed every 3 months, on a single online application platform
by AFIQ AZIZ WAHED ...

The best e-wallets in Malaysia, as ranked by users

These days, one can pay for just about anything with e-wallets, including groceries, clothes, flight tickets, gadgets and others
by S BIRRUNTHA/ pic ...

Less than 18% of BNM’s RM1b affordable homes fund utilised

Houses in Malaysia are considered as ‘seriously unaffordable’ by international standards
by FARA AISYAH/ pic by MUHD AMIN NAHARUL BANK Negara Malaysia ...

Son gifted RM15.9b by parents wants to avoid rich lists

by BLOOMBERG/ pic by BLOOMBERG
HONG KONG • Sino Biopharmaceutical Ltd’s billionaire founder and his wife are transferring about one-fifth of the ...

Tackling income disparities in Malaysia

Only 0.2% of the total 22m adults living in the country are in the over US$1m wealth band
by MARK RAO/ pic by BERNAMA THE disparity in income being ...

Two more robo-advisors to enter Malaysia in 2020

Robo-advisors are a class of financial advisor that provides financial advice or investment management
by AFIQ AZIZ MALAYSIA is expected to house two ...

Less than 1% of M’sians in US$1m wealth bracket

However, total wealth in the country grows 14% YoY to US$682b
by MARK RAO/ pic by TMR FILE ONLY 0.2% of adult Malaysians were categorised in the over ...