Kuala Lumpur: Banking system deposits grew at a slower pace of three per cent in the second half of 2024 (2H 2024), driven by the slower growth of deposits from resident businesses, partly due to higher costs and debt repayment.
According to BERNAM…
Kuala Lumpur: Bursa Malaysia closed in negative territory today, erasing earlier gains as late selling pressure weighed on the market, while investors remained cautious ahead of upcoming tariff announcements by United States (US) President Donald Trum…
Kuala Lumpur: Financial losses from operational risks reported by financial institutions continued to be small in the second half of 2024 (2H 2024), accounting for only 0.03 per cent of total banking system capital compared to 0.05 per cent in the fir…
Johor Bahru: Flood-affected entrepreneurs in Johor can reach out to 12 agencies to seek assistance and initiatives to ease their burden. State Youth, Sports, Entrepreneur Development and Cooperatives Committee chairman Mohd Hairi Mad Shah said his off…
Kuala Lumpur: Buy Now, Pay Later (BNPL) activity has seen swift growth, yet its overall impact on household debt remains limited, with an outstanding BNPL debt of RM2.8 billion, equating to just 0.2% of total household debt as of December 2024.
Acco…
Kuala Lumpur: The Malaysian rubber market closed higher on Monday, driven by an upward momentum in regional rubber markets, said a dealer. She noted that the increase was supported by a weaker ringgit against the United States (US) dollar and a positi…