25d ago
KUALA LUMPUR, Aug 26 (Bernama) -- Coventry has announced the successful completion of its fourth asset-backed securitisation since April 2025 under its LILY programme, bringing total life insurance-backed financing across the platform to US$1 billion. (US$1=RM4.03)
26d ago
KUALA LUMPUR, Aug 26 (Bernama) -- UOB Malaysia, RHB Banking Group (RHB) and Malayan Banking Bhd (Maybank) have successfully executed the first Malaysia Overnight Rate (MYOR)-based three-month interbank money market transaction, incorporating a two-day lookback calculation convention.
26d ago
KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, supported by a softer greenback and easing US Treasury yields, said an analyst.
27d ago
KUALA LUMPUR, 25 Aug (Bernama) -- It goes without saying the insurance sector played a vital role from Malaysia’s pre-independence era to the present day in providing financial protection to individuals, businesses, mobilising capital and act as a stabilising factor during economic crises.
27d ago
By Muhammad Fawwaz Thaqif Nor Afandi
SUNGAI BULOH, Aug 25 (Bernama) -- What started as a small venture selling Malaysian ice cream during the COVID-19 pandemic has grown into a thriving dessert business for Nur Sabrina Md Salleh.
27d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 25 (Bernama) – The upcoming monsoon season in December is expected to help mitigate the potential impact of a Super El Niño weather phenomenon on Malaysia’s palm oil production, said Malaysian Palm Oil Council (MPOC) chief executive officer Belvinder Sron.
27d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Aug 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Monday, weighed down by profit-taking and weaker crude oil prices.
27d ago
KUALA LUMPUR, Aug 24 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) net profit for the second quarter ended June 30, 2026 (2Q 2026) increased to RM103.58 million from RM83.89 million a year earlier, driven by contributions from all segments.
27d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 24 (Bernama) -- The ringgit ended lower against the greenback on Monday as the threat of an “economic D-Day” on Iran, policy risks ahead of the Jackson Hole symposium and continued instability in the US Treasury market spurred caution.
27d ago
By Karina Imran & Nabilah Saleh
KUALA LUMPUR, Aug 24 (Bernama) -- Khazanah Nasional Bhd has seen strong participation from venture capital players in SkyeChip Bhd’s growth and hopes more Malaysian start-ups will take similar steps to scale and tap funding opportunities under its Dana Impak programme.
27d ago
KUALA LUMPUR, Aug 24 (Bernama) -- Khazanah Nasional Bhd has deployed RM15 billion to date of its RM25 billion five-year domestic investment commitment under the Ministry of Finance’s GEAR-uP initiative.
27d ago
KUALA LUMPUR, Aug 24 (Bernama) -- Shape Memory Medical Inc, a California-based global medical device company, has closed a US$10 million convertible note financing led by new investor August Global Partners (AGP), joined by fellow new investor Taiwania Capital. (US$1=RM4.03)