Luno, Halogen Capital, Kenanga Investors In Tie-up To Explore Ringgit-Pegged Stablecoin

KUALA LUMPUR, Sept 24 (Bernama) -- Luno Malaysia Sdn Bhd has formed a strategic collaboration with Halogen Capital Sdn Bhd and Kenanga Investors Bhd to explore the use of a fully reserved, ringgit-pegged stablecoin (UMYR) as an on-chain settlement instrument for tokenised money market funds.

Financing For Priority Sectors Still Modest Despite Policy Ambitions -- BNM Governor

KUALA LUMPUR, Sept 24 (Bernama) -- Financing for catalytic priority sectors has remained relatively modest despite strong policy ambitions in national master plans, with lending approvals continuing to be concentrated in services, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

Bursa Malaysia Key Index Rebounds To End Slightly Higher At Midday

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia’s key index rebounded to end the morning trading session slightly higher, supported by buying interest in selected heavyweights, led by transportation and logistics, industrial products and healthcare counters.

Kaplan Professional Taps Melissa Chan To Lead Asia Business Development

KUALA LUMPUR, Sept 24 (Bernama) -- Kaplan Professional has appointed experienced education and digital learning executive, Melissa Chan as Head of Business Development, Asia, strengthening its presence in Singapore and across Asia.

Singapore Says Financial System Remains Resilient, Has Adequate Buffers Amid Global Uncertainty

By Anas Abu Hassan

SINGAPORE, Sept 22 (Bernama) -- Singapore’s financial conditions have been broadly supportive despite a mixed global backdrop, supported by easing borrowing costs, tighter credit spreads and a pickup in bank credit growth, according to the Monetary Authority of Singapore (MAS).

Bursa Malaysia Stays Firmer At Midday

KUALA LUMPUR, Sept 22 (Bernama) -- Bursa Malaysia remained in positive territory at midday, supported by buying interest in selected heavyweight counters, led by banking and healthcare stocks.

Bursa Malaysia Higher At Mid-Morning, Boosted By Selected Heavyweights

KUALA LUMPUR, Sept 22 (Bernama) -- Bursa Malaysia was higher at mid-morning, supported by gains in selected heavyweight counters, led by healthcare and banking stocks.

Bursa Malaysia Opens Higher On Bargain Hunting, Retreats Thereafter

KUALA LUMPUR, Sept 22 (Bernama) -- Bursa Malaysia opened higher on Tuesday but retreated thereafter,  supported by bargain hunting as easing tensions in West Asia helped lift sentiment and pushed Brent crude oil prices lower.

Bursa Malaysia’s Key Index Rebounds 0.31 Pct At Midday

KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia’s key index rebounded to close the morning session 0.31 per cent higher, paring earlier losses on persistent buying in heavyweights, particularly banking stocks.

Malaysia’s OPR Could Rise By 25 Bps In 2027 - MBSB Research

KUALA LUMPUR, Sept 18 (Bernama) -- Malaysia’s overnight policy rate (OPR) could rise by 25 basis points (bps) in 2027 amid expectations of further increases in global interest rates, according to MBSB Research.

Sabah Energy Corp Completes Maiden RM350 Mln Sukuk Issuance

KUALA LUMPUR, Sept 17 (Bernama) -- Sabah Energy Corporation Sdn Bhd (SEC) has completed its maiden sukuk issuance of RM350.0 million under its RM3.0 billion Sukuk Wakalah Programme.

BSN Expands Business Banking Access For Micro Entrepreneurs, Hawkers

KUALA LUMPUR, Sept 17 (Bernama) -- Bank Simpanan Nasional (BSN) has launched BSN BizGrow and BSN BizGrow+ to expand further business banking access for Malaysia’s micro entrepreneurs, including hawkers.