KUALA LUMPUR, Malaysia’s positive economic momentum is expected to be sustained in the coming months as the Leading Index (LI) grew at 5.2 per cent year-on-year (y-o-y) in July 2024.
The LI is a predictive tool used to anticipate economic upturns an…
PUTRAJAYA, The government views third sector organisations in Islamic finance, including zakat (tithe), waqf, and infaq institutions, as having a significant role in ensuring sustainable and equitable economic development in the country, said Deputy …
KUALA LUMPUR, A softer economic downturn and interest rate cuts could create favourable conditions for investing in preferred securities, particularly in electric utilities and regional banks, according to Manulife Investment Management (M) Bhd.
Por…
SHAH ALAM, The 13th Malaysia Plan (13MP) will focus on collaborative efforts between states and federal governments to bridge the socio-economic and development gaps according to states and regions, said the Minister of Economy Rafizi Ramli.
He said…
KUALA LUMPUR, CIMB Bank Bhd and CIMB Islamic Bank Bhd (CIMB Bank) have partnered with Credit Guarantee Corporation Malaysia Bhd (CGC) to offer an additional RM1.5 billion in financing through a portfolio guarantee scheme for small and medium-sized en…
BATU PAHAT, The government takes into careful consideration every application for infrastructure development funding in budget planning and policy implementation, said Deputy Finance Minister Lim Hui Ying.
She said this is in line with the governmen…
Naypyidaw: Myanmar has, for the first time, acknowledged that nearly 309,000 Rohingya refugees in Bangladesh as former residents of Rakhine state, saying they would be allowed to return once security