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Bank Negara Malaysia (BNM) has organised several engagement sessions with various stakeholders since March 20 in conjunction with the release of its key reports recently.  They were the Annual Report 2023,  Economic and Monetary Review 2023 and Financial Stability Review for the Second Half of 2023. The central bank said among the important issues discussedRead more

Malaysian consul-general in Hong Kong Muzambli Markam says Malaysian companies are similarly keen to do business in Hong Kong. Malaysian consul-general in Hong Kong Muzambli Markam said Malaysian businesses were well aware of the need for the national security law. Hong Kong companies are looking at Malaysia as “a go-to place” for artificial intelligence (AI)Read more

PETALING JAYA: Malayan Banking Bhd (Maybank) remains positive about its outlook for 2024, guided by its M25+ corporate strategy. The M25+ strategy involves adopting Agile@Scale, different methods to enhance collaborations while looking at ways to differentiate its solutions and propositions for customers. In its annual report, president and group chief executive officer Datuk Khairussaleh Ramli said effortsRead more

Chinese companies should consider manufacturing electrical appliances in Malaysia and take advantage of its strategic position in Southeast Asia to penetrate the larger regional market. This would be a win-win proposition as both countries are strong trading partners, said Tan Kok Wai, Malaysia’s former Special Envoy to China. His call came as 10 major producers of electric rice cookers, electric kettles andRead more

 Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 3.00 per cent throughout 2024. UOB Global Economics and Market Research expects OPR to stay unchanged at 3.00 per cent through this year, given the balance of risks to growth and inflation. The firm added that this is also pending theRead more

Bank Negara’s report showed Malaysian banks had remained buoyant and will continue to be financially firm. PETALING JAYA: Analysts and fund managers are maintaining their outlook that the domestic banking sector will remain sturdy, following the release of the Financial Stability Review – Second Half 2023 (FSR2H23) on Wednesday. The report, published by Bank Negara,Read more

KUALA LUMPUR: Malaysian workers with skills and expertise in artificial intelligence (AI), information technology (IT) and research and development (R&D) could have considerable growth in salary. Those in AI can enjoy salary increases of over 40 per cent, with those in the field of IT having the opportunity for a 53 per cent increase, whileRead more

Following last week’s by-all-accounts successful Australia-ASEAN summit in Melbourne, I offered some unsolicited advice for an ASEAN audience, on the differences between non-alignment and neutrality. In the same presumptuous vein, my recommendation to Australian readers is always to keep in mind the distinction between ASEAN and Southeast Asia. Southeast Asia is a geographical term for the sub-region bordered byRead more

KUALA LUMPUR: Malaysia has been ranked as the country with the best overall investment condition among Asia’s emerging and developing (E&D) nations in US economic think tank Milken Institute’s Global Opportunity Index (GOI) 2024. Globally, Malaysia has an overall ranking of 27, ahead of Thailand (37) and China (39). Commenting on the achievement, Investment, TradeRead more

Kedah state Housing, Local Government and Health Committee chairman Major (Rtd) Mansor Zakaria said the Kedah government is open to any private entities who are interested to set up an international standard specialist hospital in Langkawi. ALOR SETAR (March 7): The Kedah government is open to any private entities, from within or outside the country,Read more