Malaysia Banking Industry Newswire

Union of Arab Banks to launch project for restructuring Syrian banking sector with European partnership

Damascus, SANA- Dr. Wissam Fattouh, Secretary General of the Union of Arab Banks, announced Sunday the union’s intention to launch a project to restructure the Syrian banking sector with European partnership. Dr. Fattouh confirmed to the Saudi Al …

E&H Energy’s Kemaman project set to transform Malaysia’s gas landscape

KUALA LUMPUR: E&H Energy Sdn Bhd’s gas regasification terminal project in Kemaman, Terengganu, is being developed to address Malaysia’s growing energy demand by improving accessibility and ensuring a stable supply of liquefied natural gas (LNG) for …

Malaysia’s cloud adoption poised to surge beyond 50% this year, says eCloudvalley

KUALA LUMPUR: Malaysia’s cloud adoption is poised to surge beyond 50% in 2025 on the back of demand from enterprises for optimisation, innovation and agility, according to eCloudvalley Digital Technology, a cloud solutions provider and Amazon Web Services …

Late buying drives Bursa Malaysia to end at intraday peak

KUALA LUMPUR, Feb 18 — Bursa Malaysia’s main index pared its earlier losses to end at its intraday high on Tuesday, driven by late buying in heavyweights and in line with most regional markets. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased 2. …

Petronas mulls over US$1bil loan for Malaysian LNG project

Petroliam Nasional Bhd is in talks with banks for a potential loan to fund a liquefied national gas project, according to people familiar with the matter. The state-owned company, commonly known as Petronas, is seeking project financing of over US$1 …

Business : AEON Bank Enhances Customers’ Digital Banking Experience Through Advanced Shielding Technology

KUALA LUMPUR, Feb 18 (Bernama) -- AEON Bank, Malaysia’s first Islamic digital bank has enhanced its security features with the introduction of the Mobile Security Platform (MSP), an advanced shielding technology designed to protect its mobile banking …

Petronas mulls over US$1 billion loan for Malaysian LNG project

MALAYSIA’S Petroliam Nasional is in talks with banks for a potential loan to fund a liquefied national gas (LNG) project, according to sources familiar with the matter. The state-owned company, commonly known as Petronas, is seeking project financing of …

Malaysia sees stronger trade ties with Bahrain as PM Anwar begins official visit

KUALA LUMPUR, Feb 18 — Total trade between Malaysia and Bahrain expanded to RM1.19 billion (US$260 million) in 2024, compared to RM1.5 billion (US$330 million) in 2023. Malaysia’s total exports to Bahrain increased by 17.4 per cent to RM251.2 million (US$ …

Malaysia, Indonesia, Thailand boost local currency transaction framework

It added that the latest framework also includes portfolio investments as eligible underlying transactions, in addition to trade in goods and services and direct investments. Investors now have greater opportunities to conduct transactions in local …

Indonesia, Malaysia, Thailand central banks agree to broaden scope of local currency transactions

Teleperformance In Malaysia Applauded By Frost & Sullivan For Delivering Tailored Customer Experience Solutions And Its ...

(MENAFN- PR Newswire) The company started its journey in Malaysia in 2017 with a single site in Penang supporting a European gaming company. Recognizing the strategic advantages in Malaysia, TP capitalized on the nation's expat-friendly policies, …

China’s central bank says the yuan could save global economy

China’s central bank genuinely believes that the yuan is holding the world’s financial system together. On Sunday, People’s Bank of China (PBOC) Governor Pan Gongsheng told global leaders at the AlUla Conference for Emerging Market Economies in Saudi …

Forex earnings policy on lines of Malaysia, Vietnam: Hartarto

Jakarta (ANTARA) - Coordinating Minister for Economic Affairs, Airlangga Hartarto, said that the policy concerning foreign exchange earnings from the export of natural resources has not only been implemented by Indonesia, but also by Malaysia, Thailand, …

Singapore shares rise, with local banks closing higher; STI up 0.7%

The benchmark Straits Times Index climbed 0.7 per cent or 27.35 points to 3,904.85.ST PHOTO: SHINTARO TAY SINGAPORE - Equities in Singapore ended Feb 17 in the black, amid largely positive regional moves. The benchmark Straits Times Index (STI) climbed 0.7 …

Central banks of Malaysia, Indonesia and Thailand enhance local currency transaction framework

PETALING JAYA: Bank Negara Malaysia, Bank Indonesia (BI) and the Bank of Thailand (BOT) have announced the adoption of a harmonised Local Currency Transaction Framework Operational Guidelines (LCTF OG) and the expansion of eligible cross-border …

Singapore shares track regional gains with ST Engg top gainer; STI up 0.5%

Across the broader market, advancers outnumbered decliners 322 to 231, after 1.4 billion shares worth $1.4 billion changed hands. PHOTO: REUTERS SINGAPORE - The Straits Times Index (STI) edged up on Feb 18, mirroring regional indexes. It closed 0.5 per …

Russian power company reports ₽1.3b ruble loss from Illegal crypto mining in 2024

Russian power grid operator Rosseti reported losses of over 1.3 billion rubles in 2024 due to illegal crypto mining operations that siphoned electricity through unauthorized connections. The Russian power grid company Rosseti reported losses exceeding 1.3 …

Malaysia's GDP growth to remain solid at 4.9% in 2025 - investment banks

KUALA LUMPUR: Malaysia’s economic growth is expected to remain solid at 4.9 per cent year-on-year (y-o-y) in 2025, according to local investment banks. The banks said the forecast aligns with the Ministry of Finance's (MoF) official target of 4.5 to 5. …

Malaysia Set Three-medal Target at Asian Track Cycling C'ships - Harnizam

NILAI, Feb 17 (Bernama) -- Malaysia have set themselves a modest three-medal target for the Asian Track Cycling Championships (ATC) 2025 that will be held at the National Velodrome here from Feb 21-27. National track cycling head coach Harnizam Basri said …

AI is No Longer Optional - Entara’s New Automation Services Give Businesses a Competitive Edge

CHICAGO, IL, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Entara, a leading managed IT and cybersecurity provider, has officially launched a new business process automation service. As part of this offering, Entara will work with small …

Penn River Collaborates with NTT DATA on Variable Annuity Implementation

Penn River and NTT DATA have announced the implementation of Penn River's cloud-native Policy Administration System for a variable annuity product. NEWTOWN SQUARE, PA, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Penn River, Inc., …

Ignition debuts first-to-market AutoPricing to automate growth for services businesses

SAN FRANCISCO, CA, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Ignition, the leading revenue operations platform for services-based businesses, today introduced AutoPricing, a suite of industry-first pricing automation capabilities …

Innoculator version 1.0 released

What happens when you combine AI with virtual patching? You solve the vulnerability and legacy software problem. MELBOURNE, VICTORIA, AUSTRALIA, February 19, 2025 /⁨EINPresswire.com⁩/ -- After a year of dedicated development, we are thrilled to …

Black Unicorn Factory Introduces New Model for Venture Capital and Economic Inclusion

Black Unicorn Factory pioneers an innovative approach to venture capital, empowering underrepresented entrepreneurs and expanding economic inclusion LOS ANGELES, CA, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- The Black Unicorn …

Eric Cook Honored as 2024 IFA Franchisee of the Year

PRUDENVILLE, MI, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Eric Cook, agency owner and proud member of the WSI global digital agency network, has been named a 2024 Franchisee of the Year by the International Franchise Association ( …

Goodwill Industries of Dallas Announces New Vice President of Marketing

DALLAS, TX, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- FOR IMMEDIATE RELEASE Goodwill Industries of Dallas is excited to announce the appointment of Alexandra Mazzi as its new Vice President of Marketing. A seasoned marketing …

TaxZerone Reminds Businesses to File Form 7004 for a Tax Filing Extension

TaxZerone Offers Businesses a Simple, Secure, and Affordable Way to Extend Tax Filing Deadlines with Form 7004 SAN JOSE, CA, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- The tax season for businesses is now upon us, and with the …

TENEX.AI Announces Cybersecurity Veteran Jason Zann as Strategic Advisor

TAMPA, FL, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- TENEX.AI, an AI-native cybersecurity company redefining enterprise security, today announced that Jason Zann has joined its advisory board. A recognized leader in threat …

servicePath™ Recognized as a Major Player in the IDC MarketScape for CPQ Applications for Digital Commerce

servicePath™ named Major Player in IDC MarketScape for CPQ, reinforcing its leadership in simplifying complex sales and driving revenue growth for enterprises. BURLINGTON, ONTARIO, CANADA, February 18, 2025 /⁨EINPresswire.com⁩/ -- servicePath™ …

PPC LOAN Joins The Wealth Engineering Expert Sourcing Consortium

The Wealth Engineering Family of Companies (WE) is pleased to announce its inclusion of PPCLoan as an exclusive core component of its Expert Sourcing Consortium LAKE MARY, FL, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Lake Mary, FL, …

Colorado Local Businesses Brings Directory for Small Businesses to Colorado

Colorado’s Thriving Small Business Community Now Has a Dedicated Online Platform BROOMFIELD, CO, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Colorado’s thriving small business community now has a dedicated online platform with the …

Helping Indians Choose Smarter: WalletWalk’s Approach to Credit Card Comparisons

HYDERABAD, INDIA, February 19, 2025 /⁨EINPresswire.com⁩/ -- WalletWalk Helps Indian Consumers Unlock Maximum Value from Their Credit Cards Millions of Indians own credit cards, but how many are truly maximising their benefits? From travel perks …

Dwinity reveals digital twin of a human and first decentral data back-up at Web Summit Qatar 2025

Dwinity introduces its new approach to data ownership: This platform allows users to securely store their data, far from the control of major tech companies. GRüNWALD, BAVARIA, GERMANY, February 18, 2025 /⁨EINPresswire.com⁩/ -- In a world where …

Construction Firms Eliminate Multi-Entity Financial Headaches with hh2’s Enhanced Sage Intacct Integration

hh2 automates multi-entity financials in Sage Intacct, eliminating manual adjustments, reducing errors, and ensuring ERP flexibility as contractors scale. KAYSVILLE, UT, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Managing financials …

investorTV to Host Live Panel: '2025 Market Outlook: Gold, Commodities, and the Global Economy' on February 21, 2025

This live panel discussion will feature industry leaders sharing insights into gold’s record performance, commodity market dynamics, and global economic trends. SINGAPORE, February 19, 2025 /⁨EINPresswire.com⁩/ -- investorTV, a digital platform …

Angela Buckalew: A Trusted Expert in AED Training and Emergency Preparedness

Angela Buckalew, CEO of CorVita, is a leader in AED training, emergency response, & AED innovation—saving lives through education & technology. CINCINNATI, OH, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Angela Buckalew: A …

Renew Financial Expands Residential PACE Financing to Unincorporated Hillsborough County

Homeowners in unincorporated Hillsborough County can now access residential PACE financing, joining over 154 other Florida jurisdictions. TAMPA, FL, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Renew Financial, the pioneer and a …

Infocepts Explores the Art of AI and Personalization at Starbucks in New Podcast Episode

Megan Brown of Starbucks shares insights on addressing AI’s transformative potential, and driving personalization in global organizations on Infocepts podcast. WASHINGTON, DC, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Infocepts’ …

BUUZ App for iOS Ushers in New Era for the Discovery and Sharing of Events in Los Angeles

LOS ANGELES, CA, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- BUUZ, a new AI-powered application from BUUZ Inc., is disrupting the event space by offering a new way for users to find, attend and share events in Los Angeles. Leveraging …