Banking System Continues To Be Strong, Well-positioned To Weather Shocks — HLIB

Malaysia’s banking system is strong, well-positioned to weather shocks and supportive of financial intermediation activities, and continues to be backed by healthy capital and liquidity buffers, said Hong Leong Investment Bank (HLIB).

In a note toda…

IGEM 2024 Expects To Generate RM4.8 Bln Business Leads

The International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM) is expected to attract 48,000 participants and 480 exhibitors from 48 countries, generating business leads estimated at RM4.8 billion.

Organised by the Natural Re…

AM Best Gears Up For Indonesia Rendez-Vous Conference In Bali, Next Week

Global credit rating agency, AM Best announced that it will sponsor, exhibit and lead a session at the 28th Indonesia Rendez-Vous Conference, taking place in Bali, Indonesia, from Oct 9 to 12.

Its associate director, analytics, Chris Lim is set to g…

IIB Partners KILSA Global To Boost South Korean Startups In Southeast Asia

Iskandar Investment Bhd (IIB) has partnered with Singapore’s KILSA Global to accelerate South Korean startups and small and medium-sized enterprises (SMEs) into Southeast Asia.

The collaboration aims to position Medini and Iskandar Puteri as hubs fo…

Chargeman At Penang Institute Remanded Six Days Over Bribery

A chargeman at an institute in Penang has been remanded for six days until Oct 9 for allegedly soliciting a bribe of RM30,000 in return for securing a civil repair service contract at his workplace.

The remand order against the man in his 30s was is…

Laundromats, Workplace Buildings To Be Smoke Free

Laundromats and workplace buildings, including government and private premises, will be added to the non-smoking areas effective Jan 1 next year.

This follows the enforcement of the Control Of Smoking Products For Public Health Act 2024 (Act 852) on…

Gold Futures End Higher Spurred By Safe-Haven Demand

Gold futures on Bursa Malaysia Derivatives rebounded to end higher on Friday, driven by steady demand.

A dealer noted that investors flocked to gold as a safe-haven asset, driving up its demand and price amid escalating conflicts in the Middle East …