Affin Bank to list the nation's third biggest asset management firm soon?
KUALA LUMPUR (July 1): Affin Bank Bhd is hardly on investors’ radar when they are looking for banking stocks.
Kebun-Kebun Kerinchi, a garden to feed body and soul
Many of us may be familiar with the story of Kebun-Kebun Bangsar (KKB) spearheaded by landscape architect Ng Sek San and his team of volunteers.
Finance minister: Household debt down, banks please lend to new homebuyers
PETALING JAYA (June 19): Malaysia’s Finance Minister Lim Guan Eng wants banks to provide greater access to financing to first-time homebuyers, as well as to small and medium enterprises (SMEs) considering the fact that the country’s household debt as a ratio to gross domestic product (GDP) has fallen to 83% in 2018 from 83.
Bank Negara says Aznan Abdul Aziz will be new assistant governor
KUALA LUMPUR (June 18): Bank Negara Malaysia (BNM) announced today Aznan Abdul Aziz's (pictured) appointment as assistant governor effective July 1, 2019.
Damansara Realty partners Negeri Sembilan state investment arm in RM771m mixed development
KUALA LUMPUR (June 17): Damansara Realty Bhd is partnering the state investment arm of Negeri Sembilan — the Menteri Besar Negeri Sembilan (Inc) or MBNSI — to jointly develop a RM771 million mixed development in Bandar Sri Sendayan, Negeri Sembilan.
Light at the end of tunnel for Gadang
KUALA LUMPUR: Gadang Holdings Bhd is set to see some light at the end of the tunnel a year after Malaysians voted for a change in government, with the revival of some large infrastructure projects like the East Coast Rail Link (ECRL) and Bandar Malaysia.
MBSB in midst of restructuring for banking unit to be holding company
KUALA LUMPUR (June 11): Malaysia Building Society Bhd (MBSB) is undertaking an internal restructuring that will result in its wholly-owned banking subsidiary — MBSB Bank Bhd, formerly known as Asian Finance Bank Bhd — being the group's holding company within the next two years.
BNM's international reserves slip 0.49% to US$102.3b as at end-May
KUALA LUMPUR (June 11): Bank Negara Malaysia's (BNM) international reserves slipped RM500 million or 0.
AmBank ex-CFO's silent disappearance at Bank of New Zealand leaves vacuum of information
KUALA LUMPUR (June 10): Speculations have surfaced regarding AmBank Group ex-chief financial officer (CFO) Mandy Rutherford (pictured) after she withdrew from taking up one of the most senior banking roles in New Zealand in March 2018.
Matrix Concepts hits record RM1b revenue in FY2019
PETALING JAYA (May 31): Negeri Sembilan township developer Matrix Concepts Holdings Bhd concluded its financial year ended March 31 2019 (FY2019) with revenue hitting the RM1 billion mark for the first time.
