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KUALA LUMPUR (June 26): Non-bank lender Malaysia Building Society Bhd (MBSB) aims to convert its conventional assets worth about RM1 billion, which makes up about 10% of its assets, to Islamic assets over the next two years, as part of its plans to becoming an Islamic bank.

PETALING JAYA (June 25): TRX City Sdn Bhd (TRXC) has lodged a police report on its development funds taken by 1Malaysia Development Bhd (1MDB) last Friday (June 22) at the Jalan Travers police station in Kuala Lumpur.

PUTRAJAYA (June 22): Datuk Nor Shamsiah Mohd Yunus (pictured) has promised to maintain the country's monetary and financial stability upon assuming office as Bank Negara Malaysia Governor on July 1 this year.

KUALA LUMPUR (June 22): The country’s central bank will continue to act as an independent entity based on the rules set out in the legislation, Bernama reported Finance Minister Lim Guan Eng as saying today.

PETALING JAYA (June 22): The change in government may have boosted confidence in the market, but real estate agents and negotiators have yet to experience any significant impact as there are still many uncertainties ahead, said the Malaysian Institute of Estate Agents (MIEA) president-elect Lim Boon Ping.

KUALA LUMPUR (June 22): Council of Eminent Persons member Tan Sri Dr Zeti Akhtar Aziz (pictured) said today the Malaysian Government's decision to appoint Datuk Nor Shamsiah Mohd Yunus as the new Bank Negara Malaysia (BNM) Governor is a demonstration of respect for the central banking institution.

KUALA LUMPUR (June 22): Datuk Nor Shamsiah Mohd Yunus has been appointed as the new governor of Bank Negara Malaysia (BNM).

(Video courtesy of TRX City Sdn Bhd) PETALING JAYA (June 21): TRX City Sdn Bhd has welcomed the Ministry of Finance’s RM2.

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KUALA LUMPUR (June 21): Bukit Bintang MP Fong Kui Lun said that the controversy involving the rental of Ramadan bazaar lots in Kuala Lumpur could have been checked had there been local elections, reported the news portal The Malaysian Insight.