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AmBank projects 0.9 per cent inflation in 2019, 25 bps OPR cut in Nov

KUALA LUMPUR, Sept 26 -- AmBank Research is projecting full-year inflation at between 0.8 per cent and 0.9 per cent in 2019 with inflation pressure expected to remain tame in the remainder of the year.


Johor Bahru to host 2nd Islamic Finance Rendezvous Series

The Association of Islamic Banking and Financial Institutions Malaysia, Malaysian Takaful Association and Bank Negara Malaysia will jointly organise the second business engagement programme -- Islamic Finance Rendezvous Series in Johor Bahru on Oct 1.


RFI Foundation & DIEDC organises roundtable on sustainable finance

KUALA LUMPUR, Sept 23 -- The RFI Foundation and Dubai Islamic Economy Development Centre (DIEDC) organised a half-day roundtable event on responsible and sustainable finance, hosted by Bank Negara Malaysia


CIMB joins 130 banks worldwide subscribing to the principles for responsible banking

KUALA LUMPUR, Sept 23 (Bernama) -- CIMB Group Holdings Bhd today became one of the Founding Signatories of the United Nations Environment Programme Finance Initiative UNEP-FI Principles for Responsible Banking.


Govt likely to set aside contingency funds to cushion economy - UOB

By S. Joan Santani

KUALA LUMPUR, Sept 18 -- The government is likely to have some space to pursue an expansionary budget for 2020 with higher spending and stimulus measures, said United Overseas Bank (Malaysia) Bhd (UOB).


AIM wins seventh GIFA's Best Islamic Microfinance Institution Award

 Amanah Ikhtiar Malaysia (AIM) has won the Best Islamic Microfinance Institution Award for the seventh time at the 9th Global Islamic Finance Awards (GIFA) in Cape Town, South Africa on Monday.


Stronger Q2 backs BNM's decision to retain OPR - analysts

By Aishah Mohmad Afandi

KUALA LUMPUR, Sept 12  -- Economists believe Bank Negara Malaysia’s decision to maintain the overnight policy rate (OPR) at 3.00 per cent today is on the back of the stronger gross domestic product (GDP) recorded in the second quarter (Q2) this year.


BNM's MPC maintains OPR at three per cent

KUALA LUMPUR, Sept 12 -- Bank Negara Malaysia (BNM) has maintained the Overnight Policy Rate (OPR) at 3.00 per cent at its Monetary Policy Committee (MPC) today.


Global Fintech Summit in KL to attract over 900 delegates

KUALA LUMPUR, Sept 11  -- The three-day Global Islamic Fintech Summit (GIFS) 2019 and its co-event Islamic Digital Economy Experience (IDEX) starting Oct 1, 2019 here is expected to attract more than 900 delegates and trade visitors.


BNM's international reserves rise to US$103.5 bln as at Aug 30

KUALA LUMPUR, Sept 6 (Bernama) -- Bank Negara Malaysia’s (BNM) international reserves increased to US$103.5 billion (US$1=RM4.185) as at Aug 30, 2019 from US$103.1 billion as at Aug 15, 2019.


Fintech can make Islamic finance more competitive - Amiruddin
Islamic Banking institutions urged to provide training to strengthen SME sector

 
Govt sets up special committee on Islamic Finance

Further tax relief can boost insurance uptake - Sun Life
Insurance premium discount for careful drivers from January 2020

 
AmMetLife Takaful sees 38 per cent growth in takaful business

MIDDAY, TUESDAY, OCT 15
US4.1875/1905
S'pore3.0584/0610
100 Yen3.8648/8686
Sterling5.2825/2880
Euro4.6192/6238
Source: Bank Negara Malaysia

Reduction in the overnight policy rate (OPR) by Bank Negara Malaysia would be good for consumer spending and investment;
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