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Malaysia's GDP Revised Upward Between 5.3-5.5 Per Cent In 2017, Says Maybank

KUALA LUMPUR, Aug 21 (Bernama) -- Maybank Investment Bank has revised its upward growth forecast for Malaysia's gross domestic product (GDP) in 2017 to between 5.3 per cent and 5.5 per cent from 4.2 per cent recorded last year, on improving key economic fundamentals and macroeconomic conditions.

Deficit Talent In Islamic Finance Impacts Quality Sukuk Issuance

By Zairina Zainudin

KUALA LUMPUR, Aug 20†(Bernama) -- The shortage of high-quality sukuk in the Islamic finance market is a result of the deficit in virtuous talent, a gap that must†be filled fast for Malaysia to remain as the front runner in the industry, globally.

Bank Islam's 147th Branch Opens In Kodiang

JERLUN, Aug 17 ( Bernama) -- Bank Islam Malaysia Bhd continues to spread its wings with the opening of a branch in Kodiang, here today, making it the 147th branch nationwide and the 12th in the state.

Ringgit To Return To Fair Value Earlier Than Expected - StanChart

KUALA LUMPUR, Aug 15 (Bernama) -- The ringgit is expected to return to its ?fair value' in the second half of this year, much earlier than initially expected in the first half of 2018, according to Standard Chartered's (StanChart) latest Global Research report released today.

RHB Asset Declares Income Distribution For 10 Funds

KUALA LUMPUR, Aug 14 (Bernama) -- RHB Investment Bank Bhd's wholly-owned subsidiary, RHB Asset Management Sdn Bhd (RHB AM), declared an income distribution of up to RM8.5 million for 10 conventional and Islamic funds, for the period ended May 31, 2017.

RHB Islamic Inks Sponsoring Bank Agreement With IAP Integrated

KUALA LUMPUR, Aug 7 (Bernama) --RHB Islamic Bank Bhd, a wholly-owned subsidiary of RHB Bank Bhd, has signed a Sponsoring Bank Agreement with IAP Integrated Sdn Bhd, the owner and operator of an Investment Account Platform (IAP).

Banking, Insurance Sectors Leverage Digital Platform At BNM Carnival

From Nurul Hanis Izmir

KOTA KINABALU, Aug 6 (Bernama) -- The three-day Sabah Financial Carnival 2017, which comes to a close today, has become the platform for the banking and insurance industries to leverage the digital platform in educating their customers.

Malaysian Investors Among Potential Partners For Islamic Bank Of Thailand

By Mohd Haikal Mohd Isa BANGKOK, Aug 4 (Bernama) -- An Islamic fund and a commercial bank from Malaysia are said to be among the potential investors to enter into a partnership with the Islamic Bank of Thailand.

Bank Islam Signs MoU To Drive Digital Platform

KUALA LUMPUR, Aug 2 ( Bernama) -- Bank Islam Malaysia Bhd signed a memorandum of understanding (MOU) with Cognizant today to embark on innovative digital Islamic banking in its operations.

Maybank To Continue Hiring Employees

KUALA LUMPUR, Aug 1 -- Malayan Banking Berhad (Maybank) will continue hiring employees despite the challenges posed by the global economic uncertainty.

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Deficit Talent In Islamic Finance Impacts Quality Sukuk Issuance
Bank Islam's 147th Branch Opens In Kodiang

Bank Islam Signs MoU To Drive Digital Platform

Overseas Assurance Corp Rebranded As Great Eastern Insurance
Disaster Insurance Scheme To Be Introduced Nationwide - Shahidan

Insurance Industry Needs To Continue Innovating To Combat New Competition

US 4.2790/2830
S'pore 3.1399/1439
100 Yen 3.9138/9193
Sterling 5.4925/4985
Euro 5.0291/0355
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Bankerís Cheque, Bank Draft and Cashierís Order. Do you think this additional charge is justified?
 [tally] 15%
 [tally] 79%
Not sure
 [tally] 7%

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