KUALA LUMPUR: Bursa Malaysia Bhd, TNG Digital Sdn Bhd (TNG Digital), and Affin Hwang Investment Bank Bhd have launched e-Trade, the first equities market trading feature, within the TNG eWallet. In a joint statement, they announced that as part of GOfinance, the investment hub within TNG eWallet, this feature… Source link
Read More »Malaysia’s low wages influencing inadequate EPF savings
KUALA LUMPUR: Malaysia’s low-wage structure is a significant factor behind the Employees Provident Fund’s (EPF) inadequate savings. EPF chairman Tan Sri Mohd Zuki Ali said irregular contributions, particularly among those in informal or gig economy roles have exacerbated the situation. “The growing shift… Source link
Read More »CIMB Bank partners with CGC to offer RM1.5bil portfolio guarantee scheme for SMEs
KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd (CIMB Bank) have partnered with Credit Guarantee Corporation Malaysia Bhd (CGC) to offer an additional RM1.5 billion in financing through a portfolio guarantee scheme for small and medium-sized enterprises (SMEs). CIMB co-chief executive officer of group… Source link
Read More »Google: Google says Malaysia investments to add $3 billion to its GDP by 2030, create 26,500 jobs
Google said on Tuesday its investments in Malaysia would create 26,500 jobs and contribute more than $3 billion to its economy by 2030, as it announced its new data centre and Cloud region there had broken ground. The start of construction of the new $2 billion data centre in Malaysia follows Monday’s announcement of its multi-year partnership with local tech firm Dagang NeXchange Berhad to… Source link
Read More »Ricoh Asia Pacific Establishes Malaysia Hub for Digital Transformation, Business News
KUALA LUMPUR, Malaysia, Oct. 1, 2024 /PRNewswire/ — Ricoh Asia Pacific today announced the official opening of Ricoh Business Services Asia Pacific (RBS) in Malaysia, marking a significant milestone in the company’s transformation journey and commitment to operational excellence across the Asia-Pacific region. The new RBS entity will serve as a central hub for Ricoh’s… Source link
Read More »Malaysia’s Competitiveness to Rise with Adoption of Global Internal Audit Standards
Mohd Khaidzir Shahari, President of the Internal Auditors Malaysia with Lim Hui Ying, Deputy Minister of Finance II with participants As confidence in Malaysia’s economy strengthens, businesses that commit to global governance standards and world-class risk management practices will enhance the country’s competitiveness. Malaysia, currently ranked fifth among 12… Source link
Read More »Regenerative approach essential in Asia Pacific’s growing economy
Photo by Ricardo Gomez Angel A study by Kearney finds that despite widespread commitment to achieving net zero by 2030, less than one-third of businesses across the region have decarbonization plans that are acutely aligned with the Paris Agreement, indicating a slower pace of progress towards global net zero targets. The study, titled “Regenerate: an Asia Pacific… Source link
Read More »Top CEOs navigate global turbulence by betting big on AI, says KPMG
Tenth anniversary of the KPMG CEO Outlook shows that despite CEO confidence in the growth prospects of the economy declining since 2015, 72 percent of CEOs remain confident. Ninety-two percent of CEOs are looking to increase the overall headcount of their workforce – the highest since 2020. AI remains the top investment priority for most CEOs (64 percent), with a… Source link
Read More »Hong Leong Bank Picked Up Four Notable Wins at Recent Financial Industry Awards
KUALA LUMPUR, Malaysia, Sept. 30, 2024 /PRNewswire/ — Hong Leong Bank (“HLB” or the “Bank”) has received 4 industry awards this year, reinforcing its position as a leading financial institution in Malaysia. These accolades span SME banking, innovative financial products and even financial inclusion initiatives, reflecting the Bank’s dedication to providing an end-to-end banking experience… Source link
Read More »Hong Leong Bank Picked Up Four Notable Wins at Recent Financial Industry Awards | Taiwan News
KUALA LUMPUR, Malaysia, Sept. 30, 2024 /PRNewswire/ — Hong Leong Bank (“HLB” or the “Bank”) has received 4 industry awards this year, reinforcing its position as a leading financial institution in Malaysia. These accolades span SME banking, innovative financial products and even financial inclusion initiatives, reflecting the Bank’s dedication to providing an end-to-end banking experience… Source link
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