Kuala Lumpur: Buy Now, Pay Later (BNPL) activity has seen swift growth, yet its overall impact on household debt remains limited, with an outstanding BNPL debt of RM2.8 billion, equating to just 0.2% of total household debt as of December
Kuala Lumpur: Financial losses from operational risks reported by financial institutions continued to be small in the second half of 2024 (2H 2024), accounting for only 0.03 per cent of total banking system capital compared to 0.05 per cent in
Kuala Lumpur: Banking system deposits grew at a slower pace of three per cent in the second half of 2024 (2H 2024), driven by the slower growth of deposits from resident businesses, partly due to higher costs and debt repayment.
Kuala Lumpur: Despite calls to engage insurers privately and not moot their points through media, APHM continues airing its concerns publicly. The general public couldn’t care less about this issue. These are private matters between APHM and Insurers. As mentioned
Kuala Lumpur: The commitment and dedication of the Civil Defence Force (APM), including its volunteers, in disaster management, public safety, and humanitarian missions are highly valued, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi. In a Facebook post
Kuala Lumpur: Bank Negara Malaysia (BNM) will remain steadfast in ensuring monetary stability to support sustainable economic growth in the long term. According to BERNAMA News Agency, in its Annual Report 2024 released today, BNM said its monetary operations will
