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BNM: Economic Reforms Key To Strengthening Ringgit

Kuala Lumpur: Bank Negara Malaysia (BNM) emphasised that structural reforms and policies must take precedence over excessive reliance on international reserves to manage currency fluctuations. In its Annual Report 2024, released today, BNM said that the movements of the ringgit,

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Axiata Shareholders Approve XL Axiata-Smartfren Merger

Kuala Lumpur: Axiata Group Bhd’s shareholders have approved the proposed merger between PT XL Axiata (XL Axiata) and PT Smartfren Telecom Tbk (Smartfren). The approval was granted at the Group’s extraordinary general meeting (EGM) through polling, and the results have

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