News

MNC to make mammoth investment in Iskander Malaysia

Release Date: 28-10-2015

An undisclosed multinational company invests US$60.36 million in Iskander Malaysia. According to the sources the multinational company specializes in the distribution of tropical vegetable oils and

KYS Education Group intends to raise capital through an initial public offering. Sources have confirmed that the group plans to expand but has not yet decided when to launch the IPO. The education group’s recent collaboration with the New Zealand Consort

Release Date: 28-10-2015

KYS Education Group intends to raise capital  through an initial public offering. Sources have confirmed that the group plans to expand but has not yet decided when to launch the IPO. The educ

Support to Malaysian local startups: SAME launches Venture Capital Project

Release Date: 01-07-2015

For helping  the local startups and SME’s with fundings, Secretariat for the Advancement of Malaysian Entrepreneurs (SAME)

Industry Overview: Malaysia Insurance Industry

Release Date: 03-12-2012

Malaysia's insurance industry has been growing at a rapid pace in the past decade following strong economic growth that has led to ri

Malaysian bank uses RBS assets to grow in Asia

Release Date: 12-12-2012

CIMB Group is keen to use its recent acquisition of some Asian assets from Royal Bank of Scotland (RBS) to help it expand rapidly outside its home market, focusin

CIMB expands investment banking

Release Date: 12-12-2012

CIMB GROUP Holdings Bhd is to expand its investment banking presence into Seoul, Taipei and Mumbai within the next quarter as part of

Malaysian banking sector stands out

Release Date: 12-12-2012

Of the eight Malaysian banking groups, Malayan Banking and CIMB Group beat forecasts, while that of the rest fell in line with consen

Islamic banks to expand, compete for mainstream clients -study

Release Date: 12-12-2012

 Islamic banks are set to expand as they compete increasingly with conventional lenders in attracting mainstream customers, acco

Islamic banks' market share grows in Malaysia

Release Date: 12-12-2012

 Malaysia's Islamic banks gained a slightly larger share of total assets in the banking system in the first seven months of 2012

Bank Negara considering more flexibility for insurance industry

Release Date: 20-11-2012

 Bank Negara Malaysia is considering more flexibility for the insurance industry and insurance companies in order to formulate a

Insurance industry players say tax incentive proposal timely

Release Date: 20-11-2012

 Insurance industry players are encouraged with the Government’s proposal to remove 8% investment income tax on deferred a

High Growth Potential For Insurance Industry In Malaysia, Says Economist

Release Date: 20-11-2012

 Despite the gloomy global economic climate, there is still ample room for the insurance industry to grow in Malaysia, says an e

Life insurance industry projects moderate growth

Release Date: 20-11-2012

Malaysia's life insurance new business premium is anticipated to moderately grow between 14 per cent and 15 per cent this year, compared with the lower double-dig

CIMB launches money transfer service Myanmar, Viet-nam, India, Bangladesh, Nepal

Release Date: 19-10-2012

CIMB Group Holdings Bhd has launched its international money transfer service, SpeedSend, to Myanmar, Viet-nam, India, Bangladesh and Nepal.

Syariah-compliant small cap index launched

Release Date: 19-10-2012

FTSE Group and Bursa Malaysia have launched the FTSE Bursa Malaysia Small Cap Shariah Index to complement the existing FTSE Bursa Malaysia syariah indices.

Malaysia IPOs break all-time record

Release Date: 19-10-2012

The US$1.5bil initial public offering (IPO) from broadcast TV operator, Astro Malaysia Holdings Bhd, became Malaysia's third multi-billion dollar listing this year and pushed the volume of IPOs fro

ING clinches first Asia asset sale with AIA Malysia

Release Date: 19-10-2012

Pan-Asian insurer AIA Group Ltd has agreed to buy ING’s Malaysian insurance unit and is expected to pay US$1.5 billion (RM4.62 billion) to US$1.7 billion, handing the Dutch financial services