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MIACES AWARDS: Step Forward To Connect Industry players with Sustainable Development Goals
PUCHONG: MIACES is a step forward to connect industry players with innovative solutions; contributing towards achieving the Sustainable Development Goals (SDGs) especially as the world faces a changing climate. MIACES inspires dialogues on forward-looking policies, while ensuring sustainable development in
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Short-term rates to remain stable on BNM’s operations
KUALA LUMPUR: Short-term rates are expected to remain stable today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system. Liquidity is estimated at RM41.04 billion in the conventional system and RM28.96 billion in Islamic funds.
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Ringgit opens higher against US dollar
KUALA LUMPUR: The ringgit opened higher against the US dollar amidst renewed buying interest for the domestic unit. At 9.18 am, the local currency rose to 4.4550/4600 versus the greenback from Tuesday’s close of 4.4570/4585SPI Asset Management managing partner Stephen
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Ringgit likely to decline further against US dollar next week
KUALA LUMPUR: The ringgit is likely to continue its decline against the US dollar next week due to higher inflation, says an analyst. SPI Asset Management managing partner Stephen Innes said the ringgit may also struggle to hold onto gains
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Hong Leong Financial Group Named Malaysia’s Best Managed Bank and Financial Holding Group 2022 by The Asian Banker
KUALA LUMPUR, Malaysia, July 21, 2022 /PRNewswire/ — Hong Leong Financial Group (“HLFG” or the “Group”) was lauded as the Best Managed Bank and Financial Holding group in Malaysia by the prestigious The Asian Banker Leadership Achievement Awards 2022. HLFG’s President
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Ringgit opens higher against US dollar
KUALA LUMPUR: The ringgit bounced back to open marginally higher against the US dollar today, as more investors weighed on a possible interest rate hike by the Federal Open Market Committee next week, a dealer said. At 9.08 am, the
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FBM KLCI turns lower at mid-morning
KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) turned red at mid-morning ahead of Bank Negara Malaysia’s decision on the interest rate later today. At 11.10 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) shed 7.27 points to 1,433.54
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Bank Negara Malaysia set to raise policy rate again – Moody’s Bernama
KUALA LUMPUR: Bank Negara Malaysia (BNM) is expected to lift its Overnight Policy Rate (OPR) by 25 basis points (bps) to 2.25 per cent at its fourth Monetary Policy Meeting (MPC) of the year scheduled for this week, according to
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Ringgit opens lower against US dollar
KUALA LUMPUR: The ringgit extended its downtrend against the US dollar this morning due to the stronger US dollar Index (DXY), as the United States (US) Federal Reserve chair Jerome Powell reiterated his stance to keep raising interest rates in a
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DOSM: M’sia’s economic recovery remains in sight amid global uncertainty
KUALA LUMPUR: Economic recovery remains in sight with a better trend as signalled by Malaysia’s macroeconomic performance in April 2022 amid global uncertainty, said the Department of Statistics Malaysia (DoSM). Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said more
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