Banking and Financial

Time for rules, transparency on loans, says financial planner

Kelvin Goh says mandating the disclosure of actual repayment costs benefits consumers and creates a competitive lending environment.

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Maybank posts higher net profit of RM2.27bil in 1Q

Following a strong start to the financial year, Malayan Banking Bhd (Maybank) group president and CEO Datuk Khairussaleh Ramli said…

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Bursa and ringgit begin the week in contrasting styles

The FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.2 points just 10 minutes after the opening bell to settle at…

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PTPTN announces 3.05 per cent dividend for Simpan SSPN 2022

PUTRAJAYA: The National Higher Education Fund Corporation (PTPTN) has declared a dividend of 3.05 per cent for the National Education…

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Better financial management just a ‘Swipe-y’ away

They had a lot of help from part-timers, some of whom they recruited through Fiverr, a global online marketplace for…

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Banks benefit more than members from new EPF scheme, says financial adviser

Saidah Asilah Abdul Shukor urges contributors in need of funds to scout for ‘other means’ that do not affect their…

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EPF: RM50,000 loans from Friday

Eligible Employees Provident Fund (EPF) members can apply for personal financing of up to RM50,000 from banks, starting from Friday.

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Startups Fate in Malaysia

Malaysia's startup scene has been growing rapidly over the past decade, fueled by a supportive government, strong infrastructure, and a…

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EPF: Low savings due to inconsistent contributions

Lower starting salaries for those who began their careers before the implementation of the minimum wage in 2013 are among…

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EPF declares 5.35% dividend despite challenging financial markets

Despite the challenging financial environment, the Employees Provident Fund (EPF) has declared a dividend rate of 5.35% for conventional savings…

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Bank Negara surprises market, maintains OPR at 2.75%

Bank Negara’s Monetary Policy Committee (MPC) surprised the market by maintaining the overnight policy rate (OPR) at 2.75%.

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Anwar urged to allow another round of EPF withdrawal

A group that has been fighting for another EPF withdrawal has submitted a memorandum to Prime Minister Anwar Ibrahim asking…

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TH still gives targeted financial aid to local pilgrims

Lembaga Tabung Haji (TH) is still financing part of the haj costs for Malaysians performing the pilgrimage for the first…

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Disgraced crypto billionaire charged with defrauding investors

Written by Scott Bicheno Sam Bankman-Fried (SBF) has been charged by the US SEC with orchestrating a scheme to defraud equity…

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Sam Bankman-Fried: ‘I didn’t try to commit fraud’

Mr Bankman-Fried also said his lawyers had advised him not to speak publicly but he had ignored their advice. He…

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