Economy

Bank of America eyes client-focused approach amidst Malaysia's economic rebound

Bank of America was named as the top investment bank in Malaysia in 2023 based on M&A deals and services offered.

Bank of America eyes client-focused approach amidst Malaysia's economic rebound

Bank of America was named as the top investment bank in Malaysia in 2023 based on M&A deals and services offered.

BSP: cap on online payment facilities to stay

This aligns with the BSP's ongoing efforts to encourage digital financial transactions.

MAS: freeze remittances to China for the next three months

It is effective from 1 January 2024 to 31 March.

APRA updates banking standards to manage interest rate risk more effectively

The updates aim to reduce volatility in the IRRBB capital charge, enhance incentives for risk management, and simplify the IRRBB framework.

APRA keeps current macroprudential policy settings

Cost-of-living, the economic outlook, labour market, and borrowing cost were factors considered.

MAS and Bank Indonesia extend bilateral financial arrangement until 2024

The agreement between both central banks was extended to 2 November 2024.

DBS unveils financing solution to boost SMEs’ sustainability ventures

The DBS Eco Renovate Loan allows SMEs to finance up to 100% of their expenses related to sustainability.

Public bank ties up with gov’t to finance SMEs

Domestic exposure for SME-based commercial lending is equivalent to an 18.6% industry market share.

BDO Capital's president shares insights on infrastructure financing in the Philippines

In a recent ASEAN meeting, ministers emphasised the need for post-COVID financial solutions in Southeast Asia, shining a spotlight on the critical...

Financial regulators in ASEAN pledge to bolster partnerships, region to grow 4.5%

The ministers and governors discussed maintaining strategies amidst geopolitical tensions, debt, and sustainability hurdles.

Central bank begins financial sector cloud resilience forum

The forum will discuss perspectives on appropriate public cloud risk management practices.

China supports HK's bid for international finance hub status

The bank provided conducive factors through its policies.

Singapore banks to report flattish Q4 22 earnings amidst slow global growth

NIMs will rise but the expansion could decelerate due to higher funding costs.

MAS to cooperate with Ghana to open trade and financial corridor

It will work with the Bank of Ghana and the Development Bank of Ghana for the project.

MAS, Bank Indonesia extends bilateral financial arrangement

Both leaders of Singapore and Indonesia endorsed the arrangement.