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Investment Banks Revise Malaysia’s 2024 GDP Growth Forecast Upward

August 19, 2024

KUALA LUMPUR, Hong Leong Investment Bank (HLIB) has revised its 2024 gross domestic product (GDP) forecast for Malaysia upward to 5.0 per cent from 4.8 per cent previously.

In a note today, the investment bank expects the economic expansion to be su…

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Malaysia Airports Hits New Monthly High For Passenger Movement In July 2024

August 19, 2024

KUALA LUMPUR, Malaysia Airports Group recorded 12.4 million passenger movements in July 2024, marking a 7.3 per cent increase from the previous month and setting a new monthly high post-pandemic.

In a statement, the group said the growth was largely…

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Banking Sector Receives Strong Govt Support To Scale AI

August 19, 2024

SINGAPORE, Malaysia’s banking sector is receiving strong government support and encouragement to scale artificial intelligence (AI) adoption within the industry.

Bank Simpanan Nasional chief information officer Lee Li Foon said although the sector’s…

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SC Rolls Out Revised Guidelines On Technology Risk Management

August 19, 2024

C Rolls Out Revised Guidelines On Technology Risk Management

KUALA LUMPUR, The Securities Commission Malaysia’s (SC) revised Guidelines on Technology Risk Management have come into effect today, superseding the Guidelines on Management of Cyber Risk…

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Two Offshore Marine, PT Limin Marine Team Up To Expand Market In Southeast Asia

August 19, 2024

KUALA LUMPUR, Malaysia-based global shipping company Two Offshore Marine Sdn Bhd has announced a significant expansion of its operations in Southeast Asia via a strategic alliance with Indonesia-based marine offshore vessel owner and operator PT Limi…

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