Funding Societies supports SMEs amid COVID-19
KUALA LUMPUR, 3 April 2020 – Funding Societies, the largest P2P financing platform in Malaysia, is stepping up efforts by offering deferment or rescheduling options to help tide...
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Financial industry announces initiative for unemployed graduates
KUALA LUMPUR, 3 April 2020 - The Financial Industry Collective Outreach (FINCO), a collaboration between more than 120 banks, insurance and takaful companies in Malaysia, wishes to announce...
Worst is yet to come for oil with potential peaking of global storage in Q2
1 April 2020 - The $30/bbl level has been completely steamrolled, with both Brent and WTI having gone close to $20/bbl. Beyond the usual demand/supply dynamics, we now...
Asian stocks set to open higher; oil holds surge
ASIA, 3 April 2020 - Asian stocks looked poised to open higher following a volatile session in the U.S., with oil producers well supported after President Donald Trump...
WHO: Malaysia’s COVID-19 cases expected to peak in mid-April
KUALA LUMPUR, 2 April 2020 - The number of COVID-19 cases in Malaysia is expected to peak in mid-April and there are signs of a flattening of the...
BNM: Malaysia’s 2020 GDP growth projected at between -2% and 0.5%
KUALA LUMPUR, 3 April 2020 - Bank Negara Malaysia (BNM) said Malaysia's economic growth, as measured by Gross Domestic Product (GDP), is projected at between -2% to 0.5%...
MCO: Economic fallout to be addressed by special panel
KUALA LUMPUR, 3 April 2020 - The government has announced that it will has set up a Special Cabinet Committee to develop strategic measures to safeguard Malaysia’s economy...
Bursa suggests remote participation and voting of shareholders for 43rd AGM
KUALA LUMPUR, 1 April 2020 – To ensure the health and safety of all its shareholders, Bursa Malaysia Berhad (Bursa Malaysia) will put in place added safety measures...
Insurance and takaful industry update on COVID-19 test fund
KUALA LUMPUR, 1 April 2020 – The Life Insurance Association of Malaysia (LIAM), Persatuan Insurans Am Malaysia (PIAM) and the Malaysian Takaful Association (MTA) have finalised the details...
China reboots work and life post COVID-19
CHINA, 1 April 2020 – Businesses in China are more focused on digitising their operations following the COVID-19 outbreak, with as many as 72% of SMEs having resumed...
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