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Malaysia: Bursa Malaysia to Continue Downtrend, Senama Agro Targets Japan and South Korea
MALAYSIA – Analysts and economists issued forecast that said the FTSE Bursa Malaysia KLCI (FBM KLCI) will continue its downtrend this week due to external and internal factors. The FBM…
Islamic Bond Sales in Malaysia Hits 16-month High in April
MALAYSIA – Sales of Islamic bonds, also known as sukuk, in Malaysia hit its highest in 16 months in April at USD3.1 billion, figures compiled by Bloomberg showed. In another…
Bank Negara Malaysia Names Mohd Adhari Belal Din as Assistant Governor
KUALA LUMPUR, MALAYSIA – Bank Negara Malaysia, the country’s central bank, has announced the appointment of Mod Adhari Belal Din as assistant governor, in addition to his function as strategic…
67,314 Vehicles Sold in Malaysia in March
MALAYSIA – The Malaysian Automotive Association (MAA) announced that a total of 67,314 vehicles were sold in the country in March of this year, rising 33.6 percent from the total…
Malaysia’s Maybank to Open New China Branch; Readies Samurai Bond Offering
MALAYSIA – Malaysia’s largest bank and financial group, Malayan Banking Bhd (Maybank), is set to open its fourth branch in Greater China this week as it also gears up for…
Insurance Industry in Malaysia Forecast To Grow Between 5% and 10% this Year
Malaysia’s insurance industry is set for a another fruitful year as the Life Insurance Association of Malaysia (LIAM) has predicted that the country’s life insurance industry will grow between 5%…