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Maybank Reshuffles Management Team to Drive Growth
In a strategic management reshuffle at Maybank, Datuk Muzaffar Hisham is slated to become the Group CEO of Islamic Banking and CEO of Maybank Islamic, effective 1 March 2024. Currently holding the position of Group CEO of Global Banking, his
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SC Malaysia Fast Tracks Market Entry Process for Capital Market Players
The Securities Commission Malaysia (SC) has stepped up to expedite the market entry process for Capital Market Intermediaries (CMIs) and Recognised Market Operators (RMOs). The Focused Scope Assessment (FSA), effective immediately, promises to reduce the time required for CMIs and
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Finalyst Debuts Financial Health Assessment Platform
Finalyst has unveiled a new platform designed to enhance financial health, employing advanced technology to streamline cash flow management, investment strategies, and insurance planning, as stated by the company. According to the company, the platform gathers data to pinpoint potential
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5 Key Fintech Trends that Will Shape Malaysia in 2024
In 2024, Malaysia is set to see significant growth in its fintech industry. This is primarily due to increased digital adoption in the country, supported by government regulations, substantial funding, and a growing talent pool. These factors are vital contributors
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Petronas FutureTech Spearheads Startup Advancement in Energy and Beyond
The accelerated energy transition amidst pressing climate concerns has compelled industry players to contribute actionable solutions in driving positive change and sustainable development. Rising up to the challenge, Petronas, a global energy corporation, has significantly expanded its scope beyond traditional
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SC Accelerates ACE Market PLCs’ Entry Into Bursa Malaysia’s Main Market
The Securities Commission Malaysia (SC) has introduced an accelerated transfer process to facilitate the promotion of eligible ACE Market public listed companies (PLCs) to the Main Market of Bursa Malaysia. The framework will take effect on 1 January 2024 through
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Securities Commission and Bursa Malaysia Join Forces to Ease IPO Path for Startups
The Securities Commission (SC) Malaysia, in collaboration with Bursa Malaysia, is actively working to enhance efficiency in the public markets, with a focused aim to facilitate smoother Initial Public Offerings (IPOs) for startups. These efforts include implementing measures to reduce
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BNM and World Bank Unveil Two Nature-Focused Financial Initiatives at COP28
Bank Negara Malaysia (BNM) and the World Bank have announced two significant initiatives at the COP28 in Dubai to guide the financial sector towards supporting nature-positive outcomes. This announcement follows the guidelines set out in the 2022 report ‘An Exploration
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Bursa Malaysia Rolls Out Mandatory ESG Reporting Platform for Listed Companies
Bursa Malaysia has officially launched its ESG Reporting Platform on 4 December 2023 (Monday). This platform is a significant step in mandatory environmental, social, and governance (ESG) reporting for companies listed on the Main Market and ACE Market. The ESG
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FAOM and FIDE FORUM Target Fintech Innovation and Governance
The Fintech Association of Malaysia (FAOM) and FIDE FORUM have partnered to enhance fintech awareness among senior banking leaders and improve governance within the industry. Together, FAOM and FIDE FORUM are set to engage in sharing information and research, concentrating
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