Growth of Malaysia's Islamic banks outpacing conventional peers
The Edge Malaysia: The growth of Islamic banks in Malaysia has outpaced its conventional peers, with penetration growing tremendously over the past 10 to 15 years and now accounting for around 40% of the total financing in Malaysia, according to Moody’s Investors Service (Moody’s).
Moody’s Financial Institutions Group analyst Wong Chong Jun said the penetration rate stood around...
Malaysia’s construction industry to grow by 14.6% in 2021
driven by investments in transportation and energy projects
Malaysia’s construction industry is set to recover in 2021 and expand by 14.6% after construction activity was brought to a standstill across many parts of the country due to the impact of COVID-19 containment measures. However, the recovery is more a reflection of the depths to which activity fell...
Capital raising activities could return to levels in 2021
Malaysia’s capital market activity is on track to improve in 2021, with fundraising interest across some sectors...
Bursa Malaysia: Moving the dial on ESG adoption
The Covid-19 pandemic has thrust the concept of environmental, social and corporate governance (ESG) into the spotlight...
Card payments continue to rise in Malaysia amid COVID-19
Malaysia has traditionally been a cash-dominant society. However, the COVID-19 pandemic has accelerated Malaysia's push towards...
Malaysian Prime Minister, Tun Dr Mahathir Mohamad, tested new biometric passenger processing at the KLIA Main Terminal as part of its 21st anniversary celebration...
