Fed govt assets estimated at more than rm1 trillion
JOHOR BAHRU: The Federal Government assets have been valued at more than RM1 trillion so far, said Deputy Finance Minister Datuk Seri Ahmad Maslan. He said the figure was based on the Accountant General’s Department and the Property Valuation and Services Department’s (JPPH) assessment involving government land and buildings made over a period of 10 […]
Maybank Asset Management strengthens ESG offerings with Global Environment Fund
KUALA LUMPUR: Maybank Asset Management Sdn Bhd has expanded its Environmental, Social and Governance (ESG) product offerings with the launch of the MAMG Global Environment Fund, a certified Sustainable and Responsible Investment (SRI) fund. Chief executive officer Ahmed Muzni Mohamed said that Maybank Asset Management has been working with like-minded partners regionally and globally to […]
BNM’s international reserves rise to $111.0 bln as at June 15
KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves stood at $111.0 billion as at June 15, 2021, up from $110.9 billion as at May 31. In a statement today, the central bank said the reserves position is sufficient to finance 8.2 months of retained imports and is 1.1 times total short-term external debt. It said […]
BNM’s international reserves rise to $110.9 bln as at May 31
KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves stood at $110.9 billion as at May 31, 2021, up from $110.6 billion as at May 12. In a statement today, it said the reserves position is sufficient to finance 8.4 months of retained imports and is 1.1 times total short-term external debt. The central bank said […]
SKM assets now worth RM143 billion
GEORGE TOWN: Malaysia Co-operative Societies Commission’s (SKM) total assets are now worth RM143 billion, according to its executive chairman Datuk Nordin Salleh. Assets owned by the SKM came from eight activities undertaken by the commission throughout the country namely via Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat), Co-opbank Persatuan Malaysia Berhad, housing projects, consumer projects, transportation, plantation, industrial and services. “People […]
