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Business 04 May 2007 | 12:00 AM

Binariang believed to have secured its financing needs

Binariang GSM Sdn Bhd is believed to have secured the financing it needs.

Business 14 Oct 2006 | 12:00 AM

Banks on track to fully use online ID security

All Malaysian banks are on track to fully implement the 'two-factor authentication,' a form of online identification security, by Dec 1 as mandated by Bank Negara, said Association of Banks in Malaysia (ABM) chairman Datuk Abdul Hamidy Abdul Hafiz.

Business 26 Sep 2006 | 12:00 AM

IBBM formulating competency framework for banking sector

THE Malaysia Institute of Banks (IBBM) is formulating a Banking and Finance Industry Competency Framework to set international standard benchmark for the local banking and financial industry.

Business 01 Sep 2006 | 12:00 AM

Bankers’ wish list for budget

While the Islamic banking sector is expected to receive tax breaks and incentives in Budget 2007, the banking industry hopes the Government will not neglect other areas that will improve its competitiveness and spur the industry to a higher level.

Business 17 May 2006 | 12:00 AM

UPS sees strong growth in Asia-Pac

United Parcel Service Singapore Pte Ltd (UPS) expects double-digit growth in volume in Asia-Pacific this year against 16% last year, said managing director Mary Yeo.

Business 17 Mar 2006 | 12:00 AM

Hamidy tipped to be next ABM chairman

Datuk Abdul Hamidy Hafiz, the chief executive officer of Affin Bank Bhd, is tipped to be the new chairman of the Association of Banks in Malaysia (ABM), sources said.

Business 09 Feb 2006 | 12:00 AM

News in brief

Business 17 Jan 2006 | 12:00 AM

Bursa buys rest of Bursa Malaysia Depository

Bursa Malaysia Bhd has agreed to buy the balance 25% equity in Bursa Malaysia Depository Sdn Bhd that it does not own from ABM-MCD Holdings Sdn Bhd for RM35.63mil or RM5.70 a share.

Business 03 Oct 2005 | 12:00 AM

ABM: Budget lays strong base for next growth phase

THE Association of Banks in Malaysia (ABM) thinks Budget 2006 has been well formulated to provide a strong foundation for the next phase of economic development while generating quality growth in the near term.

Business 23 Jul 2005 | 12:00 AM

Banks laud move to operate in managed trade regime

THE Association of Banks Malaysia (ABM) welcomes the Government's decision to allow the ringgit to operate in a managed float regime, dismantling the ringgit-dollar peg regime that had been in place for almost seven years since Sept 2, 1998.