News Malaysia Credit: Malaysia’s Credit Reporting Agency CTOS Digital Buys Scoring Firms in the Philippines, Indonesia
In a major strategic move to extend its footprint in Southeast Asia, CTOS Digital Bhd, a Malaysia’s based credit reporting agency, has announced the acquisition of two credit scoring companies in the ...
News Malaysia Credit: Under-30s make up 40pc of Malaysia’s BNPL use, raising concern, says deputy finance minister
KUALA LUMPUR, March 12 â Buy now, pay later (BNPL) use among Malaysian youth raises concern as those aged 30 and below make up about 40 per cent of BNPL transactions in the...
News Malaysia Credit: Malaysia credit default swap price hits 11-month high
The cost to insure against a Malaysia default in five years climbed to an 11-month peak in late U.S. trading on Thursday as Mahathir Mohamad returned as that country's prime minister in a stunning election victory. The Mohamad-led alliance Pakatan Harapan (PH) defeated the coalition that had ruled the southeast Asian nation for six decades since independence from Britain. PH's pledge to repeal an unpopular goods and services tax, restore a petrol subsidy and increase minimum wages raised concerns about how the incoming government would pay for these programs and their potential drag on the ringgit and the local stock market.
News Malaysia Credit: The Consumer Credit Commission announces its new leadership lineup under Executive Chairman Abu Hassan Alshari Yahaya
Suruhanjaya Kredit Pengguna (SKP) has announced its first line-up of leadership, led by Executive Chairman, Abu Hassan Alshari Yahaya, along with the Board Members.
News Malaysia Credit: Financial Benchmark Reforms in Malaysia
Financial benchmark reforms have been the key agenda in various jurisdictions to improve the integrity and reliability of interest rate benchmarks. The Malaysia Overnight Rate (MYOR) was recently ...
News Malaysia Credit: UOB Malaysia’s proposed acquisition of Citibank’s consumer banking biz is credit positive, says RAM Ratings
RAM Ratings opined that United Overseas Bank (Malaysia) Bhd’s (UOB Malaysia) recent proposed acquisition of Citibank Bhd's consumer banking business is credit positive. In a statement on Thursday (Jan ...
