Tag: BNM

Monetary and financial developments in December 2023.

Monetary and Financial Developments in December 2023

Helen ChanLeave a Comment on Monetary and Financial Developments in December 2023

Headline inflation remained unchanged at 1.5% in December Headline inflation remained unchanged at 1.5% in December (November 2023: 1.5%), while core inflation edged lower to 1.9% (November 2023: 2.0%).In particular, the moderation in core inflation[1] was due to lower inflation for food away from home at 3.4% (November 2023: 3.9%). Slightly higher wholesale and retail […]

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iFAST Leads A Consortium in an application for Digital Bank License in Malaysia.

iFAST Leads A Consortium To Apply For Digital Bank License

Helen ChanLeave a Comment on iFAST Leads A Consortium To Apply For Digital Bank License

iFAST Corporation Ltd. (“iFAST Corp” or together with its subsidiaries, the “Group”) has led a consortium in the submission of an application for a digital bank licence to Bank Negara Malaysia (BNM). The iFAST-led digital bank (“iFAST Bank”) consortium is a synergistic partnership that builds on the strengths of both local companies in Malaysia as […]

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