Tag - Finance

Bank Islam GCEO Mohd Muazzam steps down

PETALING JAYA: Bank Islam Malaysia Bhd's group chief executive officer (GEO) Datuk Mohd Muazzam Mohamed has tendered his resignation after 10 years of service, seven of which were at the helm of the group. In a statement, the bank said his resignation will take effect on Jan 7, 2026, while his last day of service will be on Dec 12, 2025. According...

Pawnshops need help to stay afloat

PETALING JAYA: Fierce competition from larger and financially stronger players are hitting smaller and traditional pawnbroking business, prompting industry players to ask the government to intervene to ensure healthy competition. Malaysia Pawnbrokers Association said it was time for the government to introduce regulatory reforms to ensure pawnshops’ sustainability and equitable competition in the evolving financial market. ALSO...

Experts: Regular savings more important to grow your EPF

PETALING JAYA: Even a small voluntary contribution into the Employees Provident Fund (EPF) can snowball over time and workers in the informal sectors should not miss out, say financial experts. The power of “compound interest”, they pointed out, would increase even with the minimum RM10 contribution to EPF. ALSO READ: EPF continues to be flexible for long-term gains When...