Online Banking: GXBank, Malaysia's First Digital Bank, Officially Opens crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.
GXBank, a subsidiary of GXS Bank and the digital bank joint venture between Grab and Singtel, has received the approval to commence operations from the Minister of Finance and Bank Negara Malaysia (BNM) ahead of the April 2024 deadline set by BNM for the approval of digital brank licenses. GXBank is
GX Bank Berhad is the first of five digital bank licence applicants to obtain approval to commence operations in Malaysia. Read more at straitstimes.com.
KUALA LUMPUR: Sime Darby Plantation Bhd (SDP) has continued to engage with the United States Customs and Border Protection (US CBP) over forced labour claims against the plantation company.
Monday, 03 May 2021 09:06 PM MYT
Datuk Zaiton Mohd Hassan gives her opening remarks during the launch of the Public Transport Fund in Kuala Lumpur May 2, 2019. Picture by Ahmad Zamzahuri
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KUALA LUMPUR, May 3 The private retirement schemes (PRS) have exceeded RM5 billion in total net asset value (NAV) to-date, with half a million Malaysians saving for their retirement, representing an increase of 43 per cent from RM3.5 billion as at Dec 31, 2019.
In a statement today, the Private Pension Administrator Malaysia (PPA) said the NAV growth was made possible by the resilient and strong performance of PRS funds, despite going through volatility last year and witnessing its fair share of market movements over the past nine years.