Ariel Antonio
Content writer and social media specialist. Before that, I teach Journalism and radio broadcasting at the University foundation for fifteen years. only through engagement and communications can we as humans evolve.
An accredited member of a leading local broadcast media organization.
Bursa Malaysia announces 21 additions to F4GBM index constituents
Bursa Malaysia announces 21 new additions to the FTSE4Good Bursa Malaysia (F4GBM) Index, increasing total constituents to 98. The index, launched in 2014, tracks companies with strong environmental, social, and governance (ESG) principles, reflecting a growing focus on sustainable investing in Malaysia.
US banks warn of recession amid rising inflation
According to CEOs, the largest US banks are preparing for a poorer economy next year as inflation threatens consumer demand.
Jamie Dimon, the chief executive...
Malaysian economy relatively resilient in 2023, says ICAEW
The Institute of Chartered Accountants in England and Wales (ICAEW) predicts a challenging start for Asian economies in 2023, but suggests Malaysia will remain relatively resilient. Despite warnings of a potential recession, the country is expected to maintain economic strength amid global inflation and supply chain issues.
Oil prices climb after Opec+ keeps output cut targets, China eases...
Oil prices rose 2% as OPEC+ kept production targets and Chinese COVID restrictions ease. WTI crude futures climbed 0.9% to $80.68, while Brent crude increased 0.8% to $86.29, signaling potential increased global demand and market stability.
Taiwan fears impact of US chip restrictionso
Taiwanese economic officials express concerns about recent US semiconductor legislation potentially harming Taiwan's critical chip export industries. The $50 billion Chips and Science Act aims to reduce reliance on Taiwanese technology, creating uncertainty for the island's tech manufacturing sector.
Bank Negara issues exposure draft on licensing and regulatory framework for...
Bank Negara Malaysia has published an exposure draft detailing regulatory guidelines for Digital Insurers and Takaful Operators. The proposed framework aims to enhance market inclusiveness, competition, and operational efficiency while establishing clear licensing and business model standards for digital insurance providers.
Malaysian banks’ loan growth to stay at 5-6% in 2023 on...
S&P Global Ratings predicts Malaysian banks will sustain loan growth of 5-6% in 2023, driven by the country's stable economy. With robust capitalization and provisioning buffers, banks are well-positioned to manage potential asset quality risks amid projected GDP growth of 4.5% over the next three years.
WTO warns of ‘real’ recession risk in some major economies
The World Trade Organization warns of potential recession in major economies, with Ukraine crisis, inflation, and food prices contributing to economic uncertainty. Developing nations face significant economic challenges.
Telenor and Axiata win key approval for multi-billion dollar Malaysia tie-up
Norwegian Telenor and Malaysian Axiata Group have secured key approval for merging their local telecommunications units Celcom Axiata and DiGi.Com. The proposed $15 billion deal aims to create a stronger market competitor in Malaysia's competitive telecom landscape, with the new entity named Celcom Digi pending final regulatory approvals.
Franchise sales to increase to RM23bil by 2025
Malaysia's franchise industry is experiencing rapid growth, with sales expected to reach RM22.66 billion by 2025. The sector has seen a 47% increase in franchise outlets in 2021, creating approximately 49,000 jobs and demonstrating strong potential for economic expansion.
