LIAM Appoints Pauline Teoh As New President
KUALA LUMPUR, April 3 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) has appointed Zurich Life Insurance Malaysia Bhd chief executive officer (CEO), Pauline Teoh, as its new president.
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RHB Launches RWA, MSIE To Strengthen Financial Well-being
KUALA LUMPUR, April 3 (Bernama) -- RHB Banking Group is reinforcing its commitment to enhancing customers’ financial well-being with the launch of RHB Wealth Advance (RWA) and Takaful mySmart Income Enhanced (MSIE).
Bursa Malaysia Higher At Midday Amid Mixed Regional Market Performance
KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia settled marginally higher at midday, amid mixed performance in regional markets due to uncertainty over the outcome of the West Asia crisis.
MTA Unveils 2025 Blueprint, Takaful Sustainability Report
KUALA LUMPUR, April 2 (Bernama) -- The Malaysian Takaful Association (MTA) has launched the 2025 Financial Sector Blueprint (FSB) and Sustainability Report for Takaful today, highlighting the industry’s progress in advancing financial inclusion, sustainability and digital transformation.
Visual Bank Expands AI Training Data Solution For Japanese Speech Models
KUALA LUMPUR, April 2 (Bernama) -- Visual Bank Inc, via its subsidiary amanaimages Inc, has announced the expansion of its Qlean Dataset, a premium artificial intelligence (AI) training data solution for developers building high-performance Japanese speech foundation models.
Bank Rakyat Strengthens Cybersecurity After RM1 Mln Amp
KUALA LUMPUR, April 1 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) continues to enhance its technology infrastructure, cybersecurity controls, and operational processes to strengthen system resilience and safeguard customer information.
BNM Fines Bank Rakyat RM1 Mln For Cybersecurity, Customer Information Protection Breaches
KUALA LUMPUR, April 1 (Bernama) -- Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty (AMP) of RM1 million on Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) for cybersecurity and customer information protection breaches on Jan 20, 2026.
Central Banks Must Evolve Into Architects Of Resilience, Says BNM Governor
KUALA LUMPUR, April 1 (Bernama) -- Central banks must evolve into architects of resilience in a changing global landscape, rather than merely remain stewards of stability, important as that role remains, according to Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
BNM To Priorite Building Inclusive, Future-Ready Financial System In 2026
KUALA LUMPUR, March 31 (Bernama) -- Bank Negara Malaysia (BNM) has set several priorities this year, including accelerating the transition to guarantee schemes to help small and medium enterprises (SMEs) access financing more easily and promoting responsible innovation to close gaps in access and protection.
No Discriminatory Terms For Carmakers, Conditions Apply Equally To All Auto Investments - MITI
KUALA LUMPUR, March 31 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) said it imposes no isolated unfavourable conditions on carmakers, stressing that the requirements reflect a consistent policy applied to all new automotive investments in Malaysia since September 2025.
Consumer Credit Commission Establishment Timely To Safeguard Consumers From Credit Service, BNPL Providers - BNM
KUALA LUMPUR, March 31 (Bernama) -- The establishment of the Consumer Credit Commission is timely and important in safeguarding consumers through the regulation and supervision of previously unregulated nonbank credit and credit service providers, including buy now pay later (BNPL) providers.
Financial System Remains Resilient On Strong Regulatory Framework - BNM
KUALA LUMPUR, March 31 (Bernama) -- Malaysia’s financial system remained resilient in 2025, supported by a prudent and robust regulatory environment, said Bank Negara Malaysia (BNM).