Update Browsers, Operating Systems To Counter Cyber Threats - Banking Associations

KUALA LUMPUR, Dec 22 (Bernama) -- To safeguard banking accounts against cyber threats, the Association of Banks in Malaysia (ABM) and the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM) today urged customers to ensure that their web browsers and mobile devices are running the latest versions to protect against cyber vulnerabilities and scams.

Banks To Offer Goodwill Discounts For Early Settlement Of Hire-Purchase Agreements

KUALA LUMPUR, Dec 2 (Bernama) -- Malaysia’s banks will offer goodwill discounts for early settlement of existing fixed-rate hire-purchase agreements following the Dewan Negara’s passing of the Hire-Purchase (Amendment) Bill yesterday.

Maybank IB Upgrades Banking Sector Outlook To Positive For 2026

KUALA LUMPUR, Dec 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects 2026 to be a more conducive operating year for the banking sector, with aggregate operating profit and net profit forecast to grow by 4.7 per cent and five per cent, respectively.

Banks Roll Out Flood Relief Assistance For Affected Customers

KUALA LUMPUR, Nov 27 (Bernama) -- Banks are offering a range of flood-relief assistance, including deferment of loan or financing instalments to provide temporary financial relief and special financing facilities to assist customers in repairing and restoring their homes and businesses.

Bursa Malaysia Opens Higher Tracking Wall Street Gains

KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia opened higher on Tuesday, tracking the upbeat performance on Wall Street overnight.

Sabah Floods: Banking Sector Commits To Financial Relief For Affected Customers

KUALA LUMPUR, Sept 19 (Bernama) – The banking industry has pledged wide-ranging financial relief and assistance to communities in Sabah affected by the recent floods.

Labuan FSA Reaffirms Zero-tolerance Stance With Corruption-free Pledge

LABUAN, Aug 21 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) has reaffirmed its Corruption-Free Pledge with the Malaysian Anti-Corruption Commission (MACC), confirming its strong governance principles within its operations to ensure a corruption-free environment across the organisation.

Sunway Construction Shares Up After Being Spared From Anti-graft Probe

KUALA LUMPUR, Aug 20 (Bernama) -- Sunway Construction Group Bhd’s shares on Bursa Malaysia went up in the early session today after the company and its subsidiaries were spared from an ongoing anti-graft probe involving one of its employees.

Banks To Begin Charging Service Tax On Financial Services From July 1 Under Expanded Scope

KUALA LUMPUR, June 25 (Bernama) -- Member banks of Malaysia's banking associations will begin implementing the service tax on relevant financial services in phases from July 1, 2025, in accordance with the guidelines issued by the Royal Malaysian Customs Department.

TVET Graduates Urged To Become Entrepreneurs, Not Just Salary Earners

KUALA LUMPUR, June 23 (Bernama) -- Deputy Works Minister Datuk Seri Ahmad Maslan today called on Technical and Vocational Education and Training (TVET) graduates to leverage their skills to become entrepreneurs rather than depend solely on salaried jobs.

US-China Tariff Development Positive For Malaysian Equity Market - CIMB Securities 

By Karina Imran

KUALA LUMPUR, May 13 (Bernama) -- The United States (US)-China agreement to temporarily reduce tariff is broadly positive for the local equity market, as it reduces the risk of a US and global recession and leads to higher net foreign inflows, said CIMB Securities Sdn Bhd. 

Nuren Group Plans Nasdaq IPO, Engages ZICO Evolve Capital As Financial Advisor

KUALA LUMPUR, May 5 (Bernama) -- Malaysia-based technology company Nuren Group Ltd (Nuren) plans to list on the Nasdaq Stock Exchange in the United States (US).