Consumer Credit Bill 2025 Passed, Regulating Commission To Be Set Up
KUALA LUMPUR, July 21 (Bernama) -- The Consumer Credit Bill 2025 was passed in the Dewan Rakyat today to protect the interests of credit consumers in the country.
KUALA LUMPUR, July 21 (Bernama) -- The Consumer Credit Bill 2025 was passed in the Dewan Rakyat today to protect the interests of credit consumers in the country.
KUALA LUMPUR, July 21 (Bernama) -- The Consumer Credit Commission (CCC) will implement a comprehensive and sustainable regulatory framework for the “buy now, pay later” (BNPL) scheme to ensure the public does not fall into debt traps or face a rise in bankruptcy cases.
KUALA LUMPUR, July 21 (Bernama) -- The government should establish a creditworthiness or credit scoring agency to regulate the eligibility of consumers taking loans, according to Member of Parliament (MP) Sim Tze Tzin (PH-Bayan Baru).
KUALA LUMPUR, July 21 (Bernama) -- The volume of “buy now, pay later” (BNPL) transactions has increased from 83.8 million in the second half (2H) of 2024 to 102.6 million in the first half (1H) of this year.
PUTRAJAYA, July 21 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the government has succeeded in reducing the annual debt to RM77 billion in 2024 from RM99 billion in 2022.
KUALA LUMPUR, July 21 (Bernama) -- The record cumulative trade value increase of 4.8 per cent to RM1.465 trillion for the first half of 2025 reflects the strength and resilience of Malaysia’s external trade position.
KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia remained lower at the lunch break, while regional market performance across was mixed as ongoing trade tensions continued to weigh on sentiment.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 20 (Bernama) -- The cut in the Overnight Policy Rate (OPR) by Bank Negara Malaysia (BNM) will spur moderate demand for properties in general in the second half (2H) of this year while demand in the high-end segment will continue to be robust, analysts say.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 19 (Bernama) -- Bursa Malaysia is likely to maintain its upward bias next week, building on the renewed buying interest seen over the past two sessions, said UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan.
By K. Naveen Prabu
KUALA LUMPUR, July 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see mild profit-taking next week following recent gains.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to be well supported into next week and trend higher within a stable range of US$3,320 to US$3,380, barring a sharp reversal in bond market sentiment, said SPI Asset Management managing partner Stephen Innes.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 19 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade range-bound next week, tracking the underlying cash market.