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.
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Consumer Credit Commission To Implement Comprehensive Regulatory Framework For BNPL Schemes
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.
Govt Urged To Set Up Credit Scoring Agency To Regulate Eligibility Of Borrowers
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).
Govt Succeeds In Reducing New Debt - Anwar
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.
NationGate Clarifies MACC Probe Limited To Non-major Subsidiary
KUALA LUMPUR, July 17 (Bernama) -- NationGate Holdings Bhd clarified that the investigation by the Malaysian Anti-Corruption Commission (MACC) is limited to its subsidiary NationGate Solution (M) Sdn Bhd.
Bargain-hunting Activities Push Bursa Malaysia Higher At The Close
KUALA LUMPUR, July 17 (Bernama) -- Bursa Malaysia ended two days of losses to close higher on Thursday, tracking gains in the regional markets as bargain-hunting activities emerged following the recent sell-off.
iCents Group Eyes 10 Pct Revenue Growth For 2026
KUALA LUMPUR, July 17 (Bernama) -- iCents Group Holdings Bhd has targeted a 10 per cent growth in revenue for 2026, driven by an expected rise in contribution from its manufacturing operations.
Gold Futures End Lower Amid Stronger US Dollar, Fed Rate Talks
By Harizah Hanim Mohamed
KUALA LUMPUR, July 16 (Bernama) -- The gold futures contracts on Bursa Malaysia Derivatives ended lower amidst a firmer greenback and ongoing discussions about interest rates in the United States
Ringgit Closes Slightly Lower Vs US Dollar, Stays Defensive Despite Fed Concerns
KUALA LUMPUR, July 16 (Bernama) -- The ringgit slipped 0.01 per cent against the US dollar at the close, as the local note continued trading on the defensive today, which offered some technical comfort for the ringgit.
Luster’s Glove Unit Reports Industrial Accident At Selangor Factory
KUALA LUMPUR, July 15 (Bernama) -- Luster Industries Bhd's 56 per cent-owned subsidiary Glovmaster Sdn Bhd reported an industrial accident today at its manufacturing facility in Selangor.
Unifi Business Unveils Ultra Plan To Boost Local Businesses
By Anas Abu Hassan
KUALA LUMPUR, July 15 (Bernama) -- Unifi Business is strengthening its support for local businesses with the launch of a high-speed internet package -- the Unifi Business Ultra Plan, designed to meet growing demand for reliable, next-generation broadband solutions.
MITI’s AI Chip Export Rule To Have No Impact On Data Centres -- MIDF
KUALA LUMPUR, July 15 (Bernama) -- MIDF Amanah Investment Bank Bhd believes that data centres will not be affected by the Ministry of Investment, Trade and Industry’s (MITI) latest directive on artificial intelligence (AI) chips.