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LTAT To Reduce Strategic Asset Holdings To 35 Pct Under Project Earth

KUALA LUMPUR, March 27 (Bernama) -- The Armed Forces Fund Board (LTAT) plans to reduce its strategic asset holdings from 56 per cent to 35 per cent under ‘Project Earth’ over the next three years to lower exposure while retaining control.

BNM Works With ASEAN Peers To Boost Local Currency Settlement - Deputy Governor

KUALA LUMPUR, March 26 (Bernama) -- Bank Negara Malaysia (BNM) will work with its ASEAN counterparts to encourage businesses to use local currencies in facilitating trade within the region, said Deputy Governor Datuk Marzunisham Omar.

Sri Sukuk Issuances Rise Ninefold To RM11.9 Bln In 2024

KUALA LUMPUR, March 24 (Bernama) – Malaysia saw a significant rise in sustainable and responsible investment (SRI) sukuk issuances last year, reaching RM11.9 billion — an almost ninefold increase since its introduction in 2017— thanks to a supportive regulatory framework.

Development Financial Institutions' Higher Approval Boosts Over 14,000 Businesses

KUALA LUMPUR, March 24 (Bernama) -- More than 14,000 small and medium enterprises (SMEs), microenterprises, start-ups, and the low-income group grew in line with higher approval rates under development financial institutions (DFI) financing in 2024, said Bank Negara Malaysia (BNM) today. 

BNM: Islamic Finance Expands To RM1.13 Bln In 2024, Takaful Growth Moderates On Rising Costs

KUALA LUMPUR, March 24 (Bernama) – The Islamic banking and takaful industries continued to record positive growth in 2024, with the Islamic banking industry’s share of total financing in the financial system increasing to 46.6 per cent last year from 45.6 per cent in 2023.

Anti-money Laundering Among Main Breaches Of Regulations In 2024, RM18.9 Mln Penalties Imposed -- BNM

KUALA LUMPUR, March 24 (Bernama) -- Anti-money laundering and countering financial terrorism were among the most enforcement actions taken by Bank Negara Malaysia (BNM) in 2024, with total monetary penalties imposed on institutions amounting to RM18.9 million.

National Strategy For Financial Literacy 2.0 To Be Launched In 4Q 2025

KUALA LUMPUR, March 24 (Bernama) -- The second National Strategy for Financial Literacy (NS2.0) is expected to be launched in fourth quarter of 2025 (4Q 2025), aimed at strengthening financial literacy and well-being for Malaysians.

MPRC Calls On OGSE Players To Consider Strategic Partnerships

By Siti Radziah Hamzah

KUALA LUMPUR, March 18 (Bernama) -- Malaysia's oil and gas services and equipment (OGSE) companies have been urged to consider strategic partnerships to be more competitive and get more energy transition opportunities beyond the industry.  

SWISSto12, Astrum Mobile To Launch Asia Pacific’s First Satellite-to-Device Platform  

KUALA LUMPUR, March 11 (Bernama) -- SWISSto12, a satellite manufacturer, has partnered with Astrum Mobile to deliver the first-ever Satellite-to-Device (S2D) platform in Asia Pacific.

25 Pct Increase In Capitation Grant To Strengthen State Budgets, Boost Economic Growth

By Abdul Hamid A Rahman

KUALA LUMPUR, March 11 (Bernama) -- The 25 per cent increase in the capitation grant to state governments, amounting to RM548 million effective 2026, is a significant step towards supporting state budgets.

ASEAN Should leverage RCEP, FTAs To Mitigate economic Risks From US Tariffs 

KUALA LUMPUR, March 11 (Bernama) -- ASEAN should optimise the utilisation of the Regional Comprehensive Economic Partnership (RCEP) and the upgraded ASEAN+1 Free Trade Agreements (FTAs) to mitigate the risks of economic uncertainty following the imposition of US tariffs on Canada, Mexico and China.

Capitation Grant Rate To Be Raised 25 Pct To RM548 Mln Effective 2026 - PM Anwar

PUTRAJAYA, March 9 (Bernama) -- The rate of capitation grant distributed to state governments will be increased by 25 per cent, or RM109 million, to RM548 million effective from 2026.