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KUALA LUMPUR, July 29 (Bernama) -- Malaysia’s household debt stood at RM1.65 trillion as of the end of March 2025, equivalent to 84.3 per cent of the nation’s gross domestic product (GDP).
KUALA LUMPUR, July 29 (Bernama) -- The government is exploring the potential of the silver economy as a new growth driver to help the nation manage the socio-economic impact of becoming an ageing society by 2043, said Deputy Economy Minister Datuk Hanifah Hajar Taib.
KUALA LUMPUR, July 28 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is considering incentives for investors that maximise the use of local ports, particularly in Penang and Kuala Perlis.
KUALA LUMPUR, July 24 (Bernama) -- The government through the Ministry of Finance (MoF) has approved a grant of RM14.39 million to the Human Rights Commission of Malaysia (SUHAKAM) in 2023 to cover operating expenses and meet the objectives of its establishment.
KUALA LUMPUR, July 23 (Bernama) -- The Ministry of Finance (MoF) will conduct a comprehensive review of improvements should the Selected Pre-Qualified Open Tender Procurement Method (Selected Pre-Q Procurement) be reintroduced in the future.
KUALA LUMPUR, July 23 (Bernama) -- The government will continue monitoring prices of goods, especially food items, to ensure that the cost of living does not increase following the expansion of the Sales and Service Tax (SST) which comes into force this month, said Deputy Finance Minister Lim Hui Ying.
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.
KUALA LUMPUR, June 25 (Bernama) -- Kyrgyz Republic President Sadyr Zhaparov today attended a meeting session with representatives of Malaysian companies to explore business cooperation and investment opportunities between the two countries.
KUALA LUMPUR, June 13 (Bernama) -- The 13th Malaysia Plan 2026–2030 (13MP) will serve as the jumping-off point in the government’s efforts to address the nation’s economic challenges, according to Prime Minister Datuk Seri Anwar Ibrahim.
