BUDI95 Initiative Targets Fairer Subsidy, Boosts Income Equity --  Economists

KUALA LUMPUR, Oct 1 (Bernama) -- The BUDI95 petrol subsidy initiative strengthens income distribution and could improve fairness in how national resources are shared by five to 10 per cent, in line with ASEAN peers, an economist said.

Personal Loan Applicants Exceeding RM100,000 To Attend Financial Education Module - BNM

By Nor Baizura Basri

KUALA LUMPUR, Sept 30 (Bernama) -- Consumers applying for personal financing with amounts exceeding RM100,000 will need to attend and complete a financial education module, according to Bank Negara Malaysia (BNM) today.

Hanshow Powers FairPrice Group’s Flagship “Store Of Tomorrow” With Smart Retail Solutions

KUALA LUMPUR, Sept 29 (Bernama) -- Hanshow, a global leader in digital retail solutions, has provided advanced digital solutions to support FairPrice Group (FPG) for its newest FairPrice Finest store at Punggol Digital District, Singapore.

Jeju’s Sumang Expands Global Footprint With Premium Green Tea

KUALA LUMPUR, Sept 25 (Bernama) -- Clean Jeju Green Tea Agricultural Cooperative, better known as ‘Sumang’, has revealed that it is expanding its global presence with Hojicha, the recently launched premium organic green tea, and matcha produced on Jeju Island.

Record Growth For 9.9 Mega Brands Sale, LazMall AOV Grows 10 Pct - Lazada

KUALA LUMPUR, Sept 25 (Bernama) -- Lazada Malaysia achieved a record-breaking performance in this year’s 9.9 Mega Brands Sale, with average order value (AOV) on LazMall in Malaysia growing 10 per cent year-on-year (y-o-y) compared to 2024.

SGMW Showcases Intelligent Manufacturing, New Energy Innovations At 22nd ASEAN Expo

KUALA LUMPUR, Sept 25 (Bernama) -- SAIC-GM-Wuling (SGMW) concluded its participation at the 22nd ASEAN Expo by unveiling its Intelligent Island Manufacturing System (I²MS), New Energy Technology Matrix, and Starlight 730 Right-Hand Drive (RHD) version under the theme of “Wuling Going Global with New Quality”.

Mavenir To Deploy Core Network For Iridium's Global Satellite, Direct-to-Device Services

KUALA LUMPUR, Sept 24 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has been selected by Iridium Communications Inc to deploy the core network of its Non-Terrestrial Network (NTN), helping to enable 3GPP-based Direct-to-Device (D2D) services.

HARMAN Acquires Sound United, Expanding Global Audio Leadership

KUALA LUMPUR, Sept 24 (Bernama) -- HARMAN International (HARMAN), a wholly-owned subsidiary of Samsung Electronics Co Ltd, has completed the acquisition of Sound United, the former consumer audio business of Masimo Corporation.

Ringgit Extends Gains On RON95 Subsidy Reform

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday, extending gains as market confidence was lifted by the government’s firm policy stance following the rationalisation of RON95 subsidies.

Govt Has No Plans To Review Five-Cent Rounding Mechanism — Amir Hamzah

BATU KAWAN, Sept 22 (Bernama) -- The government has no plans, for now, to review the rounding mechanism to the nearest five cents, which has been in place since 2008.

FICO Poll: Only 11 Pct Of APAC Banks Highly Advanced In Hyper-Personalisation

KUALA LUMPUR, Sept 22 (Bernama) -- Despite widespread adoption of predictive analytics, only 11 per cent of banks in Asia Pacific (APAC) consider their hyper-personalisation strategies to be highly advanced, according to an industry poll conducted by global analytics software leader FICO.

BHPetrol Engine Oil Awarded SIRIM Pure Product Certification

KUALA LUMPUR, Sept 22 (Bernama) -- Boustead Petroleum Marketing Sdn Bhd (BHPetrol) engine oil has officially received the SIRIM Pure Product Certification License from SIRIM QAS International, thus further strengthening the brand’s position in the national engine oil market.