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There are 102 news based on search keyword "banking sector"

New Hire-purchase Rules To Benefit Borrowers, Minimal Impact On Banks

KUALA LUMPUR, March 18 (Bernama) -- The introduction of key amendments to hire-purchase financing practices under the Hire-Purchase (Amendment) Act 2026 (HPAA) marks a significant move in strengthening borrowers’ protection, particularly for those looking to sell vehicles before their financing contracts mature, an economist said.

Bursa Malaysia Rebounds On Bargain Hunting, In Sync With Positive Regional Markets

KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia rebounded after two days of losses to close higher on Tuesday, driven by bargain-hunting activities and in line with the upbeat regional market performance. 

Rakuten Trade Forecasts FBM KLCI At 1,800 In 2026 Amid Global Uncertainty

KUALA LUMPUR, March 13 (Bernama) -- Rakuten Trade has revised its forecast for the FTSE Bursa Malaysia KLCI (FBM KLCI) slightly lower at 1,800 for 2026 from 1,810 previously in view of the overhanging uncertainty.

Consumer Credit Commission Names Abu Hassan Alshari Yahaya As Executive Chairman

KUALA LUMPUR, March 9 (Bernama) -- The Consumer Credit Commission (SKP) has announced the appointment of former Bank Negara Malaysia (BNM) assistant governor Abu Hassan Alshari Yahaya as its executive chairman to lead the first leadership line-up following the enforcement of the Consumer Credit Act 2025 on March 1, 2026.

Bursa Malaysia Lower In Early Trade Amid Weaker Wall Street Overnight

KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia opened slightly lower on Wednesday, tracking Wall Street’s weaker performance overnight.

Bargain Hunting Lifts Bursa Malaysia In Early Trade

KUALA LUMPUR, March 3 (Bernama) -- Bursa Malaysia rebounded to open higher on Tuesday as bargain hunting emerged after yesterday’s sell-off.

BNM Likely To Maintain OPR At 2.75 Pct -- Bank Muamalat

KUALA LUMPUR, March 2 (Bernama) -- Bank Negara Malaysia (BNM) is likely to keep the Overnight Policy Rate (OPR) at 2.75 per cent when the Monetary Policy Committee (MPC) meets this Thursday, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

Bursa Malaysia Likely To Trade Higher Next Week, To Test 1,770 Level

By Danni Haizal Danial Donald

KUALA LUMPUR, Feb 21 (Bernama) -- Bursa Malaysia is likely to trade higher next week, testing the 1,770 level as investors are expected to face an active period ahead of the earnings season.

Market Assessments Raise Malaysia’s Growth Outlook To 4.5–5.0 Pct This Year -- PM Anwar

KUALA LUMPUR, Feb 7 (Bernama) -- Current market assessments place Malaysia’s economic growth in the range of 4.5 to 5.0 per cent in 2026, reflecting strengthening domestic demand and continued investment momentum, in line with expectations from the Finance Ministry and international institutions, said Prime Minister Datuk Seri Anwar Ibrahim.

Bursa Malaysia Poised For Constructive Upward Bias Next Week

By Karina Imran

KUALA LUMPUR, Jan 31 (Bernama) -- Bursa Malaysia is expected to trade within a constructive upward bias in the 1,730-1,760 range next week, with immediate support around the 1,700 level. 

Policy Certainty, Reforms And Current External Factors Are Working For Ringgit - BNM Governor

By M.Saraswathi & Karina Imran

KUALA LUMPUR, Jan 27 (Bernama) -- Policy certainty, ongoing government reforms and supportive external factors have contributed to the ringgit’s steady appreciation to levels last seen in 2018, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

Bursa Malaysia Rallies Early, CI Tops 1,720 Level

KUALA LUMPUR, Jan 16 (Bernama) -- Bursa Malaysia opened higher on Friday, tracking firmer overnight performance on Wall Street and improved local sentiment ahead of the advance estimate of the fourth-quarter 2025 (4Q2025) gross domestic product (GDP) due later today.