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Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, June 30 (Bernama) -- The ringgit extended last week's gains, opening stronger against the US dollar and a basket of major currencies, and supported by a softer US Dollar Index (DXY) amid expectations of tax and spending cuts being deliberated in the United States’ Senate. 

Fitch Keeps 'Neutral' Outlook On Malaysia's Banking Sector, Revises Outlooks For Some Asian Countries

KUALA LUMPUR, June 19 (Bernama) -- Fitch Ratings has maintained its “neutral” outlook on Malaysia’s banking sector for 2025 while adjusting the outlooks for several Asia-Pacific countries amid trade war exposures.

BNM Plans To Make Financial Education Network Proaktif Mandatory For Youth

KUALA LUMPUR, June 17 (Bernama) -- Bank Negara Malaysia (BNM) plans to make its money literacy programme, called Financial Education Network (FEN) Proaktif, mandatory for the youth.

MoneyHero Narrows Q1 Loss, Targets Profitability In H2 2025

KUALA LUMPUR, June 16 (Bernama) -- MoneyHero Limited (MoneyHero) has reported a significant reduction in losses for the first quarter (Q1) ended March 31, 2025, marking progress in its strategic pivot toward higher-margin verticals such as insurance and wealth products.

KBRA Expands Global Presence With New Tokyo Office

KUALA LUMPUR, June 16 (Bernama) -- Kroll Bond Rating Agency LLC (KBRA) has announced the opening of its new office in Tokyo, Japan, marking its first establishment in the Asia-Pacific (APAC) region as part of its international expansion strategy.

Taiwan’s Non-life Premiums Rise On Improved Underwriting Practices - AM Best

KUALA LUMPUR, June 16 (Bernama) -- Global credit rating agency, AM Best in its new report, has unveiled that Taiwan’s domestic non-life insurance premium continued to increase in 2024, growing 10.5 per cent to reach TWD 278.5 billion (US$9.2 billion). (US$1=RM4.23)

BSN Micro MADANI Carnival An Initiative To Boost Malaysian Micro Entrepreneurs

KUALA LUMPUR, June 16 (Bernama) — The launch of Bank Simpanan Nasional's (BSN) Micro MADANI Carnival at Pasar Payang, Kuala Terengganu is an inclusive, community-focused initiative to empower micro-entrepreneurs and to support local economic growth.

AirAsia Offers 50 Pct Discount For Media To Travel, Promote Integration Within ASEAN

KUALA LUMPUR, June 14 (Bernama) -- AirAsia, a strong proponent of ASEAN integration, is offering a 50 per cent discount to 12,000 accredited media personnel to travel to 57 destinations across the bloc’s 10 member states.

Malaysia Wholesale, Retail Trade Sales Reached RM151.7 Bln In April 2025 -- DOSM

KUALA LUMPUR, June 13 (Bernama) -- Malaysia’s April 2025 wholesale and retail trade registered total sales of RM151.7 billion, reflecting a 4.7 per cent growth year-on-year (y-o-y), according to the Statistics Department Malaysia (DOSM).

EXIM Bank Strengthens Central Asian Ties, Benefits Malaysian Businesses And Regional Partners

KUALA LUMPUR, June 13 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) will focus on strengthening Central Asian ties through strategic engagements to benefit Malaysian businesses and regional partners. 

Ringgit Opens Higher Against Greenback As US-China Trade Talks Resume

KUALA LUMPUR, June 11 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, as the market resumed its observation on further trade negotiations between the United States (US) and China in London, an analyst said.

CGC Digital, B2B Finpal Launch Short-term Financing For MSMEs

KUALA LUMPUR, June 9 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd’s (CGC) financial technology subsidiary, CGC Digital, has partnered with peer-to-peer (P2P) financing platform B2B Finpal to launch a short-term financing scheme aimed at improving capital access for micro, small and medium enterprises (MSMEs).