KUALA LUMPUR, Oct 13 (Bernama) -- Bank Negara Malaysia (BNM) will adopt the Malaysian Islamic Overnight Rate (MYOR-i) as the mandatory reference rate for all Islamic financial products beginning July 1, 2027, marking a major structural reform in the country’s Islamic finance landscape.
KUALA LUMPUR, Oct 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has highlighted that Malaysia is consistently recognised as a trusted global Islamic finance hub, where investors find stability, clarity, and opportunity, reflecting the country’s ethical foundations in the sector.
KUALA LUMPUR, Oct 12 (Bernama) -- Transformational shifts, driven by strong leadership, can redefine and elevate the role of Islamic finance, and shape a more inclusive and sustainable financial system, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 12 (Bernama) -- The Subang Airport Regeneration Plan (SARP) must be strategically implemented, accompanied by supporting infrastructure and public transport connectivity, said the Malaysia Institute of Transport (MiTRANS).
KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2026 strikes a balance between delivering investment stimulus, supporting the growth of new economic sectors and providing social relief, while maintaining fiscal discipline to stay on track with the Fiscal Responsibility Act’s medium-term target of a 3.0 per cent budget deficit to gross domestic product.
KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2026 marks a decisive shift in Malaysia’s economic direction from subsidy-driven consumption to investment-driven transformation as the government pursues fiscal consolidation while sustaining growth momentum, economists said.
KUALA LUMPUR, Oct 11 (Bernama) -- The government’s continued efforts to promote financial inclusion and raise awareness about the importance of life insurance protection through the extension of tax relief and stamp duty can encourage parents, especially young families, to plan early for their children’s financial security.
KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2026 is seen as a balanced one in its broad direction as it continues the government’s fiscal consolidation efforts through deficit reduction measures, said the Federation of Malaysian Manufacturers (FMM).
KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2026 nurtures sustainable and responsible growth, empowers citizens to embrace wealth creation, and encourages diversity -- all key factors to move forward as a progressive society, said Bursa Malaysia Bhd.
KUALA LUMPUR, Oct 10 (Bernama) -- The Malaysian Palm Oil Board (MPOB) has lauded the specific allocation in Budget 2026 to the palm oil sector, which reflects the government’s recognition of the industry as a key contributor to the national economy.
KUALA LUMPUR, Oct 10 (Bernama) -- Thanks to scientific findings, Malaysia has succeeded in countering Western criticism of palm oil through increased exports, especially to China and India, said Prime Minister Datuk Seri Anwar Ibrahim.
By Sharifah Hunaini Syed Ismail, Niam Seet Wei and Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has galvanised RM470 billion resources in Budget 2026, prioritising economic resilience and expanded support for small businesses to future-proof the economy amid persistent global uncertainties and regional headwinds and also goes hard on enforcement to prevent economic leakages.
