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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.
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KUALA LUMPUR, Oct 13 (Bernama) -- Bank Pembangunan Malaysia Bhd (BPMB) will spearhead over RM9 billion worth of strategic initiatives under Budget 2026 to drive the MADANI Economy vision through impact-driven financing, export facilitation and micro, small and medium enterprises (MSMEs) ecosystem development.
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KUALA LUMPUR, Oct 13 (Bernama) -- Malaysia’s medical tourism industry is expected to sustain strong growth, supported by targeted initiatives and strategic partnerships, said BMI, a Fitch Solutions company.
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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.
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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).
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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.
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NILAI, Oct 12 (Bernama) -- National motorcycle maker Motosikal dan Enjin Nasional Sdn Bhd (Modenas), the local assembler of Kawasaki motorcycles, has teamed up with with Sendayan Motor Sdn Bhd for the opening of Malaysia’s 10th Kawasaki All Star 4S (Sales, Spare Parts, Showroom, Services) Centre here today.
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KUALA LUMPUR, Oct 11 (Bernama) -- The Malaysian Automotive Association (MAA) has urged the government to consider maintaining a balanced policy framework that continues to support both completely built up (CBU) and completely knocked down (CKD) electric vehicle (EVs) segments.
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KUALA LUMPUR, Oct 11 (Bernama) -- The proposed inclusion of Lemon Law under the Consumer Protection Act 1999, which will protect buyers from purchasing defective vehicles, is broadly positive for market confidence as it could encourage consumers to consider new automotive brands, according to RHB Investment Bank Bhd.
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KUALA LUMPUR, Oct 11 (Bernama) -- Budget 2026 reinforces the government’s commitment to strengthening tax governance and anti-leakage measures, reflecting continued efforts to enhance fiscal transparency and enforcement, said PwC Malaysia.
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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.
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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).