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CGC Awards 2024 Celebrates 30 Years Of Empowering MSMEs 

KUALA LUMPUR, Aug 1 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) marked a major milestone with the 30th edition of the CGC Awards, celebrating three decades of dedication to the growth of Malaysia’s micro, small and medium enterprises (MSMEs) and the broader financial ecosystem.

Amir Hamzah: 13MP To Drive High-value Economic Growth, Sustain Trade Surplus

KUALA LUMPUR, August 1 (Bernama) -- The government anticipates that Malaysia’s trade surplus will remain stable under the 13th Malaysia Plan (13MP), supported by the growth of high-value industries and a transition towards increased economic complexity, said Datuk Seri Amir Hamzah Azizan.

Financial Sector Must Play Key Role In Enabling SMEs In Strategic Growth Sectors -- BNM Governor

KUALA LUMPUR, July 31 (Bernama) -- As Malaysia charts its path forward under the 13th Malaysia Plan (13MP), the financial sector must play a transformative role in enabling small and medium enterprises (SMEs) to participate meaningfully in strategic growth sectors, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

Malaysia Hosts High-Level SDMX Workshop To Strengthen Regional Statistical Capacity

IPOH, July 31 (Bernama) -- Malaysia recently hosted International Workshop on Advanced Statistical Data and Metadata Exchange (SDMX) at the Malaysian Statistical Training Institute (ILSM) in Sungkai, Perak.

Bank Islam Appoints New Group CFO Effective Aug 1

KUALA LUMPUR, July 31 (Bernama) -- Bank Islam Malaysia Bhd has appointed Siti Nur Huda Sufian as group chief financial officer (CFO) effective Aug 1, 2025 to succeed Azizan Abd Aziz.

MITI Continues To Strengthen State-level Initiatives Under NSS

KUALA LUMPUR, July 31 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will continue to strengthen state-level initiatives that align with national aspirations and provide a conducive environment for their implementation under the National Semiconductor Strategy (NSS).

BNM: Malaysia’s Official Reserve Assets At US$120.61 Bln As Of End-June 2025

KUALA LUMPUR, July 31 (Bernama) -- Malaysia’s official reserve assets amounted to US$120.61 billion (US$1= RM4.23) as of end-June 2025, while other foreign currency assets stood at US$1.21 billion, according to Bank Negara Malaysia (BNM).

Petronas Sets Up Transition Council, Human Capital Development Committee Following Restructuring

KUALA LUMPUR, July 30 (Bernama) -- Petroliam Nasional Bhd (Petronas) has established a Transition Council and a Human Capital Development Committee aimed at coordinating a fair and structured redeployment of staff following the company's organisational restructuring.

BNM Imposes Penalties On BIMB, Bank Rakyat And BSN For Non-compliance

KUALA LUMPUR, July 30 (Bernama) -- Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty (AMP) totalling RM3.445 million on Bank Islam Malaysia Bhd (BIMB) for non-compliance with the Islamic Financial Services Act 2013 (IFSA) and the relevant policy documents.

Cross-border Insolvency Bill 2025 Supports Efforts To Attract FDI, Strengthen National Economy - Azalina

KUALA LUMPUR, July 29 (Bernama) -- The enactment of the Cross-Border Insolvency Bill 2025 is expected to support Malaysia’s long-term goal of attracting foreign direct investments (FDI) as well as strengthening the nation’s economic stability.

Airwallex Secures CMS Licence, Launches Investment Product For Singapore Businesses

KUALA LUMPUR, July 29 (Bernama) -- Airwallex has clinched a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS), paving the way for its latest offering, Airwallex Yield, to launch in the city-state.

Household Debt At RM1.65 Trillion At End-March 2025 - Lim Hui Ying

KUALA LUMPUR, July 29 (Bernama) -- Malaysia’s household debt stood at RM1.65 trillion as of the end of March 2025, equivalent to 84.3 per cent of the nation’s gross domestic product (GDP).