Labuan Holds Workshop To Drive Action-oriented Solutions, Boost Economic Competitiveness

LABUAN, April 6 (Bernama) -- Addressing regulatory gaps, infrastructure constraints, and talent shortages is critical to unlocking Labuan’s economic potential, with stakeholders calling for stronger coordination and faster policy execution to drive sustainable growth.

AM Best Affirms CMB Wing Lung Insurance Ratings With Stable Outlook

KUALA LUMPUR, April 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Hong Kong’s CMB Wing Lung Insurance Company Limited (CMBWLI), with a stable outlook.

Bank Rakyat Strengthens Cybersecurity After RM1 Mln Amp

KUALA LUMPUR, April 1 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) continues to enhance its technology infrastructure, cybersecurity controls, and operational processes to strengthen system resilience and safeguard customer information.

Airwallex Gains BNM Approval For Full Payment Services In Malaysia

KUALA LUMPUR, April 1 (Bernama) -- Airwallex, a global financial and payments platform, has secured approval from Bank Negara Malaysia (BNM) for its e-money issuing and Class A licences, enabling it to roll out a full suite of payment services in the country.

Energy Commission Reviews Several Legal, Regulatory Frameworks To Support Sector Stability

PUTRAJAYA, April 1 (Bernama) -- The Energy Commission (ST) is reviewing several legal and regulatory frameworks, including mechanisms for electricity cross-border trading, as part of its efforts to support energy sector stability and sustainable growth.

BNM Fines Bank Rakyat RM1 Mln For Cybersecurity, Customer Information Protection Breaches

KUALA LUMPUR, April 1 (Bernama) -- Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty (AMP) of RM1 million on Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) for cybersecurity and customer information protection breaches on Jan 20, 2026.

Energy Commission Will Ensure Supply Of Electricity Generation Feedstock  - CEO

PUTRAJAYA, April 1 (Bernama) -- The Energy Commission (ST) has taken steps to ensure the continued supply of feedstock, particularly gas and coal for electricity generation, as it monitors developments in West Asia with the conflict in the region entering its second month.

Airwallex Secures BNM Approval For E-money, Class A Licences In Malaysia

KUALA LUMPUR, April 1 (Bernama) -- Global financial and payments platform, Airwallex, has received approval from Bank Negara Malaysia (BNM) for its e-money issuing and Class A licences, which will provide a complete suite of payment services in Malaysia. 

Labuan IBFC Rises To 55th In Global Financial Centres Index

By Jailani Hasan

LABUAN, March 31 (Bernama) -- The Labuan International Business and Financial Centre (IBFC) is well-positioned to complement Malaysia’s broader financial ecosystem and strengthen the nation’s global appeal, said Labuan Financial Services Authority director general Affendi Rashdi.

Consumer Credit Commission Establishment Timely To Safeguard Consumers From Credit Service, BNPL Providers - BNM

KUALA LUMPUR, March 31 (Bernama) -- The establishment of the Consumer Credit Commission is timely and important in safeguarding consumers through the regulation and supervision of previously unregulated nonbank credit and credit service providers, including buy now pay later (BNPL) providers.

Financial System Remains Resilient On Strong Regulatory Framework - BNM

KUALA LUMPUR, March 31 (Bernama) -- Malaysia’s financial system remained resilient in 2025, supported by a prudent and robust regulatory environment, said Bank Negara Malaysia (BNM).

BNM Focuses On Value-based Intermediation To Advance Islamic Financial System This Year

KUALA LUMPUR, March 31 (Bernama) -- Bank Negara Malaysia (BNM) is focusing on strengthening value-based intermediation (VBI) capabilities including in sustainability and climate agenda in Islamic financial system this year.