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Public Mutual Declares Distributions Of Over RM99 Mln For Four Funds

KUALA LUMPUR, April 30 (Bernama) -- Public Mutual, a wholly owned subsidiary of Public Bank, has declared distributions amounting to more than RM99 million for four funds for the financial year ended April 30, 2026.

Malaysia's Rising MHIT Costs Mainly Driven By Higher Healthcare Use -- World Bank

KUALA LUMPUR, April 28 (Bernama) -- Cost pressures in Malaysia’s medical and health insurance/takaful (MHIT) sector are driven mainly by higher utilisation of healthcare services and misaligned incentives, rather than sharp increases in treatment prices, according to a World Bank Group report.

Bank Rakyat Offers Payment Deferment To Sandakan Fire Victims

KUALA LUMPUR, April 23 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) is offering a deferment of financing instalment payments for up to six months to its customers who were affected by a fire incident in Kampung Bahagia, Sandakan, Sabah.

PayNet Processed 8.44 Bln Transactions In 2025, Reflecting Growing Preference For Digital Payments

KUALA LUMPUR, April 23 (Bernama) -- Payments Network Malaysia Sdn Bhd (PayNet) processed 8.44 billion digital payment transactions in 2025, reflecting how digital payments are increasingly the preferred payment method across Malaysia, driven by continued adoption across banks, non-banks participants, businesses and consumers.

RM10 Bln Support To Strengthen MSMEs’ Resilience Against Impact Of The West Asia Crisis

KUALA LUMPUR, April 21 (Bernama) -- The government’s combined RM10 billion support for micro, small and medium enterprises (MSMEs) is expected to strengthen their resilience against the impact of the West Asia crisis, says an economist.

Sabah Electricity Eyes 400,000 Subscribers For New MySE+ Mobile App

KOTA KINABALU, April 21 (Bernama) -- Sabah Electricity Sdn Bhd (SESB) is targeting 400,000 subscriptions for its newly launched MySE+ mobile application, from a base of 725,000 existing consumer accounts.

Credit Guarantees, Regulatory Relief Support MSMEs Amid Energy Crisis

By Siti Noor Afera Abu

KUALA LUMPUR, April 20 (Bernama) -- The Malaysian government has moved swiftly to roll out targeted assistance measures to help micro, small and medium-sized enterprises (MSMEs) sustain operations amid a global energy crisis triggered by conflict in West Asia, as authorities acknowledge mounting pressures on small businesses.

Takaful Malaysia Celebrates Two Grand Prize Winners Of Mini Worries, Great Prizes Campaign

KUALA LUMPUR, April 16 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) marked a special milestone with the celebration of two grand prize winners of its Mini Worries, Great Prizes campaign, each of whom drove home a BYD Atto 3 Ultra.

Bank Rakyat Declares 18 Per Cent Dividend, Totalling RM534.7 Million For FY2025

KUALA LUMPUR, April 16 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) has announced a dividend payment of 18 per cent, amounting to RM534.7 million for the financial year ended Dec 31, 2025 (FY 2025).

PayNet To Expand Cashless Initiatives Across More Tertiary Institutions

KUALA LUMPUR, April 15 (Bernama) -- Payments Network Malaysia Sdn Bhd (PayNet) plans to expand its cashless payment initiatives to more tertiary education institutions, in collaboration with universities and student councils, as part of efforts to deepen digital payment adoption among students.

Ryt Bank Tops 1.2 Mln Users In Just Over Seven Months

KUALA LUMPUR, April 14 (Bernama) -- Ryt Bank said it has surpassed 1.2 million users in just over seven months since its launch in August 2025, reflecting the trust Malaysians place in the platform and positioning it as one of the fastest-growing digital banks in the country.

Salihin Group Forges Strategic Partnerships To Tap Sarawak Market, Expand Globally

KUALA LUMPUR, April 13 (Bernama) -- Salihin Group has formed collaborations with Danawa Resources Sdn Bhd, Rahman Rohaida Advocates and Solicitors, and Neurogine Sdn Bhd to penetrate the Sarawak market, while using it as a springboard for broader regional and global expansion.