Ending Flat-rate Loan Calculations Can Curb Household Debt, Bankruptcy Risks -- Economists

KUALA LUMPUR, Dec 24 (Bernama) -- Bank Negara Malaysia’s (BNM) proposal to abolish the flat-rate method for calculating personal financing is seen as a significant step towards improving the financial health of households, said an economist.

Ringgit Continues To Extend Loss On Fed’s Hawkish Turn

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 19 (Bernama) -- The ringgit ended lower against the US dollar on Thursday, continuing its decline after the US Federal Reserve (Fed) signalled a more cautious approach to rate cuts next year, following a 25-basis-point reduction on Wednesday.

5G Remains The Focus For Telco In 2024

By Anas Abu Hassan

KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia's telecommunications industry has seen quite an eventful year in 2024 as the country progresses toward deploying its second 5G network. 

Bursa Malaysia Opens Lower On Wall Street's Decline

KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia opened lower today, taking a cue from Wall Street’s overnight declines, said an analyst. 

MOF: Low Instances Of Using Cryptocurrency In Money Laundering

KUALA LUMPUR, Dec 18 (Bernama) -- The Ministry of Finance (MoF) has found that instances of using cryptocurrency as a medium for money laundering in Malaysia are low.

Dewan Negara Passes Five Bills Related To Business Activities In Labuan

KUALA LUMPUR, Dec 18 (Bernama) -- The Dewan Negara has passed five bills under the Ministry of Finance related to business activities in Labuan, namely the Labuan Business Activity Tax (Amendment) (No.2) Bill 2024 and the Labuan Companies (Amendment) Bill 2024.

Key Projects Make Rapid Progress, Changing Malaysia’s Transportation Landscape

KUALA LUMPUR, Dec 18 (Bernama) – Malaysia’s infrastructure landscape is undergoing significant changes, with major transportation projects driving greater connectivity and growth while transforming the skyline of cities and townships in an unprecedented manner.

FBM KLCI Ends Lower On Profit-taking, Broader Market Positive

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 6 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) ended the week slightly lower, pulling back from recent gains as profit-taking dominated amid heightened investor caution.

MOF Focusing On Progressive Taxation, Sustainable Budgeting To Prioritise Critical Sectors

KUALA LUMPUR, Dec 5 (Bernama) -- The Ministry of Finance (MoF) will focus on progressive taxation to ensure fairness, sustainable budgeting to prioritise critical sectors such as education and healthcare, and responsible debt management to support development in line with the aspirations of the MADANI Economy framework.

Positive Fiscal Trends Could Elevate Malaysia’s Rating - Maybank IB

KUALA LUMPUR, Dec 5 (Bernama) -- Malaysia's sovereign rating outlook for 2025 could see a positive shift, driven by promising fiscal developments, according to Maybank Investment Bank (Maybank IB).

Bursa Malaysia Extends Positive Momentum In Early Session

KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia extended its positive momentum in the early session on Thursday, tracking the upbeat performance on Wall Street overnight amid improving consumer confidence.

Kioxia UFS 4.0 Flash Obtains Automotive SPICE CL2 Certification, Setting Industry Benchmark  

KUALA LUMPUR, Dec 4 (Bernama) -- Kioxia Corporation, a world leader in memory solutions, has received Automotive Software Process Improvement and Capability dEtermination (ASPICE) Capability Level 2 (CL2) certification for its Universal Flash Storage (UFS) Ver. 4.0 embedded flash memory devices designed for automotive applications.