5m ago
KUALA LUMPUR, Aug 7 (Bernama) -- A total of 168,967 'Buy Now Pay Later' (BNPL) account holders, or 2.6 per cent of the total 6.5 million users, had outstanding balances as at June 30, 2025, said Deputy Finance Minister Lim Hui Ying.
6m ago
KUALA LUMPUR, Aug 4 (Bernama) -- Buy Now, Pay Later (BNPL) facilities remain under control, but regulatory measures are being strengthened to protect consumers through the Consumer Credit Act 2025 (CCA).
6m ago
KUALA LUMPUR, Aug 4 (Bernama) -- AIA Public Takaful Bhd has declared a record surplus of RM84 million to be distributed to eligible certificate holders for the financial year ended Dec 31, 2024 (FY2024).
6m ago
By Mikhail Raj Abdullah
KUALA LUMPUR, July 31 (Bernama) – The 13th Malaysia Plan (13MP) unveiled by Prime Minister Datuk Seri Anwar Ibrahim today contains actionable insights with practical people-centric strategies that aim to create value across a wide spectrum of sectors and transform the economy to be competitive internationally in the next five years and beyond.
6m ago
KUALA LUMPUR, July 31 (Bernama) -- The 13th Malaysia Plan (13MP) will likely target sustainable gross domestic product (GDP) growth of 4.0-5.0 per cent annually from 2026 to 2030, driven by infrastructure development, domestic consumption and strategic initiatives like the Johor-Singapore Special Economic Zone, according to MBSB Investment Bank (MBSB Research).
6m ago
KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia opened lower on Wednesday, tracking losses from overnight Wall Street performance as profit-taking emerged ahead of the United States (US) Federal Reserve (Fed) interest rate cut decision later today.
6m ago
KUALA LUMPUR, July 29 (Bernama) -- The International Monetary Fund (IMF) has raised its forecast for Malaysia's real gross domestic product (GDP) growth to 4.5 per cent in 2025 and 4.0 per cent in 2026.
6m ago
KUALA LUMPUR, July 21 (Bernama) -- The Consumer Credit Commission (CCC) will implement a comprehensive and sustainable regulatory framework for the “buy now, pay later” (BNPL) scheme to ensure the public does not fall into debt traps or face a rise in bankruptcy cases.
6m ago
KUALA LUMPUR, July 15 (Bernama) -- Luxchem Corporation Bhd, via its wholly-owned subsidiary Luxchem Trading Sdn Bhd (LTSB), has signed agreements to acquire five leasehold industrial plots in Mukim Kapar, Klang, for RM45.6 million.
6m ago
KUALA LUMPUR, July 9 (Bernama) -- Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour on the Overnight Policy Rate (OPR).
6m ago
KUALA LUMPUR, July 9 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has reduced the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent today.
6m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, July 9 (Bernama) -- Salary increases, along with the expansion of recipients and higher allocations under the public assistance programme, are expected to cushion the short-term impact of rising prices following the expansion of the Sales and Service Tax (SST).