Netpoleon Leads Charge In Singapore’s Digital Content Revolution With Box Partnership

KUALA LUMPUR, Aug 7 (Bernama) -- Netpoleon Solutions, a group company of Macnica Inc, has joined forces with Box Inc to deliver cutting-edge Intelligent Content Management (ICM) solutions to organisations across Singapore.

BNM’s International Reserves Rise To US$121.3 Bln as At July 31

KUALA LUMPUR, Aug 7 (Bernama) -- Bank Negara Malaysia’s (BNM) international reserves rose to US$121.3 billion (US$1=RM4.218) as at July 31, 2025.

Government Mulls Raising Tobacco Tax — Anwar

PUTRAJAYA, Aug 7 (Bernama) -- The government is considering a proposal to raise the tobacco tax rate, Prime Minister Datuk Seri Anwar Ibrahim said on Thursday.

MOF: EPF Monthly Payout Plan Won’t Affect Current Withdrawals

KUALA LUMPUR, Aug 7 (Bernama) -- The proposed implementation of monthly pension-style payments for Employees Provident Fund (EPF) members, announced during the tabling of the 13th Malaysia Plan (13MP), will not affect the withdrawal rights of existing members, said Deputy Finance Minister Lim Hui Ying.

Over 160,000 BNPL Users Have RM121.8 Mln In Overdue Debt - Lim

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.

Islamic Finance Must Evolve To Stay Competitive - Bursa Malaysia CEO

KUALA LUMPUR, Aug 7 (Bernama) – The growth of Islamic finance will be driven by greater connectivity across asset classes, geographies and generations -- and not just by compliance -- as a generational shift in investor demographics brings in younger, digital-native and value-conscious investors.

Cloudera Powers Bank Negara Indonesia’s Enterprise-wide AI Expansion With Secure, Scalable Platform

KUALA LUMPUR, Aug 7 (Bernama) -- Cloudera, a data and artificial intelligence (AI) platform company, announced it has strengthened its partnership with Bank Negara Indonesia (BNI) to scale AI innovation across the enterprise.

2026 Budget Is The First To Support The Goals Of The 13th Malaysia Plan -- Amir

PUTRAJAYA, August 7 (Bernama) -- The 2026 Budget, which will be tabled this October in the Dewan Rakyat, marks the first budget to support the goals of the 13th Malaysia Plan and will focus on three main pillars, namely raising the ceiling, raising the floor, and strengthening good governance in the public administration.

Penang Mulls Botanical Gardens-Gurney Bay Cable Car Link

GEORGE TOWN, Aug 6 (Bernama) -- The Penang government has requested Hartasuma Sdn Bhd, the concessionaire for the Penang Hill cable car project, to conduct a feasibility study on a proposed new cable car route linking the Botanical Gardens to Gurney Bay.

Banks, Fintech Players Step Up Cross-border Expansion And Collaboration In ASEAN

KUALA LUMPUR, Aug 6 (Bernama) -- Financial institutions and financial technology (fintech) players are intensifying their focus on expanding across ASEAN, adopting tailored strategies to strengthen their presence in the region’s digital financial services landscape.

Govt To Study Possibility Of Enhancing Localisation Terms For Foreign Investors, Says Liew

KUALA LUMPUR, Aug 6 (Bernama) -- The government will review the possibility of strengthening localisation requirements imposed on foreign investors to create a more resilient ecosystem in Malaysia, enabling local companies to benefit from spillover effects.

Ringgit Ends Higher Against US Dollar On Fed Rate Cut Hopes

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 5 (Bernama) -- The ringgit continued to close higher against the US dollar as expectations of an interest rate cut by the US Federal Reserve (Fed) gained momentum, said an analyst.