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Islamic Finance Must Leverage Climate Action, Digital Inclusion, Islamic Innovation To Benefit World -- SC Chair

KUALA LUMPUR, Sept 8 (Bernama) -- Islamic finance must leverage three key drivers, mainly climate action, digital inclusion and Islamic innovation, to serve a higher purpose for Malaysia, Oman and the rest of the world, said Securities Commission (SC) chairman Datuk Mohammad Faiz Azmi.

Govt Finalising RON95 Subsidy Eligibility – Amir Hamzah

KUALA LUMPUR, Sept 8 (Bernama) -- The government is in the final stage of concluding eligibility criteria and implementation methods for RON95 fuel subsidies with stakeholders, Finance Minister II Datuk Seri Amir Hamzah Azizan said.

Wellous, Korea Ginseng Corporation Ink Partnership To Drive Health, Wellness Growth In Asia

KUALA LUMPUR, Sept 8 (Bernama) -- Wellous Sdn Bhd, owner of Malaysian health brand Wellous, has signed a memorandum of understanding (MoU) with Korea Ginseng Corporation (KGC) to explore joint commercial models and market development for the Jung Kwan Jang brand across selected Asian markets.

Gold Futures To Remain Rangebound Next Week Ahead Of US Inflation Cues

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 6 (Bernama) -- Trading of gold futures on Bursa Malaysia Derivatives are expected to remain rangebound next week as traders refrain from aggressively pricing in the United States (US) Federal Reserve (Fed) rate cuts beyond September while awaiting clearer signals from upcoming inflation data.

Kuching Included In Malaysia Airlines' Bonus Side Trip Programme

KUCHING, Sept 5 (Bernama) -- The Sarawak Tourism Board (STB) announced today that Kuching has been included as the eighth destination under Malaysia Airlines’ Bonus Side Trip (BST) programme, making it the only Bornean destination in the initiative.

Consumer Credit Act 2025 To Be Gazetted By Year-end

PUTRAJAYA, Sept 5 (Bernama) -- The Consumer Credit Act 2025 (RUUKP) is expected to be gazetted by the end of this year, providing a more comprehensive protection for consumers through the regulation of excessive charges and the enforcement of ethical debt collection practices.

Palm Oil: Malaysia On The Right Track To Be Classified As Low-risk Country - Johari

KUALA LANGAT, Sept 5 (Bernama) -- Malaysia is on the right track to be classified as a low-risk country in palm oil production, particularly with its mandatory Malaysian Sustainable Palm Oil (MSPO) certification, said Plantations and Commodities Minister Datuk Seri Johari Abdul Ghani. 

BMI: Clear CCUS Regulations, Fiscal Incentives Boost Malaysia’s Investor Appeal

KUALA LUMPUR, Sept 5 (Bernama) -- Malaysia’s robust regulatory framework and fiscal incentives for carbon capture, utilisation and storage (CCUS) are making it more attractive for near-term investments and project development.

BNM Expected To Hold OPR At 2.75 Pct Through Remainder Of 2025, Say Analysts

KUALA LUMPUR, Sept 4 (Bernama) -- Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 2.75 per cent through the remainder of 2025, assuming that Malaysia's economic growth stays within the official 4.0-4.8 per cent range and inflation remains contained, said an investment bank. 

Market Determines Vehicle Prices, Not The Govt -- MITI

KUALA LUMPUR, Sept 4 (Bernama) -- Vehicle selling prices in Malaysia are not controlled by the government and are determined by the market, according to the Ministry of Investment, Trade and Industry (MITI).

BNM Keeps OPR Steady, Signals Confidence In Economy – Economist

By Karina Imran

KUALA LUMPUR, Sept 4 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to keep the overnight policy rate (OPR) unchanged signals confidence that the current economic environment is conducive to supporting growth without risking overheating or financial imbalances, said an economist. 

Ambank To Extend RM780 Mln In Financing For E&O’s Andaman Island Project

KUALA LUMPUR, Sept 4 (Bernama) -- AmBank Group will provide RM780 million in financing to Tanjung Pinang Development Sdn Bhd (TPD), a subsidiary of Eastern & Oriental Bhd (E&O), for the Andaman Island project.