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AIIB, Four Local Banks To Mobilise Up To US$6 Bln For ASEAN Infrastructure Projects

KUALA LUMPUR, Oct 30 (Bernama) -- The Asian Infrastructure Investment Bank (AIIB) has inked cooperation agreements with four local banks to mobilise up to US$6 billion (US$1=RM4.1835) for sustainable and technology-enabled infrastructure projects across the ASEAN region. 

UOB Malaysia, Prudential Launch PRUSupreme Legacy For Cross-border Wealth Planning

KUALA LUMPUR, Oct 30 (Bernama)-- UOB Malaysia and Prudential Assurance Malaysia Bhd (PAMB) have introduced PRUSupreme Legacy, an insurance plan that supports families with cross-border legacy planning and maximises the value of their inheritance.

BNM To Issue Policy Document To Broaden Takaful Industry

KUALA LUMPUR, Oct 30 (Bernama) -- Bank Negara Malaysia (BNM) plans to issue a policy document on the broader application of ta`awun (mutual assistance) in takaful by the end of this year, outlining shariah and regulatory requirements to unlock the full potential of the industry in fostering financial resilience and inclusion.

OTS Holdings Opens RM40 Mln Halal Advanced Food Manufacturing Facility In Johor

JOHOR BAHRU, Oct 29 (Bernama) -- Brand builder and food manufacturing group OTS Holdings Ltd has expanded its halal production capacity with the opening of a new RM40 million advanced food manufacturing facility in Simpang Renggam, Johor.

MIDA, CIMB Collaborate To Drive Sustainable Growth, Boost Malaysia's Competitiveness

KUALA LUMPUR, Oct 23 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and CIMB Bank Bhd have signed a memorandum of understanding (MOU) to accelerate high-value, sustainable investments, deepen industrial ecosystems, and enhance Malaysia’s competitiveness.

MIDA Secures RM7.3 Bln Potential Green Investments At IGEM 2025

KUALA LUMPUR, Oct 21 (Bernama) -- The Malaysian Investment Development Authority (MIDA) has secured RM7.3 billion potential green investments during the International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM) 2025.

Ringgit Closes Higher As US Banking Worries Weigh On Greenback

By Anas Abu Hassan

KUALA LUMPUR, Oct 17 (Bernama) -- The ringgit ended the week marginally higher against the American dollar on Friday as worries over US banks weighed on the greenback amid US-China trade tensions.

Bursa Opens Higher Despite Cautious Market Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 17 (Bernama) -- Bursa Malaysia opened higher on Friday, supported by buying in selected heavyweights despite cautious sentiment following Wall Street’s weaker overnight performance.

Bank Negara Malaysia To Adopt MYOR-i As Mandatory Islamic Benchmark Rate From July 2027

KUALA LUMPUR, Oct 13 (Bernama) -- Bank Negara Malaysia (BNM) will adopt the Malaysian Islamic Overnight Rate (MYOR-i) as the mandatory reference rate for all Islamic financial products beginning July 1, 2027, marking a major structural reform in the country’s Islamic finance landscape.

Budget 2026 Balances Growth And Welfare Aspirations With Fiscal Discipline -- Maybank

KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2026 strikes a balance between delivering investment stimulus, supporting the growth of new economic sectors and providing social relief, while maintaining fiscal discipline to stay on track with the Fiscal Responsibility Act’s medium-term target of a 3.0 per cent budget deficit to gross domestic product.

Banks Welcome Facilities To Help Small Enterprises Scale Up, Strengthen Resilience

KUALA LUMPUR, Oct 10 (Bernama) -- The announcement on financing guarantees, entrepreneurship incentives and digitalisation programmes for small enterprises in Budget 2026 will enable them to scale and strengthen resilience, said banks.

Malaysia’s Financial Market Outlook Remains Positive On Strong Fundamentals, Supportive Monetary Policy

By Karina Imran and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia’s financial market outlook remains positive, buoyed by strong macroeconomic fundamentals, supportive monetary policy and ongoing structural reforms aimed at driving sustainable economic growth.