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.
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 10 (Bernama) -- The federal government’s revenue is projected to rise 2.7 per cent to RM343.1 billion in 2026 from RM334.1 billion expected in 2025, mainly driven by tax collections, the Finance Ministry (MoF) said.
KUALA LUMPUR, Oct 9 (Bernama) -- Small and medium enterprises (SMEs) must embrace emerging technologies to strengthen their position in the global supply chain, said the Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, Oct 9 (Bernama) -- Syarikat Jaminan Kredit Perumahan Bhd (SJKP) guarantees home loans covering more than 100 per cent of the house purchase price for qualified first-time buyers, giving banks greater confidence to approve applications that might otherwise be declined.
KUALA LUMPUR, Oct 8 (Bernama) -- Bank Negara Malaysia (BNM) has launched RENTAS+, an enhancement to Real-time Electronic Transfer of Funds and Securities to enable continuous interbank funds transfer and settlement 24/7, 365 days a year.
KUALA LUMPUR, Oct 6 (Bernama)-- UOB Malaysia has successfully priced a RM455 million Islamic medium-term notes under Tranche 7 of EXSIM Capital Resources Bhd’s (ECRB) RM2 billion Sukuk Musharakah Programme, structured as an ASEAN Green SRI Sukuk Musharakah.
KUALA LUMPUR, Oct 6 (Bernama) -- North Atlantic France SAS (North Atlantic) is closing in on its acquisition of ExxonMobil France Holding SAS (ExxonMobil)’s 82.89 per cent stake in Esso Société Anonyme Française SA (Esso S.A.F.), with the final purchase price now undergoing detailed adjustments ahead of completion expected by year-end 2025.
By Mohd Noor Azeery Idris
KUALA LUMPUR, Oct 6 (Bernama) -- The Agrobank is hoping that the Business Financing Guarantee Scheme (SJPP) will continue to be enhanced under Budget 2026, given its positive impact on the economy, particularly in empowering micro, small and medium enterprises (MSMEs) in the agri-food sector.
KUALA LUMPUR, Oct 2 (Bernama) -- Malaysia's new National Strategy for Financial Literacy (NS2.0) will take a sharper, more inclusive and action-oriented approach to address today’s realities while preparing for future needs.
KUALA LUMPUR, Oct 1 (Bernama) -- MidOcean Energy, a liquefied natural gas (LNG) company formed and managed by EIG, has entered into definitive agreements to acquire a 20 per cent interest in key Canadian energy assets owned by PETRONAS, Malaysia’s state-owned energy giant.
KUALA LUMPUR, Sept 29 (Bernama) -- Amanah Saham Nasional Bhd (ASNB), a wholly-owned unit trust company of Permodalan Nasional Bhd (PNB), has declared an income distribution of RM896.01 million for its fixed price fund, Amanah Saham Malaysia 3 (ASM 3), for the financial year ending Sept 30, 2025.
KUALA LUMPUR, Sept 29 (Bernama) -- Nearly 4,000 Malaysian companies have expanded globally through the MADANI Digital Trade (MDT) platform, enhancing their competitiveness in the global marketplace.
