KUALA LUMPUR, Aug 1 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) marked a major milestone with the 30th edition of the CGC Awards, celebrating three decades of dedication to the growth of Malaysia’s micro, small and medium enterprises (MSMEs) and the broader financial ecosystem.
KUALA LUMPUR, July 31 (Bernama) -- As Malaysia charts its path forward under the 13th Malaysia Plan (13MP), the financial sector must play a transformative role in enabling small and medium enterprises (SMEs) to participate meaningfully in strategic growth sectors, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.
KUALA LUMPUR, July 31 (Bernama) -- Malaysia’s official reserve assets amounted to US$120.61 billion (US$1= RM4.23) as of end-June 2025, while other foreign currency assets stood at US$1.21 billion, according to Bank Negara Malaysia (BNM).
KUALA LUMPUR, July 30 (Bernama) -- Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty (AMP) totalling RM3.445 million on Bank Islam Malaysia Bhd (BIMB) for non-compliance with the Islamic Financial Services Act 2013 (IFSA) and the relevant policy documents.
KUALA LUMPUR, July 29 (Bernama) -- Malaysia’s household debt stood at RM1.65 trillion as of the end of March 2025, equivalent to 84.3 per cent of the nation’s gross domestic product (GDP).
KUALA LUMPUR, July 24 (Bernama) -- Fintech holding company, Synervest Group has raised US$4 million in a Series A funding round led by Jura Investment Group, with continued backing from CMT Digital, doubling its valuation to US$60 million from a year ago. (US$1=RM4.21)
KUALA LUMPUR, July 23 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) has enhanced its financing feature under the BizJamin MTC and BizJamin-i MTC schemes, now allowing mid-tier companies (MTCs) to apply for financing amounts between RM1 million and RM5 million.
KUALA LUMPUR, July 19 (Bernama) – Technology solutions provider Infomina Bhd has introduced ValuationXchange, Malaysia’s first industry-recognised digital property valuation platform, through a strategic collaboration with Geolytik Tech Sdn Bhd.
KUALA LUMPUR, July 8 (Bernama) -- Shariah-compliant peer-to-peer (P2P) financing platform microLEAP is drawing attention, having not only disbursed a commendable RM350 million in funding to small and medium enterprises (SMEs) in the first half of this year, but has also maintained the lowest default rate among all P2P operators in Malaysia at a mere 0.42 per cent.
KUALA LUMPUR, July 7 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) rose to US$120.6 billion (US$1=RM4.20) as of June 30, 2025, up from US$119.9 billion recorded on June 13, 2025.
KUALA LUMPUR, July 3 (Bernama) -- MoneyHero Limited (MoneyHero) has launched the “SingSaver Best-Of Awards”, an annual programme recognising Singapore’s top personal finance products.
By Jailani Hasan
LABUAN, July 2 (Bernama) – Neurogine Sdn Bhd’s flagship product, Neurogine n2Tap, has been adopted by Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) as part of the bank’s i‑MerchantRAKYAT initiative.
