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.
KUALA LUMPUR, Oct 13 (Bernama) -- Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) has unlocked nearly RM100 billion in financing for small and medium enterprises (SMEs) by guaranteeing up to 80 per cent of the risks that banks are unwilling to bear.
KUALA LUMPUR, Oct 13 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof, who is also the Minister of Energy Transition and Water Transformation (PETRA), will chair the 43rd ASEAN Ministers on Energy Meeting (AMEM) and its related meetings, scheduled for Oct 16-17, 2025.
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.
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.
LABUAN, Oct 10 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) has granted conditional approvals to Green Digital Bank Corp and Fasset Islamic Digital Bank Ltd to operate as Islamic digital banks within the Labuan International Business and Financial Centre (Labuan IBFC).
KUALA LUMPUR, Oct 9 (Bernama) -- IBSFINtech, a global enterprise treasury technology provider, has announced its InTReaX SuiteApp has achieved the ‘Built for NetSuite’ status, signifying that the solution meets Oracle NetSuite’s highest standards for quality and compatibility.
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 9 (Bernama) -- Growth in the ASEAN+3 region is projected at 4.1 per cent in 2025 and 3.8 per cent in 2026, an upward revision from July’s forecast, supported by robust first-half performance and stronger-than-expected export momentum.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 8 (Bernama) – Digital banks are urging the government to prioritise the distribution of targeted subsidies and cash aid in Budget 2026 through digital banking platforms, highlighting their potential to deliver a more equitable and efficient system.
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 7 (Bernama) -- IBM Malaysia Sdn Bhd hopes that the upcoming Budget 2026 will provide stronger and more targeted incentives for artificial intelligence (AI) to accelerate digital transformation across key sectors of the economy.
