3m ago
KUALA LUMPUR, Oct 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has highlighted that Malaysia is consistently recognised as a trusted global Islamic finance hub, where investors find stability, clarity, and opportunity, reflecting the country’s ethical foundations in the sector.
3m ago
KUALA LUMPUR, Oct 12 (Bernama) -- Transformational shifts, driven by strong leadership, can redefine and elevate the role of Islamic finance, and shape a more inclusive and sustainable financial system, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
3m ago
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.
3m ago
KUALA LUMPUR, Oct 10 (Bernama) -- The combined investment under Retirement Fund Inc’s (KWAP) Dana Perintis and Khazanah Nasional Bhd’s Jelawang Capital will increase to RM750 million from RM550 million previously to accelerate Malaysia’s start-up and innovation ecosystem, nurturing enterprises that contribute to technological advancement and job creation.
3m ago
KUALA LUMPUR, Oct 10 (Bernama) -- The halal industry ecosystem will continue to be strengthened with the Department of Islamic Development Malaysia (Jakim) expediting halal certificate issuances and the Halal Development Corporation (HDC) continuing to promote halal compliance among companies, said Prime Minister Datuk Seri Anwar Ibrahim.
3m ago
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.
3m ago
By Anas Abu Hassan & K Naveen Prabu
KUALA LUMPUR, Oct 10 (Bernama) -- The federal government’s debt servicing charges (DSC) are projected to increase by 7.6 per cent to RM54.3 billion in 2025, accounting for 16.3 per cent of total revenue compared to a 9.0 per cent increase of RM50.5 billion or 15.6 per cent in 2024.
3m ago
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).
3m ago
KUALA LUMPUR, Oct 9 (Bernama) -- The government is committed to expanding the Malaysian Halal Certification (SPHM) recognition, especially to empower micro, small and medium enterprises (MSMEs) in the global halal industry and enhance the country’s export value chain, according to the Prime Minister's Department (PMD).
3m ago
KUALA LUMPUR, Oct 8 (Bernama) -- Selangor is aiming to achieve 100 per cent 5G network coverage in the state’s populated areas by early 2026, said state executive councillor for Islamic Religious Affairs and Cultural Innovation Dr Mohammad Fahmi Ngah.
3m ago
KUALA LUMPUR, Oct 8 (Bernama) -- Varia Bhd plans to raise up to RM3 billion through the proposed issuance of Islamic medium term notes (IMTNs).
3m ago
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.