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Textron Aviation Defense Secures First Beechcraft T-6JP Texan II Deal In Japan

KUALA LUMPUR, Dec 23 (Bernama) -- Textron Aviation Defense LLC, a unit of Textron Inc, has secured its first contract to supply the Beechcraft T-6JP Texan II integrated training system to Japan’s Air Self-Defense Force (JASDF), marking a milestone entry into the Japanese military training market.

RHB Enhances Multi-currency Debit Card For Seamless Overseas Transactions

KUALA LUMPUR, Dec 23 (Bernama) -- RHB Banking Group plans to enhance its multi-currency debit card by adding two or three more foreign currencies by the second quarter of 2026, said its consumer finance head, Sien Vee Loc.

PNB Declares 5.75 Sen ASB Income Distribution, RM10.4 Bln Payout For FY2025

KUALA LUMPUR, Dec 19 (Bernama) -- Permodalan Nasional Bhd’s (PNB) wholly owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has declared a total income distribution of 5.75 sen per unit for Amanah Saham Bumiputera (ASB) for the financial year ending Dec 31, 2025 (FY2025).

AM Best Lifts New India Assurance Outlook To Positive

KUALA LUMPUR, Dec 12 (Bernama) -- AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of The New India Assurance Company Limited (New India).

Malaysia’s Digital Banking Sector Paves Way For 2025 Growth, Positive Crypto Outlook

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 11 (Bernama) -- The full rollout of all five licensed digital banks in 2025 has reshaped Malaysia’s digital finance landscape, signalling a decisive shift toward a more inclusive and technology-enabled financial ecosystem.

Banks To Offer Goodwill Discounts For Early Settlement Of Hire-Purchase Agreements

KUALA LUMPUR, Dec 2 (Bernama) -- Malaysia’s banks will offer goodwill discounts for early settlement of existing fixed-rate hire-purchase agreements following the Dewan Negara’s passing of the Hire-Purchase (Amendment) Bill yesterday.

Xiamen International Bank Marks Four Decades Of Growth, Global Connections

KUALA LUMPUR, Dec 1 (Bernama) -- Xiamen International Bank has operated from the Xiamen Special Economic Zone since 1985, expanding nationwide and establishing global connections while participating in China’s financial opening-up.

DMDI Ventures Launches Maiden Electrical Store In Melaka

MELAKA, Dec 1 (Bernama) -- Dunia Melayu Dunia Islam (DMDI), through its subsidiary DMDI Ventures, has launched its first electrical goods store that features the Selamat brand.

Cheng & Co Expands Mid-shore Wealth Management Presence With Alpadis Trust Labuan Acquisition

By Jailani Hasan

LABUAN, Nov 27 (Bernama) -- Cheng & Co Group has strengthened its regional wealth management capabilities with the acquisition of Alpadis Trust (Labuan) Limited, now officially renamed Indah International Trust Limited.

Banks Roll Out Flood Relief Assistance For Affected Customers

KUALA LUMPUR, Nov 27 (Bernama) -- Banks are offering a range of flood-relief assistance, including deferment of loan or financing instalments to provide temporary financial relief and special financing facilities to assist customers in repairing and restoring their homes and businesses.

HSBC Malaysia Grows Its Wealth Ambition With JB Centre

JOHOR BAHRU, Nov 19 (Bernama) -- HSBC Malaysia has reinforced its commitment to growing its wealth and affluent banking capabilities with the opening of a Wealth Centre at its Jalan Bukit Timbalan branch here yesterday.

Four More BSN Mobile Banks For Sabah, Sarawak, Pahang & Perak

KUALA LUMPUR, Nov 18 (Bernama) -- The government has allocated four more Bank Simpanan Nasional (BSN) mobile bank units in 2026 specifically to increase access to banking services to residents in the rural areas of Sabah, Sarawak, Pahang, and Perak.