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KUALA LUMPUR, Oct 22 (Bernama) -- Bank Negara Malaysia (BNM) is expected to complete its proof-of-concept for a domestic wholesale central bank digital currency (CBDC) by the end of this year.
By Karina Imran
KUALA LUMPUR, Sept 23 (Bernama) -- China, one of ASEAN’s dialogue partners, is expected to highlight supply chain resilience, digital economy cooperation, green transition and trade facilitation at the ASEAN Economic Ministers (AEM) 2025.
KUALA LUMPUR, Aug 29 (Bernama) -- Income derived from digital cryptocurrency activities such as trading, mining, and exchange in Malaysia is subject to income tax under Section 4 of the Income Tax Act 1967 because digital currencies are classified as commodities that can be considered business income.
By Danni Haizal Danial Donald
KUALA LUMPUR, April 10 (Bernama) -- ASEAN is looking forward to re-establishing the ASEAN Swap Arrangement (ASA) to strengthen the region’s financial safety net and resilience, according to a joint statement from the 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM).
KUALA LUMPUR, Feb 17 (Bernama) -- Bank Negara Malaysia (BNM), Bank Indonesia (BI) and the Bank of Thailand (BOT) today announced the adoption of a harmonised Local Currency Transaction Framework Operational Guidelines (LCTF OG) and the expansion of eligible cross-border transactions under the framework.
KUALA LUMPUR, Dec 24 (Bernama) -- Perma-Pipe International Holdings Inc’s net income for the third quarter ended Oct 31, 2024 (Q3) increased to US$2.5 million from US$1.9 million in the same period last year, mainly driven by better project execution. (US$1=RM4.48)
KUALA LUMPUR, Dec 5 (Bernama) -- Bank Negara Malaysia (BNM) is currently fine-tuning a proposal from the Reserve Bank of India (RBI) to develop a Local Currency Settlement Framework (LCSF) to enhance the use of the Malaysian ringgit and Indian rupee in bilateral trade, said the Ministry of Investment, Trade and Industry (MITI).
