Malaysia’s Financial Fundamentals Draw IMF Praise

KUALA LUMPUR, July 23 (Bernama) -- Malaysia’s financial strength and market flexibility support resilience against external shocks and capital outflows, according to the International Monetary Fund (IMF).

Lantronix Unveils Game-Changing 5G Router, Pushing Boundaries In Industrial IoT

KUALA LUMPUR, July 18 (Bernama) -- Lantronix Inc, a global provider of compute and connectivity Internet of Things (IoT) solutions, has launched its rugged, industrial-grade 5G router, the NTC-500 Series, aimed at enhancing enterprise mobility and wireless infrastructure.

i-Saraan Financial Awareness Programme Empowers Younger Generation

GEORGE TOWN, July 17 (Bernama) -- The Employees Provident Fund’s (EPF) i-Saraan programme is an important initiative in empowering the younger generation through financial knowledge and awareness.

Boomi Powers Mentor Media’s 60 Pct Faster EDI Integration, Boosting Efficiency

KUALA LUMPUR, July 15 (Bernama) -- Boomi has announced that Singapore-based supply chain solutions provider Mentor Media has reduced onboarding time by up to 50 per cent and accelerated Electronic Data Interchange (EDI) integration by up to 60 per cent using the Boomi Enterprise Platform.

OPR Cut Can Address Household Debt Service Ratio, Provides Reprieve In Disposable Income -- GX Bank

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, July 14 (Bernama) -- GX Bank Bhd said the overnight policy rate (OPR) cut to 2.75 per cent from three per cent could potentially address the household debt service ratio while providing a reprieve in disposable income.

Takaful IKHLAS Unveils 'IKHLAS Impianku' To Help Malaysians Realise Financial Dreams

PUTRAJAYA, July 3 (Bernama) -- Takaful Ikhlas Family Bhd (Takaful IKHLAS), a subsidiary of MNRB Holdings Bhd, today launched its latest product, IKHLAS Impianku.

Public Mutual Declares Distributions Of Over RM109 Mln For Five Funds

KUALA LUMPUR, June 30 (Bernama) -- Public Bank Bhd’s wholly owned subsidiary Public Mutual has declared distributions amounting to more than RM109 million for five funds as at June 30, 2025.

New UK Envoy To Malaysia Ajay Sharma To Prioritise Semiconductor Cooperation To Produce High-end Chips

By Danni Haizal Danial Donald and Mikhail Raj Abdullah

KUALA LUMPUR, June 29 (Bernama) -- The United Kingdom’s new High Commissioner to Malaysia, Ajay Sharma, has made strengthening bilateral cooperation a key priority, with a particular focus on the fast-growing semiconductor sector and the development of integrated chip design and advanced manufacturing.

Except For Apples And Oranges, Other Imported Fruits Taxable Under Expanded SST - Treasury Sec-gen

KUALA LUMPUR, June 27 (Bernama) -- Apples and oranges are exempted from the expanded Sales and Service Tax (SST) as these fruits cannot be cultivated in Malaysia and are widely consumed by the public, says Treasury secretary-general Datuk Johan Mahmood Merican.

HLIB Expects Fiscal Deficit To Narrow To 3.8 Pct in 2025

KUALA LUMPUR, June 26 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects the fiscal deficit to be narrowed to 3.8 per cent this year (2024: -4.1 per cent), as announced in Budget 2025.

Banks To Begin Charging Service Tax On Financial Services From July 1 Under Expanded Scope

KUALA LUMPUR, June 25 (Bernama) -- Member banks of Malaysia's banking associations will begin implementing the service tax on relevant financial services in phases from July 1, 2025, in accordance with the guidelines issued by the Royal Malaysian Customs Department.

Agrobank Targets 70,000 New Accounts Under Mega Million 2.0 Campaign

MELAKA, June 24 (Bernama) -- Agrobank is targeting 70,000 new accounts and RM350 million in deposits under its Mega Million 2.0 campaign, launched in November last year.