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Gov't To Consider Raising I-BAP Allocation Following Overwhelming Response - Ramanan

KUALA LUMPUR, Aug 7 (Bernama) -- The government will consider raising the allocation for the Business Accelerator for Indian-owned companies (I-BAP) to RM10 million in the upcoming Budget following overwhelming response since its launch in October last year.

MOF: EPF Monthly Payout Plan Won’t Affect Current Withdrawals

KUALA LUMPUR, Aug 7 (Bernama) -- The proposed implementation of monthly pension-style payments for Employees Provident Fund (EPF) members, announced during the tabling of the 13th Malaysia Plan (13MP), will not affect the withdrawal rights of existing members, said Deputy Finance Minister Lim Hui Ying.

Over 160,000 BNPL Users Have RM121.8 Mln In Overdue Debt - Lim

KUALA LUMPUR, Aug 7 (Bernama) -- A total of 168,967 'Buy Now Pay Later' (BNPL) account holders, or 2.6 per cent of the total 6.5 million users, had outstanding balances as at June 30, 2025, said Deputy Finance Minister Lim Hui Ying.

Duck Creek Billing Enhances Member Experience With Real-Time Insights At PURE

KUALA LUMPUR, Aug 6 (Bernama) -- Duck Creek Technologies, a global intelligent solutions provider for the insurance industry, announced that PURE Insurance has upgraded to the latest version of the Duck Creek Billing platform.

Banks, Fintech Players Step Up Cross-border Expansion And Collaboration In ASEAN

KUALA LUMPUR, Aug 6 (Bernama) -- Financial institutions and financial technology (fintech) players are intensifying their focus on expanding across ASEAN, adopting tailored strategies to strengthen their presence in the region’s digital financial services landscape.

Financial Sector Must Remain A Cornerstone Of Malaysia's Transformation - Amir Hamzah

KUALA LUMPUR, Aug 5 (Bernama) -- Malaysia's financial sector must remain a cornerstone of transformation as Malaysia enters the next chapter of the country's development agenda under the 13th Malaysia Plan (13MP), said Finance Minister II Datuk Seri Amir Hamzah Azizan today. 

BNM Advances Key Initiatives To Boost Digitalisation -- Governor

KUALA LUMPUR, Aug 5 (Bernama) -- Bank Negara Malaysia (BNM) is advancing several key initiatives to boost digitalisation in the country, as a future-ready system needs more than new technology and business models. 

Exporting Rare Earths To US Without Any Restrictions Is Not Exclusive Right To US -- Tengku Zafrul

KUALA LUMPUR, Aug 4 (Bernama) -- The agreement not to impose any export restrictions on the supply of rare earth elements/critical minerals to the United States (US) does not mean that Malaysia grants the US exclusive rights to the supply of those elements.

Rubber Production Incentive Activated For July 2025

KUALA LUMPUR, Aug 4 (Bernama) -- The Rubber Production Incentive (IPG) for cuplump and latex has been activated in Peninsular Malaysia, Sabah and Sarawak for July 2025, according to the Malaysian Rubber Board (MRB).

Westports 2Q Net Profit Rises 14 Pct To RM231.63 Mln

KUALA LUMPUR, Aug 1 (Bernama) -- Wesports Holdings Bhd’s net profit rose 14 per cent to RM231.63 million in the second quarter ended June 30, 2025 (2Q 2025), compared with RM203.75 million in the same period last year, on higher container revenue, although increased operating expenses partly offset this. 

Capsphere, CGC Digital Forge Strategic Partnership To Expand SME Financing In Malaysia

KUALA LUMPUR, Aug 1 (Bernama) -- Capsphere, Malaysia’s first asset-based peer-to-peer (P2P) financing platform, has entered into a strategic collaboration with CGC Digital, the fintech subsidiary of Credit Guarantee Corporation Malaysia Bhd (CGC), to introduce new financing products for small and medium enterprises (SMEs).

Appointment Of All Stakeholders In Development Of Malaysia Pavilion At Expo 2025 Osaka Via Prescribed Process -- Tengku Zafrul

 KUALA LUMPUR, July 31 (Bernama) -- The appointment and involvement of all stakeholders including consultants, contractors and service providers for the development of the Malaysia Pavilion at Expo 2025 Osaka, Japan has gone through a prescribed evaluation and selection process, in line with the government's procurement procedures in force.