MoF Approves Digital Banking Licence To YTL Digital Bank

KUALA LUMPUR, Jan 14 (Bernama) -- The Ministry of Finance (MoF) has approved the issuance of a digital banking licence to YTL Digital Bank Bhd, a joint venture between YTL Digital Capital Sdn Bhd and Sea Ltd.

Bank Islam, Solar Voltech Ink RM105.2 Mln Solar Financing Agreement

GEORGE TOWN, Jan 14 (Bernama) — Bank Islam Malaysia Bhd has signed a financing agreement worth RM105.2 million with Solar Voltech Sdn Bhd, a subsidiary of PDC Premier Holdings Sdn Bhd, for a solar generation project.

Sumbangan Asas Rahmah Extended To Sabah, Sarawak Via Mykad

KUALA LUMPUR, Jan 14 (Bernama) -- The distribution of Sumbangan Asas Rahman (SARA) assistance via the use of MyKad will be expanded to Sabah and Sarawak this year instead of only in Peninsular Malaysia in 2024, said the Finance Ministry (MOF).

EPF Introduces Faster Access, Monthly Activation For Simpanan Shariah

KUALA LUMPUR, Jan 10 (Bernama) -- The Employees Provident Fund (EPF) has introduced two key features for its Simpanan Shariah that will provide faster access and flexibility for members effective April 1,  2025.

MATRADE Inks Solar PPA With Kejuruteraan Cahaya Abadi

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Jan 9 (Bernama) -- Malaysia External Trade Development Corporation (MATRADE) today signed a solar power purchase agreement (PPA) with Kejuruteraan Cahaya Abadi Sdn Bhd (KCASB) for electricity consumption savings worth RM500,000 a year.

Diesel Subsidy Rationalisation To Save Govt Up To RM7.5 Bln A Year -- Amir Hamzah

KUALA LUMPUR, Jan 9 (Bernama) -- The implementation of diesel subsidy rationalisation is expected to provide annual savings of between RM7.2 billion and RM7.5 billion, up from the RM4 billion in savings projected last year, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Antom, AirAsia MOVE Join Forces For Seamless Payment Solutions

KUALA LUMPUR, Jan 8 (Bernama) -- Singapore-headquartered Ant International announced its payment and digitisation services provider, Antom, with AirAsia MOVE, has signed a partnership agreement to transform travel, including seamless payment experiences on the app.

Synchronoss Technologies To Present At Investor Conferences This Month

KUALA LUMPUR, Jan 8 (Bernama) -- Synchronoss Technologies Inc (Synchronoss) has announced its President and Chief Executive Officer, Jeff Miller, alongside Chief Financial Officer, Louis Ferraro, will be speaking at two upcoming investor conferences.

Avis Predicts Surge In Corporate EV Leasing Demand

SHAH ALAM, Jan 6 (Bernama) -- Avis Malaysia, a mobility solutions provider, projects a rise in demand for electric vehicles (EVs) in the corporate non-commercial leasing segment this year, driven by government-friendly policies.

Public Mutual Declares Distributions Of Over RM99 Mln For Nine Funds

KUALA LUMPUR, Dec 31 (Bernama) -- Public Mutual, a wholly-owned subsidiary of Public Bank, has declared distributions amounting to more than RM99 million for nine funds for the financial year ended Dec 31, 2024.

Wisson Robotics To Make Waves At CES 2025, Debuting Pliabot Technology 

KUALA LUMPUR, Dec 27 (Bernama) -- Wisson Robotics, a leader in general-purpose soft robotics, will debut its Pliabot technology, a revolutionary commercial and universal soft robotics with human-like muscles and embodied artificial intelligence (AI), at the Consumer Electronics Show (CES) 2025.

Ending Flat-rate Loan Calculations Can Curb Household Debt, Bankruptcy Risks -- Economists

KUALA LUMPUR, Dec 24 (Bernama) -- Bank Negara Malaysia’s (BNM) proposal to abolish the flat-rate method for calculating personal financing is seen as a significant step towards improving the financial health of households, said an economist.