19d ago
KUALA LUMPUR, Dec 2 (Bernama) -- 1Malaysia Development Bhd's (1MDB) debts have not been fully settled, with total financial obligations exceeding RM50 billion, said Prime Minister Datuk Seri Anwar Ibrahim.
22d ago
KUALA LUMPUR, Nov 28 (Bernama) -- Alliance Bank Malaysia Bhd will provide flood relief assistance, including a loan moratorium of up to six months, modified repayment options, and fee and charge waivers for customers and businesses affected by the current floods.
23d ago
LABUAN, Nov 28 (Bernama) -- Labuan International Business and Financial Centre (Labuan IBFC) is positioning itself as a regional hub for environmental, social, and governance (ESG)-aligned, Shariah-compliant and digitally driven financial solutions in full support of Malaysia’s sustainability agenda.
23d ago
KUALA LUMPUR, Nov 27 (Bernama) -- From the establishment of the Asset Recovery Trust Account (AA MKA) in December 2018 until Sept 30, 2025, the government has recovered RM31.2 billion (including proceeds and foreign exchange adjustments) related to 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd (SRC), said the Ministry of Finance (MOF).
24d ago
KUALA LUMPUR, Nov 27 (Bernama) -- U Mobile Sdn Bhd’s newly secured RM4.3 billion syndicated financing will help the operator accelerate 5G deployment and strengthen its position in Malaysia’s competitive market.
24d ago
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.
24d ago
KUALA LUMPUR, Nov 26 (Bernama) -- MBSB Bhd posted a lower net profit of RM95.64 million in the third quarter of the financial year ended Sept 30, 2025 (3Q FY2025), compared to RM122.08 million a year earlier.
24d ago
KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia recorded a 48 per cent growth in Islamic banking market share between 2000 and 2024, placing the country second only to Saudi Arabia globally, according to a report by Standard Chartered (StanChart).
25d ago
KUALA LUMPUR, Nov 25 (Bernama) — The United Arab Emirates (UAE), particularly Dubai, sees financial technology (fintech) and Islamic finance as emerging priority sectors and is encouraging Malaysian companies to tap into these opportunities.
25d ago
NAIROBI (Kenya), Nov 25 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s visit to three African countries in a continent which is increasingly being described as “young and fast” for its vibrant demographics and rising potential is a testament to Putrajaya’s commitment to strengthening ties with the Global South and positioning Malaysia strategically as a trusted partner in an increasingly multipolar world.
25d ago
By M. Saraswathi
NAIROBI, Nov 25 (Bernama) — The announcement to remove tariff on beef imports from Kenya is aimed at reducing the cost for Malaysian consumers, Prime Minister Datuk Seri Anwar Ibrahim said.
25d ago
KUALA LUMPUR, Nov 25 (Bernama) -- Permodalan Nasional Bhd (PNB) will launch zakat assessment for Fixed Price Funds managed by Amanah Saham Nasional Bhd (ASNB) through the al-Mustaghallat zakat method via Khultah (collective) in mid-2026.