3d ago
KUALA LUMPUR, Oct 13 (Bernama) -- Bank Negara Malaysia (BNM) will adopt the Malaysian Islamic Overnight Rate (MYOR-i) as the mandatory reference rate for all Islamic financial products beginning July 1, 2027, marking a major structural reform in the country’s Islamic finance landscape.
3d ago
KUALA LUMPUR, Oct 13 (Bernama) -- The Malaysia Internet Exchange (MyIX) has welcomed the MADANI Budget 2026 as a decisive step to strengthen Malaysia’s digital backbone, citing the government’s emphasis on submarine cable infrastructure, nationwide connectivity, 5G expansion, artificial intelligence (AI) and digital inclusion as critical enablers of the nation’s future.
3d ago
KUALA LUMPUR, Oct 13 (Bernama) -- Bursa Malaysia was lower at mid-afternoon, weighed down by selling in heavyweights led by Public Bank, CIMB Group, and MISC.
5d ago
KUALA LUMPUR, Oct 11 (Bernama) -- The Malaysian Automotive Association (MAA) has urged the government to consider maintaining a balanced policy framework that continues to support both completely built up (CBU) and completely knocked down (CKD) electric vehicle (EVs) segments.
5d ago
KUALA LUMPUR, Oct 10 (Bernama) -- The government has taken an unprecedented step by adding 20.23 hectares of Melayu reserve land in Bandar Malaysia, said Prime Minister Datuk Seri Anwar Ibrahim.
5d ago
KUALA LUMPUR, Oct 10 (Bernama) -- A total of RM40 million has been allocated through investments by government-linked investment companies (GLIC) and government-linked companies (GLC) to accelerate the process of scaling up high-potential bumiputera companies, said Prime Minister Datuk Seri Anwar Ibrahim.
6d ago
KUALA LUMPUR, Oct 10 (Bernama) -- The combined investment under Retirement Fund Inc’s (KWAP) Dana Perintis and Khazanah Nasional Bhd’s Jelawang Capital will increase to RM750 million from RM550 million previously to accelerate Malaysia’s start-up and innovation ecosystem, nurturing enterprises that contribute to technological advancement and job creation.
6d ago
KUALA LUMPUR, Oct 10 (Bernama) -- The Federal Land Development Authority (FELDA), the Rubber Industry Smallholders Development Authority (RISDA), and the Federal Land Consolidation and Rehabilitation Authority (FELCRA) will continue to safeguard over 720,000 settlers, smallholders, and their families with an allocation of nearly RM2.4 billion under Budget 2026.
6d ago
By Sharifah Hunaini Syed Ismail, Niam Seet Wei and Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has galvanised RM470 billion resources in Budget 2026, prioritising economic resilience and expanded support for small businesses to future-proof the economy amid persistent global uncertainties and regional headwinds and also goes hard on enforcement to prevent economic leakages.
6d ago
By Karina Imran and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia’s financial market outlook remains positive, buoyed by strong macroeconomic fundamentals, supportive monetary policy and ongoing structural reforms aimed at driving sustainable economic growth.
6d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Oct 10 (Bernama) – The Malaysian economy is expected to experience moderate growth of four to 4.5 per cent in 2026 compared to 2025 on the back of a challenging global landscape, said Prime Minister Datuk Seri Anwar Ibrahim.
6d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Central Spectrum (M) Sdn Bhd (CSSB) and Colform Sdn Bhd today signed a sale and purchase agreement (SPA) for the latter’s acquisition of 2.96 hectares of industrial land at Pulau Indah Industrial Park for RM25.2 million.