PETALING JAYA, Oct 1 (Bernama) -- Financial comparison platform RinggitPlus has reported encouraging progress among lower-income Malaysians, with a growing proportion of respondents taking steps towards achieving long-term financial security.
KUALA LUMPUR, Sept 10 (Bernama) -- Malaysia's banking sector is well-positioned to navigate trade tensions and softer growth, driven by a strong labour market and stable household finances, said S&P Global Ratings.
PUTRAJAYA, Sept 5 (Bernama) -- The Consumer Credit Act 2025 (RUUKP) is expected to be gazetted by the end of this year, providing a more comprehensive protection for consumers through the regulation of excessive charges and the enforcement of ethical debt collection practices.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Aug 29 (Bernama) -- The Dewan Rakyat ends the Second Meeting of the Fourth Session of the 15th Parliament today after sitting for 24 days, reflecting the MADANI Government's commitment to strengthen the integrity of fiscal governance, protect local industries from unfair trade practices and create more comprehensive consumer credit regulation.
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.
KUALA LUMPUR, Aug 4 (Bernama) -- Buy Now, Pay Later (BNPL) facilities remain under control, but regulatory measures are being strengthened to protect consumers through the Consumer Credit Act 2025 (CCA).
KUALA LUMPUR, July 28 (Bernama) -- Paydibs, a homegrown digital payments provider, has been officially onboarded as a direct third-party acquirer for the financial process exchange (FPX) by Payments Network Malaysia Sdn Bhd (PayNet), making it one of only 10 non-bank acquirers directly connected to PayNet’s FPX infrastructure.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 25 (Bernama) -- Bursa Malaysia closed in the red on Friday after two consecutive sessions of gains as investors pocketed some profit while adopting a wait-and-see stance amid ongoing negotiations between Malaysia and the United States to secure a 20 per cent tariff rate.
KUALA LUMPUR, July 21 (Bernama) -- The Consumer Credit Commission (CCC) will implement a comprehensive and sustainable regulatory framework for the “buy now, pay later” (BNPL) scheme to ensure the public does not fall into debt traps or face a rise in bankruptcy cases.
KUALA LUMPUR, July 21 (Bernama) -- The government should establish a creditworthiness or credit scoring agency to regulate the eligibility of consumers taking loans, according to Member of Parliament (MP) Sim Tze Tzin (PH-Bayan Baru).
KUALA LUMPUR, July 21 (Bernama) -- The volume of “buy now, pay later” (BNPL) transactions has increased from 83.8 million in the second half (2H) of 2024 to 102.6 million in the first half (1H) of this year.
By Zarul Effendi Razali
KUALA LUMPUR, June 22 (Bernama) -- It is indeed a sad state of affairs to note that the calm and peaceful Tehran I saw during a visit to Iran just last April has shockingly been shattered and turned into a war zone overnight.
