4m ago
KUALA LUMPUR, Aug 13 (Bernama) -- A total net fund of RM42.17 billion has been channeled to 1Malaysia Development Bhd (1MDB) to finance its debt repayments and meet its commitments as of July 31, 2025, the Finance Ministry (MoF) said.
5m ago
KUALA LUMPUR, Aug 11 (Bernama) -- Small Medium Enterprise Development Bank Malaysia (SME Bank) has empowered 5,735 entrepreneurs in the first half of 2025 (1H 2025), an increase of 158 per cent against the 2,225 entrepreneurs recorded in 1H 2024.
5m ago
KUALA LUMPUR, Aug 8 (Bernama) – Raising the ceiling of national growth is one of the three central pillars of the MADANI Economy to propel Malaysia towards a high-income, competitive and sustainable economy grounded in humanistic values and social justice, according to the Finance Ministry (MOF).
5m ago
KUALA LUMPUR, Aug 8 (Bernama) -- The Association of Southeast Asian Nations (ASEAN) needs to undertake a bold re-framing of its economic strategy as the region navigates a complex polycrisis, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.
5m ago
KUALA LUMPUR, Aug 8 (Bernama) -- GX Bank Bhd is strengthening its role in advancing financial inclusion, with around 60 per cent of its customer base comprising underserved segments, including individuals from the bottom 40 per cent (B40) income bracket and 10 per cent from the gig economy.
5m ago
PUTRAJAYA, Aug 7 (Bernama) -- Malaysia Rail Link Sdn Bhd (MRL) has signed the supplementary agreement 7 (SA7) with the East Coast Rail Link (ECRL) project contractor for the connection from the last station at Jalan Kastam, Port Klang, to Westports and Northport (Section D).
5m ago
KUALA LUMPUR, Aug 7 (Bernama) -- Clear and timely guidance is crucial to maintaining investor confidence and preventing disruptions to supply chains that are integrated with the United States and global markets, according to the Federation of Malaysian Manufacturers (FMM).
5m ago
KUALA LUMPUR, Aug 7 (Bernama) – The growth of Islamic finance will be driven by greater connectivity across asset classes, geographies and generations -- and not just by compliance -- as a generational shift in investor demographics brings in younger, digital-native and value-conscious investors.
5m ago
KUALA LUMPUR, Aug 6 (Bernama) -- Yinson Holdings Bhd's unit, Yinson Production, has completed the buy-out of the project loan related to the floating production storage and offloading (FPSO) vessel 'Atlanta' from Brava Energia S.A. for a total cash consideration of approximately US$257.4 million, including accrued interest.
5m ago
GEORGE TOWN, Aug 6 (Bernama) -- The Penang government has requested Hartasuma Sdn Bhd, the concessionaire for the Penang Hill cable car project, to conduct a feasibility study on a proposed new cable car route linking the Botanical Gardens to Gurney Bay.
5m ago
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.
5m ago
KUALA LUMPUR, Aug 4 (Bernama) -- More than 90 per cent of adjusted medical and health insurance and takaful (MHIT) policies recorded premium increases of less than 10 per cent, while over 200,000 policies benefited from deferred premium adjustments and more than 14,000 policies were reactivated as at 30 April 2025, according to the Ministry of Finance (MoF).