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KUALA LUMPUR, March 24 (Bernama) -- More than 14,000 small and medium enterprises (SMEs), microenterprises, start-ups, and the low-income group grew in line with higher approval rates under development financial institutions (DFI) financing in 2024, said Bank Negara Malaysia (BNM) today.
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KUALA LUMPUR, March 24 (Bernama) – The Islamic banking and takaful industries continued to record positive growth in 2024, with the Islamic banking industry’s share of total financing in the financial system increasing to 46.6 per cent last year from 45.6 per cent in 2023.
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KUALA LUMPUR, March 24 (Bernama) -- Increasing the supply of affordable, mid-tier hospital beds and providing incentives for the expansion of not-for-profit hospitals can help mitigate spiralling medical insurance and medical costs.
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KUALA LUMPUR, March 24 (Bernama) -- Buy now, Pay Later (BNPL) activity has grown rapidly, although the total outstanding BNPL debt remained a small proportion of overall household debt at RM2.8 billion or 0.2 per cent as of December 2024.
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PUTRAJAYA, March 23 (Bernama) -- Consumers’ ability to repay debt from 'Buy Now, Pay Later' (BNPL) facilities is increasingly a concern, especially with the significant growth in BNPL transactions in Malaysia, thus raising concerns about the risks of high indebtedness and the importance of financial literacy.
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KUALA LUMPUR, March 21 (Bernama) -- On a recent tour of southwest Yunnan Province, Chinese President Xi Jinping visited the Lijiang Modern Flower Industrial Park, an epitome of China's efforts to advance rural revitalisation.
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By Zairina Zainudin
KUALA LUMPUR, March 21 (Bernama) -- The Consumer Credit Oversight Board (CCOB) task force aims to have the Consumer Credit Bill 2025 gazetted by the end of this year, said Bank Negara Malaysia Assistant Governor Abu Hassan Alshari Yahaya.
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KUALA LUMPUR, March 21 (Bernama) -- Malaysia's inflation rose at a slower pace of 1.5 per cent in February 2025, with the index standing at 134.1 points compared with 132.1 in the same month a year earlier, the Statistics Department (DoSM) said.
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KUALA LUMPUR, March 21 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has maintained a stable outlook on the Malaysian banking sector in 2025 despite external pressure.
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KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) has received a total of 996 complaints and inquiries regarding unregistered digital asset exchange (DAX) operators.
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KUALA LUMPUR, March 19 (Bernama) -- Henley & Partners and the Climate Vulnerable Forum (CVF) released a groundbreaking climate finance report that highlights failures in funding urgent climate action and explores how investment migration can unlock vital resources for nations most affected by climate change.
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KUALA LUMPUR, March 19 (Bernama) -- Canada is intensifying its efforts to broaden its trade and investment footprint, including strengthening ties with Malaysia and seeking to penetrate new markets, said High Commissioner of Canada to Malaysia Jodi Robinson.