BNM Draws Up Plan To Reduce Shareholding In Paynet -- MOF

KUALA LUMPUR, Dec 3 (Bernama) -- Bank Negara Malaysia (BNM) has drawn up a long-term plan to gradually reduce its shareholding in Payments Network Malaysia Sdn Bhd (PayNet).

BNPL Loans At RM4.2 Bln As Of Sept 30, 2025 -- MOF

KUALA LUMPUR, Dec 3 (Bernama) -- The total buy now pay later (BNPL) scheme loans as of Sept 30, 2025 were RM4.2 billion covering seven million active account holders in the country, comprising 0.3 per cent of the total household indebtedness in Malaysia.

Five Digital Banks Now Operational, With RM3.1 Bln In Deposits As At Sept 2025 - MoF

KUALA LUMPUR, Dec 2 (Bernama) -- Five digital banks have commenced operations, recording total deposits of RM3.1 billion as at September 2025, according to the Ministry of Finance (MoF).

Identis Debuts At Trustech, Marking Matica Group’s Evolution

KUALA LUMPUR, Dec 2 (Bernama) -- Identis, a global leader in secure identity and payment technologies, officially made its global debut, marking the evolution of the Matica Group and combining decades of experience with a renewed vision for the digital era.

Banks To Offer Goodwill Discounts For Early Settlement Of Hire-Purchase Agreements

KUALA LUMPUR, Dec 2 (Bernama) -- Malaysia’s banks will offer goodwill discounts for early settlement of existing fixed-rate hire-purchase agreements following the Dewan Negara’s passing of the Hire-Purchase (Amendment) Bill yesterday.

Govt Committed To Further Reducing New Debt In 2025 At RM75 Bln -- PM Anwar

KUALA LUMPUR, Dec 2 (Bernama) -- The government is committed to further reducing new debt in 2025, projected at about RM75 billion, said Prime Minister Datuk Seri Anwar Ibrahim.

MRB Activates Rubber Production Incentive For Nov 2025

KUALA LUMPUR, Dec 1 (Bernama) -- The Rubber Production Incentive (IPG) for cuplump and latex has been activated in Peninsular Malaysia, Sabah and Sarawak for November 2025, according to the Malaysian Rubber Board (MRB).

Tencent’s New Kl Office Marks Stronger Digital Investment In Malaysia -- Gobind

KUALA LUMPUR, Dec 1 (Bernama) -- The opening of Chinese tech conglomerate Tencent Holdings Ltd’s new office in Malaysia reflects stronger long-term digital investment and reinforces the country’s position as an emerging regional technology hub, Digital Minister Gobind Singh Deo said.

PayNet Rolls Out Refreshed DuitNow QR Standee To Boost Visibility Nationwide

KUALA LUMPUR, Dec 1 (Bernama) -- Payments Network Malaysia Sdn Bhd (PayNet) has refreshed the design of the DuitNow QR standee to enhance the visibility and consistency of Malaysia’s national quick response (QR) standard.

Alliance Bank Offers Flood Relief Assistance To Affected Customers

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.

Malaysia’s Services Account Surplus Marks Stronger Economic Rebound -- Perdasama

By Thivyamalini Ramalu

PUTRAJAYA, Nov 27 (Bernama) -- The government’s recent achievement of a services account surplus marks a stronger momentum of recovery for Malaysia’s economy, driven by fiscal discipline, targeted subsidy measures, and more deliberate economic restructuring. 

Malaysia Leads Region As Fastest-Growing Digital Economy, Set To Hit US$39 Bln GMV In 2025

KUALA LUMPUR, Nov 25 (Bernama) -- Malaysia is now the fastest-growing digital economy in Southeast Asia (SEA), with an increase of 19 per cent year-on-year (y-o-y), and on track to reach gross merchandise value (GMV) of US$39 billion (US$1=RM4.13) this year.