10m ago
KUALA LUMPUR, April 23 (Bernama) -- As tensions between the United States (US) and China extend beyond traditional economic fronts, a new battleground has emerged — one defined not by tariffs or trade deficits, but by algorithms and viral videos.
11m ago
KUALA LUMPUR, April 19 (Bernama) -- In the calculus of international trade, perception is power. Nowhere is this more evident than in the way the United States (US) calculates and presents its trade deficit.
11m ago
By Siti Noor Afera Abu
KUALA LUMPUR, April 10 (Bernama) -- The ringgit ended firmer against the US dollar on Thursday, snapping a three-day losing streak following US President Donald Trump’s 90-day pause in reciprocal tariffs for all countries except China.
11m ago
KUALA LUMPUR, April 10 (Bernama) -- The ringgit opened firmer against the US dollar on Thursday, as the greenback weakened following the US President’s announcement of a 90-day pause in reciprocal tariffs, an economist said.
11m ago
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.
11m ago
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.
1y ago
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.
1y ago
KUALA LUMPUR, March 21 (Bernama) -- Petronas Chemicals Group Bhd's (PCG) olefins and derivatives (O&D) segment is expected to remain under pressure in the first quarter (1Q) of 2025, with plant utilisation projected to hover around 70 per cent, excluding the Pengerang Petrochemicals Complex (PPC), CIMB Securities Sdn Bhd said.
1y ago
KUALA LUMPUR, March 11 (Bernama) -- Local consumer 'buy now, pay later' (BNPL) transactions surged in the second half (2H) of 2024, reaching RM7.1 billion, up from RM4.9 billion in the first half, said Finance Minister II, Datuk Seri Amir Hamzah Azizan.
1y ago
KUALA LUMPUR, Feb 12 (Bernama) -- Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has announced a strategic partnership with Worldpay to enhance payment solutions.
1y ago
KUALA LUMPUR, Jan 22 (Bernama) -- The micro, small and medium enterprises’ (MSMEs) contribution to the national economy has not met the target set under the 12th Malaysia Plan (12MP), according to Entrepreneur and Cooperatives Development Minister Datuk Ewon Benedick.
1y ago
KUALA LUMPUR, Jan 6 (Bernama) -- Lunar New Year offers a unique opportunity to connect with family while honouring tradition and new beginnings.