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Digital Banks Must Realign Strategies To Serve B40

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 2 (Bernama) -- Digital banks in Malaysia are increasing efforts to reach the underserved B40 group, especially those in rural areas, by integrating banking services into popular platforms and offering attractive incentives to encourage usage.

SC To Submit Fee Review Proposal To MOF By End Of March

KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) is expected to submit its proposal to review levies of fees from intermediaries by the end of March to the Finance Ministry (MoF), said SC executive chairman Datuk Mohammad Faiz Azmi. 

SC Posts RM20.70 Mln Net Operating Surplus Amid Revenue Growth In 2024 - Report

KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) recorded a net operating surplus of RM20.70 million in 2024 against a net operating deficit of RM56.46 million a year earlier, according to the SC Annual Report 2024 released today.

SC: 996 Complaints Regarding Unregistered Dax Operators Since 2019

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.

MPRC Calls On OGSE Players To Consider Strategic Partnerships

By Siti Radziah Hamzah

KUALA LUMPUR, March 18 (Bernama) -- Malaysia's oil and gas services and equipment (OGSE) companies have been urged to consider strategic partnerships to be more competitive and get more energy transition opportunities beyond the industry.  

Malaysia’s Direct Selling Industry Hits RM34.4 Bln, Leads In Market Penetration – Fuziah

PUTRAJAYA, March 10 (Bernama) -- Malaysia’s direct selling industry grew 7.4 per cent to RM34.4 billion in 2024 from RM32.04 billion the previous year, said Domestic Trade and Cost of Living (KPDN) Deputy Minister Fuziah Salleh.

Malaysia-Arm Deal To Drive Semiconductor Growth

KUALA LUMPUR, March 6 (Bernama) -- Malaysia's partnership with United Kingdom-based Arm Holdings Plc (ARM) will help to elevate Malaysia into a high-value economy, igniting the front-end semiconductor ecosystem while fostering growth of local semiconductor firms over the long term.

Airwallex Seals Deal To Acquire Vietnamese Payment Company

KUALA LUMPUR, March 6 (Bernama) -- Airwallex, a global payments and financial platform for growing businesses, has signed definitive agreements to acquire CTIN Pay, an Intermediary Payment Service (IPS) licensed company in Vietnam.

PM's Involvement Seals MIDA-Arm Holdings Strategic Cooperation

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 5 (Bernama) — Negotiations between Malaysia and Arm Holdings Plc, which have been finalised, represent an important step in strengthening the country's semiconductor ecosystem and accelerating the development of local technology, said Investment, Trade, and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Renewable Energy Exports Via ENEGEM Based On Excess Supply -- PETRA

KUALA LUMPUR, March 4 (Bernama) -- The implementation of renewable energy (RE) exports through the Energy Exchange Malaysia (ENEGEM) is based on excess electricity from the existing electricity supply system, said the Ministry of Energy Transition and Water Transformation (PETRA).

LRT3 Scheduled To Begin Operation On Sept 30 -- Mot

KUALA LUMPUR, Feb 27 (Bernama) -- The Light Rail Transit Line 3 (LRT3) in the Klang Valley is scheduled to start operation on Sept 30, 2025, after the project’s hand-over to Prasarana Malaysia Bhd by the turnkey contractor on July 31.

MITI Reviews Five Legislations To Strengthen Industrial Development

KUALA LUMPUR, Feb 14 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is reviewing five legislations to strengthen industrial development which the ministry intends to present to parliament this year.