AM Best Affirms Mongolian Re Credit Ratings
KUALA LUMPUR, Dec 5 (Bernama) -- AM Best has affirmed the financial strength rating of B (Fair) and the long-term issuer credit rating of “bb+” (Fair) of Mongolian National Reinsurance JSC (Mongolian Re).
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BNM’s International Reserves At US$124.1 Bln As At Nov 28
KUALA LUMPUR, Dec 5 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) amounted to US$124.1 billion as at Nov 28, 2025, unchanged from Oct 31, 2025.
Targeted Subsidy Doesn't Increase National Debt, Savings Up To RM4 Bln Per Year -- MoF
KUALA LUMPUR, Dec 4 (Bernama) -- The implementation of targeted subsidy does not increase national debt, but rather an important strategy to reduce long-term liabilities, stabilise the fiscal position and strengthen investor confidence in Malaysia’s economic prospects.
Basic Medical And Health Insurance Introduced In 2027 To Be A Standalone Product -- MoF
KUALA LUMPUR, Dec 4 (Bernama) -- The basic medical and health insurance (MHIT) to be introduced in early 2027 will be a standalone product and not linked to investments, according to the Finance Ministry (MoF).
Dewan Rakyat Approves RM14.63 Bln Transfer To Development Fund
KUALA LUMPUR, Dec 4 (Bernama) -- The Dewan Rakyat today approved the Finance Ministry’s motion to transfer RM14.631 billion of the remaining Malaysian Government Investment Issues (MGII) proceeds for the August-December 2025 period to the Development Fund.
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).
PAC Urges Khazanah To Strengthen Non-financial Risk Analysis
KUALA LUMPUR, Dec 3 (Bernama) -- The Public Accounts Committee (PAC) has recommended that Khazanah Nasional Bhd strengthen its risk management framework by conducting deeper scenario analyses on non-financial market shocks such as technological and geopolitical changes.
Tengku Zafrul Appointed As MIDA Chairman
KUALA LUMPUR, Dec 3 (Bernama) -- Former Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz has been appointed as Malaysian Investment Development Authority (MIDA) chairman effective today.
Sabah Budget 2026 To Be Tabled On Dec 12 - Masidi
KOTA KINABALU, Dec 3 (Bernama) -- The newly formed Sabah state government, following the 17th state election, is expected to table Sabah’s Budget 2026 on Dec 12.
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).
Govt Committed To RON95 Targeted Subsidy, Rejects World Bank Proposal - Anwar
KUALA LUMPUR, Dec 2 (Bernama) -- The government remains committed to the targeted subsidy approach for RON95 petrol under the BUDI MADANI RON95 (BUDI95) programme and rejects the World Bank’s proposal to raise it to market price, said Prime Minister Datuk Seri Anwar Ibrahim.