By Anas Abu Hassan
KUALA LUMPUR, Oct 17 (Bernama) -- The ringgit ended the week marginally higher against the American dollar on Friday as worries over US banks weighed on the greenback amid US-China trade tensions.
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 17 (Bernama) -- Bursa Malaysia opened higher on Friday, supported by buying in selected heavyweights despite cautious sentiment following Wall Street’s weaker overnight performance.
KUALA LUMPUR, Oct 13 (Bernama) -- Bank Negara Malaysia (BNM) will adopt the Malaysian Islamic Overnight Rate (MYOR-i) as the mandatory reference rate for all Islamic financial products beginning July 1, 2027, marking a major structural reform in the country’s Islamic finance landscape.
KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2026 strikes a balance between delivering investment stimulus, supporting the growth of new economic sectors and providing social relief, while maintaining fiscal discipline to stay on track with the Fiscal Responsibility Act’s medium-term target of a 3.0 per cent budget deficit to gross domestic product.
KUALA LUMPUR, Oct 10 (Bernama) -- The announcement on financing guarantees, entrepreneurship incentives and digitalisation programmes for small enterprises in Budget 2026 will enable them to scale and strengthen resilience, said banks.
By Karina Imran and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia’s financial market outlook remains positive, buoyed by strong macroeconomic fundamentals, supportive monetary policy and ongoing structural reforms aimed at driving sustainable economic growth.
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 10 (Bernama) -- The government’s combined debt and liabilities stood at RM1.69 trillion, equivalent to 84.1 per cent of gross domestic product (GDP) as at end-June 2025, compared with RM1.63 trillion or 84.5 per cent of GDP as at end-December 2024, according to the Ministry of Finance (MoF).
LABUAN, Oct 10 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) has granted conditional approvals to Green Digital Bank Corp and Fasset Islamic Digital Bank Ltd to operate as Islamic digital banks within the Labuan International Business and Financial Centre (Labuan IBFC).
KUALA LUMPUR, Oct 9 (Bernama) -- Small and medium enterprises (SMEs) must embrace emerging technologies to strengthen their position in the global supply chain, said the Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, Oct 9 (Bernama) -- Growth in the ASEAN+3 region is projected at 4.1 per cent in 2025 and 3.8 per cent in 2026, an upward revision from July’s forecast, supported by robust first-half performance and stronger-than-expected export momentum.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 8 (Bernama) – Digital banks are urging the government to prioritise the distribution of targeted subsidies and cash aid in Budget 2026 through digital banking platforms, highlighting their potential to deliver a more equitable and efficient system.
By Karina Imran
KUALA LUMPUR, Oct 7 (Bernama) -- Budget 2026 must strike the right balance between fiscal consolidation and growth-supportive measures to ensure resilience in the banking sector and the broader economy, said RHB Banking Group.
