There are 31 news based on search keyword " remittance"

Banks In Malaysia, APAC Economies Less Impacted By Higher Energy Prices - Moody's Ratings

KUALA LUMPUR, May 25 (Bernama) -- Banks in Malaysia and some Asia-Pacific (APAC) economies will be less impacted by higher energy prices, according to Moody’s Ratings.

IMF Raises Malaysia’s Real GDP Growth Forecast To 4.7 Pct For 2026, 4.3 Pct In 2027

KUALA LUMPUR, April 14 (Bernama) -- The International Monetary Fund (IMF) has raised its projection for Malaysia's real gross domestic product (GDP) growth to 4.7 per cent for 2026, representing an upward revision of 0.4 percentage points.

Airwallex Gains BNM Approval For Full Payment Services In Malaysia

KUALA LUMPUR, April 1 (Bernama) -- Airwallex, a global financial and payments platform, has secured approval from Bank Negara Malaysia (BNM) for its e-money issuing and Class A licences, enabling it to roll out a full suite of payment services in the country.

Malaysia's Current Account Surplus To Grow 1.5-2.5 Pct Of GDP In 2026 - CIMB

KUALA LUMPUR, April 1 (Bernama) -- Bank Negara Malaysia (BNM) has projected Malaysia’s current account surplus to widen to 1.5-2.5 per cent of gross domestic product (GDP) in 2026, according to CIMB Treasury and Market Research.

Airwallex Secures BNM Approval For E-money, Class A Licences In Malaysia

KUALA LUMPUR, April 1 (Bernama) -- Global financial and payments platform, Airwallex, has received approval from Bank Negara Malaysia (BNM) for its e-money issuing and Class A licences, which will provide a complete suite of payment services in Malaysia. 

BNM: Malaysia’s E-Payment Transactions Jump 25 Pct To 18.4 Bln In 2025

KUALA LUMPUR, March 31 (Bernama) -- E-payment transactions grew by 25 per cent to 18.4 billion, compared to 14.7 billion in 2024, with each Malaysian making 538 e-payments in 2025 on average, a 25 per cent increase from 432 in 2024. 

XTransfer Gets BNM's Conditional Nod For Key Payment Licences

KUALA LUMPUR, Feb 26 (Bernama) -- Business-to-business cross-border trade payment platform XTransfer has received conditional approval from Bank Negara Malaysia (BNM) for key payment licences,  including issuing electronic money and a money services business licence (Class A) covering remittance and currency exchange.

UPI Rollout To Enhance Payment Efficiency, Reduce Transaction Costs

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 10 (Bernama) -- India’s Unified Payments Interface (UPI) system, which is set to enter the Malaysian market, will enhance payment efficiency, reduce transaction costs and support smoother digital transactions between Malaysian and Indian firms, as well as for consumers and diaspora communities.

Malaysia, India Recognise Great Strides By Petronas, Gentari In India’s Green Energy Push

PUTRAJAYA, Feb 8 (Bernama) -- Malaysia and India recognise the significant progress made by Petroliam National Bhd (Petronas) and Gentari in India’s renewable energy and green hydrogen landscape in the energy sector.

KAF Digital Bank Appoints Suzaini Mukhtar As CEO

KUALA LUMPUR, Feb 4 (Bernama) -- KAF Digital Bank Bhd has appointed Suzaini Mukhtar as chief executive officer (CEO), effective Feb 1, 2026.

SC To Review Derivatives Levy Remittance By Bursa Malaysia Before 2028

KUALA LUMPUR, Jan 7 (Bernama) -- Bursa Malaysia Bhd today clarified that the amount of remittance from derivatives levy to the Securities Commission Malaysia (SC) will be reviewed by the commission prior to the expiry of the three-year period ending in 2028.

RHB Enhances Multi-currency Debit Card For Seamless Overseas Transactions

KUALA LUMPUR, Dec 23 (Bernama) -- RHB Banking Group plans to enhance its multi-currency debit card by adding two or three more foreign currencies by the second quarter of 2026, said its consumer finance head, Sien Vee Loc.