PAAB Establishes Malaysia’s First Sustainable Islamic Finance Framework With Blue Finance Elements

KUALA LUMPUR, March 19 (Bernama) -- Pengurusan Aset Air Bhd (PAAB) has established Malaysia’s first sustainable Islamic finance framework that incorporates blue finance elements, with Maybank Investment Bank Bhd (Maybank IB) serving as the sole sustainability structuring adviser.

New Hire-purchase Rules To Benefit Borrowers, Minimal Impact On Banks

KUALA LUMPUR, March 18 (Bernama) -- The introduction of key amendments to hire-purchase financing practices under the Hire-Purchase (Amendment) Act 2026 (HPAA) marks a significant move in strengthening borrowers’ protection, particularly for those looking to sell vehicles before their financing contracts mature, an economist said.

MDEC Secures RM87.4 Bln Digital Investments In 2025, Driven By AI

PUTRAJAYA, March 18 (Bernama) -- The Malaysia Digital Economy Corporation (MDEC) has secured RM87.4 billion in approved digital investments in 2025, largely driven by the rapid growth of artificial intelligence (AI), big data, data centres and cloud services.

Global Air Travel Demand Will More Than Double By 2050 -- IATA

KUALA LUMPUR, March 17 (Bernama) -- The International Air Transport Association (IATA) has released its Long-Term Demand Projections (LTDP) report for air travel, which projected that global air passenger demand will more than double by 2050.

EIG’s MidOcean Energy Secures US$1.2 Bln Equity Raise

KUALA LUMPUR, March 17 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, announced it has secured an equity capital raise of more than US$1.2 billion. (US$1=RM3.91)

Hire-Purchase (Amendment) Act 2026 Allow Providers To Offer Fixed Rate, Variable Rate Loans -- BNM

KUALA LUMPUR, March 17 (Bernama) -- The Hire-Purchase (Amendment) Act 2026 (HPAA) continues to allow hire-purchase providers to offer both fixed-rate and variable-rate loans, said Bank Negara Malaysia (BNM).

Cushman & Wakefield Appoints Victoria Lake As CFO For APAC, EMEA

KUALA LUMPUR, March 17 (Bernama) -- Cushman & Wakefield, a global real estate services firm, has appointed Victoria Lake as Chief Financial Officer (CFO) for Asia Pacific (APAC) and Europe, the Middle East, and Africa (EMEA).

ASEAN’s Future Remains Positive Amid Geopolitical Tensions In West Asia - Cheah

PETALING JAYA, March 16 (Bernama) -- The outlook for ASEAN remains optimistic despite geopolitical headwinds from the conflict in West Asia involving Iran and the United States, said Sunway Group founder and chairman Jeffrey Cheah.

MyCIF Gets Additional RM20 Mln, Total Allocation Hits RM50 Mln In 2026 -- Amir Hamzah

KUALA LUMPUR, March 16 (Bernama) -- The government will allocate an additional RM20 million to the Malaysia Co-investment Fund (MyCIF), in addition to the RM30 million announced in Budget 2026, bringing the total allocation this year to RM50 million.

TNB, TM Team Up On Green Energy, Digital Infrastructure

KUALA LUMPUR, March 16 (Bernama) -- Tenaga Nasional Bhd (TNB) and Telekom Malaysia Bhd (TM) have embarked on a strategic collaboration to strengthen cooperation in green energy solutions while developing smarter, more sustainable, and interconnected energy and telecommunications infrastructure across the country.

BNM Likely To Assess Oil Shock Impact Before Interest Hike To Counter Inflation - Economist

By Karina Imran

KUALA LUMPUR, March 15 (Bernama) -- Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said policymakers are likely to assess the situation before raising interest rates to contain inflation resulting from the impact of the conflict in West Asia and surging oil prices.

ASEAN Economic Ministers: Middle East Tensions Pose Risks To Region's Economic Stability, Energy Security

KUALA LUMPUR, March 13 (Bernama) -- Continued tensions in the Middle East will have impact on economic security and stability, the livelihoods of millions of people in the region, and hinder economic progress in ASEAN, according to a joint statement by the ASEAN Economic Ministers.