5d ago
KUALA LUMPUR, March 12 (Bernama) -- Buy now, pay later (BNPL) use among Malaysian youth raises concern as those aged 30 and below make up about 40 per cent of BNPL transactions in the country, Deputy Finance Minister Liew Chin Tong said.
15d ago
KUALA LUMPUR, March 2 (Bernama) -- The risk associated with consumer loans under the Buy Now, Pay Later (BNPL) scheme remains under control and is expected to stay at 0.3 per cent of Malaysia’s total household debt, according to the Ministry of Finance (MOF).
15d ago
KUALA LUMPUR, March 2 (Bernama) -- The next phase of growth for micro, small, and medium enterprises (MSMEs) depends on how intelligently transaction data is harnessed, according to Paydibs, a digital payments company.
15d ago
PUTRAJAYA, March 2 (Bernama) -- Credit providers and credit service providers are required to meet licensing requirements and register with the Consumer Credit Commission (CCC) effective June 1, 2026, in line with the Consumer Credit Act 2025 (Act 873) (CCA).
22d ago
KUALA LUMPUR, Feb 23 (Bernama) -- Petronas Chemicals Group Bhd posted a net loss of RM2.14 billion in the financial year ended Dec 31, 2025 (FY2025), compared to a net profit of RM1.17 billion in the previous year.
23d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Feb 22 (Bernama) -- Many Malaysians may be tightening their belts, but when it comes to Hari Raya Aidilfitri, cutting back is often not an option, as households continue to prioritise festive spending despite ongoing cost-of-living pressures.
26d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 19 (Bernama) -- The 1.6 per cent increase in Malaysia’s consumer price index (CPI) for January 2026 is considered manageable, as the components that saw significant rises account for only a small share of the index, said an economist.
1m ago
KUALA LUMPUR, Jan 27 (Bernama) -- Outstanding ‘Buy Now, Pay Later’ (BNPL) loans in Malaysia stood at RM4.9 billion as at Dec 31, 2025, accounting for 0.3 per cent of the country’s total household debt, Deputy Finance Minister Liew Chin Tong said.
1m ago
KUALA LUMPUR, Jan 23 (Bernama) -- Xsolla, a global video game commerce company, announced a significant expansion of its payment solutions in Japan through a new integration with Paidy, the country’s leading Buy Now Pay Later (BNPL) service.
2m ago
PUTRAJAYA, Jan 15 (Bernama) -- The non-performing loan (NPL) rate for the guarantee scheme under Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) remains low at around two per cent in line with the growth of small and medium enterprises (SMEs).
3m ago
PUTRAJAYA, Dec 7 (Bernama) -- The Public Sector Home Financing Board (LPPSA) is set to make history by launching its first-rated sukuk programme next year, a strategic move aimed at expanding its funding ecosystem while supporting the government’s efforts in prudently managing the country’s liabilities.
3m ago
KUALA LUMPUR, Dec 5 (Bernama) -- The contract structure and operations of companies offering ‘Buy Now Pay Later’ (BNPL) services need to be examined carefully to obtain a clear picture of the Shariah compliance status of such transactions.