PETALING JAYA: Bank Negara Malaysia (BNM) and the Monetary Authority of Singapore (MAS) have announced plans to commence a phased linkage of Malaysia’s DuitNow and Singapore’s PayNow real-time payment systems. The first phase of the DuitNow-PayNow linkage will be launched in the fourth quarter of 2022 and will allow customers of participating financial institutions to … Read more
PETALING JAYA: OCBC Bank (Malaysia) Bhd has rolled out its residential solar panel financing plan for individuals. With this, residential homeowners may apply for either its solar panel financing plan or Easy Payment Plan. Solar panels can save up to 85% or even more in electricity bills after a one-time installation. The bank is offering … Read more
PETALING JAYA: Despite having the largest-ever total development expenditure of RM400 billion, the 12th Malaysian Plan 2021-2025 (12MP) unveiled by Prime Minister Datuk Seri Ismail Sabri Yaakob today managed to extract only lukewarm response from the markets. On Bursa Malaysia today, the FBM KLCI closed at 1,533.05 points, a 0.99 point or 0.06% improvement over … Read more
PETALING JAYA: Malaysia’s export performance saw a 12th straight month of year-on-year (y-o-y) expansion, growing 18.4% to RM95.6 billion in August this year, supported by domestic exports and re-exports. According to the Statistics Department, domestic exports stood at RM79.1 billion, contributing 82.7% to total exports, which translates into an 18.7% expansion, while re-exports were valued … Read more
PETALING JAYA: Raya Airways Sdn Bhd recently embarked on a proof of commercialisation (POC) in partnership with Pen Aviation Sdn Bhd to demonstrate the commercial viability of utilising drones to transport goods. This marks a significant milestone for Raya Airways, setting it on track to be the first Malaysian freight service provider in Asean to … Read more