Bank Negara Malaysia (BNM) has given banking institutions until end- 2019 to revise “unfair” terms and conditions, and improve clarity by using  plain language for both new and existing housing loan and financing contracts.

BNM tells banks to use plain language in housing loan contracts

Bank Negara Malaysia (BNM) has found that some terms and conditions in housing loans and financing contracts are disproportionately skewed in favour of banking institutions, to the detriment of consumers.

Unfair housing loan terms to be revised by end 2019

Bank Negara Malaysia (BNM) has classified 2018 as a year that insurance and takaful players proving their resiliency, with profitability for the sector going down in the year.

Insurance industry proves resilient in 2018 despite lower profitability

Bank Negara Malaysia (BNM) said the monetary value of mobile banking financial transactions doubled to RM100.1 billion last year, with 257.4 million transactions, from RM50.7 billion with 107.7 million transactions in 2017.

Value of mobile banking transactions doubled in 2018

PETALING JAYA (March 28): The rejection rate of housing applications has declined to below the average rate of about a quarter of all cases, said Bank Negara Malaysia (BNM) in its Financial Stability and Payment Systems Report 2017.

The report stated that the rejection rate of ...

Rejection rate of housing loan applications drops below average, says Bank Negara

PETALING JAYA (March 28): The authorities, property developers, owners, and other stakeholders in the real estate sector are urged to come up with specific measures to reduce the severe imbalances in the office and shopping complex segments that threaten the rest of the economy, according to the ...

Stakeholders must collaborate to reduce severe imbalances in the retail, office segments

PETALING JAYA (March 28): Loans for the purchase of residential properties remain the largest component of household debt, representing 52% of total household loans, according to Bank Negara Malaysia’s (BNM) Financial Stability and Payment Systems Report 2017 released today.

...

Housing loans make up half of household debt, reflects affordability issues

KUALA LUMPUR (March 23): Malaysia's household debt-to-gross domestic product (GDP) ratio contracted to 88.4% as at end 2016 from 89.1% in 2015, as households cut loan exposure for purchases of non-residential properties, cars and securities.

Bank Negara said in its 2016 Financial St...

Malaysia's 2016 household debt to GDP ratio falls to 88.4% 

KUALA LUMPUR (March 23): Malaysia's household debt-to-gross domestic product (GDP) ratio contracted to 88.4% as at end 2016 from 89.1% in 2015, as households cut loan exposure for purchases of non-residential properties, cars and securities.

Bank Negara said in its 2016 Financi...

KUALA LUMPUR (March 23): The level of household debt-to-gross domestic product (GDP) ratio continued to be elevated at 89.1% amid the more moderate growth in nominal GDP in 2015, according to Bank Negara Malaysia.

"The capacity of households to service debt has however generally remaine...

Household debt-to-GDP elevated at 89.1%

KUALA LUMPUR (March 23):  The greater flexibility provided for the insurance industry to price motor and fire products under the new liberalisation initiative will promote competition, says Bank Negara Malaysia (BNM), adding this in turn will drive improvements in underwriting and claims man...

Premium rates for motor, fire products will be priced fairly over time

A generation of investors grew up believing that Genting Bhd (KL:GENTING) was a cash-generating machine where nothing can go wrong even during the worst of times.

Genting loses its lustre

Chinese chipmaker CXMT Corp reported a surge in preliminary profit and sales during the first nine months of the year after global demand for memory sent prices of the components soaring.

China’s CXMT swings to profit after memory chip prices surge

Here is a brief recap of some business news and corporate announcements that made the headlines on Friday.

Zetrix AI, Genting, Genting Plantation, IOI Properties, Public Bank, RHB Bank, Cape EMS, Turiya, EGH International, Westsports Holdings & Cosmos Tech 

ExxonMobil Holdings Corp is the latest oil supermajor to signal soaring third-quarter refining profits as wars in the Persian Gulf and Russia crippled fuel-making facilities causing prices to surge.

Exxon signals record refining earnings on soaring diesel prices 

IOI Properties Group Bhd (KL:IOIPG) said its board has yet to deliberate on the potential acquisition of Singapore properties mentioned by its chief executive officer in a media report.

IOI Properties board yet to deliberate on potential Singapore acquisitions

Shipping estimates for Apple Inc’s first folding phone, the iPhone Duo, slipped into December and beyond within minutes of the company opening pre-orders on Friday.

Apple iPhone Duo orders slip into 2027 amid pre-order frenzy

The benchmark S&P 500 was muted on Friday as worries about cracks in the AI trade pressured semiconductor stocks, while gains in banks limited overall declines.

S&P 500 subdued as gains in banks offset AI jitters; Dow at one-month high

Ukrainian President Volodymyr Zelenskiy took aim on Friday at US President Donald Trump's diesel deal with Russia and welcomed the prospect of European allies stepping up their role in talks, calling Moscow's stance a "parody" of peace negotiations.

Zelenskiy blasts Trump's diesel deal and calls Russian peace moves a 'parody'

Parti Amanah Negara (Amanah) president Datuk Seri Mohamad Sabu stated that the party has been allocated eight state legislative assembly (DUN) seats to contest in the Melaka state election (PRN).

Amanah allocated eight seats in Melaka polls — Mohamad Sabu

The US is on track to install record amounts of clean energy this year and next as developers race to claim expiring federal tax credits and as soaring data-centre electricity demand stimulates growth.

US clean energy set to reach new highs as tax-credit cliff looms

Bank Negara Malaysia (BNM) has maintained additional capital buffer requirements for the country’s three biggest banks: Malayan Banking Bhd (KL:MAYBANK), CIMB Group Holdings Bhd (KL:CIMB) and Public Bank Bhd (KL:PPBANK).

Bank Negara keeps Maybank, CIMB and Public Bank on systemically important banks list, with capital buffers unchanged

Here is a brief recap of some business news and corporate announcements that made the headlines on Friday.

Zetrix AI Bhd (KL:ZETRIX) faces potential sukuk payment obligations of RM2.16 billion if it fails to resolve a covenant breach by Oct 22, which could trigger a payment default.

Zetrix on the hook for RM2.16 bil as sukuk holders sound alarm bell  

Public Bank Bhd (KL:PBBANK) could see its consolidated net assets and earnings per share reduced by four sen, following an expected HK$1.964 billion — or about RM1.1 billion — goodwill impairment at its Hong Kong-listed subsidiary, Public Financial Holdings Ltd (PFHL).

Public Bank’s HK unit to take HK$1.9b non-cash impairment, trimming parent’s net assets and earnings by four sen per share

Chinese chipmaker CXMT Corp reported a surge in preliminary profit and sales during the first nine months of the year after global demand for memory sent prices of the components soaring.

IOI Properties Group Bhd (KL:IOIPG) said its board has yet to deliberate on the potential acquisition of Singapore properties mentioned by its chief executive officer in a media report.

Shipping estimates for Apple Inc’s first folding phone, the iPhone Duo, slipped into December and beyond within minutes of the company opening pre-orders on Friday.

The benchmark S&amp;P 500 was muted on Friday as worries about cracks in the AI trade pressured semiconductor stocks, while gains in banks limited overall declines.

Electronics contract manufacturer Cape EMS Bhd (KL:CAPE) is collaborating with Taiwan-listed FIC Global Inc (FICG) to serve as its strategic partner in the latter’s optical transceivers manufacturing expansion in Johor.

Cape EMS partner FIC Global unit for Johor expansion, proposes RM50 mil RCPS issuance

The US is on track to install record amounts of clean energy this year and next as developers race to claim expiring federal tax credits and as soaring data-centre electricity demand stimulates growth.

ExxonMobil Holdings Corp is the latest oil supermajor to signal soaring third-quarter refining profits as wars in the Persian Gulf and Russia crippled fuel-making facilities causing prices to surge.

A weekly round-up of tanker and dry bulk market (Oct 16, 2026)

Baltic Exchange shipping updates: Oct 16, 2026

Parti Amanah Negara (Amanah) president Datuk Seri Mohamad Sabu stated that the party has been allocated eight state legislative assembly (DUN) seats to contest in the Melaka state election (PRN).

US factory production increased in September, but lost considerable momentum in the third quarter amid headwinds from the Middle East conflict, which has snarled supply chains and raised energy prices.

US manufacturing output rises in September

The head of the IMF on Friday appealed to global leaders to cooperate in the face of multiple economic risks, including rapid advances in AI and a prolonged war in the Middle East, as Washington hailed what it sees as US-led economic momentum.

IMF chief urges cooperation on AI and war risks, as US hails economic momentum

Bank of Japan (BOJ) governor Kazuo Ueda said he “can’t tolerate” underlying inflation rising further above 2%.

Ueda ‘can’t tolerate’ underlying inflation further over 2%

A generation of investors grew up believing that Genting Bhd (KL:GENTING) was a cash-generating machine where nothing can go wrong even during the worst of times.

（吉隆坡16日讯）Datuk Vijayasundaram Jeyabalan通过私下配售，认购Turiya Bhd（KL:TURIYA）2287万2000股或9.091%股权后，成为该公司第二大股东。

BNM Financial Stability And Payment Systems Report

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BNM Financial Stability And Payment Systems Report

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