In-depth reporting on Malaysia and the region.
More than 25,000 residents of Pulau Bum-Bum now have access to Sumbangan Asas Rahmah (SARA) assistance locally through Koperasi Anugerah Hj Badli, eliminating the need for costly boat trips to mainland Semporna.
Credit Guarantee Corporation Malaysia honoured 32 MSMEs and financial institutions at its 31st annual awards, highlighting business resilience and Bumiputera entrepreneurship while launching a RM10 billion guarantee scheme.
Malaysia executed 35 cloud seeding operations between February and June to counter El Niño effects on water resources. Meanwhile, the Progressive Wage Policy has lifted entry-level worker median wages to RM2,200, benefiting over 51,000 employees nationwide.
India is rolling out a unified customer identification system called CKYC 2.0 starting in August, allowing seamless access to banking, insurance and investment products without repeated document submissions.
Parliament is expected to examine persistent internet connectivity problems and the fiscal strain from fuel subsidies amid Middle East geopolitical tensions, alongside measures for self-employed workers seeking home financing.
Sarawak is evaluating a plan to extend its Amanah Saham Sarawak (ASSAR) investment scheme to non-Bumiputera residents via a new fund mechanism, aligning with the state's inclusive growth strategy.
CIMB Islamic Bank will launch the CIMB Lite-i credit card by October 2026, offering affordable credit with a 14% annual profit rate, no annual fee, and non-compounding interest to underserved Malaysians managing daily expenses.
The MADANI government is reinforcing its commitment to financial stability through coordinated efforts with Bank Negara Malaysia and the banking sector, introducing consumer-friendly products and targeted relief for businesses affected by global economic headwinds.