Fast, factual wire coverage from across Malaysia and the region.
Credit Guarantee Corporation Malaysia honoured 32 outstanding MSMEs at the 31st CGC Awards 2025, recognising business resilience and inclusive growth. The ceremony marked the launch of a RM10 billion guarantee scheme targeting 12,100 enterprises.
India is rolling out a unified customer identification system across banking and insurance from August, eliminating repeated document submissions and potentially expanding access to mutual funds and investment products.
CIMB Islamic Bank is launching the CIMB Lite-i credit card by October 2026, offering lower costs and simpler terms to expand credit access among Malaysian consumers managing daily expenses and short-term cash needs.
Agrobank has gathered financing applications exceeding RM8 million through direct engagement with hawkers and small traders, expanding its outreach initiative from the Klang Valley to Sabah's Api-Api Night Market and Tamu Papar Farmers' Market.
Agrobank has fielded more than RM8 million in financing requests from traders at Api-Api Night Market in Kota Kinabalu, reflecting the bank's push to improve capital access for micro-entrepreneurs across Sabah and beyond major urban centres.
Malaysia's government is stepping up efforts to promote RM5 billion in micro-financing schemes through agencies like Agrobank and TEKUN Nasional, with Treasury officials visiting markets to reach small traders and entrepreneurs directly.