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Audit report: Federal govt channels grants worth RM39.74 bln to 1MDB

Audit report: Federal govt channels grants worth RM39.74 bln to 1MDB

The grants were intended for principal repayment and other expenses, including bond interest and coupon payments, according to the report.
Mon Oct 14 2024
Beyond the Score: How Alternative Data, AI are Opening Up New Doors for Credit Access

Beyond the Score: How Alternative Data, AI are Opening Up New Doors for Credit Access

Credit scores are often misunderstood. Erick Hamburger, Group CEO of CTOS Digital Berhad, addresses these concerns and explains how alternative data - like telco payments and streaming subscriptions - and AI are transforming credit access, even for those lacking a traditional credit history.
Sat Oct 05 2024
Malaysia, Cambodia enable instant cross-border QR payments - BNM

Malaysia, Cambodia enable instant cross-border QR payments - BNM

BNM says consumers and merchants in both countries will be able to make and receive instant cross-border QR payments under this initiative.
Thu Sep 19 2024
MACC launches investigation into 1BestariNet project

MACC launches investigation into 1BestariNet project

The investigation is into payment claims related to the Ministry of Education's 1BestariNet service tender, valued at RM4 billion.
Wed Sep 04 2024
Airlines need to provide full refund for delays of five hours and more - Loke

Airlines need to provide full refund for delays of five hours and more - Loke

For flight disruptions caused by extraordinary circumstances, airlines are required to first offer a refund in the original mode of payment.
Wed Aug 28 2024
AWANI Review: PayNet: Driving Malaysia's Cashless, Digital Future

AWANI Review: PayNet: Driving Malaysia's Cashless, Digital Future

In 2023, PayNet processed RM5.15 trillion in transactions—3.3 times Malaysia’s Real GDP. As Malaysia advances its cashless journey, Group CEO Farhan Ahmad discusses the future of digital payments and financial inclusion, impact of Gen AI on payments and preparing for evolving threats.
Sat Aug 24 2024
STR Phase 3 payments to begin Aug 29 for 8.5 million recipients

STR Phase 3 payments to begin Aug 29 for 8.5 million recipients

MOF said recipients would receive payments of up to RM650 according to respective categories, with financial implication of RM1.7 billion.
Fri Aug 23 2024
MyJPJ rekod lebih RM28 juta transaksi dalam tempoh sebulan

MyJPJ rekod lebih RM28 juta transaksi dalam tempoh sebulan

JPJ merekodkan kutipan lebih RM28 juta menerusi aplikasi MyJPJ bulan lepas iaitu sebulan selepas transaksi dalam talian diperkenalkan pada Jun.
Thu Aug 15 2024
Petronas to pay five per cent cash to Terengganu on oil extraction

Petronas to pay five per cent cash to Terengganu on oil extraction

If no petroleum is found within Terengganu's three-nautical-mile territorial sea, Petronas is not obligated to make any cash payment.
Wed Jul 17 2024
Fed govt, Sabah each received around RM 23 bln in petroleum revenue since 1976 - PMO

Fed govt, Sabah each received around RM 23 bln in petroleum revenue since 1976 - PMO

The PMO said Petronas has consistently fulfilled all cash payment obligations from petroleum production.
Thu Jul 11 2024
Second LCS 64.66 pct complete, says defence minister

Second LCS 64.66 pct complete, says defence minister

Datuk Seri Mohamed Khaled Nordin said total payments made for the construction of the second LCS are based on the signed contract.
Mon Jun 24 2024
Trump sought to 'hoodwink' voters with porn star payment, prosecutor tells jury

Trump sought to 'hoodwink' voters with porn star payment, prosecutor tells jury

If found guilty, Trump faces up to four years in prison, although imprisonment is unlikely for a first-time felon convicted of such a crime.
Wed May 29 2024
Credit, debit cards can now be used at all Rapid KL counters

Credit, debit cards can now be used at all Rapid KL counters

Rapid Rail said the introduction of the new payment method, provided as an additional option to the existing ones.
Wed May 01 2024
On first day of Trump hush money trial, prosecutors say he corrupted 2016 election

On first day of Trump hush money trial, prosecutors say he corrupted 2016 election

Prosecutors portrayed the payment as criminal effort to deceive voters, while Donald Trump was facing other accusations of sexual behavior.
Tue Apr 23 2024
Lawyers select 12 jurors to serve in Trump hush-money case

Lawyers select 12 jurors to serve in Trump hush-money case

12 jurors will assess Donald Trump guilt or innocence over the coming weeks in a case stemming from a hush-money payment to a porn star.
Fri Apr 19 2024