News Archive

Base Rate Malaysia 2015

Bank Negara Malaysia announced on 19th March 2014 that the BLR(Base Lending Rate) structure is to be replaced with a new BR (Base rate) system where banks in Malaysia can freely adjust their interest rates without intervention from Bank Negara. Financial instituitions such …

BR1M 2017

BR1M is a scheme that was established by the Malaysian Government to help the poor. This scheme was first established in 2012. The basic concept behind BR1M scene is to provide financial help to the families and individuals who has low monthly incomes …

Flour subsidy to be reduced

It is time to brace yourself for another subsidy cut. Domestic Trade, Co-operatives and Consumerism Minister Datuk Hasan Malek recently said that consumer must be prepared for the possibility of price hike in sugar and flour prices although government has maintained there will be …