Singapore DPM Gan Kim Yong Named Honorary Co-Chair of Bloomberg New Economy Advisory Board
Singapore’s Deputy Prime Minister Gan Kim Yong has been appointed Honorary Co-Chair of the Bloomberg New Economy Advisory Board, ahead of the New Economy Forum returning to Singapore for its fifth year in November 2025. His appointment underscores Singapore’s central role in shaping global economic resilience amid increasing geopolitical and economic uncertainty. SINGAPORE, 7 AUGUST 2025 – Singapore’s Deputy Prime Minister and...
Bank Islam and Opus Asset Management Forge Strategic Alliance to Expand Shariah-Compliant Investment Access
Bank Islam Malaysia Berhad and Opus Asset Management have signed a strategic MoU to broaden access to Shariah-compliant fixed income solutions, aiming to provide clients with secure and ethical investment options. The collaboration enhances wealth management offerings while reinforcing commitments to responsible investing. MALAYSIA, 23 JULY 2025 – In a move to enhance ethical investment offerings in Malaysia, Bank Islam Malaysia...
Malaysia’s Securities Commission Partners with Durham University to Groom Next-Gen Financial Regulators
The Securities Commission Malaysia (SC) has launched the Young Regulators Development Programme (YRDP) in collaboration with Durham University, UK, to build future-ready capital market regulators across ASEAN and IOSCO member countries. The annual two-week programme begins in 2025 and aims to enhance regulatory capacity and international collaboration. MALAYSIA, 12 JULY 2025 – The Securities Commission Malaysia (SC) has...
Moomoo Malaysia Wins Big at Malaysia Technology Excellence Awards 2025 for Fintech Innovation
Within just one year of launch, Moomoo Malaysia clinched two top Fintech awards, solidifying its position as a leading digital brokerage by blending AI-powered tools, financial education, and seamless global access for Malaysian investors. MALAYSIA, 4 APRIL 2025 – Moomoo Securities Malaysia Sdn. Bhd. (Moomoo Malaysia) has been honoured with two prestigious accolades — Fintech – Brokerage and Fintech – Financial...
TOP1 Markets Rebrands as TOPONE Markets for Smarter Investing
In February 2025, TOP1 Markets officially rebranded as TOPONE Markets, unveiling a refreshed identity, cutting-edge AI-powered trading tools, and enhanced services designed to empower investors of all levels. SINGAPORE, 12 March 2025 – The transition from TOP1 Markets to TOPONE Markets marks more than just a name change—it signifies a complete transformation in brand philosophy, technology, and user experience. With a refined...
Bizcap Joins AFG Lending Panel to Expand SME Financing Options
Bizcap, a leading provider of fast and flexible business loans, has joined the Australian Finance Group (AFG) lending panel, offering brokers more financing solutions for SMEs. This partnership enhances access to alternative lending, catering to businesses that may not qualify for traditional loans. AUSTRALIA, 26 February 2025 – Bizcap, a prominent provider of rapid and adaptable business loans, has officially joined the...
Kenanga Group Achieves Record RM1 Billion Revenue in FY2024 Amid Strong Investment Gains
Kenanga Investment Bank Berhad posted record-breaking financial results for FY2024, with revenue surging 22.3% to RM1.0 billion and net profit rising 31.6% to RM95.8 million. The strong performance was driven by strategic investment gains, increased trading income, and robust contributions from its core business divisions. MALAYSIA, 26 February 2025 – Kenanga Investment Bank Berhad (“Kenanga Group” or “the...
Malaysia Launches One-Stop Shop for Financial Dispute Resolution
Malaysia has streamlined financial dispute resolution with the launch of the Financial Markets Ombudsman Service (FMOS), a centralized platform offering free mediation and adjudication for consumers and investors. The new service, jointly overseen by Bank Negara Malaysia and the Securities Commission Malaysia, aims to boost consumer confidence and improve efficiency in resolving financial disputes. 23 January 2025 – Malaysia...
Khazanah Nasional Establishes RM1 Billion Fund to Boost Malaysia’s VC Ecosystem
Khazanah Nasional Bhd has completed the acquisition of Malaysia Venture Capital Management (Mavcap) and Penjana Kapital (PK) to establish a national fund-of-funds (NFOF) with an initial RM1 billion allocation. This move aims to bolster Malaysia’s VC ecosystem and position the country as a preferred regional VC hub by 2030. 31 July 2024 – Khazanah Nasional Bhd has announced the successful acquisition of Malaysia Venture...
Webull Launches 24-Hour US Stock Trading for Malaysian Investors, Revolutionizing Market Acces
Webull Corporation has introduced a 24-hour stock trading feature for Malaysian customers, significantly enhancing their access to US financial markets. This initiative underscores Webull’s commitment to innovation and accessibility, catering to the growing interest of Malaysian investors in US equities and ETFs. 22 July 2024 – Webull Corporation (“Webull”), the esteemed US-based trading platform and innovative...
Webull Malaysia Welcomes Fintech Veteran Farah Jaafar to Board as Independent Non-Executive Director
Webull Malaysia has appointed Farah Jaafar as an Independent Non-Executive Director, bringing extensive fintech and financial services experience to the board. Her expertise will support Webull Malaysia’s mission to enhance investor education and inclusion through advanced fintech solutions. 17 July 2024 – Webull Securities (Malaysia) Sdn. Bhd. (“Webull Malaysia”) is delighted to announce the appointment of...
Raiz to Cease Malaysian Operations After Strategic Review, Focus Shifts to Australian Market
Raiz, the micro-investing platform operated by Permodalan Nasional Bhd in partnership with Raiz Invest Limited, will shut down in Malaysia after four years following a strategic business review. The closure will allow Raiz to focus on its Australian operations, with a structured process in place to handle the wind-down. 9 July 2024 – Permodalan Nasional Bhd’s (PNB) micro-investing and fintech platform, Raiz, will cease...
Moomoo Malaysia to Launch Unit Trust Fund Distribution via Investment App
Moomoo Malaysia will start offering unit trust funds through its investment app within the next two months, having rapidly expanded its offerings since launching in February. The app, already used by 100,000 investors, will soon allow users to invest in unit trust funds. 5 July 2024 – Moomoo Malaysia is set to begin distributing unit trust funds via its online investment and trading app within the next one to two months,...
TNG Digital Launches A New Gold Investment Product for eWallet Users
TNG Digital Sdn Bhd has launched e-Mas, a gold investment product via its e-wallet, aiming to democratize digital financial offerings and expecting to reach 500,000 subscribers by year-end. Supported by CIMB Bank Bhd, e-Mas allows users to invest in gold starting from RM10 without hidden fees. 2 July 2024 – TNG Digital Sdn Bhd has launched a gold investment product, e-Mas, accessible via its e-wallet, providing an easy avenue...
Jirnexu Sdn Bhd Acquires CompareHero, Enhancing Leadership in Malaysian Fintech Sector
Jirnexu Sdn Bhd, parent company of RinggitPlus, is acquiring CompareHero from MoneyHero Limited, enhancing its leadership in the Malaysian fintech sector. This strategic move will expand Jirnexu’s reach and capabilities, while MoneyHero transitions to an investor role in Jirnexu. 1 July 2024 – Jirnexu Sdn Bhd, the parent company of RinggitPlus, has announced its acquisition of CompareHero, the Malaysian arm of...
Labuan IBFC Hosts Successful Symposium on Wealth Management and Estate Planning
Labuan IBFC Inc. and STEP Malaysia organized a symposium on wealth management and estate planning in Malaysia and Labuan IBFC, highlighting the jurisdiction’s robust ecosystem, regulatory framework, and significant growth in assets under management. The event fostered discussions among stakeholders on various aspects of estate planning, taxation, and strategies for family businesses, affirming Labuan IBFC’s position as a...
AVPN Launches USD 15M AI Opportunity Fund to Empower Asia-Pacific’s Underserved Communities
AVPN, with support from Google.org and ADB, has launched the AI Opportunity Fund: Asia-Pacific, a USD 15-million initiative aimed at equipping underserved communities in Asia with essential AI skills and knowledge to thrive in the evolving work landscape. 27 May 2024 – AVPN, Asia’s largest network of social investors, has announced the launch of the AI Opportunity Fund: Asia-Pacific, backed by Google.org and the Asian...
Webull Malaysia Launches Cutting-Edge Trading Platform with Zero Commission Trades
Webull Malaysia has launched its advanced global trading platform, offering access to Bursa Securities, Bursa Derivatives, and US-listed stocks and ETFs. The platform aims to democratize investing with advanced tools, educational resources, and zero commission on trades for the first 180 days. 20 May 2024 – Webull Securities (Malaysia) Sdn. Bhd. (“Webull Malaysia”) has announced the launch of its premier global...
Moomoo Malaysia Empowers Investors with Fractional Shares Access
Moomoo Malaysia introduces fractional shares for over 500 US stocks and ETFs, aiming to make investment opportunities more accessible to modern Malaysian investors. This initiative facilitates portfolio diversification and informed decision-making through comprehensive resources and investor education. 18 May 2024 – Moomoo Malaysia has announced a significant enhancement to its trading platform, now offering fractional shares of...
Octa Launches STATUS 200 Coding Bootcamp to Empower Underprivileged Students in Kuala Lumpur
Octa is sponsoring the STATUS 200 coding bootcamp at Ideas Academy in Kuala Lumpur, starting June 17, 2024, to provide foundational coding skills to underprivileged youth, supporting Octa’s mission of enhancing financial literacy and educational opportunities in Malaysia. 18 May 2024 – As part of its ongoing commitment to enhancing educational opportunities for diverse social groups, Octa is sponsoring a coding bootcamp...
