Rule 78 Under Review: What it means for Borrowers in Malaysia?

Recently, Finance Minister II Amir Hamzah Azizan shared that Bank Negara Malaysia (BNM) is reviewing whether to replace Regulation 78 (Rule 78) — a loan repayment calculation method that has long affected many Malaysian borrowers.

🤔 What’s the issue with Rule 78?

🤔 Why? Not good meh?

🤔 What kind of loan is using Rule 78 currently?

Solarvest JV with Brookfield to Deliver 1.5GW Clean Energy in Malaysia

In a landmark move for Malaysia’s renewable energy sector, Brookfield Asset Management, a global investment powerhouse, has entered into a Joint Investment Framework Agreement with homegrown clean energy player Solarvest Holdings Bhd.

The partnership will see both parties develop, construct, and operate at least 1.5 GW of utility-scale solar and battery energy storage projects across Malaysia.

Among the projects that will be undertaking are:

1. Hybrid solar photovoltaic power plant and battery energy storage system (BESS),
2. Solar photovoltaic (PV) power plant, or
3. Standalone BESS

Recap, the current relevant renewable energy programmes available in Peninsular Malaysia are:

• Corporate Renewable Energy Supply Scheme (CRESS),
• Large Scale Solar Program (LSS),
• Battery Energy Storage System (MyBeST) program, and
• Self-Consumption Scheme (SELCO) 

Who is Brookfield?

Are Malaysians Willing to Pay for Sustainable Products?

According to the Malaysia Consumer Trend Report 2025, a nationwide survey of 500 Malaysians has found that 91% of consumers are open to the idea of purchasing sustainable products.

However, this intention is heavily tempered by price sensitivity, with the majority only willing to pay less than 10% more, revealing a significant gap between eco-conscious desires and purchasing reality.

This brings us to the pivotal question: "While people may care about the planet, are they willing to pay more to protect it?" 👀💢

ShopeePay Partners with Allianz General to Offer Affordable Insurance from just RM20

ShopeePay today announced the introduction of two new Personal Accident insurance plans in partnership with Allianz General Insurance Company (Malaysia) Berhad, aimed at making protection more accessible and affordable for Malaysians under its ‘Simple Finance for All’ mission.

Priced at RM50 and RM75 respectively, the plans are eligible for the government’s Perlindungan Tenang Voucher (PTV) Programme, which provides a RM30 subsidy to up to two million Sumbangan Tunai Rahmah recipients, as announced under the National Budget 2025.

This means eligible customers can enjoy comprehensive coverage from as low as RM20 (excluding SST).

Who is Eligible?
How to get it?

Malaysia’s Gig Workers Bill: Key Concerns from Stakeholders

The long-awaited Gig Workers Bill, touted as the world’s first dedicated legislation for the gig economy, has been delayed yet again — this time for the 3rd time.

Initially set for its first reading in Parliament on 14 August 2025, the postponement comes despite assurances just a week earlier from Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi and Human Resources Minister Steven Sim at the Sembang Santai Teh Tarik: Industri Gig session.

No official explanation has been provided, leaving gig workers, platforms, and industry players in limbo.

What the Bill Aims to Do? 👀