Category: events

  • Rework.com’s Agentic OS to help Malaysian businesses enter the intelligence age

    Rework.com’s Agentic OS to help Malaysian businesses enter the intelligence age

    Rework.com (Rework), a global technology company with over one million users across 12,000 companies, unveils an Agentic Operating System (Agentic OS) for Business that aims to help organisations move beyond isolated AI experiments by bringing people, AI agents, business data and operational workflows together in a single connected platform.

    As AI becomes capable of executing work, modern organisations need to restructure responsibilities between people and AI. Rework’s Agentic OS is built around the idea that humans and AI agents can and will synergise across interconnected business services, helping businesses execute faster, improve operational efficiency, reuse organisational context and knowledge, as well as build intelligence that compounds over time.

    From a Malaysian perspective, this will be critical given the nation’s heavy investment in its digital future, with MDEC recording RM87.4 billion in digital investments in 2025. This is contrasted by the AI adoption and usage gap currently faced by many Malaysian businesses, with a Strand Partners report indicating that 67% of AI adopters in Malaysia still rely primarily on basic applications such as chatbots, and only 19% have a formal strategy to scale AI across multiple functions

    Elaborating on the topic, Eric Pham, Founder & CEO, Rework.com said, “Malaysian businesses’ AI adoption gap is not due to lack of investment or large language model; it is a lack of business infrastructure that lets AI move beyond isolated tools into the way work actually gets done. Rework’s Agentic OS for Business represents the next generation of operating systems that will close that gap, helping businesses move from fragmented AI-powered individuals to a truly agentic business.”

    With AI models and capabilities advancing rapidly, Rework believes that AI may increasingly become commoditised. The organisation envisions that in the near future competitive advantage will depend less on access to a particular AI model and more on how effectively a business applies AI to its own operations & know-how.

    “Agentic OS for Business provides a shared operating environment for humans and AI that allows businesses to capture and reuse their operating knowledge, decisions, processes, customer history and accumulated experience. This is what we call organisational intelligence,” Eric added.

    Rework’s Agentic OS for Business consist of two core layers:

    • Intelligence Architecture: the underlying intelligence layer that connects and powers the entire business, including centralized business outputs, compounding business knowledge, and a multi-AI-agent stack spanning Service AI, AI Assistant, AI Desktop, and Workflow AI.
    • Business Services: hundreds of interconnected, ready-to-use operating services organized across key business functions:

    Combined these layers allow the Agentic OS to bring together hundreds of interconnected business services across key functions, including:

    • Marketing Operating Services: lead monitoring and nurturing, prospect engagement, customer messaging, campaign monitoring, partner management, event services, and more.
    • Sales Operating Services: pipeline management, opportunity-to-revenue workflows, quotes, orders, invoices, field sales, distribution management, and more.
    • Work Operating Services: requests, projects, business processes, datasets, cross-functional work orchestration, and more.
    • People Operating Services: employee services, leave management, timesheets, payroll, and more.
    • Communication Services: chat, town halls, meetings, and other organization-wide communication.

    And many more services designed to support the day-to-day operations of the business. Together, the Intelligence Architecture and Business Services give AI agents the context, knowledge, and capabilities to understand the business, execute work, and coordinate operations across the organisation.

    Commenting on the overall vision for Agentic OS for Business and the opportunity it provides, Brian Trinh, Co-Founder & COO, Rework.com, said, “Rework believes businesses should be able to continuously improve how work is performed. We want to build great products—every year, every day. The opportunity in the AI era is not simply to add another AI tool to an existing software stack. Businesses need to rethink how work is designed, how context is captured, and how people and AI agents operate together. Rework Agentic OS for Business gives organisations a foundation for making that transition practically.”

  • Penang International Travel Exchange 2026 returns to connect Malaysia’s tourism industry with global buyers

    Penang International Travel Exchange 2026 returns to connect Malaysia’s tourism industry with global buyers

    The 9th Penang International Travel Exchange (PITE) 2026 is set to return from 27 to 29 October 2026, bringing together key players from the global travel trade and Malaysia’s tourism industry for three days of business networking, meaningful B2B engagements and immersive destination experiences in Penang. PITE 2026 will take place at the Penang Waterfront Convention Centre (PWCC), with the programme combining 1.5 days of structured B2B appointments with a further 1.5 days of familiarisation activities and networking opportunities across Penang.

    This year’s edition is expected to welcome approximately 100 buyers, representing a diverse range of travel trade segments including corporate, incentive and association buyers. The international buyer delegation will comprise representatives from key markets across China, India, Indonesia, Thailand, Vietnam, Singapore, Bangladesh, Australia, Romania and South Korea, alongside participants from other international markets. The diversity of participating buyers reflects PITE’s objective of creating meaningful business connections between Malaysian tourism suppliers and international decisionmakers seeking new destinations, products and experiences for their clients and markets.

    “PITE has evolved into an important platform for the tourism industry to connect, exchange ideas and create new business opportunities across borders. This year, we are particularly pleased to welcome a diverse group of buyers from both established and emerging markets, alongside Malaysian tourism industry players who are ready to showcase the breadth of products and experiences available across the country,” said YB Wong Hon Wai, Penang State Executive Councillor for Tourism and Creative Economy.

    The B2B component will provide exhibitors and buyers with dedicated opportunities to explore potential partnerships, develop new business leads and strengthen existing relationships through pre-arranged business appointments. PITE 2026 is expected to feature approximately 50 exhibitors from across Malaysia, representing a broad spectrum of the tourism ecosystem. These include hoteliers, destination management companies (DMCs), professional conference organisers (PCOs), attractions and other tourism-related businesses, offering buyers a comprehensive platform to discover Malaysia’s diverse tourism and business events offerings.

    Beyond the B2B sessions, the second half of PITE will take participants beyond the convention floor through a series of familiarisation trips around Penang. The programme will provide international buyers with first-hand exposure to Penang’s tourism products, hospitality offerings, cultural heritage, culinary experiences, and destination appeal. The familiarisation programme is designed to enable buyers to experience the destination directly and gain a deeper understanding of the products and experiences they can subsequently recommend and package for their respective markets.

    The event will also welcome approximately 10 international media representatives, who will have the opportunity to experience Penang and discover its latest tourism offerings, further strengthening international destination awareness and generating wider exposure for the state. With its combination of business-to-business engagement, destination familiarisation and networking, PITE 2026 aims to create an environment where commercial opportunities can extend beyond the event itself. As international travel continues to evolve, PITE provides a platform for Malaysian tourism stakeholders to better understand market needs, strengthen international relationships and position their products to a wider network of global buyers.

  • Bursa Malaysia spotlights leading investor relations practices at inaugural IR Awards 2026

    Bursa Malaysia spotlights leading investor relations practices at inaugural IR Awards 2026

    Bursa Malaysia Berhad (Bursa Malaysia) held the inaugural Bursa Malaysia IR Awards 2026 on 4 September 2026 to recognise excellence in investor relations (IR) and encourage higher standards of transparency, engagement and market communication among public listed companies (PLCs).

    The Awards recognised 32 winners across eight main categories, celebrating PLCs and IR professionals who have demonstrated a strong commitment to investor engagement, market communication and corporate transparency.

    Delivering the keynote address at the Awards, Tan Sri Johan Mahmood Merican, Secretary General of Treasury, Ministry of Finance Malaysia, said effective investor relations is important in strengthening the quality and competitiveness of Malaysia’s listed companies.

    “By communicating openly and consistently with investors, public listed companies enable better-informed investment decisions and demonstrate their commitment to transparency and accountability. As we continue enhancing the competitiveness and quality of Malaysia’s listed companies, effective investor engagement will remain an enabler of long-term value creation and sustainable market growth,” he said.

    Dato’ Fad’l Mohamed, Chief Executive Officer of Bursa Malaysia, said, “There is considerable opportunity to strengthen investor relations capabilities across the market. As companies, markets and investor expectations become more sophisticated, effective investor relations goes beyond communicating performance. It helps investors understand how a company is positioned for the future.

    “The Bursa Malaysia IR Awards recognise companies and professionals who are setting a high standard for transparency, engagement and market communication. By spotlighting these practices, we hope to encourage more listed companies to strengthen their investor relations capabilities and help raise standards of investor engagement across the market.”

    Based on Bursa Malaysia’s research, only 32% of listed companies have a dedicated internal IR function, while 17% outsource the function and 51% operate without any formal IR structure. This highlights the opportunity to further strengthen investor relations capabilities and enhance issuer-investor engagement across the market.

    Bursa Malaysia has been building IR capabilities through IR4U, which provides practical guidance and learning opportunities for PLCs. Around 690 listed companies participated in the programme across 2024 and 2025.

    These efforts are complemented by MY Value Up, jointly introduced by the Securities Commission Malaysia and Bursa Malaysia, which encourages companies to strengthen fundamentals while articulating their strategies and priorities more clearly to the market. While the initiative focuses on 88 leading PLCs, its resources and opportunities are available to all listed companies.

    Malayan Banking Bhd was among the top winners, taking Best Company in IR, Best Financial Reporting and Best Large-cap Company in IR for Financial Services. Its President and Group CEO, Dato’ Sri Khairussaleh Ramli, was named Best CEO in IR, while Tenaga Nasional Bhd received Best Sustainability Communications.

    The Bursa Malaysia IR Awards 2026 winners were determined through a market-led evaluation involving local and international investors and analysts, supported by independent verification and Bursa Malaysia’s due diligence review.

  • Pearl Global Business Awards 2026 to celebrate Penang’s leaders, industries and global impact

    Pearl Global Business Awards 2026 to celebrate Penang’s leaders, industries and global impact

    The Penang Convention & Exhibition Bureau (PCEB) is set to launch the inaugural Pearl Global Business Awards 2026, a prestigious, stateendorsed platform celebrating excellence, leadership and meaningful contributions across the key industries shaping Penang’s economic growth and global reputation. The Pearl Global Business Awards 2026 is an official recognition initiative by the Penang State Government, conceptualised by the Penang Convention & Exhibition Bureau (PCEB) and executed by TIN Media.

    The inaugural awards will take place on 14 December 2026, with the venue to be announced soon.

    The awards recognise influential leaders, organisations and changemakers whose contributions demonstrate impact, innovation, sustainability, inclusivity and leadership, while reflecting the ambition and transformation of Penang as a competitive regional and international business destination.

    The 2026 edition holds particular significance as it recognises the growth and transformation of Penang’s key industries over the past decade. It seeks to honour the businesses, institutions and individuals whose vision, resilience and contributions have helped strengthen Penang’s economy, enhance its global competitiveness and shape the state’s continued progress. The Pearl Global Business Awards will serve as a biennial platform to recognise excellence across Penang’s strategic development sectors, while promoting innovation, inclusivity, sustainability and global competitiveness, and positioning Penang as a regional and international hub of leadership and business influence.

    65 Award Titles Across 12 Strategic Sectors

    The inaugural Pearl Global Business Awards 2026 will feature 65 award titles across 12 strategic sectors:

    1. Investment & Trade
    2. Halal & Ethical Industries
    3. Sustainability & Green Innovation
    4. Technology & Innovation
    5. Women Empowerment & Gender Equality
    6. Youth Leadership & Development
    7. Digital Economy & Smart Solutions
    8. Infrastructure & Urban Development
    9. Social Impact & Community Harmony
    10. Leadership & Lifetime Excellence
    11. Hospitality, Tourism & Business Events
    12. Media, Communications & Public Visibility

    By bringing together leaders and stakeholders from business, industry, government, tourism, technology, sustainability, media and the wider community, the awards will provide a platform to celebrate achievements while strengthening connections across Penang’s diverse economic sectors. The initiative also reinforces Penang’s positioning as a state that values innovation, responsible growth, inclusive development, and global engagement. As the inaugural edition, the Pearl Global Business Awards 2026 aims to establish a legacy that can grow with Penang, recognising those who have contributed to the state’s journey while inspiring the next generation of leaders to take Penang forward.

  • Affin Bank and BCA collaborate to expand regional cardholder privileges

    Affin Bank and BCA collaborate to expand regional cardholder privileges

    AFFIN Group (AFFIN/Group) enters into a cross-promotion agreement with PT Bank Central Asia Tbk (BCA) of Indonesia to provide reciprocal lifestyle and merchant privileges for AFFIN Credit Cardholders and BCA Credit Cardholders.

    The agreement creates a strategic platform for both banks to deliver greater value and exclusive lifestyle privileges to their customers. Through this collaboration, customers can enjoy specially curated benefits such as exclusive discounts, complimentary gifts, upgrades, preferential pricing and priority access across a wide range of lifestyle experiences, including concerts, hotels, dining, department stores and other selected merchants.

    Under the arrangement, BCA Credit Cardholders will enjoy special benefits when making payments with BCA Credit Cards at merchants designated by AFFIN, while AFFIN Credit Cardholders may receive privileges when making payments at merchants designated by BCA.

    Hendra Lembong, President Director of BCA, said, “We are delighted to partner with AFFIN on this strategic cross-promotion. This collaboration reflects our vision of creating a more integrated ASEAN banking ecosystem, where seamless access to lifestyle privileges and services enhances the overall customer experience. By extending BCA’s cardholder benefits beyond Indonesia, we are not only enriching our value proposition but also opening new avenues for our customers to enjoy curated privileges across borders.”

    President & Group Chief Executive Officer of Affin Bank Berhad, Datuk Wan Razly Abdullah, said, “We are excited that this marks the beginning of a strategic collaboration, creating a virtual bridge between Malaysia and Indonesia through the integration of our financial services and customer support networks. We believe this partnership will continue to evolve, enabling AFFIN (Malaysia) and BCA (Indonesia) to jointly develop and introduce enhanced, value-added products and services that better serve our customers in both markets.”

    Both parties will coordinate the implementation of the cross-promotion programme, including the development and publication of promotional materials through their respective official media channels. All promotional materials and participating offers will be subject to mutual agreement, prior approval and applicable laws and regulations in each country.

    Details of participating merchants, offer mechanics and customer eligibility will be announced progressively through AFFIN official channels once finalised by both parties. The exclusive campaign will officially commence on 20 August 2026.

  • BSN and PruBSN launch BSN Takaful Legasi

    BSN and PruBSN launch BSN Takaful Legasi

    Bank Simpanan Nasional (BSN) and Prudential BSN Takaful Berhad (PruBSN) launch BSN Takaful Legasi, a new family takaful solution that helps Malaysians build financial security through every stage of life. Together, BSN and PruBSN currently provide financial protection to more than 600,000 customers across Malaysia, representing over RM47.9 billion in basic sum covered.

    BSN Takaful Legasi was developed with these changing priorities in mind, offering a solution that grows alongside customers while helping them build long-term financial security. One of the plan’s key features is Protection Enhancer, which automatically increases the Death and Total and Permanent Disability (TPD) benefit every five certificate years, helping customers maintain protection that better reflects their financial commitments over time. Customers who continue with their certificate over the long term are also rewarded through the Legacy Bonus, while selected milestones such as marriage, the birth of a child, home ownership, and Hajj or Umrah are recognised through the Life Celebration Benefit.

    Customers can also personalise their protection through flexible contribution payment options, a choice of protection terms and optional riders, allowing them to select coverage that best suits their financial goals and changing needs.

    “At BSN, we believe good financial planning is not only about building a secure future, but also protecting what matters most. Through our two-decade partnership with PruBSN, we remain committed to making quality protection solutions more accessible and relevant to Malaysians at every stage of life. BSN Takaful Legasi represents another important step forward in advancing this shared commitment,” said Encik Mujibburrahman Abd Rashid, Acting Chief Executive of BSN.

    PruBSN Chief Executive Officer, Shahrul Azlan Shahriman said, “Every stage of life brings new priorities and new responsibilities. As those responsibilities grow, financial protection should grow alongside them. BSN Takaful Legasi was developed with this in mind, offering customers protection that increases overtime while encouraging long-term financial planning. We are proud to continue working with BSN to make solutions like this available to more Malaysians.”

    BSN Takaful Legasi also provides additional accidental death coverage during festive seasons and while performing Hajj or Umrah, subject to the certificate terms and conditions. Eligible customers may also enjoy coverage without medical examination, subject to underwriting requirements.

    BSN Takaful Legasi is available at BSN branches nationwide and through BSN Wealth Planners. For more information, customers may visit their nearest BSN branch or speak to a BSN Wealth Planner.

  • LEGOLAND® Malaysia brings Johor’s football pride to life with new MINILAND Sultan Ibrahim Stadium

    LEGOLAND® Malaysia brings Johor’s football pride to life with new MINILAND Sultan Ibrahim Stadium

    LEGOLAND® Malaysia Resort unveils a brand-new attraction at the heart of its iconic MINILAND, celebrating Johor’s sporting spirit through a LEGO® recreation of the iconic Sultan Ibrahim Stadium, home of Johor Darul Ta’zim (JDT) Football Club.

    The new MINILAND Sultan Ibrahim Stadium brings one of Johor’s most recognisable sporting landmarks into the LEGO world. Featuring detailed model craftsmanship, dynamic lighting and animated match-day moments, the attraction reflects the actual energy of Johor football.

    At LEGOLAND Malaysia Resort, MINILAND celebrates the stories, cultures and achievements that define Malaysia and the region, making the addition of Sultan Ibrahim Stadium a natural extension of that mission.

    The new attraction represents the next evolution of MINILAND experiences, combining intricate LEGO craftsmanship with enhanced interactivity, immersive soundscapes and dynamic lighting effects.

    As the newest addition to MINILAND’s collection of iconic regional landmarks and cityscapes, Sultan Ibrahim Stadium celebrates one of Johor’s key modern landmarks and the extraordinary success of JDT Football Club. More than a recreation of a stadium, the attraction honours the club, a source of pride for Johoreans and football fans across the region.

    “At LEGOLAND Malaysia Resort, MINILAND celebrates the stories, cultures and achievements that define the nation and the wider region. The addition of Sultan Ibrahim Stadium is a significant milestone, showcasing a modern icon of Johor while resonating with both Malaysians and football fans from around the world,” said Cs Lim, Vice President of LEGOLAND Malaysia Resort. “This new attraction also reflects MINILAND’s continued evolution, where immersive storytelling, interactive features and innovative LEGO building techniques come together as meaningful experiences that will turn into core memories for our guests”

    Alistair Edwards, Chief Operating Officer of Johor Darul Ta’zim Football Club, said: “Sultan Ibrahim Stadium represents much more than a football venue – it is a symbol of Johor’s ambition, unity and passion. Its inclusion in MINILAND introduces our story to a new generation of visitors, allowing families and football fans to experience the spirit of JDT in a creative and memorable way. We are proud to be part of an attraction that celebrates Johor on an international stage.”

    Built using more than 400,000 LEGO bricks, the MINILAND attraction recreates the excitement of a live football match through crowd animation, lighting effects, and storytelling inspired by the Southern Tigers’ home ground. Whether they are dedicated JDT supporters, football enthusiasts or visitors taking MINILAND in for the very first time, guests can experience Johor’s football culture through the creativity and imagination of LEGO play.

    The collaboration between LEGOLAND Malaysia Resort and JDT Football Club brings together two communities united by passion, creativity and pride, transforming football fandom into an interactive family experience within the world of LEGO play.

    To mark the launch, LEGOLAND Malaysia Resort has also introduced an Exclusive Limited-Edition Annual Pass & Rewards. Inspired by the iconic design elements of Sultan Ibrahim Stadium, the pass offers special privileges across both LEGOLAND Malaysia Resort and JDT experiences. Fans can also explore a series of exclusive engagement activities and rewards designed to bring both communities closer together.

  • RHB and Bursa Malaysia expand investor outreach in Melaka

    RHB and Bursa Malaysia expand investor outreach in Melaka

    Earlier this month, RHB Banking Group, in collaboration with Bursa Malaysia Berhad convened investors, listed company representatives, market practitioners and business leaders at the RHB-Bursa Malaysia Retail Corporate Day 2026 in Melaka, reaffirming their shared commitment to strengthening investor engagement and broadening participation in Malaysia’s capital market. The event was officiated by YAB Datuk Seri Utama Ab Rauf bin Yusoh, Chief Minister of Melaka, and attended by more than 200 participants from across the investment community.

    Dato’ Mohd Rashid Mohamad, Group Managing Director/Group Chief Executive Officer of RHB Banking Group said, “Investors today have access to an unprecedented amount of information. The challenge is making sense of that information and understanding what matters most. At RHB, we see value in creating platforms where investors can engage directly with businesses and market practitioners, gain deeper insights and build greater confidence in their investment decisions. These conversations play an important role in fostering a more informed investing community and supporting the continued growth of Malaysia’s capital market.”

    The Melaka edition forms part of RHB’s broader efforts to engage stakeholders across Malaysia through programmes tailored to the needs and interests of different communities and market segments, in line with the Group’s PROGRESS27 corporate strategy.

    Julian Mahmud Hashim, Chief Regulatory Officer of Bursa Malaysia Berhad said, “A strong capital market is built on participation, accessibility and trust. As the marketplace connecting investors and businesses, Bursa Malaysia remains committed to widening access to investment opportunities and strengthening engagement with the investing public. This collaboration with RHB reflects our shared commitment to broadening participation and ensuring that more Malaysians can benefit from the growth potential offered by the capital market.”

    The programme featured discussions on Malaysia’s economic outlook, market developments and emerging investment opportunities, alongside engagements with representatives from RHB, Bursa Malaysia and participating corporates. Additionally, participants were also introduced to RHB’s latest digital banking innovations, including RHB PAY, Malaysia’s first bank-owned unified payment gateway solution, and RHB Reflex 2.0, an enhanced corporate internet banking platform.

    YAB Datuk Seri Utama Ab Rauf bin Yusoh said, “Melaka’s economic transformation continues to gain momentum, with the state’s Gross Domestic Product (GDP) increasing by 3 per cent to RM50.2 billion last year from RM48.8 billion in 2024. This growth has been supported by strong investment activity, business expansion and the implementation of strategic development initiatives across the state.

    “This positive trajectory has been further strengthened by Melaka’s achievement of RM14.68 billion in investments in 2025, representing the state’s highest investment performance in more than two decades,” said Ab Rauf.

    In advancing the aspirations of the Melakaku Maju Jaya 2035 agenda, Ab Rauf added, “Partnerships between the government, businesses and financial institutions will continue to play a vital role in creating opportunities, strengthening economic resilience and delivering meaningful benefits for the people of Melaka.”

    Malaysia’s capital market reached a record RM4.3 trillion in 2025, reflecting its growing role in supporting capital formation, business expansion and economic growth. Retail investors accounted for almost one-third of trading activity on Bursa Malaysia, highlighting the increasing importance of investor education and informed participation.

  • PPA Launches #ISaveInPRS Year-End Treats 2026

    PPA Launches #ISaveInPRS Year-End Treats 2026

    More than half of PPA’s contributing members did not make a PRS contribution in a given year between 2020 and 2025, with an average dormancy rate of 59.4% over the six-year period.

    The trend highlights that pausing contributions is a common part of the retirement savings journey, reinforcing the importance of returning to the habit and staying consistent over time.

    In response, the Private Pension Administrator Malaysia (PPA) launches the #ISaveInPRS Year-End Treats 2026 campaign, running from 11 August to 31 December 2026, to encourage PRS members to restart, continue, and strengthen their retirement savings.

    Open to PRS members aged 54 and below, including new enrollees, the campaign rewards members based on their individual contributions during the campaign period.

    Taufiq Iskandar, CEO of PPA, emphasizes the necessity of embracing change and evolving to keep pace with modern demand and an ever-changing landscape.

    “Retirement savings is a long-term journey, and contribution patterns may change as individuals navigate different financial priorities. What matters is continuing to take steps towards building retirement savings. Through this campaign, we hope to encourage Malaysians to restart where they have paused and make saving more consistent over time,” said Taufiq Iskandar.

    Under the campaign, eligible members will receive one draw entry for every RM1,000 in accumulated gross contributions. Dormant members — those who registered before 1 January 2025 and have not made any contributions since then — will receive an additional two entries per RM1,000 contributed.

    Members who contribute through PRS Online will receive a further one entry per RM1,000 contributed, allowing those who qualify for both incentives to earn up to four entries per RM1,000.
    PPA’s data also shows that members who have made at least one contribution in 2026 have, on average, almost twice the lifetime savings of inactive members. Regular contributions can help members build savings progressively, benefit from cost averaging across different market conditions, and make better use of the RM3,000 annual tax relief for PRS contributions, subject to applicable tax rules.

    As of 30 June 2026, PRS had 695,869 members and approximately RM11 billion in assets under management (AUM). From 2018 to 30 June 2026, members’ net contributions totalled RM5 billion, while PRS funds collectively generated RM3.7 billion in investment returns, representing a 74% uplift on member contributions.

    For the period of 1 August 2025 to 31 July 2026, the top five performing PRS funds recorded an average one-year return of 49.3% versus 14.6% across 79 PRS funds. These were Public Mutual PRS Islamic Strategic Equity, Principal Islamic PRS Plus Asia Pacific Ex Japan Equity, Public Mutual PRS Islamic Growth, Principal Islamic PRS Plus Growth, and Hong Leong PRS Asia Pacific Fund.

  • RHB launches Malaysia’s first bank-owned unified online payment gateway

    RHB launches Malaysia’s first bank-owned unified online payment gateway

    RHB Bank Berhad launches RHB PAY which gives businesses a single platform to accept digital payments and receive funds directly into their RHB accounts. Built, owned and operated entirely within RHB, the platform provides businesses with bank-grade security, automated reconciliation, enhanced cash flow visibility and faster access to funds.

    Dato’ Mohd Rashid Mohamad, Group Managing Director/Group Chief Executive Officer of RHB Banking Group, said, “RHB PAY reflects our continued commitment to advancing Malaysia’s digital economy by delivering innovative financial solutions that meet the evolving needs of businesses. As companies accelerate their digital transformation, they are looking beyond convenience and efficiency. They also want payment solutions that provide security, reliability and greater control over their cash flows. As a bank-owned solution, RHB PAY offers businesses greater assurance over the security of their funds and payment data. Backed by RHB’s banking infrastructure, governance standards and regulatory oversight, the platform enables businesses to transact with confidence, while staying focused on growing their business.”

    RHB PAY enables businesses to accept card payments, FPX and DuitNow Pay through a single integration. Additional payment capabilities, including e-wallets, QR payments, Direct Debit and Auto Debit, are expected to be introduced in Phase 2, targeted for rollout in the fourth quarter of 2026. The platform is designed for mid-sized enterprises, commercial businesses, corporates, and government-related institutions seeking a streamlined and scalable payment acceptance solution.

    Malaysia’s digital payments ecosystem continues to experience strong growth, with Bank Negara Malaysia reporting 18.4 billion e-payment transactions in 2025, a 25% increase from 14.7 billion in 2024. Through the integration of PayNet’s payment infrastructure, including FPX and DuitNow Pay, RHB PAY enables businesses to participate in this expanding digital economy while providing a secure and seamless payment acceptance experience.

    “RHB PAY is a bold step by RHB to create new value for its business and enterprise customers through a unified payment gateway. It shows how established financial institutions can unlock new growth opportunities by responding to evolving customer needs and bringing new solutions to the market. We are pleased to support this innovation through PayNet’s national payment rails. More importantly, it demonstrates the significant opportunities that remain for industry growth when participants focus on the needs of different customer segments,” said Praveen Rajan, Chief Executive Officer, PayNet.