Malaysia News

KUALA LUMPUR, June 16 — All banks in Malaysia will abolish the RM1 charge for interbank cash withdrawals at Automated Teller Machines (ATMs) and Smart Recycler Machines (SRMs) beginning July 1, 2026, in a move expected to benefit millions of banking customers nationwide. The decision means customers will no longer be charged a fee when withdrawing cash from ATMs or SRMs operated by banks other than their own. Previously, interbank cash withdrawals typically incurred a RM1 service charge per transaction. The fee waiver is expected to provide greater convenience and cost savings for consumers, particularly those who frequently rely on ATM networks outside their primary banking institution. Industry observers believe the move reflects ongoing efforts by the banking sector to enhance customer experience and support the country's transition towards a more inclusive and efficient financial ecosystem. The abolition of the fee will apply across participating banking institutions nationwide, allowing customers to access cash more freely without having to consider additional withdrawal charges. The initiative is also expected to encourage wider usage of banking services and improve accessibility, especially in areas where customers may have limited access to their own bank's ATM network. Further details regarding the implementation and any applicable conditions are expected to be announced by individual banks ahead of the July 1 commencement date. The removal of the RM1 interbank withdrawal fee marks one of the most significant consumer-friendly banking measures introduced this year, offering direct savings to Malaysians who regularly conduct cash withdrawal transactions across different banking networks. -- MINUTESMY

RM1 ATM Withdrawal Fee to Be Scrapped Nationwide Starting July 1

KUALA LUMPUR, June 16 — All banks in Malaysia will abolish the RM1 charge for interbank cash withdrawals at Automated Teller Machines (ATMs) and Smart Recycler Machines (SRMs) beginning July 1, 2026, in a move expected to benefit millions of banking customers nationwide.

The decision means customers will no longer be charged a fee when withdrawing cash from ATMs or SRMs operated by banks other than their own. Previously, interbank cash withdrawals typically incurred a RM1 service charge per transaction.

The fee waiver is expected to provide greater convenience and cost savings for consumers, particularly those who frequently rely on ATM networks outside their primary banking institution.

Industry observers believe the move reflects ongoing efforts by the banking sector to enhance customer experience and support the country’s transition towards a more inclusive and efficient financial ecosystem.

The abolition of the fee will apply across participating banking institutions nationwide, allowing customers to access cash more freely without having to consider additional withdrawal charges.

The initiative is also expected to encourage wider usage of banking services and improve accessibility, especially in areas where customers may have limited access to their own bank’s ATM network.

Further details regarding the implementation and any applicable conditions are expected to be announced by individual banks ahead of the July 1 commencement date.

The removal of the RM1 interbank withdrawal fee marks one of the most significant consumer-friendly banking measures introduced this year, offering direct savings to Malaysians who regularly conduct cash withdrawal transactions across different banking networks.

— MINUTESMY

Related News

KOTA KINABALU: The new Malaysian Anti-Corruption Commission (MACC) Sabah building on Jalan Sepanggar, here, which is currently 90 percent complete, is expected to be completed by the end of this year. MACC Chief Commissioner, Datuk Seri Abd Halim Aman said the building will house all MACC staff who are currently in three separate offices. "We need to have our own building because it is a solid platform for us to act, carry out our duties as a truly independent and neutral identity," he said. He said this to Bernama and TV3 after visiting the Sabah MACC Office at the Federal Government Administration Complex Building, here yesterday. Also present was Sabah MACC Director, Datuk Mohd Fuad Bee Basrah. He said that by placing the commission's staff under one roof, communication between officers, controls and technical matters would be improved. Meanwhile, Abd Halim expressed his appreciation to the media for always providing the best coverage in every report involving the MACC. He said the media cooperation was in line with MACC's efforts to combat corruption in the country. However, Abd Halim at the same time reminded the media to maintain the sensitivity of the identity of third parties who are suspects in a case. "Avoid posting the suspects' appearances because they are just suspects, not yet accused," he said. He said media practitioners also need to be responsible for the accuracy of reports by obtaining authentic information from legitimate sources. He said this was to avoid any negative perceptions and to avoid publishing provocative or speculative news. "Ensure the authenticity and authenticity of the news, don't make it a delusion for some parties and a source of speculation," he said. -- BERNAMA

Sabah MACC’s new building expected to be completed by the end of this year

As international travel continues to recover, many Malaysians are turning their attention closer to home and discovering that some of the country's most memorable experiences can be found within its own borders. From pristine islands and ancient rainforests to heritage towns rich with culture, Malaysia offers a diverse range of destinations that cater to every type of traveller. Increasingly, local tourists are seeking authentic experiences, choosing nature retreats, eco-tourism adventures and cultural explorations over crowded commercial attractions. One destination gaining popularity is Langkawi, where visitors can enjoy breathtaking views from the Sky Bridge, relax on white sandy beaches and experience world-class hospitality. Meanwhile, the Perhentian Islands continue to attract travellers looking for crystal-clear waters, vibrant coral reefs and a slower pace of life. For those interested in history and culture, George Town and Melaka remain among the country's most treasured destinations. Their colourful streets, colonial architecture and renowned food scenes provide visitors with a unique glimpse into Malaysia's multicultural heritage. Nature lovers are also spoilt for choice. Taman Negara, one of the world's oldest tropical rainforests, offers jungle trekking, canopy walks and wildlife encounters. In Sabah, Mount Kinabalu continues to inspire adventurers with its stunning landscapes and challenging summit climb. Tourism experts note that domestic travel is becoming increasingly popular due to affordability, improved infrastructure and a growing appreciation for local experiences. Social media has also played a significant role in highlighting lesser-known destinations that were once overlooked. As Malaysia continues to promote sustainable tourism, travellers are encouraged to explore responsibly, support local communities and preserve the natural beauty that makes the country a unique destination. Whether it is a weekend road trip, an island escape or a cultural journey through historic towns, Malaysia remains a treasure trove of experiences waiting to be rediscovered. -- MINUTESMY / SUGAN BALAN

Malaysia’s Hidden Wonders: Rediscovering the Beauty of Domestic Travel in 2026

PUTRAJAYA, JUNE 14 -- The National-Level Maal Hijrah Celebration 1448H/2026M will begin with a special Tausiyyah @ Maal Hijrah and Maal Hijrah Prayer Recitation Ceremony at the Putra Mosque, here, this evening. The Director-General of the Malaysian Islamic Development Department (JAKIM), Datuk Sirajuddin Suhaimee, said that the program, which starts at 4pm, will be attended by the Minister in the Prime Minister's Department (Religious Affairs), Zulkifli Hasan, while the prayer recitation will be led by the Grand Imam of the Putra Mosque, Muhamad Zakuwa Rodzali. He said the highlight of the celebration is scheduled to take place tomorrow in conjunction with 1 Muharram 1448H at the Putra Mosque starting at 7am with the presentation of the Tokoh Maal Hijrah Awards in the National and International Categories. "The ceremony will be officiated by the Sultan of Perak, Sultan Nazrin Shah, who has agreed to attend the ceremony," he said in a statement today. Sirajuddin said that 5,000 guests were expected to attend the celebration, including Deputy Prime Ministers, Cabinet Ministers, Heads of Services, representatives of ministries, departments, statutory bodies, institutions of higher learning and the private sector around Putrajaya and Kuala Lumpur. Sirajuddin said, "CIVIL LIFE, BLESSED UMMA" was chosen as the theme for this year's celebration to coincide with the spirit of the Prophet Muhammad's migration, which became the starting point for building a superior Islamic civilization through the establishment of the state of Medina. He said that the values ​​of justice, unity, trust, kindness and well-being that the Prophet Muhammad (PBUH) implemented in the formation of the Madinah community were also in line with the aspirations of MADANI Malaysia which emphasised aspects of sustainability, well-being, creativity, respect, confidence and kindness. "Therefore, the appreciation of MADANI values ​​is believed to be able to create a united, resilient and blessed ummah, in line with the spirit of migration in developing a prosperous society and country," he said. Sirajuddin said that among the special features of this year's celebration is the introduction of the Tausiyyah @ Maal Hijrah program as a new addition that focuses on the contemplation of Quranic verses, thus inviting Muslims to appreciate the meaning of hijrah as a turning point in life. He said that this approach allows participants to not only listen to the recitation of the Quran by the best reciters, but also understand the messages, wisdom and guidance from the verses recited to be applied in daily life. Apart from that, Sirajuddin said, the National and International Maal Hijrah 1448H/2026M Prime Lecture Ceremony will be held on June 18 at the Putrajaya Islamic Complex Auditorium starting at 9 am to allow award recipients to share their knowledge, experiences and views on the results of their contributions to the development of the ummah. He said that this year's celebration was organized in a modest manner but remained lively, prestigious and meaningful in line with the country's priorities in strengthening the fiscal position and the well-being of the people. -- BERNAMA

5,000 expected to attend National-Level Maal Hijrah celebration at Putra Mosque tomorrow

As the cost of living continues to shape household spending decisions, more Malaysians are rediscovering a simple yet effective way to save money while maintaining a healthy lifestyle — cooking at home. From young professionals living in urban apartments to families managing monthly budgets, home cooking has become more than just a practical necessity. It is increasingly seen as a lifestyle choice that promotes financial discipline, healthier eating habits and stronger family connections. A Return to the Home Kitchen In recent years, food delivery apps and dining out became an integral part of modern Malaysian life. Convenience often outweighed cost considerations, especially for busy working adults. However, as household expenses rise, many consumers are taking a closer look at their daily spending habits. A meal purchased outside can easily cost between RM15 and RM25 per person, while the same meal prepared at home may cost significantly less. For families with children, the savings become even more substantial. Preparing meals at home allows households to control both their budget and food quality, making every ringgit go further. Smart Shopping, Smarter Spending Home cooking begins long before ingredients reach the kitchen. Budget-conscious Malaysians are becoming more strategic shoppers by comparing prices, purchasing seasonal produce and planning meals around weekly promotions. Wet markets remain popular for fresh vegetables, fish and poultry, while supermarkets offer competitive discounts on pantry essentials. Many households are also embracing meal planning, creating weekly menus to avoid unnecessary purchases and reduce food waste. By buying only what is needed, families can maximise value while minimising spoilage. Simple ingredients such as eggs, tofu, vegetables, rice and local fish continue to form the foundation of affordable and nutritious meals. Traditional Recipes Make a Comeback Interestingly, the trend towards home cooking is also contributing to the revival of traditional Malaysian recipes. Dishes such as nasi goreng kampung, sambal telur, sayur lemak, ikan kembung bakar and chicken curry are finding their way back onto dining tables. These meals are not only economical but also deeply connected to Malaysia's rich culinary heritage. Many younger Malaysians are learning recipes from parents and grandparents, ensuring that family traditions are preserved while adapting them to modern lifestyles. Social media platforms have further accelerated this movement, with countless creators sharing affordable meal ideas, cooking tutorials and budget-friendly recipes tailored to local tastes. Health Benefits Beyond Savings While financial considerations may drive the decision to cook at home, the health benefits are equally significant. Home-cooked meals generally contain less sugar, salt and unhealthy fats compared to many commercially prepared foods. Families can choose fresher ingredients, control portion sizes and incorporate more vegetables into their diets. Nutrition experts have long emphasised that healthy eating does not necessarily require expensive ingredients. Balanced meals can be prepared using affordable local produce and traditional cooking methods. As awareness of wellness and preventive healthcare grows, home cooking is becoming an important component of a healthier lifestyle. Strengthening Family Bonds Beyond economics and nutrition, home cooking offers something that money cannot buy — quality time. For many families, preparing and sharing meals together creates opportunities for conversation, learning and bonding. Children can participate in simple cooking tasks, while family recipes become a way of passing knowledge from one generation to the next. In an increasingly digital world, the dinner table remains one of the few places where families can slow down and reconnect. More Than Just Saving Money The growing popularity of home cooking reflects a broader shift in how Malaysians define a good quality of life. Living well on a tight budget is not merely about cutting expenses. It is about making thoughtful choices that support financial stability, personal wellbeing and family relationships. As Malaysians navigate economic challenges, many are discovering that some of life's greatest comforts do not come from expensive restaurants or trendy food deliveries. Sometimes, they come from a simple home-cooked meal shared with loved ones around the dining table. In a time when every ringgit counts, home cooking is proving that living well does not have to mean spending more. Instead, it is becoming a powerful reminder that good food, good health and strong family connections can all begin at home. -- MINUTESMY / SUGAN BALAN

Every Ringgit Counts: Why More Malaysians Are Returning to Home Cooking

Latest News

KOTA KINABALU: The new Malaysian Anti-Corruption Commission (MACC) Sabah building on Jalan Sepanggar, here, which is currently 90 percent complete, is expected to be completed by the end of this year. MACC Chief Commissioner, Datuk Seri Abd Halim Aman said the building will house all MACC staff who are currently in three separate offices. "We need to have our own building because it is a solid platform for us to act, carry out our duties as a truly independent and neutral identity," he said. He said this to Bernama and TV3 after visiting the Sabah MACC Office at the Federal Government Administration Complex Building, here yesterday. Also present was Sabah MACC Director, Datuk Mohd Fuad Bee Basrah. He said that by placing the commission's staff under one roof, communication between officers, controls and technical matters would be improved. Meanwhile, Abd Halim expressed his appreciation to the media for always providing the best coverage in every report involving the MACC. He said the media cooperation was in line with MACC's efforts to combat corruption in the country. However, Abd Halim at the same time reminded the media to maintain the sensitivity of the identity of third parties who are suspects in a case. "Avoid posting the suspects' appearances because they are just suspects, not yet accused," he said. He said media practitioners also need to be responsible for the accuracy of reports by obtaining authentic information from legitimate sources. He said this was to avoid any negative perceptions and to avoid publishing provocative or speculative news. "Ensure the authenticity and authenticity of the news, don't make it a delusion for some parties and a source of speculation," he said. -- BERNAMA

Sabah MACC’s new building expected to be completed by the end of this year

As international travel continues to recover, many Malaysians are turning their attention closer to home and discovering that some of the country's most memorable experiences can be found within its own borders. From pristine islands and ancient rainforests to heritage towns rich with culture, Malaysia offers a diverse range of destinations that cater to every type of traveller. Increasingly, local tourists are seeking authentic experiences, choosing nature retreats, eco-tourism adventures and cultural explorations over crowded commercial attractions. One destination gaining popularity is Langkawi, where visitors can enjoy breathtaking views from the Sky Bridge, relax on white sandy beaches and experience world-class hospitality. Meanwhile, the Perhentian Islands continue to attract travellers looking for crystal-clear waters, vibrant coral reefs and a slower pace of life. For those interested in history and culture, George Town and Melaka remain among the country's most treasured destinations. Their colourful streets, colonial architecture and renowned food scenes provide visitors with a unique glimpse into Malaysia's multicultural heritage. Nature lovers are also spoilt for choice. Taman Negara, one of the world's oldest tropical rainforests, offers jungle trekking, canopy walks and wildlife encounters. In Sabah, Mount Kinabalu continues to inspire adventurers with its stunning landscapes and challenging summit climb. Tourism experts note that domestic travel is becoming increasingly popular due to affordability, improved infrastructure and a growing appreciation for local experiences. Social media has also played a significant role in highlighting lesser-known destinations that were once overlooked. As Malaysia continues to promote sustainable tourism, travellers are encouraged to explore responsibly, support local communities and preserve the natural beauty that makes the country a unique destination. Whether it is a weekend road trip, an island escape or a cultural journey through historic towns, Malaysia remains a treasure trove of experiences waiting to be rediscovered. -- MINUTESMY / SUGAN BALAN

Malaysia’s Hidden Wonders: Rediscovering the Beauty of Domestic Travel in 2026

PUTRAJAYA, JUNE 14 -- The National-Level Maal Hijrah Celebration 1448H/2026M will begin with a special Tausiyyah @ Maal Hijrah and Maal Hijrah Prayer Recitation Ceremony at the Putra Mosque, here, this evening. The Director-General of the Malaysian Islamic Development Department (JAKIM), Datuk Sirajuddin Suhaimee, said that the program, which starts at 4pm, will be attended by the Minister in the Prime Minister's Department (Religious Affairs), Zulkifli Hasan, while the prayer recitation will be led by the Grand Imam of the Putra Mosque, Muhamad Zakuwa Rodzali. He said the highlight of the celebration is scheduled to take place tomorrow in conjunction with 1 Muharram 1448H at the Putra Mosque starting at 7am with the presentation of the Tokoh Maal Hijrah Awards in the National and International Categories. "The ceremony will be officiated by the Sultan of Perak, Sultan Nazrin Shah, who has agreed to attend the ceremony," he said in a statement today. Sirajuddin said that 5,000 guests were expected to attend the celebration, including Deputy Prime Ministers, Cabinet Ministers, Heads of Services, representatives of ministries, departments, statutory bodies, institutions of higher learning and the private sector around Putrajaya and Kuala Lumpur. Sirajuddin said, "CIVIL LIFE, BLESSED UMMA" was chosen as the theme for this year's celebration to coincide with the spirit of the Prophet Muhammad's migration, which became the starting point for building a superior Islamic civilization through the establishment of the state of Medina. He said that the values ​​of justice, unity, trust, kindness and well-being that the Prophet Muhammad (PBUH) implemented in the formation of the Madinah community were also in line with the aspirations of MADANI Malaysia which emphasised aspects of sustainability, well-being, creativity, respect, confidence and kindness. "Therefore, the appreciation of MADANI values ​​is believed to be able to create a united, resilient and blessed ummah, in line with the spirit of migration in developing a prosperous society and country," he said. Sirajuddin said that among the special features of this year's celebration is the introduction of the Tausiyyah @ Maal Hijrah program as a new addition that focuses on the contemplation of Quranic verses, thus inviting Muslims to appreciate the meaning of hijrah as a turning point in life. He said that this approach allows participants to not only listen to the recitation of the Quran by the best reciters, but also understand the messages, wisdom and guidance from the verses recited to be applied in daily life. Apart from that, Sirajuddin said, the National and International Maal Hijrah 1448H/2026M Prime Lecture Ceremony will be held on June 18 at the Putrajaya Islamic Complex Auditorium starting at 9 am to allow award recipients to share their knowledge, experiences and views on the results of their contributions to the development of the ummah. He said that this year's celebration was organized in a modest manner but remained lively, prestigious and meaningful in line with the country's priorities in strengthening the fiscal position and the well-being of the people. -- BERNAMA

5,000 expected to attend National-Level Maal Hijrah celebration at Putra Mosque tomorrow

KUALA LUMPUR, June 16 — All banks in Malaysia will abolish the RM1 charge for interbank cash withdrawals at Automated Teller Machines (ATMs) and Smart Recycler Machines (SRMs) beginning July 1, 2026, in a move expected to benefit millions of banking customers nationwide. The decision means customers will no longer be charged a fee when withdrawing cash from ATMs or SRMs operated by banks other than their own. Previously, interbank cash withdrawals typically incurred a RM1 service charge per transaction. The fee waiver is expected to provide greater convenience and cost savings for consumers, particularly those who frequently rely on ATM networks outside their primary banking institution. Industry observers believe the move reflects ongoing efforts by the banking sector to enhance customer experience and support the country's transition towards a more inclusive and efficient financial ecosystem. The abolition of the fee will apply across participating banking institutions nationwide, allowing customers to access cash more freely without having to consider additional withdrawal charges. The initiative is also expected to encourage wider usage of banking services and improve accessibility, especially in areas where customers may have limited access to their own bank's ATM network. Further details regarding the implementation and any applicable conditions are expected to be announced by individual banks ahead of the July 1 commencement date. The removal of the RM1 interbank withdrawal fee marks one of the most significant consumer-friendly banking measures introduced this year, offering direct savings to Malaysians who regularly conduct cash withdrawal transactions across different banking networks. -- MINUTESMY

RM1 ATM Withdrawal Fee to Be Scrapped Nationwide Starting July 1

Whatsapp Us
Contact