FinCrew

Did you know your forgotten bank account balance, dividends, insurance payouts or even old salaries could end up in Malaysia's Unclaimed Money Registry?

If funds remain unclaimed for years, they may be transferred to the government under the Unclaimed Moneys Act — but the good news is that the money is still yours to claim.

Many Malaysians have discovered hundreds, thousands, or even tens of thousands of ringgit through eGUMIS.

Have you checked yours lately?

Forgotten Money in Your Bank Account? The Government May Take It After 7 Years — Here's How to Check If You Have Unclaimed Cash Most Malaysians check their bank balances regularly. But what happens to money sitting in a bank account that hasn't been touched for years? Many people are

Malaysia may eventually move beyond the traditional B40, M40 and T20 income categories.

The government is now studying a new system based on:
✔ Living costs
✔ Household commitments
✔ Number of dependants
✔ Net disposable income

Instead of focusing only on salary, the proposed PAKW approach aims to better reflect the real financial pressure households face today.

But could this create a fairer subsidy system — or a more complicated one?

We break down what Malaysians need to know on Fincrew.

Beyond B40, M40 & T20? Malaysia May Shift Towards a More “Realistic” Aid System For years, Malaysians have been grouped into familiar categories: B40 M40 T20 These income classifications have shaped everything from subsidies

Malaysia is an oil-producing country — so why do we still import oil and fuel?

The answer lies in a strategy often described as “buy cheap, sell high.” Malaysia exports premium crude oil to global markets but imports cheaper crude and refined fuels to keep domestic refineries running efficiently. This is also why global oil prices can still affect fuel costs in Malaysia, even though the country exports more oil than it imports.

We break down how Malaysia’s oil trade really works in our latest Fincrew article.

If Malaysia Produces Oil, Why Do We Still Import It? A Simple Guide Many Malaysians are surprised when they learn that the country imports oil and gas despite being an oil-producing nation. If Malaysia produces its own petroleum

Buy Now Pay Later (BNPL) transactions in Malaysia reached RM21.3 billion in 2025 — but the most surprising statistic is this: over 70% of BNPL users come from the B40 income group.

Originally marketed as a convenient payment option, BNPL is now increasingly used for everyday essentials like food, groceries and transport, with the average transaction just RM91.

So is BNPL still about convenience, or has it become a financial coping tool for households facing rising living costs?

We break down the numbers, the risks, and what this trend says about Malaysia’s household finances.

When Buy Now Pay Later Becomes a Necessity: What Malaysia’s BNPL Boom Really Means Buy Now Pay Later (BNPL) was originally marketed as a convenient payment option — a flexible alternative to credit cards that allowed consumers to split purch