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EXIM Bank Exchanges Strategic MoUs With PTRB, SINOSURE At MIHAS Shanghai 2025

KUALA LUMPUR, Nov 7 (Bernama) -- The Export-Import Bank of Malaysia (EXIM Bank) has exchanged two memoranda of understanding (MoUs) with PT Resources Holdings Bhd (PTRB) and China Export & Credit Insurance Corporation (SINOSURE) during the Malaysia International Halal Showcase (MIHAS) Shanghai 2025.

Malaysia’s Zhibao Labuan Reinsurance Credit Ratings Affirmed Good - AM Best

KUALA LUMPUR, Nov 7 (Bernama) -- AM Best has assigned a financial strength rating of B+ (Good) and a long-term issuer credit rating of “bbb-” (Good) to Malaysia’s Zhibao Labuan Reinsurance Company Limited (Zhibao Re).

Ann Joo Unit To Dispose Of Penang Industrial Land To Axis REIT For RM800 Mln

KUALA LUMPUR, Nov 6 (Bernama) -- Ann Joo Resources Bhd’s (AJR) wholly-owned subsidiary, Ann Joo Steel Bhd (AJSB), has accepted a conditional letter of offer from Axis REIT Managers Bhd for a proposed disposal of a freehold industrial land in Prai, Penang, for RM800 million.

Ipoh Sentral Project To Offer Over 20,000 Job Opportunities

BATU GAJAH, Nov 6 (Bernama) -- More than 20,000 job opportunities will be created through the Ipoh Sentral development project which is expected to be a major catalyst for Perak's economic growth in the next few years.

Local Talent Development Key To Success In Semiconductor Industry -- PM Anwar

CYBERJAYA, Nov 6 (Bernama) -- Malaysia’s success in developing the semiconductor industry hinges on the nation’s ability to create a highly skilled local talent pool that can meet the requirements of global investors, said Prime Minister Datuk Seri Anwar Ibrahim.

Government Rules Out Ring-Fencing Policy For Rural Welfare, Infrastructure -- Lim

KUALA LUMPUR, Nov 6 (Bernama) -- The government has no plans to introduce a ring-fencing policy to set a protected minimum allocation for rural welfare and infrastructure programmes such as roads, clinics and hospitals, Deputy Finance Minister Lim Hui Ying said.

Government Yet To Finalise Carbon Tax Rate - Amir Hamzah

KUALA LUMPUR, Nov 6 (Bernama) -- The government has yet to determine an appropriate rate for the carbon tax, which is scheduled for implementation next year, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Urgent Action Needed To Address Intensifying Climate Change Effects - Sultan Nazrin

KUALA LUMPUR, Nov 6 (Bernama) -- Scientific and financial resources must be urgently directed towards understanding and addressing the effects of climate change, as extreme weather events are no longer rare but recurring and intensifying, said the Sultan of Perak, Sultan Nazrin Shah.

ACMF Action Plan 2026-2030 Positions ASEAN As Responsible Investment Hub -- PM Anwar

KUALA LUMPUR, Nov 6 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the ASEAN Capital Markets Forum (ACMF) Action Plan 2026-2030, launched today, will position the region as a destination for responsible and long-term investments.

Petronas Inks 20-year Deal With Canada's Pembina For Cedar LNG Capacity

KUALA LUMPUR, Nov 5 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Canada’s Pembina Pipeline Corporation have signed a 20-year agreement for 1.0 million tonnes per annum (mtpa) liquefaction capacity at the Cedar Liquefied Natural Gas (LNG) facility through their subsidiaries.

AI Adoption In Malaysia Rises 35 Pct This Year - Amazon Web Services

KUALA LUMPUR, Nov 4 (Bernama) -- Artificial intelligence (AI) adoption in Malaysia grew 35 per cent year-on-year, with about 2.4 million businesses already using AI, according to a report by Amazon Web Services (AWS), an Amazon.com company.

Budget 2026 Formulated With Comprehensive Fiscal Approach – Amir Hamzah

KUALA LUMPUR, Nov 4 (Bernama) -- The fiscal approach for Budget 2026 has been formulated comprehensively, covering federal operating and development expenditures as well as catalytic investments by government-linked entities, said Finance Minister II Datuk Seri Amir Hamzah Azizan.