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PNB Declares 5.75 Sen ASB Income Distribution, RM10.4 Bln Payout For FY2025

KUALA LUMPUR, Dec 19 (Bernama) -- Permodalan Nasional Bhd’s (PNB) wholly owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has declared a total income distribution of 5.75 sen per unit for Amanah Saham Bumiputera (ASB) for the financial year ending Dec 31, 2025 (FY2025).

Mohd Mustafa Leads MATRADE To Greater Heights Through Transformation Initiatives

KUALA LUMPUR, Dec 19 (Bernama) -- Datuk Seri Mohd Mustafa Abdul Aziz retired today after more than 35 years in the public service.

AEON Credit 3Q Net Profit Rises To RM91.8 Mln

KUALA LUMPUR, Dec 18 (Bernama) -- AEON Credit Service (M) Bhd’s net profit for the third quarter ended Nov 30, 2025 (3Q 2025) rose to RM91.80 million from RM62.07 million previously.

Gadang Unit Signs Large Scale Solar Photovoltaic PPA With Sabah Electricity

KUALA LUMPUR, Dec 18 (Bernama) -- Gadang Holdings Bhd announced that its 60 per cent-owned subsidiary Tenaga Aspirasi Sdn Bhd (SPP) today signed a large scale solar photovoltaic power purchase agreement (PPA) with Sabah Electricity Sdn Bhd. 

Aneka Jaringan Unit Bags RM31.16 Mln Substructure Contract In Penang

KUALA LUMPUR, Dec 18 (Bernama) -- Aneka Jaringan Holdings Bhd's (Aneka) wholly-owned subsidiary, Aneka Jaringan Sdn Bhd (AJSB), has bagged a RM31.16 million contract from BYG Architecture Sdn Bhd for and on behalf of Exsim Waterfront Sdn Bhd.

Binasat digital Wins RM52.46 Mln Contract From Lembaga Dius Api

KUALA LUMPUR, Dec 18 (Bernama) -- Binasat Communication Bhd’s subsidiary, Binasat Digital Sdn Bhd, has secured a RM52.46 million contract from the Lembaga Dius Api (LDA) to provide managed and secure internet services and software.

Hong Kong’s Non-Life Insurers Sustain Profitable Underwriting - AM Best

KUALA LUMPUR, Dec 18 (Bernama) -- Hong Kong’s non-life insurance industry has shown an ability to sustain profitable underwriting over the past five years, supported by the performance in the general liability and property damage lines of business, according to a new AM Best report.

MidOcean Energy Acquires 20 Pct Stake In PETRONAS Canada Assets

KUALA LUMPUR, Dec 18 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, has completed the acquisition of a 20 per cent interest in PETRONAS’ key entities in Canada.

Public Trust In Tax 2025: Asia And Beyond - Malaysia's Global Standing

By Karina Imran

KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia has emerged as a notable global performer in public trust in the tax system, underpinned by exceptionally strong confidence in the accounting profession and steady gains from digitalisation, according to findings by the Association of Chartered Certified Accountants (ACCA).  

JC3 Issues Sustainable And Transition Finance Guidance

KUALA LUMPUR, Dec 17 (Bernama) -- The Joint Committee on Climate Change (JC3), co-chaired by Bank Negara Malaysia (BNM) and the Securities Commission Malaysia (SC), has published the Sustainable and Transition Finance Guidance (STFG).

MATRADE Welcomes Johari Abdul Ghani As MITI Minister, Expects Continued Export Momentum

KUALA LUMPUR, Dec 17 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has expressed confidence that the new leadership at the Ministry of Investment, Trade and Industry (MITI) will continue to strengthen the national export agenda in line with Malaysia's economic development priorities.

AM Best Affirms Excellent Credit Ratings of Korean Reinsurance

KUALA LUMPUR, Dec 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a+” (Excellent) of Korean Reinsurance Company (KRE).