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Takaful Ikhlas Posts Highest Surplus Distribution Of RM6.3 Mln

KUALA LUMPUR, March 20 (Bernama) -- Takaful Ikhlas General Bhd, a wholly-owned subsidiary of MNRB Holdings Bhd, recorded its highest surplus distribution of RM6.3 million for the financial year ended March 31, 2024. 

SC: Bursa Malaysia Derivatives To Relaunch SSF Contract In 1Q

KUALA LUMPUR, March 20 (Bernama) -- The Single Stock Futures (SSF) contract is targeted for a relaunch by Bursa Malaysia Derivatives in the first quarter of 2025 (1Q 2025), according to the Securities Commission Malaysia (SC).

Malaysia Poised To Strengthen Capital Market With Family Offices - SC

KUALA LUMPUR, March 20 (Bernama) -- Malaysia is well-positioned to strengthen its capital market, local businesses, and global competitiveness, backed by a conducive environment for family offices and a robust regulatory framework that encourages reinvestment of wealth within the country, said the Securities Commission Malaysia (SC).

Boost Bank, CGC Digital Partner To Empower MSMEs With RM130 Mln Funding

KUALA LUMPUR, March 20 (Bernama) -- Boost Bank has partnered with CGC Digital, a financial technology (fintech) subsidiary of Credit Guarantee Corporation Malaysia Bhd (CGC), to provide RM130 million in financing solutions for eligible underserved micro, small and medium enterprises (MSMEs).

PEOPLElogy Signs Underwriting Agreement With Kenanga IB For IPO

KUALA LUMPUR, March 19 (Bernama) -- PEOPLElogy Bhd has signed an underwriting agreement with Kenanga Investment Bank Bhd for its initial public offering (IPO) in conjunction with its listing on the ACE Market of Bursa Malaysia.

LHDN To Focus On E-invoicing, Tax Base Expansion In 2025

CYBERJAYA, March 10 (Bernama) -- The Inland Revenue Board (LHDN) will focus on the implementation of e-invoicing, expansion of the tax base, enforcement activities, tax corporate governance, the global minimum tax, self-assessment systems for stamp duty and real property gains tax, and Labuan business activity tax this year.

Govt Prioritises Inclusive Wealth Distribution To Ensure Fair Economic Growth - Economy Ministry

KUALA LUMPUR, March 5 (Bernama) -- The government consistently emphasises the importance of inclusivity by ensuring that the nation’s wealth is fairly distributed across all levels of society, said the Economy Ministry. 

WCT Gets Nod From SC To List Paradigm REIT

KUALA LUMPUR, March 3 (Bernama) -- WCT Holdings Bhd has received approval from the Securities Commission Malaysia (SC) to establish and list Paradigm Real Estate Investment Trust (Paradigm REIT) on the Main Market of Bursa Malaysia.

IPG Inactive For February 2025, No Payments For The Month

KUALA LUMPUR, March 3 (Bernama) -- The Malaysian Rubber Board (MRB) has announced that the Rubber Production Incentive (IPG) is inactive in Peninsular Malaysia, Sabah and Sarawak in February, and therefore, no payments will be made for this month. 

EPF's Commendable Dividend Payout To Spur Economic Activities, Support National Growth -- Economists

By Anas Abu Hassan

KUALA LUMPUR, March 1 (Bernama) -- The Employees Provident Fund's (EPF) move to pay a 6.30 per cent dividend for 2024 is expected to stimulate economic activities and contribute to national growth, according to economists.

Yayasan Peneraju Introduces Direct Financing Scheme For Bumiputera Talents

KUALA LUMPUR, Feb 26 (Bernama) -- Yayasan Peneraju has launched a new financing scheme that will see funds disbursed directly to individuals instead of learning and training institutions. 

Malaysia’s Oil Palm Replanting Lags Target, Govt Steps Up Efforts -- Johari

KUALA LUMPUR, Feb 25 (Bernama) -- The progress in replanting oil palm trees is still lagging, with Malaysia managing to replant 114,000 hectares, or 2.0 per cent of its total planted area in 2024, down from 132,000 hectares (2.3 per cent) in 2023.