Sabah Tables RM6.4 Bln Budget For 2026
KOTA KINABALU, Dec 12 (Bernama) -- The Sabah government today tabled the state’s Budget 2026, amounting to RM6.402 billion, with an estimated surplus of RM28 million.
| LATEST NEWS | JKDM must improve capability and integrity to ensure country's position remains strong, achieve more encouraging revenue collection - PM Anwar | RM24 million worth of health products suspected of containing scheduled poisons seized in Penang today - Health Dept director | Ringgit hits fresh high of 3.9668 per US dollar after lunch break | Ringgit hits fresh high of 3.96 per US dollar after lunch break | |
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AM Best Lifts New India Assurance Outlook To Positive
KUALA LUMPUR, Dec 12 (Bernama) -- AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of The New India Assurance Company Limited (New India).
China’s Hainan FTP Marks Major Liberalisation Move, Spurring Potential Gains For Malaysia
KUALA LUMPUR, Dec 12 (Bernama) -- China’s Hainan Free Trade Port (FTP), which will officially begin island-wide special customs operations on Dec 18, 2025, is yet another testament to China’s continued economic liberalisation, in contrast to the United States’ policy directions.
Brighter Earnings Prospects For Property Developers To Continue In 2026 : MBSB IB
KUALA LUMPUR, Dec 12 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) expects brighter earnings prospects for property developers to continue in 2026, supported by higher sales secured in 2024 and 2025.
2025 Tax Trinity: US Tariffs, SST Expansion and E-invoicing
KUALA LUMPUR, Dec 11 (Bernama) -- 2025 will be remembered as the “tariff year”, no thanks to the unexpected United States (US) tariffs that shook markets worldwide, with Malaysia not spared.
Malaysia Records 15-Fold Rise In Asset Recovery To RM37.63 Bln - Report
KUALA LUMPUR, Dec 11 (Bernama) -- Global financial crime watchdog Financial Action Task Force and Asia/Pacific Group on Money Laundering said Malaysia has recorded significant asset recovery through clear emphasis at policy and operational levels, resulting in a 15-fold increase since the 2015 mutual evaluation report, totalling RM37.63 billion in assets.
Bodor Laser Solution Targets North American Structural Steel Growth
KUALA LUMPUR, Dec 11 (Bernama) -- Bodor Laser has introduced its integrated profile-processing solution to support growth in North America’s structural steel sector, driven by federal infrastructure spending and private-sector investment.
Upgrade Of Malaysia's Illicit Finance Rating Reflects Whole-Of-Nation Effort -- BNM Governor
KUALA LUMPUR, Dec 11 (Bernama) -- The Financial Action Task Force’s move to upgrade Malaysia’s status to “Regular Follow-Up” status, the highest category under the mutual evaluation process, reflects a whole-of-nation commitment and efforts, Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour said today.
Watchdog Upgrades Malaysia’s Illicit Finance Rating, Urges More Laundering Prosecutions
KUALA LUMPUR, Dec 11 (Bernama) -- Global financial crime watchdog, the Financial Action Task Force (FATF) and Asia/Pacific Group on Money Laundering (APG) in a report published today, revealed that Malaysia has further strengthened its defences against illicit finance since 2015, notably by enhancing its legal framework and supervision of financial and non-financial sectors.
Gemas–Johor Bahru Electrified Double-track Line Launched, Revolutionising National Transport
JOHOR BAHRU, Dec 11 (Bernama) -- Malaysia marked a historic milestone in its national transport development with the launch of operations on the Gemas–Johor Bahru electrified double-track rail line today.
Palm Oil Sector Well-positioned To Participate In Carbon Market -- Johari
KUALA LUMPUR, Dec 11 (Bernama) -- Minister of Plantation and Commodities Datuk Seri Johari Abdul Ghani said the palm oil sector is well-positioned to participate in the carbon market, having already embedded sustainability and circular-economy practices across its value chain.
FMM Welcomes Govt’s Decision To Remove Penalty Clause In Employment Insurance System Amendment Bill
KUALA LUMPUR, Dec 11 (Bernama) -- The Federation of Malaysian Manufacturing (FMM) welcomed the government’s decision to remove the financial penalty clause from the Employment Insurance System (EIS) Amendment Bill 2025.