Assets Under Management Rise To RM1.07 Trillion In 2024 -- SC

Assets under management (AUM) of the investment management industry continued its upward trajectory, reaching RM1.07 trillion as of Dec 31, 2024, up from RM975.48 billion in 2023. 

SC Receives 8,501 Cases In 2024 Including Unlicensed Activities, Scams

KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) has received a total of 8,501 cases in 2024, comprising 3,910 complaints and 4,591 enquiries, representing a 60 per cent increase from 2023 of 5,318 cases.

SC: 21 Offers Of Takeovers And Mergers Worth RM18.22 Bln Cleared In 2024

KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) cleared 21 offer documents worth RM18.22 billion for takeovers and mergers in 2024 compared with 10 offers with total offer value of RM5.53 billion in 2023.

MITI Backs High-tech Investments To Boost Malaysian Workforce - Tengku Zafrul

KUALA LUMPUR, March 19 (Bernama) -- The Ministry of International Trade and Industry (MITI) continues to support investments that introduce cutting-edge technology and enhance the skills and quality of the local workforce to keep Malaysia globally competitive.

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.

LyondellBasell, Covestro Announce Permanent Closure Of Maasvlakte PO11 Unit

KUALA LUMPUR, March 19 (Bernama) -- LyondellBasell (LYB) and Covestro have jointly decided to permanently close the Propylene Oxide Styrene and Monomer (POSM) production unit (PO11) at the Maasvlakte site in the Netherlands.

Foreign Workers' EPF Contribution A Game Changer To Retain Workforce And Hire More Local Talent

By Nur Athirah Mohd Shaharuddin & Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 19 (Bernama) -- Foreign workers' mandatory Employees Provident Fund (EPF) contribution will benefit Malaysia’s economy over the long term as employers will favour hiring more local talent as costs increase.

i-Saraan Contributions Reach RM2.6 Bln In 2024, Government Channels RM114.8 Mln To Over 500,000 Members – Amir Hamzah

KUALA LUMPUR, March 13 (Bernama) -- Total contributions to the i-Saraan programme,  a voluntary scheme under the Employees Provident Fund (EPF), amounted to RM2.6 billion in 2024, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Intel Corp Appoints Chip Industry Veteran Tan Lip Bu As CEO

KUALA LUMPUR, March 13 (Bernama) -- Intel Corporation has appointed Malaysian-born Tan Lip Bu, an accomplished technology leader with deep semiconductor industry experience, as chief executive officer (CEO) effective March 18.

Investment In Sapura Energy By MDH To Repay Local Vendors - PNB

KUALA LUMPUR, March 12 (Bernama) -- The investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd (SEB) will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors, said Permodalan Nasional Bhd (PNB).

Malaysia's Manufacturing Sector Sales Up 3.5 Pct To RM158.1 Bln In January 2025 - DOSM

KUALA LUMPUR, March 12 (Bernama) -- Malaysia’s manufacturing sector sales value increased by 3.5 per cent in January 2025 (December 2024: 5.7 per cent) amounting to RM158.1 billion, according to the Department of Statistics Malaysia (DOSM).

EPF Reforms Gain Industry Support, Ensure Business Sustainability And Talent Retention

KUALA LUMPUR, March 12 (Bernama) -- Industry leaders welcomed the passing of the Employees Provident Fund (EPF) (Amendment) Bill 2025, hailing it as a balanced approach that strengthens social security while ensuring business sustainability.