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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.

Malaysia Made Significant Achievement In 1MDB Money Laundering Probe - Watchdog

KUALA LUMPUR, Dec 11 (Bernama) -- The complex money laundering investigations related to 1Malaysia Development Bhd (1MDB) are a significant achievement and demonstrate enhanced coordination between various law enforcement agencies (LEAs), Bank Negara Malaysia (BNM), the Financial Intelligence Unit (FIU) and the Attorney General’s Chambers (AGC).

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.

Abu Dhabi Launches FIDA Cluster To Drive Future Finance

KUALA LUMPUR, Dec 11 (Bernama) -- Abu Dhabi has unveiled the FinTech, Insurance, Digital and Alternative Assets (FIDA) cluster, a major new initiative aimed at accelerating next-generation financial innovation and strengthening the emirate’s role as a global capital hub.

Global Delegates Signal Support For Formation Of Defence, Security And Resilience Bank

KUALA LUMPUR, Dec 11 (Bernama) -- The Defence, Security and Resilience Bank (DSRB) Development Group recently held a high-level meeting in the City of London with representatives from 37 nations.

MEF Supports Better Vacancy Data Under EIS, Urges Practical Implementation

KUALA LUMPUR, Dec 11 (Bernama) -- The government’s move to strengthen vacancy reporting under Section 45F of the Employment Insurance System Act (EIS) is aligned with established international practices, but practical implementation is a must, said the Malaysian Employers Federation (MEF).

SEDA Identifies Solar, Hydro, Bioenergy As Key Drivers Of Perak’s Energy Transition

IPOH, Dec 10 (Bernama) -- Perak has already established a substantial renewable energy (RE) base and possesses clear potential for further expansion, said Sustainable Energy Development Authority (SEDA) chief executive officer Datuk Hamzah Hussin.

Malaysia, Russia Explore Cooperation Under National Atomic Energy Programme

KUALA LUMPUR, Dec 10 (Bernama) -- Malaysia and Russia are exploring new avenues of cooperation in the peaceful use of nuclear energy as Putrajaya finalises its National Atomic Energy Programme.

IATA Optimistic On Malaysia’s Aviation Outlook As Regional Recovery Accelerates

From Kisho Kumari Sucedaram

GENEVA, Dec 10 (Bernama) -- The International Air Transport Association (IATA) remains upbeat about Malaysia’s aviation recovery in 2026 as the country stands to benefit from the Asia-Pacific market - the world’s fastest-growing air travel region.

Penguin Solutions’ Latest DDR5 SODIMM Delivers Rugged, Wide-Temp Performance

KUALA LUMPUR, Dec 10 (Bernama) -- Penguin Solutions Inc has expanded its DDR5 memory portfolio with the launch of its SMART 64-gigabyte (GB) DDR5-6400 ECC CSODIMM module, engineered for high-performance computing across industrial, edge, telecom and networking systems.

Federal, State Govts Must Find Ways To Develop REE Industry - Liew

KUALA LUMPUR, Dec 10 (Bernama) -- The federal and state governments must find new ways to work together to develop a coherent rare earth elements (REE) industry, said Deputy Investment, Trade and Industry Minister Liew Chin Tong today.

Global 2025 Aircraft Delivery Shortfalls By 5,300, Aviation Sector’s Most Significant Constraint

From Kisho Kumari Sucedaram

GENEVA, Dec 9 (Bernama) -- Global aircraft delivery shortfalls in 2025 now total at least 5,300 aircraft, making aircraft availability one of the most significant constraints on industry growth, according to the Geneva-based International Air Transport Association (IATA).