Living Wage Drive By GLCs, GLICs A Pivotal Step Towards National Wage Reform – Economists

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 2 (Bernama) -- The move by Government-linked Investment Companies (GLICs) and Government-linked Companies (GLCs) to implement a minimum monthly living wage of RM3,100 for 153,000 employees marks a highly significant milestone that can catalyse a broader wage reform across Malaysia’s labour market, according to economists.

Bank Islam’s ISIA 3.0 Redefines Investment, Profits With Purpose

KUALA LUMPUR, July 1 (Bernama) -- Bank Islam Malaysia Bhd has launched the Ihsan Sustainability Investment Account (ISIA) 3.0, the third version of its pioneering Shariah-compliant investment offering.

Allianz Malaysia Supports Healthcare Reforms To Promote Affordability And Insurance Sustainability

KUALA LUMPUR, June 26 (Bernama) – Allianz Malaysia Bhd fully supports systemic reforms in the healthcare sector to address rising medical costs and ensure the long-term viability of the insurance industry for the benefit of customers.

SME Bank’s RM211 Mln Strategic Initiative To Support MSME Growth – Amir Hamzah

KUALA LUMPUR, June 26 (Bernama) -- The launch of a strategic initiative worth RM211 million by Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) is set to support the sustainable and inclusive growth of the micro, small, and medium enterprises (MSMEs) segment.

SC Seeks Public Feedback On Proposed Sustainability Assurance Framework

KUALA LUMPUR, June 25 (Bernama) -- The Advisory Committee on Sustainability Reporting (ACSR), chaired by the Securities Commission Malaysia (SC), has published a consultation paper to seek feedback from members of the public on the proposed framework for sustainability assurance.

Beijing To Host Global Digital Economy Conference 2025 With UNDP As Co-Organiser

KUALA LUMPUR, June 25 (Bernama) -- The 2025 Global Digital Economy Conference (GDEC 2025) will be held in Beijing from July 2, under the theme “Building a Digitally Friendly City,” as announced at a press conference on June 23.

Sun Life Malaysia Appoints Ho Teck Seng As President And Country Head

KUALA LUMPUR, June 25 (Bernama) -- Sun Life Malaysia has appointed Ho Teck Seng as its new president and country head, and chief executive officer of Sun Life Malaysia Assurance Bhd, effective July 1, 2025.

Set Up Sabah's Transport Ministry To Drive Logistics Reform -- Expert

LABUAN, June 25 (Bernama) -- A transport and logistics expert has urged the Sabah state government to establish a full-fledged Ministry of Transport to undertake institutional reform and long-term strategic planning.

Financial Park Labuan To Revive Long-idle Block 5 Tower Into Modern Office Space

LABUAN, June 25 (Bernama) -- Labuan’s largest mixed development developer, Financial Park (Labuan) Sdn Bhd, is breathing new life into the long-vacant Block 5 Tower by transforming it into a modern office building, in a move expected to enhance the island’s commercial property offerings.

MPBC Gathers Over 250 Members To Boost Malaysia–Pakistan Ties

KUALA LUMPUR, June 24 (Bernama) -- More than 250 members of the Malaysia–Pakistan Business Council (MPBC) gathered alongside Malaysian government agencies to foster trade and investment between the two countries.

Malaysia Has Strong Potential To Expand In Central Asia, With Uzbekistan As Gateway

From Siti Radziah Hamzah

TASHKENT, June 24 (Bernama) -- Malaysia has great potential to expand its market in Central Asia by further strengthening bilateral cooperation with Uzbekistan, which could serve as the best platform and gateway into the region, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Agrobank Targets 70,000 New Accounts Under Mega Million 2.0 Campaign

MELAKA, June 24 (Bernama) -- Agrobank is targeting 70,000 new accounts and RM350 million in deposits under its Mega Million 2.0 campaign, launched in November last year.