5m ago
KUALA LUMPUR, Aug 6 (Bernama) -- Yinson Holdings Bhd's unit, Yinson Production, has completed the buy-out of the project loan related to the floating production storage and offloading (FPSO) vessel 'Atlanta' from Brava Energia S.A. for a total cash consideration of approximately US$257.4 million, including accrued interest.
5m ago
GEORGE TOWN, Aug 6 (Bernama) -- The Penang government has requested Hartasuma Sdn Bhd, the concessionaire for the Penang Hill cable car project, to conduct a feasibility study on a proposed new cable car route linking the Botanical Gardens to Gurney Bay.
5m ago
KUALA LUMPUR, Aug 5 (Bernama) -- Malaysia's financial sector must remain a cornerstone of transformation as Malaysia enters the next chapter of the country's development agenda under the 13th Malaysia Plan (13MP), said Finance Minister II Datuk Seri Amir Hamzah Azizan today.
5m ago
KUALA LUMPUR, Aug 4 (Bernama) -- More than 90 per cent of adjusted medical and health insurance and takaful (MHIT) policies recorded premium increases of less than 10 per cent, while over 200,000 policies benefited from deferred premium adjustments and more than 14,000 policies were reactivated as at 30 April 2025, according to the Ministry of Finance (MoF).
5m ago
KUALA LUMPUR, Aug 4 (Bernama) -- The Sessions Court has fined Pixelvest Sdn Bhd RM3 million and sentenced its director Dexter Ang Jen Chuen to three years imprisonment for offences relating to unlicensed capital market activities.
5m ago
KUALA LUMPUR, Aug 3 (Bernama) -- Market regulators must have integrity and be facilitative to be able to create value, grow the capital markets and address future challenges, especially given the challenges that lie ahead, said Securities Commission Malaysia (SC) chairman Datuk Mohammad Faiz Azmi.
5m ago
By M. Saraswathi & Karina Imran
KUALA LUMPUR, Aug 3 (Bernama) -- Malaysia's digital banking journey is making good progress and has great promise in addressing unserved and underserved segments, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
5m ago
KUALA LUMPUR, Aug 1 (Bernama) -- Capsphere, Malaysia’s first asset-based peer-to-peer (P2P) financing platform, has entered into a strategic collaboration with CGC Digital, the fintech subsidiary of Credit Guarantee Corporation Malaysia Bhd (CGC), to introduce new financing products for small and medium enterprises (SMEs).
5m ago
KUALA LUMPUR, Aug 1 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) marked a major milestone with the 30th edition of the CGC Awards, celebrating three decades of dedication to the growth of Malaysia’s micro, small and medium enterprises (MSMEs) and the broader financial ecosystem.
5m ago
KUALA LUMPUR, July 31 (Bernama) -- As Malaysia charts its path forward under the 13th Malaysia Plan (13MP), the financial sector must play a transformative role in enabling small and medium enterprises (SMEs) to participate meaningfully in strategic growth sectors, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.
5m ago
By K.Naveen Prabu
KUALA LUMPUR, July 31 (Bernama) -- Efforts to reform the local semiconductor industry and revitalise the high-value global services sector are among the main focuses of the 13th Malaysia Plan (13MP), as part of broader measures to strengthen the country’s economic diversification.
5m ago
KUALA LUMPUR, July 31 (Bernama) -- The government will vigorously implement key strategic plans within the 13th Malaysia Plan (13MP) framework to boost growth in high-growth, high-value (HGHV) industries and key strategic sectors.