LATEST NEWS   Government reserves the right to revoke approved assistance in the event of non-compliance - MoF | Total allocation for STR and SARA this year is RM15 billion, the highest in government history - MoF | RM1.1 billion allocated for STR Phase 1 this year, benefitting 3.7 million households and 1.3 million senior citizens without spouses - MoF | MINDEF given priority to adopt ESG framework due to large scale of procurement and need for more sustainable governance – Fahmi | Discussion with Online Safety Committee on Tuesday touches on the challenges of AI, sandbox regulatory process - Fahmi | 

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Government To Leverage Sabah's Strengths, Capabilities To Attract High-tech Manufacturing Investors -- MITI

KUALA LUMPUR, Nov 6 (Bernama) -- The government plans to leverage Sabah's local strengths and capabilities to attract investors in the high-tech manufacturing industry, with a focus on downstream activities.

Govt Introduces DIAF, FIAF To Support Businesses And Attract FDI -- MITI

KUALA LUMPUR, Nov 6 (Bernama) -- The government, through the Ministry of Investment, Trade and Industry (MITI) and the Malaysian Investment Development Authority (MIDA), has introduced two new funds under the 12th Malaysia Plan (12MP), namely the Domestic Investment Accelerator Fund (DIAF) and the Foreign Investment Accelerator Fund (FIAF).

Geely Says Once Drivers Try EVs, They Won’t Return To Petrol

HANGZHOU (China), Nov 6 (Bernama) -- Electric vehicles (EVs) are gaining momentum globally, with China at the forefront of this shift toward eco-friendly transportation.

Malaysia's Smart City Framework Yielding Impactful Results - Gobind 

BARCELONA, Nov 6 (Bernama) -- Malaysia's Smart City Framework, which aims to bring local cities up to global smart city standards, is generating impactful results, as evidenced by Kuala Lumpur's impressive leap of 16 spots in the latest Institute for Management Development (IMD) Smart City Index.

IILM Reissues Its Largest Year-To-Date Short-Term Ṣukuk Of US$1.31 Bln

KUALA LUMPUR, Nov 5 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of an aggregate US$1.31 billion (US1=RM4.34) short-term sukuk with tenors of one month, three months, and six months.

Wise Platform Partners Standard Chartered To Redefine International Payments Experience

KUALA LUMPUR, Nov 5 (Bernama) -- Wise announced its global payments infrastructure for banks, Wise Platform, has partnered with Standard Chartered to power faster and cheaper international payments for the bank’s cross-border payment service, SC Remit.

LRN Corporation Bags Best Compliance Training Initiative In Fraud And Financial Crime 

KUALA LUMPUR, Nov 5 (Bernama) -- LRN Corporation, a global leader in ethics and compliance solutions, has won the Best Compliance Training Initiative/Provider in the Fraud and Financial Crime category at the prestigious seventh annual Regulation Asia Awards for Excellence.

18th Global Citizenship Conference To Kick Off In Singapore

KUALA LUMPUR, Nov 5 (Bernama) -- More than 400 delegates from over 50 countries are expected to attend the 18th annual Global Citizenship Conference, which takes place from Nov  27 to 29 in Singapore.

Shanghai Voluntary Local Review Unveils Chinese Sustainable Urban Development Practices 

KUALA LUMPUR, Nov 5 (Bernama) -- The 2024 Shanghai Voluntary Local Review to mark the World Cities Day shared practices and experiences of mega and super-sized cities in promoting sustainable development with the world.

Ringgit Stays Strong, Up 5.03 Pct Versus US Dollar As At Nov 4 - Amir Hamzah

KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit’s value is still strong amid recent market developments and adjustments, with the local note rising by 5.03 per cent against the US dollar as at Nov 4, 2024.

KPK Drafts Initiatives To Transform Agricommodity Sector Into Technology-based Sector

KUALA LUMPUR, Nov 5 (Bernama) -- The Ministry of Plantation and Commodities (KPK) has drafted several initiatives to transform the agricommodity sector from labour-based to technology-based.

Islamic Finance set to revitalise the economy with three core principles - BNM

KUALA LUMPUR, Nov 5 (Bernama) -- Islamic finance holds substantial potential to revitalise the economy through three core principles—Maqasid Shariah, innovation, and global integration, said Bank Negara Malaysia (BNM).