Dewan Rakyat Passes Two Tax-Related Bills

KUALA LUMPUR, Dec 1 (Bernama) -- The Dewan Rakyat today passed the Finance Bill 2025, which details amendments to five tax acts, namely the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Labuan Business Activity Tax Act 1990, and the Petroleum (Income Tax) Act 1967.   

EPF Appoints Mohamad Hafiz As CIO, Ahmad Rizal As CFO

KUALA LUMPUR, Dec 1 (Bernama) -- The Employees Provident Fund (EPF) has appointed Mohamad Hafiz Kassim as its new chief investment officer (CIO) and Ahmad Rizal Omar as chief financial officer (CFO), both effective today.

Analaysts Maintain Overweight Call On Banking Sector Amid Earnings Resilience

KUALA LUMPUR, Dec 1 (Bernama) -- Analysts have maintained their ‘Overweight’ calls on the banking sector, citing resilient earnings, loan growth and attractive dividend yields despite ongoing margin pressures.

Malaysia Not Obligated Under ART To Fulfil US$240 Bln In Commercial Commitments Or Invest US$70 Bln In US -- MITI

KUALA LUMPUR, Dec 1 (Bernama) -- Malaysia is not obligated to carry out US$240 billion in commercial purchases or US$70 billion in investments in the United States under the Agreement on Reciprocal Trade (ART), said the Ministry of Investment, Trade and Industry (MITI).

Strong Industrial Base Driving Penang’s Rise In Renewable Energy – MPSEA

By Farhana Poniman

GEORGE TOWN, Nov 30 (Bernama) — Penang is on track to become one of Malaysia’s leading states in renewable energy adoption, particularly in solar power, driven by its robust industrial base and rising sustainability awareness.

HKTDC Launches AsiaIPEX Creative Hub For Global IP

KUALA LUMPUR, Nov 28 (Bernama) -- The Hong Kong Trade Development Council (HKTDC) has developed the Asia IP Exchange (AsiaIPEX), a free online platform and database showcasing intellectual properties (IPs) around the world.

CIMB Group 3Q Net Profit Rises To RM2.08 Bln, Declares Special Dividend Of Seven Sen

KUALA LUMPUR, Nov 28 (Bernama) -- CIMB Group Holdings Bhd’s net profit for the third quarter ended Sept 30, 2025 (3Q 2025) increased to RM2.08 billion from RM2.03 billion in the same period last year.

Corporate Reporting Should Be Seen As Strategic Tool Rather Than Compliance Burden - Amir Hamzah

KUALA LUMPUR, Nov 27 (Bernama) — Companies should view corporate reporting as a strategic tool rather than a compliance burden amid the global economy's transition towards green and digital paradigms.

Cheng & Co Expands Mid-shore Wealth Management Presence With Alpadis Trust Labuan Acquisition

By Jailani Hasan

LABUAN, Nov 27 (Bernama) -- Cheng & Co Group has strengthened its regional wealth management capabilities with the acquisition of Alpadis Trust (Labuan) Limited, now officially renamed Indah International Trust Limited.

Proton Sourced RM3.2 Bln Worth Of Parts, Components From Local Vendors This Year – Tengku Zafrul

KUALA LUMPUR, Nov 27 (Bernama) -- Proton Holdings Bhd sourced RM3.2 billion worth of parts and components from local vendors this year alone, underscoring its commitment to a localised supply chain that will continue to grow in scale and value.

MBSB 3Q Net Profit Eases To RM95.64 Mln 

KUALA LUMPUR, Nov 26 (Bernama) -- MBSB Bhd posted a lower net profit of RM95.64 million in the third quarter of the financial year ended Sept 30, 2025 (3Q FY2025), compared to RM122.08 million a year earlier.

Malaysia Ranks Second In Islamic Banking Market Share Growth From 2000-2024 - Stanchart

KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia recorded a 48 per cent growth in Islamic banking market share between 2000 and 2024, placing the country second only to Saudi Arabia globally, according to a report by Standard Chartered (StanChart).