Ireka Corp Defaults On RM1.04 Mln Loan Repayments To HLBB, Ambank

KUALA LUMPUR, Sept 23 (Bernama) — Ireka Corporation Bhd (ICB) has defaulted on loan repayments totalling RM1.04 million owed to Hong Leong Bank Bhd (HLBB) and AmBank (M) Bhd.

Press Visits World’s Tallest Bridge In China Before Opening

GUIZHOU (CHINA), Sept 22 (Bernama) -- Suspended 625 metres above a deep canyon, China’s newest bridge left journalists from eight countries in awe. The Huajiang Gorge Bridge, now nearing completion, links Guanling County in Anshun City with Zhenfeng County in Qianxinan Buyei and Miao Autonomous Prefecture, Guizhou Province.

AM Best Withdraws New Zealand's Foundation Life Ratings Following Policy Cancellations 

KUALA LUMPUR, Sept 19 (Bernama) -- Global credit rating agency, AM Best has withdrawn the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Foundation Life (NZ) Limited (FLNZ) as the company no longer holds insurance policy liabilities.

Ivan Khong's (Boss A) Journey From Weak Student To E-commerce Entrepreneur

By Naveen Prabu Kuppusamy

KUALA LUMPUR, Sept 12 (Bernama) -- Once dismissed as a weak student, SCE Distributor Sdn Bhd founder Ivan Khong has built a career in refurbished computers and live online sales, earning recognition as the only refurbished computer seller to secure “mall” status on social media.

Tianjin’s SCO Summit To Call For Enhancing Multilateralism, Boost Ties With ASEAN

By Voon Miaw Ping

TIANJIN (China), Aug 31 (Bernama) -- The Shanghai Cooperation Organisation (SCO) Summit, which kicked off today, is expected to see member states continue to prioritise cohesion in their efforts to deepen economic and security cooperation.

Govt Procurement Bill 2025 Limits Finance Minister's Powers Via Stronger Checks And Balances -- Amir Hamzah

KUALA LUMPUR, Aug 28 (Bernama) -- The Government Procurement Bill 2025 does not increase the powers of the finance minister but instead limits them by introducing a stronger system of checks and balances, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

WORQ Expands TOD Co-working Spaces Amid Hybrid Work Boom

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 8 (Bernama) -- The growing shift towards hybrid and flexible working arrangements are driving demand for accessible, well-equipped co-working spaces in Malaysia’s urban centres. 

Nauru Grants First Citizenship Under Climate-Resilience Programme

KUALA LUMPUR, Aug 5 (Bernama) -- The Republic of Nauru has officially welcomed its first new citizens under the government’s Economic and Climate Resilience Citizenship Program, announced at COP29 late last year.

Digital Bank: A Promising Start, With More To Unfold

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. 

Ringgit Closes Lower Against US Dollar Amid US Tariffs, 13MP

KUALA LUMPUR, Aug 1 (Bernama) -- The ringgit closed lower against the US dollar on Friday as the dollar strengthened following new tariffs imposed by the United States on its trading partners, alongside developments related to the 13th Malaysia Plan (13MP).

Malaysia Upholds Finance, Procurement And Bumiputera Policies As US Eases Export Tariffs

KUALA LUMPUR, Aug 1 (Bernama) -- The government remains firm on matters related to policies in the financial system, government procurements, and Bumiputera interests during negotiations with the United States (US) on reciprocal tariffs.

KNM's Subsidiary To Dispose Of Entire Equity Interest In FBM Hudson Italian

KUALA LUMPUR, Aug 1 (Bernama) -- KNM Group Bhd’s wholly-owned subsidiary, KNM Europa BV, will dispose of its entire equity interest in FBM Hudson Italian SPA (FBMHI) to SymbEx GmbH and Terragarda GmbH for EUR19.50 million (EUR1=RM4.89).