RM452 Mln Deferred Funds Held In Trust Until Dec 31, 2025 -- MoF

KUALA LUMPUR, March 3 (Bernama) -- The total deferred funds held by AmanahRaya are RM452 million as of Dec 31, 2025.

Sabah Welcomes More Collaboration With Petronas - Hajiji

KOTA KINABALU, March 3 (Bernama) -- Sabah Chief Minister Datuk Seri Hajiji Noor has welcomed Petroliam Nasional Bhd’s (Petronas) commitment to exploring further collaboration to enhance Sabah’s participation in the oil and gas industry.

PAC Calls On Felcra To Reassess 30,000-Hectare Land Bank Goal

KUALA LUMPUR, March 3 (Bernama) -- The Public Accounts Committee (PAC) has recommended that the Federal Land Consolidation and Rehabilitation Authority (FELCRA) revise its target for acquiring a land bank of 30,000 hectares to a more realistic level.

Petronas Closely Monitoring Developments In Middle East

By Siti Radziah Hamzah

KUALA LUMPUR, March 3 (Bernama) -- Petroliam Nasional Bhd (Petronas) is closely monitoring the developments in parts of the Middle East with concern and remains fully committed to ensuring the safety, security and welfare of its employees, dependents, as well as its contractors who are supporting its operations across the region.

Govt To Ensure Public Financial Management Objectives Result In Better Fiscal Outcomes - MoF

KUALA LUMPUR, March 2 (Bernama) -- The government will ensure that the objectives of public financial management under the Public Finance and Fiscal Responsibility Act 2023 (Act 850) are translated into better fiscal outcomes through the strengthening of a rules-based governance framework to improve transparency and accountability, said the Ministry of Finance (MoF).

Lynas' Operating License Renewal Granted By Atomic Energy Dept - Chang

KUALA LUMPUR, March 2 (Bernama) -- The government has approved the renewal of Lynas Malaysia’s operating licence for 10 years, effective tomorrow, following technical assessments, verification of legal compliance, consideration of national strategic interests, and commitments given by the company.

Malaysian Insurance Sector Set For Major Reforms Under Reset Initiatives

KUALA LUMPUR, March 2 (Bernama) -- The Malaysian insurance industry is poised to enter a new phase of major reforms under government-led RESET initiatives, including the introduction of the medical and health insurance/takaful (MHIT) plan and diagnostic-related group (DRG) pricing to address rising medical costs.

US-Iran Conflict Disrupts Global Aviation, Could Cost Industry More Than US$1 Bln 

By Zufazlin Baharuddin & Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 1 (Bernama) -- The US-Iran conflict has significantly disrupted airport operations and is poised to have a material near-term impact on global aviation, with aggregate industry costs potentially exceeding US$1 billion (US$1 = RM3.89) should the situation intensify, an economist said.

Malaysia To See Mixed Economic Impact From Oil Risk Premium Amid Current Iran-US Situation

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Feb 28 (Bernama) -- Malaysia’s economic outlook amid the current situation between Iran and the United States will depend largely on whether there is any physical disruption to crude shipments through the Strait of Hormuz, said SPI Asset Management managing partner Stephen Innes.

Malaysia To Study Economy Impact Following Israel, US Attacks On Iran - Economy Minister

By Nur Fadhliana Shaari

JOHOR BAHRU, Feb 28 (Bernama) -- The government will examine the impact on the country’s economy following attacks by Israel and the United States on Iran, said Economy Minister Akmal Nasruallah Mohd Nasir.

MAHB Imposes RM9.1 Mln Penalty On IJMC-Pestech JV Over KLIA Aerotrain -- MOT

KUALA LUMPUR, Feb 26 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) has imposed a ‘Liquidated and Ascertained Damages’ (LAD) penalty of RM9.1 million on the contractors, ALSTOM IJM Construction Sdn Bhd and Pestech Technology Sdn Bhd (IJMC-Pestech Joint Venture).

115 Companies To Be Recognised As Smart Factories By End-2026 -- MITI

KUALA LUMPUR, Feb 26 (Bernama) -- A total of 115 companies will be recognised as smart factories by the end of this year through the Smart Tech Up programme, said the Ministry of Investment, Trade and Industry (MITI).