Watchdog Upgrades Malaysia’s Illicit Finance Rating, Urges More Laundering Prosecutions

KUALA LUMPUR, Dec 11 (Bernama) -- Global financial crime watchdog, the Financial Action Task Force (FATF) and Asia/Pacific Group on Money Laundering (APG) in a report published today, revealed that Malaysia has further strengthened its defences against illicit finance since 2015, notably by enhancing its legal framework and supervision of financial and non-financial sectors.

Malaysia’s Digital Banking Sector Paves Way For 2025 Growth, Positive Crypto Outlook

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 11 (Bernama) -- The full rollout of all five licensed digital banks in 2025 has reshaped Malaysia’s digital finance landscape, signalling a decisive shift toward a more inclusive and technology-enabled financial ecosystem.

MTDC Positions Malaysian Aerospace Players On The Global Stage At ASKL 2025

KUALA LUMPUR, Dec 10 (Bernama) -- The Malaysian Technology Development Corporation (MTDC) reinforced its role as the nation’s deep-tech enabler with the opening of Aeromart Summit Kuala Lumpur (ASKL) 2025 at the MATRADE Exhibition and Convention Centre (MECC).

Address State-federal REE Issues With Mineral Council Panel - ISIS

KUALA LUMPUR, Dec 10 (Bernama) -- A review panel under the National Mineral Council could be established to address the fragmented jurisdiction and inconsistent enforcement between federal and state authorities, hindering effective oversight of rare earth element (REE) projects.

MBSB: VMY 2026 And AI To Boost Malaysia’s Economy, Markets

KUALA LUMPUR, Dec 10 (Bernama) -- MBSB Investment Bank Bhd expects Visit Malaysia Year 2026 (VMY 2026) to be a key driver of Malaysia’s economy and equities market next year, with related sectors poised to benefit.

e-Invoice Exemption Raised To RM1 Mln Boosts Entrepreneurs’ Competitiveness

KUALA LUMPUR, Dec 9 (Bernama) -- The government's move to raise the e-invoice exemption threshold from RM500,000 to RM1 million starting next year is expected to encourage entrepreneurs to become more competitive in advancing their businesses.

Raising e-Invoice Threshold To RM1 Mln Eases Pressure On SMEs, Says Economist

By K. Naveen Prabu and Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Dec 9 (Bernama) -- Exempting companies with annual revenue of below RM1 million from implementing e-invoicing will ease administrative pressure on small and medium enterprises (SMEs) and allow them to focus on their core business activities, said an economist.

CTBC Highlights Global Strategy At London Summit

KUALA LUMPUR, Dec 9 (Bernama) -- CTBC Financial Holding president Rachael Kao has outlined the group’s digital innovation, environmental, social and governance (ESG) strategy, and global expansion at the Global Banking Summit 2025 in London, from Dec 2 to 4, where she was the only representative from Taiwan’s financial sector.

CEDAR Empowers Over 3,000 Micro Entrepreneurs Through MUM Initiative

KUALA LUMPUR, Dec 9 (Bernama) -- The Centre for Entrepreneur Development and Research (CEDAR) - the capacity building and training arm of SME Bank - has empowered more than 3,000 micro-entrepreneurs nationwide through the “Maju Usahawan MADANI” (MUM) initiative.

Fruit Importers Can Apply For SST Exemption To MOF -- MITI

KUALA LUMPUR, Dec 8 (Bernama) -- Fruit traders and importers can apply directly to the Ministry of Finance (MoF) for exemptions from Sales and Service Tax (SST) on imported fruit, the Ministry of Investment, Trade and Industry (MITI) said.

Midstream, Downstream REE Production Companies Eligible For Incentives

KUALA LUMPUR, Dec 8 (Bernama) -- Companies involved in midstream and downstream production activities of Rare Earth Elements (REE) are eligible to be considered for incentives under the Promotion of Investments Act 1986, namely Pioneer Status and Investment Tax Allowance.   

ASEAN Companies Need Clear Goals, Strategies To Gain From AI - AWS

LAS VEGAS, Dec 5 (Bernama) -- Companies in ASEAN, including Malaysia, must focus on clear business goals, workforce skills and strong leadership to fully benefit from artificial intelligence (AI) and cloud technologies.