1y ago
KUALA LUMPUR, Dec 20 (Bernama) -- Malaysian Rating Corporation Bhd (MARC Ratings) anticipates the palm oil market to continue to face significant uncertainties heading into 2025, with supply-side challenges exacerbated by adverse weather conditions and a slower replanting pace.
1y ago
KUALA LUMPUR, Dec 20 (Bernama) -- The Council of the European Union (EU) has formally adopted the regulation on the postponement of application of the EU deforestation law by one year.
1y ago
LABUAN, Dec 19 (Bernama) -- The passing of four bills under the Ministry of Finance aimed at regulating business activities in the Labuan International Business and Financial Centre (Labuan IBFC) is set to strengthen Malaysia’s standing ahead of the fourth Financial Action Task Force (FATF) evaluation in February 2025.
1y ago
KUALA LUMPUR, Dec 18 (Bernama) -- The Ministry of Finance (MoF) has found that instances of using cryptocurrency as a medium for money laundering in Malaysia are low.
1y ago
KUALA LUMPUR, Dec 6 (Bernama) -- The Malaysian offshore supply vessel (OSV) sector, particularly the accommodation work barges (AWB) segment, is expected to remain bullish due to persistent vessel supply tightness from years of underinvestment, according to Kenanga Investment Bank Bhd.
1y ago
From Mohd Iswandi Kasan Anuar
JAKARTA, Dec 5 (Bernama) -- Malaysia’s Ambassador to Indonesia, Datuk Syed Md Hasrin Tengku Hussin, has urged Malaysian government-linked companies and major businesses in Indonesia to use their collective expertise to create a brighter future for the palm oil industry as an economic driver and a model for sustainable development.
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- United Overseas Bank (UOB) forecasts that ASEAN-6 economic growth will reach 4.8 per cent in 2025, surpassing the projected global average gross domestic product (GDP) growth of 3.2 per cent.
1y ago
JAKARTA, Dec 3 (Bernama) -- The Malaysian embassy together with the main agencies are working to strengthen the export of halal products to Indonesia, with bilateral trade between the two countries expected to reach US$25 billion (RM111.25 billion) to US$26 billion (RM115.7 billion) this year.
1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- The Ombudsman for Financial Services (OFS) and Securities Industry Dispute Resolution Centre (SIDREC) are in the final process of merger completion towards the full operation of the Financial Markets Ombudsman Service (FMOS) by 2025, according to Deputy Finance Minister Lim Hui Ying.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 1 (Bernama) – The government must prioritise the domestic shipping industry to advance green shipping and simultaneously develop a new national shipping policy to address long-standing gaps in the sector, said a shipping industry association.
1y ago
By Mohd Iswandi Kasan Anuar
JAKARTA, Nov 29 (Bernama) -- Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani has called for greater cooperation between Malaysia and Indonesia to address the regulatory challenges facing the global palm oil industry.
1y ago
By M. Saraswathi
KUALA LUMPUR, Nov 26 (Bernama) -- Incentive-Based Regulation (IBR), a bold transformation for Malaysia’s energy sector, is a framework used by regulators to determine efficient costs and their recovery for electricity supply and services.