BNM Imposes Penalties On Four Financial Institutions For Regulatory Breaches

KUALA LUMPUR, May 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty on four banks, namely Bank Pembangunan Malaysia Bhd (BPMB), HSBC Bank Malaysia Bhd, HSBC Amanah Malaysia Bhd and Maybank Islamic Bhd for various breaches of financial regulations.

AEC Strategic Plan To Enhance Region’s Digital Economy, Projected To Reach US$1 Trillion By 2030 - Economist

By Danni Haizal Danial Donald

KUALA LUMPUR, May 28 (Bernama) -- The impact of enhancing the digital economy via the ASEAN Economic Community (AEC) Strategic Plan 2026-2030 will be immense because the region’s digital economy is projected to reach US$1 trillion by 2030, an economist said.

MNRB Holdings FY2025 Net Profit At RM394.20 Mln, Demonstrates Resilience

KUALA LUMPUR, May 27 (Bernama) -- MNRB Holdings Bhd posted a lower net profit of RM394.20 million for the financial year ended March 31, 2025 (FY2025), compared with RM433.54 million recorded in the preceding year.

Astral Asia's Unit Obtains Iron Ore Mining Rights On 40.47 Hectare Land In Pahang

KUALA LUMPUR, May 27 (Bernama) -- Astral Asia Bhd's (AAB) wholly-owned subsidiary, Astral Chem Sdn Bhd (AC) has been granted iron ore mining rights from AAB's 65 per cent subsidiary, Astral Asia Plantation Sdn Bhd (AAP). 

AC Obtains Iron Ore Mining Rights On 40.47 Hectare Land In Pahang

KUALA LUMPUR, May 27 (Bernama) -- Astral Asia Bhd's (AAB) wholly-owned subsidiary, Astral Chem Sdn Bhd (AC) has been granted iron ore mining rights from AAB's 65 per cent subsidiary, Astral Asia Plantation Sdn Bhd (AAP). 

Shareholder Activism Surges Across Asia Amid Corporate Governance Reforms - Diligent

KUALA LUMPUR, May 27 (Bernama) -- Shareholder activism in Asia has reached unprecedented levels, with over 200 companies targeted in both 2023 and 2024, up significantly from 134 in 2021, according to Diligent Market Intelligence’s newly released Shareholder Activism in Asia 2025 report.

Malaysia Signs Deal To Initiate Trade Talks With GCC, Eyes Expansion Of Businesses -- Tengku Zafrul

By Vikneswaran Raman

KUALA LUMPUR, May 26 (Bernama) — Malaysia has set its sights on expanding trade with the oil-rich Gulf Cooperation Council (GCC) countries after signing a joint statement to initiate negotiations on a Malaysia-GCC Free Trade Agreement (MGFTA) today.

SC Launches Two Initiatives To Drive Maqasid Al-Shariah Adoption In ICM

KUALA LUMPUR, May 26 (Bernama) -- The Securities Commission Malaysia (SC) has unveiled the 40 Hadiths book series on sustainability and ethical sales transactions to promote a deeper understanding of the Islamic perspective on sustainability and Islamic ethics in commercial transactions.

Petronas Gas Posts Higher 1Q Profit, Declares 16 Sen Dividend

KUALA LUMPUR, May 26 (Bernama) -- Petronas Gas Bhd’s net profit for the first quarter of 2025 (1Q 2025) rose to RM468.80 million from RM456.65 million a year earlier.

ZHH & Robin LLP China, MRCO Malaysia Ink Deal To Bolster Cross-border Legal Services

KUALA LUMPUR, May 26 (Bernama) -- ZHH & Robin LLP China and Mohamed Ridza & Co (MRCO) from Malaysia have signed a landmark cooperation agreement to enhance cross-border legal services between the two countries.

Li Qiang At ASEAN-GCC-China Summit Boosts Regional Cooperation

By Siti Noor Afera Abu

KUALA LUMPUR, May 23 (Bernama) – Chinese Premier Li Qiang's presence at the inaugural ASEAN-Gulf Cooperation Council (GCC)-China Summit in Kuala Lumpur next week reflects China's strong commitment to regional cooperation.

Pharmaniaga Gets Three Months Extension To Implement Regularisation Plan

KUALA LUMPUR, May 22 (Bernama) -- Bursa Malaysia Securities Bhd (Bursa Securities) today granted Pharmaniaga Bhd a three-month extension up to Aug 29, 2025 to implement its Regularisation Plan.