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KUALA LUMPUR, July 31 (Bernama) -- Malaysia’s official reserve assets amounted to US$120.61 billion (US$1= RM4.23) as of end-June 2025, while other foreign currency assets stood at US$1.21 billion, according to Bank Negara Malaysia (BNM).
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KUALA LUMPUR, July 30 (Bernama) -- Petroliam Nasional Bhd (Petronas) has established a Transition Council and a Human Capital Development Committee aimed at coordinating a fair and structured redeployment of staff following the company's organisational restructuring.
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KUALA LUMPUR, July 30 (Bernama) -- Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty (AMP) totalling RM3.445 million on Bank Islam Malaysia Bhd (BIMB) for non-compliance with the Islamic Financial Services Act 2013 (IFSA) and the relevant policy documents.
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KUALA LUMPUR, July 29 (Bernama) -- The enactment of the Cross-Border Insolvency Bill 2025 is expected to support Malaysia’s long-term goal of attracting foreign direct investments (FDI) as well as strengthening the nation’s economic stability.
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KUALA LUMPUR, July 29 (Bernama) -- Airwallex has clinched a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS), paving the way for its latest offering, Airwallex Yield, to launch in the city-state.
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KUALA LUMPUR, July 29 (Bernama) -- Malaysia’s household debt stood at RM1.65 trillion as of the end of March 2025, equivalent to 84.3 per cent of the nation’s gross domestic product (GDP).
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JOHOR BAHRU, July 29 (Bernama) -- Johor-based bus body manufacturer, Sun Bus Tech Sdn Bhd aims to complete 310 Rapid KL buses under a local assembly (Completely Knocked Down-CKD) project with Prasarana Malaysia Bhd by February 2026.
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KUALA LUMPUR, July 28 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) said local retailers extended their net buying streak for a third consecutive week, with a net inflow of RM105.4 million for the week ended July 25.
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KUALA LUMPUR, July 28 (Bernama) -- CIMB Securities Sdn Bhd expects Malaysia’s National Semiconductor Strategy (NSS) to continue gaining traction among investors, institutions, and regional stakeholders.
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KUALA LUMPUR, July 27 (Bernama) -- Chitose Group which operates the world’s largest microalgae production facility using flat-panel type photobioreactors in Kuching, Sarawak, is aiming to develop 10 million hectares of large-scale microalgae cultivation farms in Malaysia, Indonesia, India, Middle East and other potential areas, by 2050 covering a market size of US$4.2 trillion (US$1=RM4.22).
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KUALA LUMPUR, July 25 (Bernama) -- The Bursa Malaysia Technology Index inched up 0.04 of a point to 52.36 while most of the other sectoral indices remained in negative territory.
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KUALA LUMPUR, July 25 (Bernama) -- Bursa Malaysia opened on a low note on Friday after recording gains over two consecutive sessions, tracking the mixed performance of global markets.