Bursa Malaysia Closes Higher For Fourth Consecutive Session

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia extended its positive performance, closing higher for a fourth consecutive session, supported by improving local market sentiment underpinned by a firm domestic macroeconomic backdrop.

Akmal Nasrullah Named Economy Minister

KUALA LUMPUR, Dec 16 (Bernama) -- After helming the deputy minister’s role twice in different ministries, Akmal Nasrullah Mohd Nasir will now take on a new role as Economy Minister.

Johari Ghani Brings Extensive Corporate, Finance Experience As Investment, Trade And Industry Minister

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 16 (Bernama) -- Datuk Seri Johari Abdul Ghani, 61, the newly appointed Minister of Investment, Trade and Industry, is a seasoned politician who is expected to bring his extensive corporate and financial experience to his new portfolio.

Negeri Sembilan Unveils US$20 Bln Nilai Photonic AI Manufacturing City

SEREMBAN, Dec 16 (Bernama) -- Negeri Sembilan has announced the development of the Nilai Advanced Photonic AI Manufacturing City, the first large-scale photonic computing and semiconductor initiative of its kind in the world.

Johari Ghani To Helm MITI, Akmal Nasrullah Made Economy Minister, Noraini Ahmad Named KPK Minister

KUALA LUMPUR, Dec 16 (Bernama) -- Datuk Seri Johari Abdul Ghani has been appointed as Investment, Trade and Industry Minister, changing his Cabinet portfolio from Plantation and Commodities Minister.

Commercial Negotiation Between Petronas, Petros Progressing Well - Fadillah

KUCHING, Dec 16 (Bernama) -- The ongoing commercial negotiations between Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) are progressing well and moving towards a mutually beneficial settlement, with an outcome expected early next year, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

Bursa Malaysia Stays Higher At Mid-Afternoon

KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia stayed in positive territory at mid-afternoon today, supported by buying activities in selected heavyweights led by consumer products and services, and healthcare counters.

Malaysia’s Non-Life Insurance Segment Outlook Remains Stable - AM Best

KUALA LUMPUR, Dec 16 (Bernama) -- Global credit rating agency, AM Best has maintained the stable outlook on Malaysia’s non-life insurance segment, citing regulatory initiatives designed to increase insurance penetration and phased de-tariffication of motor and fire insurance.

Palm Oil Industry To Remain Stable In 2026, Focusing On R&D, Yield Improvement – Johari

BANGI, Dec 16 (Bernama) -- Malaysia’s palm oil industry is expected to remain stable and competitive next year, driven by continued emphasis on research and development (R&D), yield improvements and sustainable practices in line with global market requirements, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

Independent Assessors To Submit Reports On Aerotrain by Mid-January 2026 -- Malaysia Airports

KUALA LUMPUR, Dec 16 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) today announced that two independent assessors, Alstom and IJMC-PESTECH which review the Aerotrain’s design, installation, operations and maintenance, are expected to submit their consolidated reports by mid-January 2026. 

Hilton, Explora Journeys Launch Luxury Ocean Loyalty Tie-Up

KUALA LUMPUR, Dec 16 (Bernama) -- Hilton and Explora Journeys, the ultra-luxury ocean travel brand of MSC Group, have unveiled an exclusive partnership that brings high-end cruising into Hilton’s global loyalty ecosystem, marking Hilton’s first major expansion into luxury ocean travel.

South Korea Eases Discount Rate Rules For Non-Life Insurers

KUALA LUMPUR, Dec 16 (Bernama) -- The recent easing of discount rate regulations by South Korea’s financial authorities will alleviate pressure on the solvency position of the country’s non-life insurers, according to a new AM Best commentary.