FELDA’s 2022 And 2023 Annual Reports To Be Tabled In Parliament Next Year

KUALA LUMPUR, Dec 11 (Bernama) -- The Annual Report and Financial Statements of the Federal Land Development Authority (FELDA) for 2022 and 2023 will be presented and distributed in Parliament in 2026.

Genting Bhd To Be Included In Three FTSE4good Indices, Effective Dec 22

KUALA LUMPUR, Dec 11 (Bernama) -- Genting Bhd will be included for the first time in three of the FTSE4Good indices, which are the FTSE4Good Bursa Malaysia Index, FTSE4Good ASEAN 5 Index, and FTSE4Good Emerging Index, with the inclusion taking effect on Dec 22, 2025.

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 Lonpac Insurance Credit Ratings Affirmed As Excellent - AM Best

KUALA LUMPUR, Dec 11 (Bernama) -- Global credit rating agency, AM Best has affirmed Malaysia’s Lonpac Insurance Bhd (Lonpac) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent).

Chin Hin Disposes Of 44.12 Mln Shares In Signature International Via Off Market Transaction

KUALA LUMPUR, Dec 10 (Bernama) -- Chin Hin Group Bhd has disposed of 44.12 million ordinary shares in its subsidiary, Signature International Bhd (SIB), at an average price of RM1.36 per share for a total consideration of about RM59.99 million.

U Mobile To Roll Out Next Generation 5G Network Across 20 IGB Properties

KUALA LUMPUR, Dec 10 (Bernama) -- U Mobile will roll out its next generation 5G network across 20 IGB Bhd (IGB) properties in the country, marking the largest in-building coverage (IBC) deployment partnership in terms of buildings to date. 

AM Best Affirms ‘Good’ Credit Ratings For New Zealand’s Provident Insurance

KUALA LUMPUR, Dec 10 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) for New Zealand’s Provident Insurance Corporation Limited (PICL), with a stable outlook on these credit ratings (ratings).

Indonesia's TUGU Credit Ratings Affirmed, Outlook Revised To Stable - AM Best

KUALA LUMPUR, Dec 10 (Bernama) -- AM Best has affirmed PT Asuransi Tugu Pratama Indonesia Tbk (TUGU)’s financial strength rating (FSR) of A- (Excellent) and the long-term issuer credit rating (Long-Term ICR) of “a-” (Excellent), while revising the outlooks from negative to stable.

Virtue Trustee Unveils Wealth Protection Solutions Aligned With MADANI Framework

KUALA LUMPUR, Dec 10 (Bernama) -- Virtue Trustee Bhd (VTB) has launched a comprehensive suite of trustee, Islamic trust, and legacy-planning solutions, aimed at providing professional, secure and transparent wealth protection for all Malaysians, fully aligned with the national MADANI framework’s core values.

Expereo To Manage Global Network For Kingspan Light, Air + Water

KUALA LUMPUR, Dec 10 (Bernama) -- Expereo, a global leader in managed Network as a Service (NaaS), has been selected by Kingspan Light, Air + Water to provide a fully managed global connectivity solution.

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.

Labuan's Megah Port Management Open To Collaboration With Langkawi Port

By Jailani Hasan

LABUAN, Dec 9 (Bernama) -- Labuan’s port operator, Megah Port Management Sdn Bhd (MPM), said it is open to forging collaborative efforts with Langkawi Port Sdn Bhd (LPSB), particularly in exchanging expertise and best practices in port management.