National Audit Department To Audit 2,000 GLCs Next Year

KUALA LUMPUR, Sept 30 (Bernama) -- The National Audit Department (NAD) will be auditing 2,000 government-linked companies (GLCs) beginning next year in an effort to create a new era of enhanced governance in Malaysia, said Auditor-General Datuk Wan Suraya Wan Mohd Radzi.

BNM Seeks Feedback On Three-year Roadmap For Full Transition To MYOR/MYOR-i 

KUALA LUMPUR, Sept 27 (Bernama) -- Bank Negara Malaysia (BNM) is seeking feedback on a proposed three-year roadmap for the full transition to Malaysia Overnight Rate (MYOR) and Malaysia Islamic Overnight Rate (MYOR-i) alongside the cessation of the Kuala Lumpur Interbank Offered Rate (KLIBOR).

Sarawak Becomes Largest Shareholder In Affin Bank With 31.25 Pct Stake

KUALA LUMPUR, Sept 27 (Bernama) -- The Sarawak state government, through its wholly-owned subsidiary, SG Assetfin Holdings Sdn Bhd, has finalised the share purchase agreement (SPA) of Affin Bank shares from Lembaga Tabung Angkatan Tentera (LTAT) and Boustead Holdings Bhd.

Budget 2025: CTIM Calls For Reevaluation Of Individual-based Income Tax Model

KUALA LUMPUR, Sept 26 (Bernama) -- The Chartered Tax Institute of Malaysia (CTIM) has proposed that the government redefine the current classifications of the B40, M40, and T20 income tax models to reflect the evolving economic landscape.

UEM Sunrise Achieves 100 Pct Take-up Rate For 3 Projects With RM499 Mln GDV

ISKANDAR PUTERI, Sept 26 (Bernama) -- UEM Sunrise Bhd achieved a take-up rate of 100 per cent during the preview of its developments -- Aspira Hills, DiReka Square, and Aspira LakeHomes -- with a combined gross development value (GDV) of RM499 million.

Labuan’s Megah Port Management Strengthens Govt Collaboration To Boost Operations

LABUAN, Sept 25 (Bernama) -- Labuan’s containerised port operator Megah Port Management Sdn Bhd (MPM) has increased collaboration with government agencies to ensure seamless port operations.

LYB Obtains Renewable Electricity Capacity To Reach 2030 Goal

KUALA LUMPUR, Sept 25 (Bernama) -- LyondellBasell (LYB), a leader in the global chemical industry, has signed a power purchase agreement (PPA) with Eneco N.V., bringing its total secured renewable electricity capacity to 100 per cent of its renewable electricity procurement target.

IATA's Updated Net Zero Roadmaps Establish The Feasibility Of Energy Transition By 2050

KUALA LUMPUR, Sept 24 (Bernama) -- The International Air Transport Association (IATA) has released updated Policy and Finance Net Zero Roadmaps, which among others conclude that the air transport industry’s energy transition is feasible on the 2050 horizon.

Bursa Malaysia To Review Listing Requirements In Tandem With NSRF

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia Securities Bhd has issued a consultation paper seeking the public’s feedback on the proposed sustainability reporting enhancements to the Main Market and ACE Market Listing Requirements (LR), in line with the National Sustainability Reporting Framework (NSRF).

Fadillah To Lead Malaysian Delegation At ASEAN Energy Summit In Laos

From Norsyafawati Ab Wahab

VIENTIANE (LAOS), Sept 24 (Bernama) -- Deputy Prime Minister, Datuk Seri Fadillah Yusof, who is also Minister of Energy Transition and Water Transformation, will lead Malaysia's delegation to the 42nd ASEAN Ministers on Energy Meeting (AMEM) and its associated meeting in Vientiane, Laos, from Sept 26 to 27.

SC Unveils Family Office Incentive Scheme To Boost Investment

KUALA LUMPUR, Sept 23 (Bernama) -- The Securities Commission Malaysia (SC) today unveiled the framework for a new Family Office incentive scheme designed to enhance Malaysia's investment landscape.

KPK Proposes Revision Of WPL On Palm Oil; MOF Feedback Pending

PUTRAJAYA, Sept 23 (Bernama) -- The Plantation and Commodities Ministry (KPK) presented a proposal to the Ministry of Finance (MoF) last week to revise the windfall profit levy (WPL) on palm oil in the country.