North Atlantic Expects To Complete Esso S.A.F. Acquisition On Nov 28

KUALA LUMPUR, Nov 11 (Bernama) -- North Atlantic France SAS (North Atlantic) has provided an update on its proposed acquisition from ExxonMobil France Holding SAS (ExxonMobil) of ExxonMobil’s entire stake in Esso Société Anonyme Française SA (Esso S.A.F.) and in ExxonMobil Chemical France SAS.

BNM's FTFC Policy Revision To Ensure Fairer Deals For Financial Consumers 

KUALA LUMPUR, Nov 11 (Bernama) -- The revised Fair Treatment of Financial Consumers (FTFC) policy document will enable financial service providers (FSP) to take appropriate action to understand vulnerable consumers better and provide the necessary assistance, said Bank Negara Malaysia (BNM) spokesperson.

Ramssol Enters Indonesia EV Market Through Bike Leasing Partnership

KUALA LUMPUR, Nov 10 (Bernama) -- Ramssol Group Bhd’s indirect subsidiary, PT Rider Gate Indonesia, has signed a cooperation agreement with PT Smoot Motor Indonesia and PT Swap Energi Indonesia to launch an integrated electric vehicle (EV) bike leasing ecosystem in Indonesia.

Mah Sing To Develop Prime Penang Land With RM528 Mln GDV

GEORGE TOWN, Nov 10 (Bernama) -- Mah Sing Group Bhd plans to undertake a new mixed development project, M Cora, on its newly-acquired Penang land with a projected gross development value (GDV) of RM528 million.

Local Institutions Extend Buying Streak With RM280.7 Mln Net Purchases -- MBSB IB

KUALA LUMPUR, Nov 10 (Bernama) -- Local institutions extended to a five-week consecutive streak of net purchases, recording inflows of RM280.7 million last week.

Malaysian Firms Eye Booming Chinese Halal Market Via MIHAS@Shanghai

By Amanina Mohamad Yusof

SHANGHAI, Nov 9 (Bernama) -- Malaysian companies are leveraging the Malaysia International Halal Showcase in Shanghai (MIHAS@Shanghai) to expand into China’s fast-growing halal market, tapping demand from one of the world’s largest Muslim consumer bases.

TNB Takes Multi-Pronged Approach Towards Renewable Energy

By M. Saraswathi

KUALA LUMPUR, Nov 9 (Bernama) -- Tenaga Nasional Bhd (TNB) is intensifying its sustainability journey under its Net Zero 2050 plan, spearheading renewable initiatives including hybrid hydro-floating solar projects, hydrogen partnerships, and a flexible cross-border grid for renewable integration. 

RM1.99 Bln In Online Sales For Malaysian Goods In 2024

KUALA LUMPUR, Nov 7 (Bernama) -- Sales of locally made products through e-commerce platforms reached RM1.99 billion last year, following collaboration between the Ministry of Domestic Trade and Cost of Living (KPDN) and platform providers under the 2024 Buy Malaysian Goods Campaign (KBBM).

BNM Offers Limited-edition Coins To Commemorate ASEAN-Malaysia Chairmanship 2025, DOSM’s 75th Anniversary

KUALA LUMPUR, Nov 7 (Bernama) -- Bank Negara Malaysia (BNM) has announced the issuance of two limited-edition commemorative coins to mark the ASEAN-Malaysia Chairmanship 2025 (ASEAN25) and 75th anniversary of the Department of Statistics Malaysia (DOSM75).  

Xsolla Expands Fintech Ecosystem With New Payment Tools

KUALA LUMPUR, Nov 7 (Bernama) -- Global video game commerce company, Xsolla has expanded its financial technology (fintech) ecosystem with a suite of proprietary payment methods ahead of the year-end holiday sales season.

Ann Joo Unit To Dispose Of Penang Industrial Land To Axis REIT For RM800 Mln

KUALA LUMPUR, Nov 6 (Bernama) -- Ann Joo Resources Bhd’s (AJR) wholly-owned subsidiary, Ann Joo Steel Bhd (AJSB), has accepted a conditional letter of offer from Axis REIT Managers Bhd for a proposed disposal of a freehold industrial land in Prai, Penang, for RM800 million.

ITOs Must Submit Information To BNM Before Implementing Premium Readjustments — Lim Hui Ying

KUALA LUMPUR, Nov 6 (Bernama) -- Insurers and takaful operators (ITOs) are required to submit all necessary information to Bank Negara Malaysia (BNM) for review before implementing premium readjustments, said Deputy Finance Minister Lim Hui Ying.