| LATEST NEWS | Services sector expanded by 8.1 pct year-on-year in the first quarter of 2026, with revenue reaching RM682 bln | KWAP announces appointment of Datuk Jay Khairil Jeremy Abdullah as chief executive officer, effective May 20, 2026 | Malaysia wants OEMs to collaborate with local vendors to level up entire value chain and ecosystem via the new EV policy - Sim Tze Tzin | Thirteen senators, including six newly appointed, are sworn in today | Tan Sri Dr Mohd Daud Bakar and Datuk Norliza Tajudin plead not guilty to criminal breach of trust involving RM10.55 million | |
LABUAN, April 29 (Bernama) -- Labuan’s duty-free status should be given equal consideration for full restoration, in line with the proposal being studied for Langkawi, to support the island’s tourism, retail and business sectors, the Labuan Corporation (LC) Advisory Council said.
KUALA LUMPUR, April 29 (Bernama) -- Understanding how global energy shocks transmit through production and supply chain networks is the key policy challenge for ASEAN economies, particularly in the wake of disruptions linked to the Iran-Strait of Hormuz.
KUALA LUMPUR, April 29 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Australia’s Guild Insurance Limited (GIL), with the outlook for both credit ratings (ratings) remaining stable.
KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia ended the morning session lower, tracking regional peers as investor sentiment was dented following reports of the United Arab Emirates’ (UAE) move to exit the Organisation of the Petroleum Exporting Countries and its allies (OPEC+).
KUALA LUMPUR, April 28 (Reuters) -- The United Arab Emirates said on Tuesday it quit OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.
KUALA LUMPUR, April 28 (Bernama) -- Global crude oil prices rose in a knee-jerk reaction following news that the United Arab Emirates (UAE) has left the Organisation of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance.
KUALA LUMPUR, April 28 (Bernama) -- Cost pressures in Malaysia’s medical and health insurance/takaful (MHIT) sector are driven mainly by higher utilisation of healthcare services and misaligned incentives, rather than sharp increases in treatment prices, according to a World Bank Group report.
KUALA LUMPUR, April 28 (Bernama) -- The withdrawal of the 10 per cent withholding tax by the Malaysian government has minimal impact towards KLCCP Stapled Group due to its shareholder mix.
KUALA LUMPUR, April 28 (Bernama) -- Singapore’s top 100 brands rose seven per cent year-on-year to a combined value of US$84.1 billion in 2026, driven by growth across the banking, engineering, food and real estate sectors, according to the Brand Finance Singapore 100 2026 report. (US$1 = RM3.95)
KUALA LUMPUR, April 28 (Bernama) -- Labuan Financial Services Authority (Labuan FSA) will focus on intensifying market development and innovation in digital finance, Islamic finance and insurance as Labuan International Business and Financial Centre (Labuan IBFC) navigates a more challenging external environment in 2026.
KUALA LUMPUR, April 28 (Bernama) -- The Labuan International Business and Financial Centre (Labuan IBFC) recorded total industry assets of US$94 billion (US$1=RM3.95) in 2025, up 13 per cent from the previous year, reflecting continued resilience and growth momentum across key sectors.
KUALA LUMPUR, April 28 (Bernama) -- Malaysia ranks among the top countries in artificial intelligence (AI) readiness, supported by strong adoption rates, public trust and continued investment in the digital economy, according to global real estate property technology group, Juwai IQI Holdings.
