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NETR Boosts Domestic Demand For Electric Buses, Enhancing Malaysia’s Competitiveness

JOHOR BAHRU, Dec 1 (Bernama) -- The National Energy Transition Roadmap (NETR), which aims to increase the use of electric buses significantly, is seen as opening up new growth opportunities for local manufacturers, including Johor-based Gemilang Coachwork Sdn Bhd.

North Atlantic France Completes Acquisition Of Esso S.A.F., ExxonMobil Chemical France

KUALA LUMPUR, Dec 1 (Bernama) -- North Atlantic France SAS (North Atlantic France) announced the successful closing of its acquisition of an 82.89 per cent controlling interest in Esso Société Anonyme Française SA (Esso S.A.F.) at 26.19 euros per share and 100 per cent of ExxonMobil Chemical France SAS (EMCF) from ExxonMobil France Holding SAS (ExxonMobil), following a competitive auction process initiated in 2024. (1 Euro = RM4.79)

DMDI Ventures Launches Maiden Electrical Store In Melaka

MELAKA, Dec 1 (Bernama) -- Dunia Melayu Dunia Islam (DMDI), through its subsidiary DMDI Ventures, has launched its first electrical goods store that features the Selamat brand.

Strong Industrial Base Driving Penang’s Rise In Renewable Energy – MPSEA

By Farhana Poniman

GEORGE TOWN, Nov 30 (Bernama) — Penang is on track to become one of Malaysia’s leading states in renewable energy adoption, particularly in solar power, driven by its robust industrial base and rising sustainability awareness.

Labuan IBFC To Lead ESG, Shariah-compliant, Digital Finance Regionally -- Labuan FSA DG

LABUAN, Nov 28 (Bernama) -- Labuan International Business and Financial Centre (Labuan IBFC) is positioning itself as a regional hub for environmental, social, and governance (ESG)-aligned, Shariah-compliant and digitally driven financial solutions in full support of Malaysia’s sustainability agenda. 

ICW And BuildXpo 2025 Attracts Nearly 16,000 Visitors, Generates RM1.41 Bln In Potential Sales

KUALA LUMPUR, Nov 27 (Bernama) -- The International Construction Week (ICW) and the Malaysia International Building and Construction Industry Showcase (BuildXpo) 2025 attracted a total of 15,987 industry professionals and trade visitors over three days.

Corporate Reporting Should Be Seen As Strategic Tool Rather Than Compliance Burden - Amir Hamzah

KUALA LUMPUR, Nov 27 (Bernama) — Companies should view corporate reporting as a strategic tool rather than a compliance burden amid the global economy's transition towards green and digital paradigms.

Cheng & Co Expands Mid-shore Wealth Management Presence With Alpadis Trust Labuan Acquisition

By Jailani Hasan

LABUAN, Nov 27 (Bernama) -- Cheng & Co Group has strengthened its regional wealth management capabilities with the acquisition of Alpadis Trust (Labuan) Limited, now officially renamed Indah International Trust Limited.

Labuan FSA DG: Info Sharing, Innovation Vital To Combat Money Laundering

LABUAN, Nov 27 (Bernama) -- Information sharing, innovation, and technology-driven compliance are the pillars of a robust anti-money laundering (AML) regime and for Labuan International Business and Financial Centre (IBFC) to be a trusted financial market, said Labuan Financial Services Authority (Labuan FSA) director-general Affendi Rashdi.

BMI: Malaysia’s 5G Adoption Set To Accelerate As U Mobile Secures RM4.3 Bln Funding

KUALA LUMPUR, Nov 27 (Bernama) -- U Mobile Sdn Bhd’s newly secured RM4.3 billion syndicated financing will help the operator accelerate 5G deployment and strengthen its position in Malaysia’s competitive market.

Business Urged To Accelerate AI Adoption Ahead Of 2030 Target

PETALING JAYA, Nov 25 (Bernama) -- The government is urging industries to fast-track their shift to artificial intelligence (AI)-driven business models, stressing that the next five years will be critical as the nation moves towards its 2030 goal.

AM Best Affirms NongHyup P&C Ratings; Outlook Stable

KUALA LUMPUR, Nov 24 (Bernama) -- AM Best has affirmed South Korea’s NongHyup Property and Casualty Insurance Company Limited (NH P&C) financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent), with a stable outlook.