1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- The Global South should unite, even in small ways to pursue shared goals, particularly because US President-elect Donald Trump has threatened tariff specifics for BRICS nations.
1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- The Ombudsman for Financial Services (OFS) and Securities Industry Dispute Resolution Centre (SIDREC) are in the final process of merger completion towards the full operation of the Financial Markets Ombudsman Service (FMOS) by 2025, according to Deputy Finance Minister Lim Hui Ying.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- Bank Negara Malaysia (BNM) has required insurers and takaful operators (ITOs) to review their current repricing strategies for more reasonable implementation.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- The government has urged local manufacturing companies to take heed of the final destination of goods exported to foreign countries to avoid being affected by the sanctions imposed by the United States (US) on Russia.
1y ago
ISKANDAR PUTERI, Nov 27 (Bernama) -- Forest City's Special Financial Zone (SFZ) will prioritise two key sectors: banking and financial services, alongside logistics services, global service centres, and transfer services.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is collaborating with the Selangor and Johor state governments to ensure that every district has at least one direct current (DC) fast charger for electric vehicle (EV) use.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- The government has targeted oil palm replanting on 77,000 hectares of land over the next five years (2025–2029) to ensure the palm sector remains sustainable and competitive through the implementation of an oil palm replanting programme, specifically among smallholders.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- The Ministry of Finance (MoF) has emphasised that the targeted rationalisation of diesel subsidies starting in June 2024 is not the main cause of the rise in costs of goods in the manufacturing sector, which led to the decline in the Purchasing Managers’ Index (PMI) in July 2024.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- The Plantation and Commodities Ministry (KPK) is considering several tax incentives to attract investors into Malaysia to build a production hub for sustainable aviation fuel (SAF).
1y ago
KUALA LUMPUR, Nov 25 (Bernama) -- The government does not intend to allow vehicles owned by non-citizens to enjoy the RON95 subsidy, said the Ministry of Economy.
1y ago
KUALA LUMPUR, Nov 25 (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 South Korea’s NongHyup Property and Casualty Insurance Company Limited (NH P&C).
1y ago
KUALA LUMPUR, Nov 25 (Bernama) -- The Bumiputera Economic Transformation Plan 2035 (PuTERA35) introduces substantial improvements over previous initiatives, emphasising inclusive participation from government-linked companies (GLCs), government-linked investment companies (GLICs), and the private sector.