KUALA LUMPUR, Nov 28 (Bernama) -- Abu Dhabi’s Modon Holding (Modon) has expanded its global luxury lifestyle portfolio through a strategic investment in United States (US)-based Wellington Lifestyle Partners (WLP).
KUALA LUMPUR, Nov 28 (Bernama) -- ORA Developers, a global leader in visionary real estate and lifestyle destinations, will make its debut at the Luxury Property Showcase (LPS) in Shanghai from Dec 5 to 7.
KUALA LUMPUR, Nov 27 (Bernama) -- From the establishment of the Asset Recovery Trust Account (AA MKA) in December 2018 until Sept 30, 2025, the government has recovered RM31.2 billion (including proceeds and foreign exchange adjustments) related to 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd (SRC), said the Ministry of Finance (MOF).
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.
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.
KUALA LUMPUR, Nov 26 (Bernama) -- UEM Edgenta Bhd posted a net loss of RM94.12 million for the third quarter (3Q) ended Sept 30, 2025, compared with a net profit of RM10.23 million a year earlier, due to significant one-off, non-cash impairments of goodwill, non-current assets, and long-outstanding receivables.
KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia recorded a 48 per cent growth in Islamic banking market share between 2000 and 2024, placing the country second only to Saudi Arabia globally, according to a report by Standard Chartered (StanChart).
NAIROBI (Kenya), Nov 25 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s visit to three African countries in a continent which is increasingly being described as “young and fast” for its vibrant demographics and rising potential is a testament to Putrajaya’s commitment to strengthening ties with the Global South and positioning Malaysia strategically as a trusted partner in an increasingly multipolar world.
From Saraswathi Muniappan
NAIROBI, Nov 24 (Bernama) — Yinson Holdings Bhd is looking for more business opportunities in Africa, after having operated in the region for more than three decades, said its chief executive officer Lim Chern Yuan.
KUCHING, Nov 24 (Bernama) -- Sarawak Premier Tan Sri Abang Johari Tun Openg today unveiled a RM12.9 billion Budget for 2026, comprising RM7.3 billion for development expenditure and RM5.6 billion for operating expenditure.
KUALA LUMPUR, Nov 24 (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) for South Korea’s Meritz Fire & Marine Insurance Co Ltd (Meritz), with a stable outlook.
By Siti Radziah Hamzah
KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia is expected to trade within a narrow range with a downside bias next week amid heightened volatility in global markets, said an analyst.
