LATEST NEWS   Malaysia is committed to advance ASEAN’s outward-looking approach built on trust, inclusivity and mutual benefit. - FM Mohamad | Algeria and Uruguay’s accessions to the TAC pave way for deeper cooperation betwen ASEAN and both regions - FM Mohamad | Algeria and Uruguay officially accede to ASEAN’s TAC at 58th AMM in Kuala Lumpur | Bank Negara Malaysia's Monetary Policy Committee has reduced the Overnight Policy Rate by 25 basis points to 2.75 per cent | The ceiling and floor rates of the corridor of the OPR are correspondingly reduced to 3 pct and 2.5 pct, respectively - BNM | 

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Lessons On Insurance To Be Learnt From USJ Putra Heights Gas Pipeline Explosion

KUALA LUMPUR, June 25 (Bernama) -- It’s been about three months since the devastating gas pipeline explosion and fire at USJ Putra Heights. Fortunately, there were no fatalities. It shocked Malaysians. Questions are still being asked as to the compensation for damages to houses, properties, possessions and injuries sustained.

Geopolitical Tensions, Abrupt Airspace Closures Keep Malaysian And Global Airlines On High Alert

KUALA LUMPUR, June 25 (Bernama) -- Malaysia’s aviation sector is on high alert, prioritising safety to avoid a repeat of the downing of Malaysia Airlines flight MH17 more than a decade ago. The heightened caution follows a wave of airspace closures by Arab states after Iran launched a missile strike on a United States (US) base in Qatar.

PAAB Spearheads RM2.4 Bln Water Infrastructure Upgrade, Emphasises Zero-Accident Culture

KUALA LUMPUR, June 24 (Bernama) -- Pengurusan Aset Air Berhad (PAAB) is actively implementing nationwide upgrades to water infrastructure with an allocation of nearly RM2.4 billion to ensure the long-term sustainability and security of the country’s water supply.

Electricity Tariff Restructuring Offers Greater Cost Transparency -- FMM

KUALA LUMPUR, June 24 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) has welcomed the electricity tariff restructuring under the Regulatory Period 4 (RP4), describing it as a rebasing exercise that offers greater cost transparency and encourages demand-side management.

Kota MADANI Project To Begin In 3Q, Costing RM4 Bln

PUTRAJAYA, June 24 (Bernama) -- The phased development of Kota MADANI in Precinct 19, Putrajaya — a government quarters project — is set to begin in the third quarter (3Q) of this year, with an estimated total cost of RM4 billion.

Format, Sample Of Dividend Voucher Now Available On IRB Portal

PUTRAJAYA, June 24 (Bernama) -- The format and sample of a dividend voucher is now available on the official Inland Revenue Board (IRB) portal at www.hasil.gov.my.

Malaysia Unveils Digital System To Track Rubber From Plantations To Product

KUALA LUMPUR, June 24 (Bernama) -- The Malaysian Sustainable Natural Rubber (MSNR) Trace system plays an important role in addressing environmental and social issues in the rubber industry by allowing stakeholders to track natural rubber (NR) transactions, from the plantations right to the end product.

MHIT Policy/Certificate Reinstatement Deadline Extended To Aug 31, 2025 

KUALA LUMPUR, June 24 (Bernama) -- All insurers and takaful operators have agreed to extend the deadline for the reinstatement of medical and health insurance/ takaful (MHIT) policies and certificates without imposing a waiting period to Aug 31, 2025 from June 30, 2025.

Malaysia Can Be Springboard For Pakistan’s Exports To Gain Foothold Into ASEAN -- Business Official

By Rosemarie Khoo Mohd Sani and Mikhail Raj Abdullah

KUALA LUMPUR, June 24 (Bernama) -- Malaysia can serve as a springboard for Pakistani exports to penetrate the broader ASEAN market, a move that will also help Islamabad rectify its persistent trade deficit with Putrajaya.

Palm Oil Players Should Hedge, Diversify Downstream -- Economist

KUALA LUMPUR, June 24 (Bernama) -- Malaysian palm oil producers must intensify hedging efforts and expand downstream to mitigate the risk of sudden price volatility, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

RP4 Tariff Reform Can Spur Behavioural Change, Accelerate Energy Transition — Expert

KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s Regulatory Period 4 (RP4) electricity tariff restructuring can serve as a powerful tool to promote behavioural change and accelerate the country’s low-carbon agenda, if paired with smart technologies, targeted financial incentives, and inclusive support mechanisms, an energy expert said.

3Degrees Secures ISCC EU Certification To Advance Biomethane Solutions In Europe 

KUALA LUMPUR, June 23 (Bernama) -- Global climate solutions provider 3Degrees has strengthened its decarbonisation efforts in Europe by obtaining the ISCC EU certification for its biomethane solutions, enabling the company to offer clients certified biomethane certificates with high levels of assurance and traceability.