MoF Appoints Ahmad Hizzad As Labuan FSA Chairman

LABUAN, Nov 13 (Bernama) -- The Ministry of Finance (MoF) has appointed Datuk Ahmad Hizzad Baharuddin as chairman of the Labuan Financial Services Authority (Labuan FSA) for a two-year term from Nov 15, 2025 to Nov 14, 2027.

MIHAS@Shanghai Records RM1.24 Bln In Sales Value From Nov 5-7 -- Ahmad Zahid

From Mohd Hisham Abdul Rafar

SHANGHAI, Nov 7 (Bernama) -- The Malaysia International Halal Showcase in Shanghai (MIHAS@Shanghai), held in conjunction with the eighth China International Import Expo (CIIE), has recorded a total sales of RM1.24 billion since Nov 5. 

Westports, Maybank Islamic Eye China’s Growing Halal Market Worth US$217 Bln

From Amanina Mohamad Yusof

SHANGHAI, Nov 7 (Bernama) -- As Malaysia seeks a stronger role in global halal logistics, major port operator Westports Holdings Bhd is positioning itself to capitalise on China’s rapidly growing halal food and beverage market, projected to reach US$217.10 billion by 2034.(US$1 = RM4.18).

Malaysia Targets RM3 Bln Sales At Mihas@Shanghai - Ahmad Zahid

From Mohd Hisham Abdul Rafar

SHANGHAI, Nov 6 (Bernama) -- Malaysia is setting a higher sales target of RM3 billion for the Malaysia International Halal Showcase (MIHAS)@Shanghai, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

Urgent Action Needed To Address Intensifying Climate Change Effects - Sultan Nazrin

KUALA LUMPUR, Nov 6 (Bernama) -- Scientific and financial resources must be urgently directed towards understanding and addressing the effects of climate change, as extreme weather events are no longer rare but recurring and intensifying, said the Sultan of Perak, Sultan Nazrin Shah.

EXIM Bank Malaysia Extends US$70 Mln Islamic Financing To Berjaya Okinawa

KUALA LUMPUR, Nov 5 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) has extended a US$70 million (US$1=RM4.19) Islamic Overseas Investment Financing facility to Berjaya Land Bhd’s wholly owned subsidiary, Berjaya Okinawa Investment (S) Pte Ltd. 

IILM’s Short-term Sukuk Portfolio Hits New Record High Of US$6.2 Bln

KUALA LUMPUR, Nov 4 (Bernama) -- The International Islamic Liquidity Management Corporation’s (IILM) outstanding short-term Sukuk portfolio has reached a new record level of US$6.2 billion (US$1=RM4.20).

Malaysia-US Trade Deal Does Not Contradict The Federal Constitution - PM Anwar

KUALA LUMPUR, Nov 4 (Bernama) -- The Agreement on Reciprocal Trade (ART) between Malaysia and the United States contains no provisions that contradict the spirit or any articles of the Federal Constitution, Prime Minister Datuk Seri Anwar Ibrahim asserted.

LPPSA Secures RM1 Bln Financing From HSBC Amanah For Civil Servants’ Housing

KUALA LUMPUR, Nov 4 (Bernama) -- Public Sector Home Financing Board (LPPSA) has secured RM1 billion in funding from HSBC Amanah Malaysia Bhd to provide home financing specifically for civil servants.

Short-term Interbank Rates End Steady On BNM Operations

KUALA LUMPUR, Nov 3 (Bernama) -- Short-term interbank rates ended steady today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.

Bumbu Babah Expands Operations To Melaka With 33rd Outlet

MELAKA, Nov 1 (Bernama) -- Modern Nusantara cuisine restaurant brand Bumbu Babah is strengthening its foothold in Malaysia’s food franchise market with the opening of its 33rd outlet on Jalan Hang Tuah,  marking Melaka as its latest strategic location for business expansion.

NZ–Malaysia Halal Collaboration Marks Major Economic Shift — NZMBA President

KUALA LUMPUR, Nov 1 (Bernama) -- New Zealand’s move to explore membership in the soon-to-be-established ASEAN Halal Council marks a significant step towards deeper economic cooperation with Malaysia, said New Zealand Malaysian Business Association (NZMBA) president Dave Ananth.