Anwar: Sapura Energy’s Rescue Plan Excludes Former Shareholders

PUTRAJAYA, March 13 (Bernama) -- The Federal Government’s RM1.1 billion capital injection into Sapura Energy Bhd (SEB) did not benefit shareholders or SEB’s management, Prime Minister Datuk Seri Anwar Ibrahim said.

Anwar: Sapura Energy's Capital Injection Provides No Benefit to Shareholders or Management

PUTRAJAYA, March 13 (Bernama) -- The Federal Government’s RM1.1 billion capital injection into Sapura Energy Bhd (SEB) did not benefit shareholders or SEB’s management, Prime Minister Datuk Seri Anwar Ibrahim said.  

Maintenance Fees: The Hard Truth - JMBs And MCs Lack Expertise, Residents Neglect Responsibility

By Abdul Hamid A Rahman

This is the conclusion of a three-part series on maintenance fee collection in strata properties. It examines enforcement challenges under the Strata Management Act 2013 (Act 757), the role of JMBs and MCs and the responsibilities of owners and tenants. 

Venturetech Invests In Pomen To Drive Digital Transformation For Fleet Maintenance, Workforce Management

PUTRAJAYA, March 12 (Bernama) -- VentureTech Sdn Bhd has announced a strategic investment in Pomen Autodata Sdn Bhd to drive digital transformation for fleet maintenance and workforce management. 

Maintenance Fees: A Snowball That Can Trigger An Avalanche

KUALA LUMPUR, March 12 (Bernama) -- The issue of unpaid maintenance fees is a snowballing crisis, that, if unaddressed, can escalate into a major threat to property value and living conditions.

Tengku Zafrul Highlights Need For Continued ASEAN-UK Engagement To Boost Business Opportunities

KUALA LUMPUR, March 11 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has emphasised the importance of continuous engagement between ASEAN and the United Kingdom (UK) in expanding business opportunities and deepening the strong economic ties that have been built.

Malaysian BNPL Transactions Surge To RM7.1 Bln In 2H 2024 

KUALA LUMPUR, March 11 (Bernama) -- Local consumer 'buy now, pay later' (BNPL) transactions surged in the second half (2H) of 2024, reaching RM7.1 billion, up from RM4.9 billion in the first half, said Finance Minister II, Datuk Seri Amir Hamzah Azizan.

Malaysia’s Direct Selling Industry Hits RM34.4 Bln, Leads In Market Penetration – Fuziah

PUTRAJAYA, March 10 (Bernama) -- Malaysia’s direct selling industry grew 7.4 per cent to RM34.4 billion in 2024 from RM32.04 billion the previous year, said Domestic Trade and Cost of Living (KPDN) Deputy Minister Fuziah Salleh.

Insurance Associations Forward Proposals For Healthcare, Insurance Sustainability

KUALA LUMPUR, March 7 (Bernama) -- The Life Insurance Association of Malaysia (LIAM), the Malaysian Takaful Association (MTA), and the Persatuan Insurans Am Malaysia (PIAM) have jointly proposed key recommendations to the Public Accounts Committee (PAC) to enhance affordability, transparency and sustainability in Malaysia’s healthcare and insurance sectors.

H2O.ai Launches First Model Risk Management Framework For GenAI In Regulated Industries

KUALA LUMPUR, March 7 (Bernama) -- Leader in open-source generative artificial intelligence (GenAI), H2O.ai, has unveiled the industry's first Model Risk Management (MRM) framework for GenAI.

EBC Financial Group Kicks Off 2025 Million Dollar Trading Challenge

KUALA LUMPUR, March 7 (Bernama) -- EBC Financial Group (EBC), a financial brokerage leader, has announced the return of its flagship Million Dollar Trading Challenge (MDTC) for its second edition.

Malaysia's Air Travel Takes Off, Records 9.2 Mln Passengers In January 2025 -- MAVCOM

KUALA LUMPUR, March 6 (Bernama) -- Malaysia’s air passenger traffic reached 9.2 million in January 2025, marking a 28.2 per cent surge from January 2024, said the Malaysian Aviation Commission (MAVCOM).