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Labuan FSA Strengthens Banking Capital Framework

By Jailani Hasan

LABUAN, Feb 24 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) has reinforced its commitment to international banking standards by aligning its capital framework with the Basel III regulatory regime, further strengthening the resilience and credibility of the Labuan International Business and Financial Centre (Labuan IBFC).

MITI'S R&D&C&I Expenditure At RM335 Mln, Grant's Remaining RM55.64 Mln For Project Commitments

KUALA LUMPUR, Feb 24 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has spent a total of RM335 million or 89.6 per cent of the RM374 million allocated for research and development & commercialisation and innovation (R&D&C&I) programmes as of June 30, 2025.

MOF Will Dissolve Dormant MKD Companies After Financial Obligations Resolved -- Liew Chin Tong

KUALA LUMPUR, Feb 24 (Bernama) -- The Ministry of Finance (MoF) will dissolve dormant Minister of Finance (Incorporated) (MKD) companies after the companies resolve issues related to financial obligations, said Deputy Finance Minister Liew Chin Tong.

Tropicana, Signature, EDCA Energy In Tie-up To Enhance Sustainable Home Ownership

PETALING JAYA, Feb 24 (Bernama) -- Tropicana Corporation Bhd inked a strategic partnership with Signature Distribution Sdn Bhd and EDCA Sdn Bhd (EDCA Energy) to advance sustainable practices and green building excellence and enhance home ownership experience at Avisa Residences.

Bursa Malaysia Reclassifies Investor Segments To Clarify Trading Participation

KUALA LUMPUR, Feb 24 (Bernama) -- Bursa Malaysia Bhd is enhancing investor segment data to provide greater granularity on trading participation across the market.

Sarawak Bolsters Global Engagement, Advances Sustainable Innovation Push At MWC Barcelona 2026

KUALA LUMPUR, Feb 24 (Bernama) -- Sarawak is strengthening its global engagement at the Mobile World Congress (MWC) Barcelona 2026 to position the state as a forward-looking, investment-ready economy.

AG Report: 24 Subsidiaries of Five Federal Agencies Record Losses For Three Consecutive Years

KUALA LUMPUR, Feb 23 (Bernama) --  A total of 24 out of 42 subsidiary companies under five federal agencies recorded losses for three consecutive years from 2022 to 2024, according to the Auditor-General’s Report 1/2026 released today.

Various Measures To Improve Revenue Are Being Implemented -- MOF

KUALA LUMPUR, Feb 23 (Bernama) -- The government has and is implementing various revenue strengthening measures including revising tax rates, broadening the revenue base, improving tax administration and reducing revenue leakage through digitalisation initiatives, according to the Ministry of Finance (MoF).

Battersea Power Station Appoints Studio Egret West For Final Phase Of Masterplan

KUALA LUMPUR, Feb 23 (Bernama) -- Battersea Power Station has appointed master planner and strategic urban design practice, Studio Egret West, to evolve the original Rafael Viñoly masterplan for the remaining 6.47 hectares (16 acres) of the 16.99-hectare (42-acre) riverside neighbourhood.

EPIC OG, Begas Energy Ink Deal For Sabah Terminal Project

KOTA KINABALU, Feb 23 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC), a company linked to the Terengganu government, has established a strategic partnership with Begas Energy Sdn Bhd, based in Sabah, through its subsidiary, EPIC OG Sdn Bhd.

APAC Companies Recognised In Best Places To Work Certification 2025

KUALA LUMPUR, Feb 23 (Bernama) -- The Best Places to Work Certification Program has recognised 15 companies across the Asia-Pacific (APAC) region for their workplace cultures, strong employee engagement, and innovative human resources (HR) practices.

OMV Tax On local CKD Vehicles Will Not Burden B40, M40 -- Sim

KUALA LUMPUR, Feb 23 (Bernama) -- The full implementation of the open market value (OMV) tax structure for locally assembled Completely Knocked Down (CKD) vehicles will not burden the B40 and M40 income groups, Deputy Investment, Trade and Industry Minister Sim Tze Tzin said today.