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Labuan FSA DG: Info Sharing, Innovation Vital To Combat Money Laundering

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.

FBM KLCI Opens Higher, Tracking Wall Street Rally

By Anas Abu Hassan

KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia’s benchmark index opened higher on Thursday, extending gains amid improved sentiment following a rally on Wall Street and firmer global markets.

UEM Edgenta Posts 3Q Net Loss Of RM94.12 Mln 

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.

Malaysia Attracts US$759 Mln Investments In AI, Supporting Over 60 Start-ups

KUALA LUMPUR, Nov 25 (Bernama) -- Artificial intelligence (AI) has become a bright spot for Malaysia, attracting US$759 million in funding, supporting more than 60 local AI start-up companies from the second half of 2024 (2H 2024) to the first half of 2025, according to the 10th edition e-Conomy SEA Report 2025 by Google, Temasek and Bain & Company.

Bursa Malaysia Reprimands FSBM For Inaccurate Quarterly Results

KUALA LUMPUR, Nov 24 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded FSBM Holdings Bhd for breaching the Main Market Listing Requirements (Main LR) after the company submitted inaccurate financial results for its third and fourth quarters of the financial year ended Dec 31, 2024.

AM Best Affirms Excellent Ratings For Meritz Fire & Marine Insurance

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.

Bursa Malaysia Ends Softer In Sync With Regional Trend

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia ended the week lower, mirroring the weak performance of regional bourses, as an overnight sell-off on Wall Street dampened investor sentiment.

Malaysia, Ethiopia To Tap Into Each Other’s Strengths

From Saraswathi Muniappan

ADDIS ABABA, Nov 20 (Bernama) -- Malaysia and Ethiopia have announced that no stone will be left unturned in tapping into each other’s strengths, especially in trade and investment, bilateral ties, and leveraging multilateral platforms.

Ringgit Rise Reflects Strong Economic Fundamentals, Boosts Investor Confidence

KUALA LUMPUR, Nov 19 (Bernama) -- The recent strengthening of the ringgit versus the US dollar reflects Malaysia’s underlying economic fundamentals and rising investor confidence in the country, said Sunway University economics professor Dr Yeah Kim Leng.

Malaysia Attracts RM285.2 Bln Approved Investments In 9M 2025 -- MIDA

KUALA LUMPUR, Nov 18 (Bernama) -- Malaysia has attracted RM285.2 billion in approved investments from January to September 2025 (9M 2025), a 13.2 per cent year-on-year (y-o-y) increase against the same period in 2024.

Soft And Hardware Needed To Future-ready Energy System -- TNB

KUALA LUMPUR, Nov 17 (Bernama) -- A secure, future-ready energy system is not just about physical infrastructure; intelligence, connectivity and the people who power it are equally important, Tenaga Nasional Bhd’s chief information officer Azlan Ahmad said.

Malaysia Needs Homegrown MNCs In Service, Manufacturing Sectors -- Liew

KUALA LUMPUR, Nov 17 (Bernama) -- Malaysia needs to grow its own multinational companies (MNCs) in the services and manufacturing sectors, said Deputy Investment, Trade and Industry (MITI) Minister Liew Chin Tong.