World Bank Group’s IFC, OCI Terrasus team Up To Advance Malaysia’s Semiconductor Push

KUALA LUMPUR, March 30 (Bernama) -- The World Bank Group, via its private-sector arm the International Finance Corporation (IFC), has partnered with OCI TerraSus Sdn Bhd (OCI TRS), a unit of South Korea’s OCI Holdings Company Ltd, to advance Malaysia’s participation in the global semiconductor supply chain and create jobs in the country.

World Governments Summit 2026 To Host Record Global Participation

KUALA LUMPUR, Jan 23 (Bernama) -- The 2026 edition of the World Governments Summit (WGS) is set to host the largest ever international participation in its history, convening several landmark forums that underscore its growing global stature.

Malaysian Banking Sector Accelerates AI Adoption For Smarter, Ethical Compliance

KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia’s banking industry is accelerating the use of artificial intelligence (AI) to strengthen compliance, risk management and fraud detection.

AICB Urges Stronger Cross-border Collaboration To Combat Rising Financial Crime Rates

KUALA LUMPUR, Nov 5 (Bernama) -- Rising financial crime rates underscore the urgent need for closer cross-border and ecosystem-wide collaboration to tackle the growing threat, said the Asian Institute of Chartered Bankers (AICB).

Appian, IFC Launch US$1 Bln Mining Fund For Emerging Markets

KUALA LUMPUR, Oct 21 (Bernama) -- Appian Capital Advisory Limited (Appian), the investment advisor to long-term value-focused private capital funds, has launched a critical minerals, metals and mining fund for emerging markets in partnership with International Finance Corporation (IFC), a member of the World Bank Group.

Bursa Malaysia Opens Higher On Wall Street Gains

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia rose at the open on Tuesday, tracking Wall Street gains after Nvidia Corp announced a partnership with OpenAI and pledged up to US$100 billion in investment.

IFC, Consortium Commit Over US$900 Mln In Financing To Data Centre In Malaysia – World Bank

KUALA LUMPUR, Dec 23 (Bernama) -- The International Finance Corporation (IFC) and a consortium of six international financial institutions have committed more than US$900 million (US$1 = RM4.50) in financing to Yondr Group’s hyperscale data-centre campus in Malaysia, said the World Bank Group.

Labuan’s Tax Regime Supports Eligible Businesses With Many Incentives - Lim

LABUAN, Nov 16 (Bernama) -- The issue of extending three per cent tax benefits to all business sectors in Labuan does not arise, as various incentives are already in place under existing tax laws, said Deputy Finance Minister Lim Hui Ying.

Bursa Malaysia Opens Higher On Wall Street Cues

By Rosemarie Khoo

KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia opened higher today, taking cues from the firmer closing on Wall Street last Friday, analysts said.