LATEST NEWS   Mandatory EPF contributions for foreign workers, at two per cent each for workers and employers - Steven Sim | SPB Development Bhd has secured SC approval for a listing on Main Market of Bursa Malaysia in 2Q this year | Chambers of commerce in the country should work as one team to enhance Malaysia's progress – PM Anwar | The govt has opted for a 2 pct EPF contribution rate for foreign workers instead of the originally proposed 12 pct -- PM Anwar | King's address: MADANI Gov't will ensure economic resources are distributed for national development, benefiting all levels of society – PM Anwar | 

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Government To Study Impact Of DeepSeek AI Platform On Malaysia - Gobind Singh

SHAH ALAM, Feb 2 (Bernama) -- The government is studying the impact of China’s open-source artificial intelligence (AI) platform DeepSeek on Malaysia, said Digital Minister Gobind Singh Deo.

Weststar-GAP Aviation Bags RM176 Mln Helicopter Transportation Contract In Timor-Leste

KUALA LUMPUR, Jan 31 (Bernama) -- Weststar-GAP Aviation LDA, a joint venture between Timor GAP-Timor Gas Petroleo, EP, and Weststar Aviation Timor, Unipessoal, LDA, has secured a helicopter transportation services contract with an Australian energy company Santos NA (19-12) Pty Ltd worth US$40 million or RM175.6 million.

BNM Imposes Penalties Totalling RM1.66 Mln On Four Financial Institutions

KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) totalling RM1.66 million on four financial institutions for non-compliance with the Financial Services Act 2013 (FSA) and/or Islamic Financial Services Act 2013 (IFSA).

SoftSmile, ClearCorrect, Straumann Settle Legal Disputes 

KUALA LUMPUR, Jan 27 (Bernama) -- SoftSmile Inc, ClearCorrect Operating LLC, and Institut Straumann AG have reached an amicable settlement, resolving all ongoing litigation and legal disputes between the companies.

Bursa Malaysia's FY2024 Net Profit Increases To RM310.12 Mln

KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia Bhd’s net profit jumped 22.9 per cent to RM310.12 million in the financial year ended Dec 31, 2024 (FY2024) from RM252.38 million in the previous year, boosted by robust securities and derivatives markets as well as data business performance.

Petronas Transfers Kebabangan Cluster PSC Sole Operatorship To ConocoPhillips

KUALA LUMPUR, Jan 24 (Bernama) -- Petronas has transferred the operatorship of the Kebabangan Cluster Production Sharing Contract (KBBC PSC) to ConocoPhillips Sabah Gas Ltd, a subsidiary of the global energy company ConocoPhillips.

Truecaller To Deliver Real-time Caller ID, Spam Blocking On iPhone

KUALA LUMPUR, Jan 22 (Bernama) -- Truecaller, the global communications platform, has announced the biggest update for iPhone, now offering the entire spam and scam blocking capabilities to users.

12 New Airlines, 16 Resumptions And 24 New Destinations Boost Airports Connectivity In 2024 - MAHB

KUALA LUMPUR, Jan 21 (Bernama) -- Malaysia experienced significant aviation growth in 2024, marked by an additional 12 new airlines, 16 resumptions and 24 new destinations, according to Malaysia Airports Holdings Bhd.

Salary Hike A Boon For Retail, Travel Sectors

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Jan 20 (Bernama) -- The government's move to raise the salaries of civil servants and the minimum wage is set to positively impact the retail and travel sectors, which rely heavily on consumer spending.

Business Interruption Remains Top Concern For Business Risks In Malaysia In 2025 - Allianz

KUALA LUMPUR, Jan 16 (Bernama) -- Business interruption remains the top concern for business risks in Malaysia this year, alongside fire and explosion, as well as changes in legislation and regulation, according to the Allianz Risk Barometer 2025 report.

Sarawak Oil Palms Eyes RM1.5 Mln Revenue With AvantHealth Product's Debut In China

KUALA LUMPUR, Jan 16 (Bernama) -- Sarawak Oil Palms Bhd is targeting revenue of RMB 2.4 million (RM1.5 million) as its flagship product, AvantHealth Avtriee Tocotrienols, makes its debut in the Chinese market.

Business Sentiment Among Japanese Companies In Malaysia Continues To Improve: Jetro

KUALA LUMPUR, Jan 16 (Bernama) -- Business sentiment among Japanese companies in Malaysia has improved for the fourth consecutive year, even as competition intensifies, according to the Financial Year 2024 Survey by the Japan External Trade Organisation Kuala Lumpur (Jetro).