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Malaysia Proposes Setting Up ASEAN Halal Council To Boost Regional Halal Industry

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 29 (Bernama) -- Malaysia proposes establishing the ASEAN Halal Council to strengthen strategic cooperation in the regional halal industry, and this proposal will be submitted to the ASEAN Secretariat for official finalisation.

Southern Steel To Sell 55 Pct Stake In Subsidiary To BRC Asia For RM61.05 Mln

KUALA LUMPUR, April 22 (Bernama) --  Southern Steel Bhd (SSB) has agreed to sell a 55 per cent stake in wholly owned subsidiary Southern Steel Mesh Sdn Bhd (SSM) to Singapore-based BRC Asia Ltd for RM61.05 million cash in a related party transaction.

Sustainability Report: LyondellBasell Showcases Progress In Circular Economy, Climate Action

KUALA LUMPUR, April 16 (Bernama) -- LyondellBasell, a global leader in the chemical industry, has demonstrated progress in circular and low-carbon solutions, climate action and operational excellence with the release of its 2024 Sustainability Report.

FACT 2025: Malaysia Drives Trade Growth With Harmonised Commodity Standards

PUTRAJAYA, April 14 (Bernama) -- As the powerhouse in the global commodities market, with palm oil, rubber, timber, cocoa and pepper driving its economy, Malaysia is focused on streamlining trade to foster trust between trading partners to strengthen trade and market development.

AACSB 2025 Report Highlights Emerging Trends Transforming Business Education 

KUALA LUMPUR, April 7 (Bernama) -- AACSB International has released its 2025 State of Business Education Report, highlighting key transformation areas shaping business education globally.

WEF Highlights Malaysia’s EPF As Model For Sustainable Retirement Reform

KUALA LUMPUR, March 29 (Bernama) -- Malaysia’s approach to retirement system reform by the Employees Provident Fund (EPF) has been cited by the World Economic Forum (WEF) as a model for building long-term retirement systems in an emerging economy.  

LTAT To Reduce Strategic Asset Holdings To 35 Pct Under Project Earth

KUALA LUMPUR, March 27 (Bernama) -- The Armed Forces Fund Board (LTAT) plans to reduce its strategic asset holdings from 56 per cent to 35 per cent under ‘Project Earth’ over the next three years to lower exposure while retaining control.

SMART Modular Technologies Unveils Non-Volatile CXL Memory Module

KUALA LUMPUR, March 26 (Bernama) -- SMART Modular Technologies Inc (SMART), a global leader in integrated memory solutions, solid-state drives, and hybrid storage products, has announced the sampling of its redefined Non-Volatile CXL Memory Module (NV-CMM) to Tier 1 OEMs based on the CXL 2.0 standard.

Velesto Proposes RM1.2 Bln capital Reduction To Strengthen Finances

KUALA LUMPUR, March 25 (Bernama) -- Velesto Energy Bhd has proposed a capital reduction of RM1.2 billion, which will be credited to the retained earnings or to set off against any accumulated losses of the company.

Madison International Realty Expands To South Korea, Appoints Jun Park As Head 

KUALA LUMPUR, March 25 (Bernama) -- Madison International Realty, a real estate private equity firm, has expanded its footprint in Asia with the appointment of Jun Park as Head of South Korea and the opening of its first office in the country.

Alliance Bank On Right Track Scaling Up Operations

KUALA LUMPUR, March 24 (Bernama) -- Alliance Bank Malaysia Bhd (ABMB) is on the right track to scale up operations following its proposal to undertake a rights issue to raise RM600 million to boost its diminishing common equity tier-1 (CET-1) of 12.4 per cent by +1.1 percentage points (ppts), CIMB Securities Sdn Bhd.

RAM Ratings Maintains Stable Outlook On Malaysian Banking Sector For 2025

KUALA LUMPUR, March 21 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has maintained a stable outlook on the Malaysian banking sector in 2025 despite external pressure.