National Audit Department To Audit 2,000 GLCs Next Year

KUALA LUMPUR, Sept 30 (Bernama) -- The National Audit Department (NAD) will be auditing 2,000 government-linked companies (GLCs) beginning next year in an effort to create a new era of enhanced governance in Malaysia, said Auditor-General Datuk Wan Suraya Wan Mohd Radzi.

Nikkiso CE&IG Receives Ammonia Fuel Supply System Approval From ABS

KUALA LUMPUR, Sept 30 (Bernama) -- Nikkiso Clean Energy & Industrial Gases (CE&IG), part of Nikkiso Co Ltd Industrial Division has received approval in principle (AIP) from ABS for a new ammonia fuel supply system (FSS).

BUSINESSNEXT-MongoDB Collaboration Powering Autonomous Operations In Financial Services

KUALA LUMPUR, Sept 30 (Bernama) -- BUSINESSNEXT, a global leader in composable enterprise solutions for financial services, has partnered with New York-based MongoDB to accelerate autonomous operations powered with specialised predictive and generative artificial intelligence (Gen AI) for banking and insurance.

Malaysia-designed Thada EV Motorcycles Rev Up Market Momentum in Cambodia

From Vijian Paramasivam

PHNOM PENH, Sept 30 (Bernama) --  Malaysia-owned MCLS Synergy Co. Ltd is aspiring to expand its share in Cambodia's growing green transportation system with its Thada brand electric motorcycles.

Yinson's 2Q FY2025 Net Profit Falls To RM203 Mln

KUALA LUMPUR, Sept 30 (Bernama) -- Yinson Holdings Bhd posted a lower net profit of RM203 million during the second quarter (2Q) ended July 31, 2024 (FY 2025), compared with RM230 million in the same quarter last year.

MAVCOM Reports 32 Pct Drop In Complaints For 1H2024

KUALA LUMPUR, Sept 30 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) received 2,083 complaints in the first half of 2024 (1H2024), a 32 per cent decrease from 3,063 complaints in the same period last year.

Global Internal Audit Standards Adoption Set To Strengthen Malaysia’s Competitive Edge

KUALA LUMPUR, Sept 30 (Bernama) -- The adoption of the refreshed Global Internal Audit Standards, set to take effect on Jan 9, 2025, is poised to bolster Malaysia’s competitiveness, according to the Institute of Internal Auditors Malaysia (IIA Malaysia). 

Bursa Malaysia Ends Morning Session Lower

By Zarul Effendi Razali

KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia ended the morning session lower today, in line with the weaker performance in the regional markets due to the geopolitical concerns in the Middle East, said an analyst.

Petronas Secures Third O&G Concession In Abu Dhabi 

KUALA LUMPUR, Sept 27 (Bernama) -- Petroliam Nasional Bhd's (Petronas) wholly owned unit, Petronas Abu Dhabi Sdn Bhd, has been granted a new oil and gas exploration concession in Onshore Block 2 by the Supreme Council for Financial and Economic Affairs (SCFEA).

Govt Pledges To Elevate Governance With Digitalisation, Risk-based Auditing Initiatives -- Lim Hui Ying

KUALA LUMPUR, Sept 30 (Bernama) -- The government is committed to raising the bar for governance standards with the National Audit Department embarking on transformative projects that underscore the importance of digitalisation, risk-based auditing, and collaborative governance.

ASM 3 Declares RM837.89 Mln Income Distribution For FY2024

KUALA LUMPUR, Sept 30 (Bernama) -- Amanah Saham Nasional Bhd (ASNB) has declared a total income distribution of RM837.89 million for Amanah Saham Malaysia 3 (ASM 3), benefitting 650,487 unitholders who currently own 17.64 billion units for the financial year ended Sept 30, 2024 (FY2024).

Govt Steps Up Efforts To Eradicate Hardcore Poverty In Line With Economic Growth - Rafizi

PUTRAJAYA, Sept 30 (Bernama) – The government is committed to intensifying efforts to eradicate hardcore poverty in line with the nation’s healthy economic performance, said Economy Minister Rafizi Ramli.