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Islamic Finance set to revitalise the economy with three core principles - BNM

KUALA LUMPUR, Nov 5 (Bernama) -- Islamic finance holds substantial potential to revitalise the economy through three core principles—Maqasid Shariah, innovation, and global integration, said Bank Negara Malaysia (BNM).

OIC Member States Must Foster Collaboration On Financial Ecosystems, Strengthen Digital Payment - Fahmi

From Kisho Kumari Sucedaram

ISTANBUL, Nov 4 (Bernama) -- The Organisation of Islamic Cooperation (OIC) member states must prioritise the sharing of best practices and foster robust collaboration among Islamic nations to develop modern, efficient and inclusive financial ecosystems, effectively phasing out outdated traditional methods.

Xsolla, Long Tale Games Team Up For Charity Campaign 

KUALA LUMPUR, Nov 4 (Bernama) -- Xsolla, a global video game commerce company, has partnered with Long Tale Games to launch a charity campaign, where 50 per cent of the proceeds from the three-month subscription package to Life is Feudal will be donated to Games For Change.

Integrating Biomethane Into Labuan’s O&G Sector Can Help Malaysia Achieve ESG Goals

LABUAN, Oct 3 (Bernama) -- Bioethanol is emerging as a promising alternative fuel in Malaysia’s oil and gas (O&G) sector, underscoring the nation’s commitment to environmental sustainability.

KWAP Appoints Nazaiful Affendi As Chief Strategy And Services Officer

KUALA LUMPUR, Nov 2 (Bernama) -- Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has appointed Nazaiful Affendi Zainal Abidin as the chief strategy and services officer (CSSO) effective Nov 1, 2024.

Axiata Group's Hans Wijayasuriya To step Down And Become Chief Advisor To Sri Lankan President

KUALA LUMPUR, Nov 1 (Bernama) -- Axiata Group Bhd (Axiata) chief executive officer of telecommunications business and group executive director Dr Hans Wijayasuriya will step down from the company on Jan 15, 2025, having accepted an invitation to be the chief advisor to the Sri Lankan President on digital economy.

IPG For Smallholders Not Activated In October -- MRB

KUALA LUMPUR, Nov 1 (Bernama) -- The Malaysian Rubber Board (MRB) has announced that the Rubber Production Incentive (IPG) for cup lump and latex has not been activated for October 2024 in Peninsular Malaysia, Sabah dan Sarawak.

Swedish Firms Supporting Malaysia’s Green Transition With Sustainable Investments

By Kisho Kumari Sucedaram & Mikhail Raj Abdullah

KUALA LUMPUR, Oct 31 (Bernama) – Top Swedish firms that have been investing in Malaysia’s industrial development since the nation achieved its independence are lending their expertise in the country’s green economy transition by focusing on the sustainability agenda.

More Than 90 Pct Of Independent Smallholders To Be MSPO-certified End-2025 -- MPOB

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 31 (Bernama) -- The Malaysian Palm Oil Board (MPOB) is targeting more than 90 per cent of independent smallholders (ISH) to achieve Malaysian Sustainable Palm Oil (MSPO) certification by the end of next year.

Petros To Allocate RM40 Bln For Capex Over The Next Five Years -- Chairman

KUCHING, Oct 31 (Bernama) -- Petros, the Sarawak government-owned oil and gas company, is allocating about RM40 billion over the next five years for its capital expenditure (capex), according to its chairman, Tan Sri Hamid Bugo.

Johor Stands To Gain US$190 Mln Potential Investments From South Korean Firms

JOHOR BAHRU, Oct 30 (Bernama) -- The Johor government has held meetings with several renowned South Korean companies, which can potentially bring strategic investments valued at US$190 million (US$1=RM4.38) into the state.

Bursa Malaysia 3Q Net Profit Rises 42 Pct To RM85.7 Mln

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia Bhd's net profit for the third quarter (3Q) ended Sept 30, 2024, increased by 41.9 per cent to RM85.74 million from RM60.41 million in the same period last year.