IILM Reissues US$1.14 Bln Short-term Sukuk

KUALA LUMPUR, Oct 1 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of an aggregate US$1.14 billion (US$1=RM4.1530) short-term sukuk across tenors of one, three, and 12 months, respectively.

Govt’s Strong Narrative Positions Ringgit As World's Best-performing Currency - Rafizi

SHAH ALAM, Oct 1 (Bernama) – Adopting the right narrative and the courage to make some tough decisions has contributed to the ringgit’s rise to become the world's best-performing currency against the US dollar.

MITI Commits To Sustainable Markets And Net-zero Pathway

KUALA LUMPUR, Oct 1 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will ensure industry access to sustainable markets, while improving resource efficiency, strengthening governance and supporting the country's net-zero target.

National Cloud Policy Forthcoming, To Focus On Four Key Areas -- PM Anwar

KUALA LUMPUR, Oct 1 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said that the National Cloud policy will be forthcoming, emphasising on the four core areas of public service innovation and efficiency; economic competitiveness and growth; fuelling economic expansion by enabling businesses, strengthening user trust and data security; and empowering citizens through digital inclusivity.

Softer Economy, Rate Cuts To Boost Preferred Securities In Utilities, Regional Banks - Manulife

KUALA LUMPUR, Oct 1 (Bernama) -- A softer economic downturn and interest rate cuts could create favourable conditions for investing in preferred securities, particularly in electric utilities and regional banks, according to Manulife Investment Management (M) Bhd.

Maritime Industry Seeks Budget 2025 Incentives For Growth And Decarbonisation

KUALA LUMPUR, Oct 1 (Bernama) -- Key players in the maritime industry are calling for Budget 2025 incentives to stimulate growth and advance the green development agenda, specifically through support for low-emission vessel acquisition, green port investments and infrastructure expansion.

TM Signs Agreement With Radian Arc To Boost Cloud Gaming, Computing Infrastructure

SEOUL, Sept 30 (Bernama) -- TM Malaysia Bhd (TM) continues to fulfil the demands of the gaming industry by strengthening its cloud gaming and edge computing infrastructure with the signing of a services agreement with Australia-based Radian Arc today.

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). 

Budget 2025: Green Bonds, Tax Rebates Will Help Telecommunication Companies To Move Into Renewable Energy

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Sept 30 (Bernama) -- Introducing competitive green bonds, tax breaks or rebates in the upcoming Budget 2025 may encourage companies, including telecommunication companies, to transition into renewable energy (RE) in their operations.

AirAsia Pushes For A More Liberalised Air Travel Landscape In ASEAN

KUALA LUMPUR, Sept 30 (Bernama) -- Despite a thriving operation in major ASEAN countries, AirAsia’s persistent difficulty in obtaining an operating licence in Singapore highlights a key challenge in the aviation sector—the conflict between national protectionism and the need for open competition.

LTAT's Reinvestment Strategy To Unlock Growth, Support Retirement Commitments – Economist

KUALA LUMPUR, Sept 28 (Bernama) — The sale and purchase agreement (SPA) signed by the Armed Forces Fund Board (LTAT) is set to align with its long-term reinvestment strategy, focusing on enhancing returns and ensuring sustainable financial growth, said economist Prof Dr Geoffrey Williams.

Malaysia Committed To Realising ASEAN Power Grid Initiative Next Year - Fadillah

VIENTIANE (LAOS), Sept 28 (Bernama) -- As the host of the ASEAN Summit 2025, Malaysia is committed to ensuring that the ASEAN Power Grid (APG) strategic initiative can be finalised by next year for the benefit of the region.