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BNM Urged To Cap Health Insurance, Takaful Premium Hike At 10 Pct Amid Rising Health Inflation

KUALA LUMPUR, Dec 19 (Bernama) -- Bank Negara Malaysia (BNM) has been urged to limit the increase in health insurance and takaful premiums to no more than 10 per cent as an interim measure, in line with the country’s health inflation rate.

Labuan IBFC Prepares For FATF Evaluation With Key Legislative Reforms 

LABUAN, Dec 19 (Bernama) -- The passing of four bills under the Ministry of Finance aimed at regulating business activities in the Labuan International Business and Financial Centre (Labuan IBFC) is set to strengthen Malaysia’s standing ahead of the fourth Financial Action Task Force (FATF) evaluation in February 2025.

Buoyant Year For Port Operators, Shipping Industry But Challenges Persist

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 18 (Bernama) -- It has been a strong year for ports in Malaysia as operators pushed ahead with capital-intensive infrastructure upgrading works and rode on the wave of e-commerce growth as well as rising global trade to maintain their competitiveness.

Labuan Attracts Interest From 32 Investors Across Key Sectors, Says Dr Zaliha

LABUAN, Dec 19 (Bernama) -- Minister in the Prime Minister’s Department Dr Zaliha Mustafa said that at least 32 investors, foreign and local from diverse industrial sectors have expressed keen interest in investing in this duty-free island.

Xindeco IoT Inaugurates RFID Manufacturing Plant In Nilai

KUALA LUMPUR, Dec 19 (Bernama) -- Xindeco IoT Malaysia Sdn Bhd has inaugurated its cutting-edge radio frequency identification (RFID) manufacturing facility in Nilai, Negeri Sembilan, which stands as the largest RFID production hub in Southeast Asia.

Bursa Malaysia Opens Lower On Wall Street's Decline

KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia opened lower today, taking a cue from Wall Street’s overnight declines, said an analyst. 

Matrade, DMID Collaborate To Boost Export Promotion

KUALA LUMPUR, Dec 18 (Bernama) – The Malaysia External Trade Development Corporation (MATRADE) and Dunia Melayu Dunia Islam (DMDI) have signed a memorandum of understanding (MoU) to bolster trade and export promotion cooperation.

SiMa.ai Teams Up With Synopsys To Accelerate AI-Driven Automotive Solutions

KUALA LUMPUR, Dec 18 (Bernama) -- SiMa.ai has collaborated with Synopsys to jointly deliver a new solution for automotive companies to accelerate the development of workload-specific silicon and software needed to power artificial intelligence (AI)-enabled features in next-generation automobiles.

MATRADE Aims To Help Kelantan Entrepreneurs Penetrate Global Market

KOTA BHARU, Dec 18 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) aims to help more high-value products from Kelantan-based entrepreneurs reach global markets.

New Audit Exemption Criteria For Private Companies To Take Effect On Jan 1, 2025 - SSM

KUALA LUMPUR, Dec 18 (Bernama) -- The new criteria for the exemption of financial statement audits for private companies will take effect on Jan 1, 2025.

China's Palm Oil Players Invited To Explore Opportunities In Malaysia

KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia is inviting China's palm oil companies to explore opportunities in the domestic industry.

MICCI Launches 'e-commerce Chapter' To Boost Malaysia’s Digital Economy

KUALA LUMPUR, Dec 18 (Bernama) -- The Malaysian International Chamber of Commerce and Industry (MICCI) has introduced the “E-Commerce Chapter” to enhance collaboration between key players in the e-commerce industry and regulatory bodies.