LATEST NEWS   PM Anwar, Turkmenistan President Serdar Berdimuhamedov witnessed the signing of a strategic cooperation agreement between Petronas and Turkmenistan authorities-- PMO | At 6 pm, the ringgit eased to 4.1340/1395 versus the US dollar from Thursday's close of 4.1145/1195 | The collaboration opens up space for more strategic engagements in future, including exploring the great potential of Turkmenistan's natural gas sector, which has among the world's largest gas reserves - PMO | Gabungan Kelab Media Malaysia (GKMM) state affiliates receive RM10,000, GKMM receive RM30,000 from Communications Ministry - Fahmi | The achievement comes as Malaysia and Turkmenistan mark 30 years of cooperation in the energy sector, which has been a key pillar of bilateral relations between the two countries -- PMO | 

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Govt Approves RM489.5 Bln In Investments From 2023 To June 2024 - MITI

KUALA LUMPUR, Dec 3 (Bernama) -- The government has approved a total of RM489.5 billion in investments in the manufacturing, services, and primary sectors from 2023 to June 2024, according to Deputy Minister of Investment, Trade and Industry Liew Chin Tong.

Syarikat Takaful Malaysia Keluarga Posts Higher 3Q Net Profit Of RM100.65 Mln

KUALA LUMPUR, Nov 29 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd has posted a higher net profit of RM100.65 million in the third quarter ended Sept 30, 2024 (3Q 2024) compared to RM91.10 million in the same period last year.

Duck Creek, Suncorp Partner To Transform Insurance Operations With Cloud-native Solutions

KUALA LUMPUR, Dec 3 (Bernama) -- Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has entered into a partnership with Suncorp, one of Australia’s and New Zealand’s largest general insurers.

BNM Issues Three Commemorative Coin Designs For Sale Until Dec 9

KUALA LUMPUR, Dec 3 (Bernama) -- Bank Negara Malaysia (BNM) has issued three different commemorative coin designs in conjunction with the 150th anniversary of the Public Works Department (JKR), 50th anniversary of the Rubber Industry Smallholders Development Authority (RISDA), and the 50th anniversary of Malaysia-China Diplomatic Relations (MCDR).

FBM KLCI Futures Higher In Early Trade

KUALA LUMPUR, Dec 3 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives were higher in early trading.

Malaysian Banks To Record Higher Profits In 2025 -- Economist

KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia’s banking sector is projected to continue recording higher profits in 2025, supported by steady loan growth, a stable interest rate environment, and non-interest income, said an economist. 

Bursa Malaysia Opens Higher, Tracking Upbeat Wall Street

KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia moved higher in early trade today, tracking the upbeat performance on Wall Street overnight.

AWS Announces Malay-language Gen-AI LLM, MaLLaM, On Its Cloud Services

LAS VEGAS, Dec 2 (Bernama) -- Amazon Web Services (AWS) today announced that Mesolitica, a Malaysian startup specialising in training large language models (LLMs), has built a Malay-language generative artificial intelligence (gen-AI) LLM called MaLLaM on its cloud services.

Ringgit Marginally Lower Against US Dollar In Early Trade

KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit was slightly lower against the US dollar in early trade on Tuesday amid cautious sentiment in the global currency market, said an analyst.  

Takaful Ikhlas General Wins Team Of The Year Award

KUALA LUMPUR, Dec 2 (Bernama) -- Takaful Ikhlas General Bhd, a wholly owned subsidiary of MNRB Holdings Bhd (MNRB), has been named Team of the Year (General Insurance and Takaful) at the Malaysia Management Excellence Awards 2024.

MTA Marks 40 Years Of Takaful, Hosts TLAS 2024

SEPANG, Dec 2 (Bernama) -- The Malaysian Takaful Association (MTA) hosted the Takaful Leaders and Agents Summit 2024 (TLAS 2024), reaffirming Takaful's critical role in Malaysia’s financial sector.

RM10.78 Bln Withdrawn From EPF Account 3 As At Sept 30 - MoF

KUALA LUMPUR, Dec 2 (Bernama) -- A total of RM10.78 billion has been withdrawn from the Employees Provident Fund (EPF) Account 3 (Flexible Account) by members below 55, stated the Ministry of Finance (MoF).