1y ago
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.
1y ago
By Karina Imran
KUALA LUMPUR, Dec 10 (Bernama) -- The Sarawak state government’s acquisition of a major stake in Affin Bank Bhd and Public Bank’s purchase of equity in LPI Capital Bhd, plus banks generally being highly profitable, were the major news items in Malaysia’s banking and financial landscape this year.
1y ago
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.
1y ago
KUALA LUMPUR, Dec 19 (Bernama) -- Kyndryl Inc, a United States-based information technology infrastructure services provider, has opened a new office in Kuala Lumpur, underscoring its commitment to local customers and its efforts to position Malaysia as an ASEAN hub for mainframe modernisation.
1y ago
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.
1y ago
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.
1y ago
KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia opened lower today, taking a cue from Wall Street’s overnight declines, said an analyst.
1y ago
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.
1y ago
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.
1y ago
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.
1y ago
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.
1y ago
KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia is inviting China's palm oil companies to explore opportunities in the domestic industry.