Malaysia To Sustain Growth At 4-4.5 Pct Next Year Driven By Higher Demand For Semiconductors, AI Applications – MoF

By Mikhail Raj Abdullah, Kisho Kumari Sucedaram and Norsyafawati Ab Wahab

KUALA LUMPUR, Oct 10 (Bernama) – Higher exports of semiconductors and artificial intelligence (AI) edge applications will be among a slew of factors sustaining Malaysia’s economic growth next year at a commendable rate of between 4.0 and 4.5 per cent – against 4.0 to 4.8 per cent this year – despite acute trade challenges, the Ministry of Finance (MoF) said today.

AHB Declares 5.0 Sen Per Unit Income Distribution For FY2025

KUALA LUMPUR, Oct 9 (Bernama) -- Pelaburan Hartanah Bhd (PHB), together with its fund manager, PHB Asset Management Bhd (PHBAM), today announced a final income distribution of 2.10 sen per unit for Amanah Hartanah Bumiputera (AHB) for the six months ended Sept 30, 2025.

PIAM Pins Hopes On Budget 2026 To Expand Perlindungan Tenang Voucher To Motorcycles

By Naveen Prabu Kuppusamy

KUALA LUMPUR, Oct 9 (Bernama) -- The General Insurance Association of Malaysia (PIAM) has proposed that the government extend the Perlindungan Tenang Voucher (PTV) scheme to cover motorcycles under Budget 2026, as part of efforts to improve insurance penetration and road safety.

HIES 2024: Malaysia Achieves Major Milestone With Hardcore Poverty Rate At 0.09 Pct

PUTRAJAYA, Oct 8 (Bernama) -- Malaysia has achieved a major milestone with hardcore poverty almost eradicated, recording a rate of 0.09 per cent based on the 2024 Household Income and Expenditure Survey (HIES) announced today, compared with 0.2 per cent in 2022.  

Budget 2026: DOPPA Advocates Carbon Trading For Sustainable Income In Rural Communities

KUALA LUMPUR, Oct 8 (Bernama) -- The Sarawak Dayak Oil Palm Planters Association (DOPPA) is calling for a groundbreaking initiative that integrates carbon trading to provide a stable income for rural communities in Sarawak. 

Budget 2026: Digital Banks Hope Targeted Subsidies, Cash Aid Channelled Via Their Platforms 

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 8 (Bernama) – Digital banks are urging the government to prioritise the distribution of targeted subsidies and cash aid in Budget 2026 through digital banking platforms, highlighting their potential to deliver a more equitable and efficient system.

SG Entertech Eyes Southeast Asia Expansion, Seeks Local Partners

KUALA LUMPUR, Oct 7 (Bernama) -- SG Entertech Co Ltd, the innovative virtual reality (VR) solutions provider of the Snack VR platform, has announced plans to expand into Southeast Asia and is seeking local agents, distributors, and partners to build a regional network.

North Atlantic Nears Completion Of Esso S.A.F. Acquisition Amid Final Price Adjustments

KUALA LUMPUR, Oct 6 (Bernama) -- North Atlantic France SAS (North Atlantic) is closing in on its acquisition of ExxonMobil France Holding SAS (ExxonMobil)’s 82.89 per cent stake in Esso Société Anonyme Française SA (Esso S.A.F.), with the final purchase price now undergoing detailed adjustments ahead of completion expected by year-end 2025.

Public Mutual Declares Distribution of Over RM63 Mln For Two Funds

KUALA LUMPUR, Oct 3 (Bernama) -- Public Bank Bhd’s wholly owned subsidiary, Public Mutual has declared distributions amounting to more than RM63 million for two funds as at Sept 30, 2025.

BUDI95 Initiative Targets Fairer Subsidy, Boosts Income Equity --  Economists

KUALA LUMPUR, Oct 1 (Bernama) -- The BUDI95 petrol subsidy initiative strengthens income distribution and could improve fairness in how national resources are shared by five to 10 per cent, in line with ASEAN peers, an economist said.

AM Best Assigns Excellent Ratings To Samsung P/C China

KUALA LUMPUR, Sept 29 (Bernama) -- AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” (Excellent) to Samsung Property & Casualty Insurance Company (China) Ltd (Samsung P/C China). The outlook for both credit ratings (ratings) is stable.

ASNB Declares RM896 Mln Income Distribution For ASM 3

KUALA LUMPUR, Sept 29 (Bernama) -- Amanah Saham Nasional Bhd (ASNB), a wholly-owned unit trust company of Permodalan Nasional Bhd (PNB), has declared an income distribution of RM896.01 million for its fixed price fund, Amanah Saham Malaysia 3 (ASM 3), for the financial year ending Sept 30, 2025.