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Raising e-Invoice Threshold To RM1 Mln Eases Pressure On SMEs, Says Economist

By K. Naveen Prabu and Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Dec 9 (Bernama) -- Exempting companies with annual revenue of below RM1 million from implementing e-invoicing will ease administrative pressure on small and medium enterprises (SMEs) and allow them to focus on their core business activities, said an economist.

2025: The Year Everything Shifted For Malaysia's Oil And Gas Sector, Momentum To Continue

KUALA LUMPUR, Dec 9 (Bernama) -- Malaysia is entering 2026 with its oil and gas sector still standing firm, but the ground beneath it is shifting faster than at any point in decades.

PNB, GLICs To Develop 10 Bumiputera Champion Firms

KUALA LUMPUR, Dec 7 (Bernama) -- Permodalan Nasional Bhd (PNB), together with other Government-Linked Investment Companies (GLICs), is committed to driving the 10 Bumiputera Champions initiative to create 10 companies, each with a market capitalisation or enterprise value of at least RM500 million by 2030.

Identis Debuts At Trustech, Marking Matica Group’s Evolution

KUALA LUMPUR, Dec 2 (Bernama) -- Identis, a global leader in secure identity and payment technologies, officially made its global debut, marking the evolution of the Matica Group and combining decades of experience with a renewed vision for the digital era.

AM Best: Hong Kong Fire To Hit Reinsurers, Pressure Property Treaty Terms

KUALA LUMPUR, Dec 2 (Bernama) -- Global credit rating agency, AM Best expects a significant share of losses from the deadly Hong Kong apartment fire to flow to reinsurers—a shift that could halt downward pressure on Hong Kong property reinsurance rates despite a globally softening market.

Xiamen International Bank Marks Four Decades Of Growth, Global Connections

KUALA LUMPUR, Dec 1 (Bernama) -- Xiamen International Bank has operated from the Xiamen Special Economic Zone since 1985, expanding nationwide and establishing global connections while participating in China’s financial opening-up.

North Atlantic France Completes Acquisition Of Esso S.A.F., ExxonMobil Chemical France

KUALA LUMPUR, Dec 1 (Bernama) -- North Atlantic France SAS (North Atlantic France) announced the successful closing of its acquisition of an 82.89 per cent controlling interest in Esso Société Anonyme Française SA (Esso S.A.F.) at 26.19 euros per share and 100 per cent of ExxonMobil Chemical France SAS (EMCF) from ExxonMobil France Holding SAS (ExxonMobil), following a competitive auction process initiated in 2024. (1 Euro = RM4.79)

EPF Appoints Mohamad Hafiz As CIO, Ahmad Rizal As CFO

KUALA LUMPUR, Dec 1 (Bernama) -- The Employees Provident Fund (EPF) has appointed Mohamad Hafiz Kassim as its new chief investment officer (CIO) and Ahmad Rizal Omar as chief financial officer (CFO), both effective today.

KWAP Appoints Abdul Hakim Amir Zainol As New CFO

KUALA LUMPUR, Nov 30 (Bernama) -- Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has appointed Abdul Hakim Amir Zainol as its new chief financial officer (CFO) effective Nov 12,  2025.

CIMB Group 3Q Net Profit Rises To RM2.08 Bln, Declares Special Dividend Of Seven Sen

KUALA LUMPUR, Nov 28 (Bernama) -- CIMB Group Holdings Bhd’s net profit for the third quarter ended Sept 30, 2025 (3Q 2025) increased to RM2.08 billion from RM2.03 billion in the same period last year.

EPIC Group Scores At HRD Awards 2025, Platinum Recognition At IMPEC 2025

KUALA LUMPUR, Nov 27 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC Bhd) celebrated another remarkable achievement last night, securing three accolades at the HRD Awards 2025 Gala Dinner in recognition of its progressive human capital development initiatives.

GHS Holdings Receives Bursa Malaysia's Approval For ACE Market Listing

KUALA LUMPUR, Nov 26 (Bernama) -- Bursa Malaysia Securities Bhd has approved the listing of food product distributor and retailer Guan Huat Seng Holdings Bhd (GHS Holdings) on the ACE Market.