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Johari Ghani Brings Extensive Corporate, Finance Experience As Investment, Trade And Industry Minister

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 16 (Bernama) -- Datuk Seri Johari Abdul Ghani, 61, the newly appointed Minister of Investment, Trade and Industry, is a seasoned politician who is expected to bring his extensive corporate and financial experience to his new portfolio.

Perma-Pipe Q3 Net Income Soars 152 Pct, Revenue Hits US$61.1 Mln

KUALA LUMPUR, Dec 16 (Bernama) -- Perma-Pipe International Holdings Inc has reported a 152 per cent surge in third-quarter (Q3) net income to US$6.3 million, fuelled by higher sales volumes and improved project execution. (US$1=RM4.08)

Sunway Square Mall Opens, Integrates Retail, Arts And Community Living

KUALA LUMPUR, Dec 12 (Bernama) -- Sunway Square Mall officially opened its doors today, marking the launch of a 320,000 square feet, four-level pet-friendly community hub in Sunway City Kuala Lumpur.

Sabah Tables RM6.4 Bln Budget For 2026

KOTA KINABALU, Dec 12 (Bernama) -- The Sabah government today tabled the state’s Budget 2026, amounting to RM6.402 billion, with an estimated surplus of RM28 million.

PERDA Launches Service Truck To Promote, Market Products Of Rural Entrepreneurs

BUTTERWORTH, Dec 12 (Bernama) -- The Penang Regional Development Authority (PERDA) continues to strengthen its commitment to rural economic development through the launch of the Desamall@PERDA Service Truck, which functions as a mobile promotion and marketing platform for rural entrepreneurs.

Malaysia’s Tune Protect Re Credit Ratings Affirmed By AM Best

KUALA LUMPUR, Dec 12 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb+” (Good) of Malaysia’s Tune Protect Re Ltd (TPR) with a stable outlook on these credit ratings (ratings).

Malaysia Made Significant Achievement In 1MDB Money Laundering Probe - Watchdog

KUALA LUMPUR, Dec 11 (Bernama) -- The complex money laundering investigations related to 1Malaysia Development Bhd (1MDB) are a significant achievement and demonstrate enhanced coordination between various law enforcement agencies (LEAs), Bank Negara Malaysia (BNM), the Financial Intelligence Unit (FIU) and the Attorney General’s Chambers (AGC).

Watchdog Upgrades Malaysia’s Illicit Finance Rating, Urges More Laundering Prosecutions

KUALA LUMPUR, Dec 11 (Bernama) -- Global financial crime watchdog, the Financial Action Task Force (FATF) and Asia/Pacific Group on Money Laundering (APG) in a report published today, revealed that Malaysia has further strengthened its defences against illicit finance since 2015, notably by enhancing its legal framework and supervision of financial and non-financial sectors.

Ambest Group Eyes Listing On Bursa Malaysia In 1Q 2026

KUALA LUMPUR, Dec 11 (Bernama) -- Penang-based Ambest Group Bhd is targeting a listing on the ACE Market of Bursa Malaysia Securities Bhd in the first quarter of next year.

Malaysia's Lonpac Insurance Credit Ratings Affirmed As Excellent - AM Best

KUALA LUMPUR, Dec 11 (Bernama) -- Global credit rating agency, AM Best has affirmed Malaysia’s Lonpac Insurance Bhd (Lonpac) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent).

Global Delegates Signal Support For Formation Of Defence, Security And Resilience Bank

KUALA LUMPUR, Dec 11 (Bernama) -- The Defence, Security and Resilience Bank (DSRB) Development Group recently held a high-level meeting in the City of London with representatives from 37 nations.

No Need To Renegotiate Malaysia-US Art At This Time -- MITI

KUALA LUMPUR, Dec 10 (Bernama) -- The government believes that renegotiating the Agreement on Reciprocal Trade Agreement (ART) between Malaysia and the United States is unnecessary at this time, said the Ministry of Investment, Trade and Industry (MITI).