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Penang Tables RM1.09 Bln Budget 2026 With Record-Low Deficit

GEORGE TOWN, Nov 14 (Bernama) -- The Penang state government today tabled the Budget 2026 totalling RM1.088 billion for operating expenditure, with an estimated deficit of RM19.92 million, the lowest in the state’s history. 

Bank Islam’s Sadaqa House Provides Scholarships For Orphans, Asnaf And B40 Students

KUALA LUMPUR, Nov 13 (Bernama) -- Bank Islam Malaysia Berhad (Bank Islam), through its globally recognised social finance driver, Sadaqa House, continues to reinforce its commitment to empowering the next generation, especially orphans, asnaf individuals, and the B40 group, through the disbursement of Sadaqa House Scholarship and Education Grant.

Petronas Unit Receives Malaysia’s First Offshore CCS Assessment Permit

KUALA LUMPUR, Nov 10 (Bernama) -- Petronas’ wholly-owned subsidiary, Petronas CCS Ventures Sdn Bhd (PCCSV) has been granted an offshore assessment permit for Carbon Capture and Storage (CCS) for the Duyong area by the Malaysia Carbon Capture, Utilisation, and Storage (MyCCUS) Agency.

Malaysian Firms Eye Booming Chinese Halal Market Via MIHAS@Shanghai

By Amanina Mohamad Yusof

SHANGHAI, Nov 9 (Bernama) -- Malaysian companies are leveraging the Malaysia International Halal Showcase in Shanghai (MIHAS@Shanghai) to expand into China’s fast-growing halal market, tapping demand from one of the world’s largest Muslim consumer bases.

Shipbuilding & Ship Repair Sector Draws Over RM1 Bln Investments From 2021 To Mid-2025 - MITI

KUALA LUMPUR, Oct 16 (Bernama) -- The shipbuilding and ship repair (SBSR) sector has attracted investments worth over RM1 billion in shipbuilding projects and maintenance, repair and overhaul (MRO) services from 2021 to mid-2025.

ADB, World Bank Launch ASEAN Power Grid Financing Initiative

KUALA LUMPUR, Oct 15 (Bernama) -- The Asian Development Bank (ADB) and the World Bank Group, in partnership with ASEAN, today launched the ASEAN Power Grid (APG) Financing Initiative to support the development and integration of national power grids across the region.

BNM: Base Medical, Health Insurance/Takaful Product Design To Be Finalised By Year-End

KUALA LUMPUR, Oct 11 (Bernama) -- The design of the base medical and health insurance/takaful product, which is being introduced as part of the Budget 2026 agenda, is expected to be finalised by end-2025 with a view to launch in 2027, said Bank Negara Malaysia (BNM).

SAMENTA Welcomes Budget 2026 As A Positive, Pragmatic Plan For SMEs

KUALA LUMPUR, Oct 10 (Bernama) -- The Small and Medium Enterprises Association of Malaysia (SAMENTA) has described Budget 2026 as a positive and pragmatic plan that recognises the critical role of Small and Medium Enterprises (SMEs) in driving and sustaining Malaysia's economic growth.

Highlights From Budget 2026

KUALA LUMPUR, Oct 10 (Bernama) -- Below are the highlights from Budget 2026, themed the Fourth MADANI Budget: People’s Budget, which was tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.

Govt Increases Loan Facilities, Guarantees For Entrepreneurs To RM50 Bln In 2026 -- PM Anwar

KUALA LUMPUR, Oct 10 (Bernama) -- The amount of government loan facilities and guarantees available to benefit local entrepreneurs will increase to RM50 billion next year from RM40 billion, said Prime Minister Datuk Seri Anwar Ibrahim.

Govt Allocates RM419.2 Bln In Budget 2026, Up 1.7 Pct From Revised Budget 2025 

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 10 (Bernama) -- The government has allocated a total of RM419.2 billion under Budget 2026, representing 19.7 per cent of gross domestic product (GDP), said the Ministry of Finance (MoF).

Labuan FSA Grants Conditional Approvals To Two Islamic Digital Banks Under Regulatory Sandbox

LABUAN, Oct 10 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) has granted conditional approvals to Green Digital Bank Corp and Fasset Islamic Digital Bank Ltd to operate as Islamic digital banks within the Labuan International Business and Financial Centre (Labuan IBFC).