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Dewan Rakyat Passes Two Tax-Related Bills

KUALA LUMPUR, Dec 1 (Bernama) -- The Dewan Rakyat today passed the Finance Bill 2025, which details amendments to five tax acts, namely the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Labuan Business Activity Tax Act 1990, and the Petroleum (Income Tax) Act 1967.   

Abaxx Exchange, Stellar Complete Connectivity, Expanding Access To Commodity Futures Benchmarks

KUALA LUMPUR, Dec 1 (Bernama) -- Abaxx Technologies Inc (Abaxx), a financial software and market infrastructure company, and Stellar Trading Systems Ltd (Stellar) announced the completion of full connectivity between Stellar’s suite of trading platforms and the Abaxx Exchange.

Govt Recovers RM31.2 Bln Related To 1MDB, SRC As Of September 2025

KUALA LUMPUR, Nov 27 (Bernama) -- From the establishment of the Asset Recovery Trust Account (AA MKA) in December 2018 until Sept 30, 2025, the government has recovered RM31.2 billion (including proceeds and foreign exchange adjustments) related to 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd (SRC), said the Ministry of Finance (MOF).

MBSB 3Q Net Profit Eases To RM95.64 Mln 

KUALA LUMPUR, Nov 26 (Bernama) -- MBSB Bhd posted a lower net profit of RM95.64 million in the third quarter of the financial year ended Sept 30, 2025 (3Q FY2025), compared to RM122.08 million a year earlier.

Felda Issues Sukuk, Govt Guarantee Revolving Credit Worth RM8.92 Bln Up To September 2025

KUALA LUMPUR, Nov 25 (Bernama) -- The Federal Land Development Authority (Felda) has issued government-guaranteed sukuk amounting to RM3.72 billion, and government-guarantee revolving credit-i (GGRC-i) totalling RM5.2 billion as of Sept 30, 2025.

Asia Boards Rank AI Adoption Top Priority For 2026 - Diligent

KUALA LUMPUR, Nov 25 (Bernama) -- Almost half of governance leaders in Asia (48 per cent) are prioritising artificial intelligence (AI) adoption as a top strategic focus for 2026, according to the APAC Governance Outlook 2026 report by the Diligent Institute.

H2O.ai Names Jason Finney President, CRO To Accelerate Global AI Adoption

KUALA LUMPUR, Nov 21 (Bernama) -- H2O.ai, a pioneer in sovereign artificial intelligence (AI) and a global leader in agentic and predictive AI, has appointed Jason Finney as President and Chief Revenue Officer (CRO).

Petronas Chemicals Narrows 3Q Net Loss To RM289 Mln

KUALA LUMPUR, Nov 21 (Bernama) -- Petronas Chemicals Group Bhd (PCG) posted a narrower net loss of RM289 million for the third quarter ended Sept 30, 2025 (3Q 2025), compared with a RM789 million net loss in the corresponding period last year.

Nestcon, Wawasan Dengkil In JV To Develop 70MW Large-scale Solar Plant

KUALA LUMPUR,  Nov 19 (Bernama) -- Nestcon Bhd’s wholly-owned subsidiary Nestcon Infra Sdn Bhd (NISB), has entered into a shareholders agreement with Wawasan Dengkil Sdn Bhd (WDSB) and WDSolar Sdn Bhd (JV Co) to co-invest in JV Co and developing a 70-megawatt (MW) large-scale photovoltaic (PV) plant in Kedah.

PDT, SD Guthrie, Ecoworld To Develop Eco Business Park 8 In Kulai

 JOHOR BAHRU, 19 Nov (Bernama) -- Permodalan Darul Ta’zim Sdn Bhd (PDT), SD Guthrie Land Ventures Sdn Bhd (SDGLV) and Eco World Development Group Bhd (EcoWorld) have formed a strategic partnership to develop a major integrated industrial park in Kulai, Johor.

SBC Medical To Acquire Waqoo, Boosting R&D And Clinical Services

KUALA LUMPUR, Nov 14 (Bernama) -- SBC Medical Group Holdings Inc (SBC Medical), a global provider of consulting and management services for medical corporations, announced that its Japanese subsidiary, SBC Medical Group Co Ltd, will launch a tender offer to acquire shares of Waqoo Inc, listed on the Tokyo Stock Exchange Growth Market.

U Mobile Upgrades 2,976 Sites To 5G Coverage

KUALA LUMPUR, Nov 12 (Bernama) -- U Mobile Sdn Bhd has upgraded 2,976 sites to 5G coverage, providing 58.2 per cent 5G coverage in populated areas as of Oct 31 this year, said the Communications Ministry.