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Salary Hike A Boon For Retail, Travel Sectors

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Jan 20 (Bernama) -- The government's move to raise the salaries of civil servants and the minimum wage is set to positively impact the retail and travel sectors, which rely heavily on consumer spending.

Guangdong Retains China's Top Economy In 2024, GDP Exceeds 14 Trillion Chinese Yuan

KUALA LUMPUR, Jan 17 (Bernama) -- Guangdong is set to maintain its position as China’s top provincial economy in 2024, with its gross domestic product (GDP) projected to surpass 14 trillion Chinese yuan, according to the Guangdong Provincial People’s Congress report on Jan 15. (100 Chinese yuan = RM61.43)

Business Interruption Remains Top Concern For Business Risks In Malaysia In 2025 - Allianz

KUALA LUMPUR, Jan 16 (Bernama) -- Business interruption remains the top concern for business risks in Malaysia this year, alongside fire and explosion, as well as changes in legislation and regulation, according to the Allianz Risk Barometer 2025 report.

Bursa Malaysia Approves Bintai Kinden Regularisation Plan

KUALA LUMPUR, Jan 16 (Bernama) -- Bursa Malaysia Securities Bhd has approved Bintai Kinden Corporation Bhd’s proposed regularisation plan, a significant milestone in its journey towards financial recovery and exit its Practice Note 17 (PN17) status.

Wolters Kluwer Study: AI's Role In Shaping The Future Of Tax & Accounting Industry

KUALA LUMPUR, Jan 15 (Bernama) -- Wolters Kluwer Tax and Accounting (TAA) has unveiled its inaugural global study titled Future Ready Accountant, offering a comprehensive analysis of the evolving tax and accounting industry.

Petros and Sarawak Commit to Collaborate with Federal Government and Petronas for Smooth Execution

KUCHING, Jan 15 (Bernama) -- Sarawak Premier Tan Sri Abang Johari Tun Openg has expressed his appreciation to Prime Minister Datuk Seri Anwar Ibrahim for recognising Petroleum Sarawak Bhd (Petros) as the sole gas aggregator in Sarawak.

US Patent Grants See Growth In 2024, Samsung Holds Top Spot

KUALA LUMPUR, Jan 15 (Bernama) -- United States (US) patent grants have rebounded after four years of decline, rising by 3.8 per cent from calendar year 2023 to 324,043, with Samsung retaining top spot for the third year in a row, according to IFI CLAIMS Patent Services.

Anwar Confident Petronas-Petros Gas Issue Resolved

From Kamarul Ariffin Md Yassin

ABU DHABI, Jan 14 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said he believed issues related to Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) regarding gas distribution rights in Sarawak had been resolved through a series of negotiations, including his meeting with Sarawak Premier Tan Sri Abang Johari Tun Openg.

Asia-Pacific Airports Soar To New Heights In Global Rankings, Says OAG

KUALA LUMPUR, Jan 14 (Bernama) -- Asia Pacific airports have demonstrated impressive growth in global rankings, showcasing the region's robust recovery in 2024, according to OAG, a data platform for the global travel industry.

Permaju Proposes RM258 Mln Capital Reduction 

KUALA LUMPUR, Dec 31 (Bernama) -- Permaju Industries Bhd has proposed a capital reduction of up to RM258 million via the cancellation of its issued share capital “which is lost and unrepresented by available assets.” 

Gamuda Able To Develop Up To 1,000MWs Data Centre On Newly Acquired Land - HLIB

KUALA LUMPUR, Dec 31 (Bernama) -- The land acquired by Gamuda Bhd at Springhill Industrial Park in Negeri Sembilan could support the development of data centre (DC) capacities of between 700-1,000 megawatts (MWs) based on two to three MWs per acre with a downward adjustment in net area, Hong Leong Investment Bank’s (HLIB) preliminary estimates show.

MFPC Urges Policyholders To Retain Coverage Amid MHIT Premium Adjustments

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 30 (Bernama) -- The Malaysian Financial Planning Council (MFPC) is strongly urging affected insurance policyholders not to terminate their policies due to premium adjustments after Bank Negara Malaysia (BNM) introduced interim measures to regulate medical and health insurance/takaful (MHIT) premiums.