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RM500 Mln To RM1.2 Bln Assets Under Management Expected From Family Office Scheme Within First 5 Years - Amir Hamzah

KUALA LUMPUR, Nov 5 (Bernama) -- The government estimates the range of assets under management (AUM) to be between RM500 million and RM1.2 billion within the first five years of implementing the family office scheme, targeting families from within the country, the region and abroad, such as from the Middle East.

Khazanah, PNB Clarify Their Divestment From FashionValet

KUALA LUMPUR, Nov 1 (Bernama) -- Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) have issued separate statements on their RM43.9 million losses after selling their stakes in e-commerce platform Fashion Valet Sdn Bhd for RM3.1 million.

Sweden-Malaysia Economic Ties Flourish, FDI Soars & Semiconductor Sector Emerges As Key Growth Area

KUALA LUMPUR, Nov 1 (Bernama) -- Economic ties between Sweden and Malaysia have flourished over the years, with Swedish foreign direct investment (FDI) in Malaysia soaring to US$1.43 billion (US$1=RM4.37) to date from US$113 million in 2014.

ACE Market Debutant Sorento Capital To Expand Into New Construction, Renovation Projects

KUALA LUMPUR, Oct 28 (Bernama) -- Sorento Capital Bhd is set to expand into new construction and renovation markets by targeting additional building segments, including affordable housing, hotels and office buildings, following its debut on the ACE Market of Bursa Malaysia today.

Anwar Calls For Top-level Standards In Logistics Infrastructure And Workforce

SEPANG, Oct 28 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has urged all parties, including the Ministry of Transport (MOT), relevant agencies, and private companies in the logistics sector, to ensure that industry infrastructure and workforce skills meet the highest standards.

Malaysia Needs To Prepare And Have All The Buffers To Face The Changing Global Economic Environment -- BNM Governor

KUALA LUMPUR, Oct 26 (Bernama) -- Malaysia, as a small and open economy, needs to ensure that it is well-prepared and has the necessary buffers to face the changing global economic environment, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

Syarikat Jaminan Pembiayaan Perniagaan Bhd Approves RM1.59 Bln In Financing Guarantees For MSMEs -- MITI

KUALA LUMPUR, Oct 23 (Bernama) -- Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) has approved RM1.59 billion in financing guarantees as of Sept 30 2024 for micro, small and medium enterprises (MSMEs) in the green economy, high technology and halal fields from a RM20 billion guarantee fund allocation.

MITI Finalising Sustainable Development Guidelines For Data Centres

KUALA LUMPUR, Oct 23 (Bernama) -- The Ministry of Investment, Trade, and Industry (MITI) is finalising sustainable development guidelines for data centres.

Diesel Subsidy Claims Down By 51.6 Pct In August Vs May -- Economy Ministry

KUALA LUMPUR, Oct 22 (Bernama) -- Diesel subsidy claims by oil companies for August 2024 have decreased by 51.6 per cent against claims in May 2024 since the June 10 2024 implementation of targeted diesel subsidy, said the Economy Ministry.

Budget 2025 Measures Show Strong Support For Semiconductor Sector - Tengku Zafrul

KUALA LUMPUR, Oct 22 (Bernama) -- Budget 2025 has set aside sizable funds, both fiscal and non-fiscal, towards ensuring the success of the National Semiconductor Strategy (NSS), which is part of the New Industrial Master Plan 2030 (NIMP 2030).

KPK Approves 3,599-hectare Land For Oil Palm Replanting Under TSPKS 2.0 As Of October

KUALA LUMPUR, Oct 22 (Bernama) -- The Ministry of Plantation and Commodities (KPK) has approved 3,599 hectares (ha) of land for oil palm replanting under the Oil Palm Smallholders Replanting Financing Incentive Programme (TSPKS 2.0) as of October 2024.

Govt Urged To Carefully Classify Household Income To Avoid Missing Out Those In Need -- Backbenchers Club

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 21 (Bernama) -- The government is being asked to re-examine the classification of household income to prevent from missing out aid and petrol subsidies to those who really need them, said the Backbenchers Club today.