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MoF Appoints Ahmad Hizzad As Labuan FSA Chairman

LABUAN, Nov 13 (Bernama) -- The Ministry of Finance (MoF) has appointed Datuk Ahmad Hizzad Baharuddin as chairman of the Labuan Financial Services Authority (Labuan FSA) for a two-year term from Nov 15, 2025 to Nov 14, 2027.

Over RM26 Bln Collected In Duties On Vehicles And Spare Parts For 2022-2024

KUALA LUMPUR, Nov 12 (Bernama) -- The total collection of import and excise duties on motor vehicles and motor vehicle spare parts for the period 2022 to 2024 amounted to RM26.47 billion, according to the Ministry of Finance (MOF).

SC's New Fee Structure Expected To Take Effect On Jan 1, 2026 - MoF

KUALA LUMPUR, Nov 12 (Bernama) -- The Securities Commission Malaysia’s (SC) new fee structure is still under review by the Attorney General’s Chamber and is expected to take effect on Jan 1, 2026, according to the Ministry of Finance (MoF).

Hong Leong Bank Expects Ringgit To Have Enough Legs To Continue Uptrend

KUALA LUMPUR, Nov 12 (Bernama) -- Hong Leong Bank Bhd (HLB) believes the ringgit has sufficient fundamental strength to continue its uptrend after the local note opened at 4.12 against the US dollar on Wednesday, its strongest level since Sept 30, 2024. 

United Plantations 3Q Net Profit Lower At RM203.28 Mln

KUALA LUMPUR, Nov 12 (Bernama) -- United Plantations Bhd’s net profit decreased to RM203.28 million in the third quarter (3Q) ended Sept 30, 2025 compared to RM215.03 million a year earlier.

Natural Rubber Output Down 14.8 Pct In September 2025, Says DOSM

KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia’s natural rubber (NR) production decreased by 14.8 per cent to 26,647 tonnes in September 2025 from 31,285 tonnes in August 2025, said the Statistics Department of Malaysia (DOSM).

Unit Price Index Of Steel Rises 0.6–2.5 Pct in October 2025

KUALA LUMPUR, Nov 12 (Bernama) -- The unit price index of steel in the country rose by 0.6-2.5 per cent last month compared to September 2025, according to the Department of Statistics Malaysia.

Ringgit Opens At 4.12 VS Greenback, A New High In Over 13 Months 

KUALA LUMPUR, Nov 12 (Bernama) -- The ringgit continued to roll on and touched the 4.12 level at the opening on Wednesday, marking a new high in more than 13 months, buoyed by a softer US dollar following weaker US economic data. 

Exports To CPTPP, RCEP Countries Rise Despite Uncertain Global Trade Conditions

KUALA LUMPUR, Nov 11 (Bernama) -- Exports to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP) member countries increased from January to September 2025 despite uncertain global trade conditions.

PETROS Inks Strategic Energy Deals With International Partners

KUCHING, Nov 11 (Bernama) -- Petroleum Sarawak Bhd (PETROS) has signed three strategic energy agreements with international partners to advance oil and gas exploration and accelerate carbon capture, utilisation and storage (CCUS) initiatives in Sarawak.

Ringgit Hits RM4.16, Emerges As Asia’s Best-performing Currency -- Anwar

KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit is trading at RM4.16 against the US dollar, making it the best-performing currency in Asia, Prime Minister Datuk Seri Anwar Ibrahim said.

Sarawak Non-LNG Gas Demand To Reach 500 mmscfd By Year-end -- Azalina

KUALA LUMPUR, Nov 10 (Bernama) -- Domestic natural gas demand in Sarawak for the non-liquefied natural gas (LNG) market is projected to rise to 500 million standard cubic feet per day (mmscfd) by year-end.