By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 23 (Bernama) -- The government must intensify efforts to curb online financial scams, which, if left unchecked, will affect trade, tourism, as well as investor confidence and derail Malaysia’s zeal to emerge as a foremost investment destination.
LABUAN, Dec 19 (Bernama) -- The passing of four bills under the Ministry of Finance aimed at regulating business activities in the Labuan International Business and Financial Centre (Labuan IBFC) is set to strengthen Malaysia’s standing ahead of the fourth Financial Action Task Force (FATF) evaluation in February 2025.
KUALA LUMPUR, Dec 19 (Bernama) -- Financial institutions in the country have successfully blocked a total of RM302 million in fraudulent and suspicious transactions as of September 2024, said Deputy Finance Minister Lim Hui Ying.
KUALA LUMPUR, Dec 18 (Bernama) -- The Ministry of Finance (MoF) has found that instances of using cryptocurrency as a medium for money laundering in Malaysia are low.
KUALA LUMPUR, Dec 18 (Bernama) -- The new criteria for the exemption of financial statement audits for private companies will take effect on Jan 1, 2025.
KUALA LUMPUR, Dec 18 (Bernama) -- The Dewan Negara has passed five bills under the Ministry of Finance related to business activities in Labuan, namely the Labuan Business Activity Tax (Amendment) (No.2) Bill 2024 and the Labuan Companies (Amendment) Bill 2024.
KUALA LUMPUR, Dec 6 (Bernama) -- Palm oil’s versatility, nutrient profile, and sustainable potential make it an essential yet often underappreciated resource, according to two academicians from the United States.
KUALA LUMPUR, Dec 6 (Bernama) -- Global credit rating agency, AM Best has affirmed Vietnam’s Petrolimex Insurance Corporation (PJICO) financial strength rating of B++ (good), the long-term issuer credit rating of “bbb” (good), and the country National Scale Rating (NSR) of aaa.VN (exceptional).
KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia’s banking sector is projected to continue recording higher profits in 2025, supported by steady loan growth, a stable interest rate environment, and non-interest income, said an economist.
KUALA LUMPUR, Dec 2 (Bernama) -- AEON Co (M) Bhd has launched the #AEONResponsible Suppliers Programme to empower supplier to enhance their environmental, social, and governance (ESG) practices through resources, capacity-building, and financial incentives.
KUALA LUMPUR, Dec 2 (Bernama) -- Government-linked investment companies (GLICs) including Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) will continue to monitor and improve governance in investment evaluation processes, said Finance Minister II Datuk Seri Amir Hamzah Azizan today.
KUALA LUMPUR, Nov 27 (Bernama) -- Financial provider MBSB Bhd has emerged as one of the top active counters on Bursa Malaysia after a strong nine-month financial year 2024 (9M FY2024) net profit, thanks to robust non-interest income (NOII).
