KUALA LUMPUR, Nov 26 (Bernama) -- The Ministry of Finance (MoF) has emphasised that the targeted rationalisation of diesel subsidies starting in June 2024 is not the main cause of the rise in costs of goods in the manufacturing sector, which led to the decline in the Purchasing Managers’ Index (PMI) in July 2024.
KUALA LUMPUR, Nov 25 (Bernama) -- Bank Pembangunan Malaysia Bhd (BPMB) and Aim Concept Sdn Bhd (ACSB) have signed a RM75 million financing facility to initiate a larger RM428 million expansion project for Penang General Hospital’s specialist clinic and wards.
From Mohd Shukri Ishak
SEOUL, Nov 24 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim is scheduled to meet leaders of South Korean conglomerates, or "chaebol", to attract more foreign direct investments to Malaysia.
KUALA LUMPUR, Nov 21 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat), via Imtiaz Sukuk II Bhd, has issued its maiden RM500 million ASEAN Sustainability SRI (Sustainable and Responsible Investment) Sukuk.
KUALA LUMPUR, Nov 19 (Bernama) -- The Finance Bill 2024 tabled in the Dewan Rakyat today aims to amend the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Petroleum (Income Tax) Act 1967, Finance Act 2012, and the Finance Act 2023.
KUALA LUMPUR, Nov 18 (Bernama) -- The government will continue to provide incentives for the development of electric vehicle (EV) charging infrastructure, even though these incentives were not specifically mentioned in Budget 2025.
KUALA LUMPUR, Nov 18 (Bernama) -- RAM Rating Services Bhd has affirmed Manulife Holdings Bhd’s corporate credit ratings (CCRs) of AA2/Stable/P1.
KUALA LUMPUR, Nov 18 (Bernama) -- AM Best has downgraded the financial strength rating to A- (excellent) from A (excellent) and the long-term issuer credit rating to “a-” (excellent) from “a” (excellent) of Bermuda’s Evergreen Insurance Company Limited (EICL).
KUALA LUMPUR, Nov 15 (Bernama) -- Despite the absence of mega project developments in Budget 2025, existing mega projects will continue to support Malaysia's economic growth next year, said Bank Negara Malaysia governor Datuk Seri Abdul Rasheed Ghaffour.
KUALA LUMPUR, Nov 15 (Bernama) -- Global credit rating agency, AM Best has affirmed Malaysia’s Labuan Reinsurance (L) Ltd (Labuan Re) financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent).
KUALA LUMPUR, Nov 13 (Bernama) -- Tun Daim Zainuddin, who passed away this morning at the age of 86, is best known as former Prime Minister Tun Dr Mahathir Mohamad’s chief economic troubleshooter.
KUALA LUMPUR, Nov 13 (Bernama) -- Former Finance Minister Tun Daim Zainuddin was a loyal businessman and politician and was instrumental in the country's business landscape in the 1980s and 1990s, said former editor-in-chief of the Malaysian National News Agency (Bernama) Datuk Yong Soo Heong.
