Akmal Nasrullah Named Economy Minister

KUALA LUMPUR, Dec 16 (Bernama) -- After helming the deputy minister’s role twice in different ministries, Akmal Nasrullah Mohd Nasir will now take on a new role as Economy Minister.

Palm Oil Industry To Remain Stable In 2026, Focusing On R&D, Yield Improvement – Johari

BANGI, Dec 16 (Bernama) -- Malaysia’s palm oil industry is expected to remain stable and competitive next year, driven by continued emphasis on research and development (R&D), yield improvements and sustainable practices in line with global market requirements, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

South Korea Eases Discount Rate Rules For Non-Life Insurers

KUALA LUMPUR, Dec 16 (Bernama) -- The recent easing of discount rate regulations by South Korea’s financial authorities will alleviate pressure on the solvency position of the country’s non-life insurers, according to a new AM Best commentary.

Perma-Pipe Q3 Net Income Soars 152 Pct, Revenue Hits US$61.1 Mln

KUALA LUMPUR, Dec 16 (Bernama) -- Perma-Pipe International Holdings Inc has reported a 152 per cent surge in third-quarter (Q3) net income to US$6.3 million, fuelled by higher sales volumes and improved project execution. (US$1=RM4.08)

Malaysia's Gig Workers Bill 2025 Sets New Benchmark, Protects 1.2 Mln Workers

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 16 (Bernama) -- Malaysia’s gig economy performed better in 2025 than in 2024, buoyed by positive economic momentum and supportive policy measures, but the highlight is undeniably the passing of the Gig Workers Bill 2025.

TNB CEO Honoured At Inaugural MADANI Business Awards 2025

KUALA LUMPUR, Dec 16 (Bernama) -- Tenaga Nasional Bhd (TNB) chief executive officer (CEO) Datuk Megat Jalaluddin Megat Hassan has been named “MADANI Best CEO of the Year” at the inaugural MADANI Business Awards 2025 recently. 

CPO Futures End Mostly Lower On Weak Demand, Rising Production

KUALA LUMPUR, Dec 15 (Bernama) -- The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed mostly lower today on weak demand and rising production.

Gold Futures End Higher As Traders Await Key US Data

KUALA LUMPUR, Dec 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today,  as traders awaited the release of key United States data this week. 

Bursa Malaysia Introduces CSI Platform For Sustainability Disclosures

KUALA LUMPUR, Dec 15 (Bernama) -- Bursa Malaysia Bhd has introduced an enhanced prescribed format for sustainability disclosures through its Centralised Sustainability Intelligence (CSI) platform, as part of its efforts to strengthen alignment with international disclosure standards.

FBM KLCI Futures Close Lower

KUALA LUMPUR, Dec 15 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower today.

IRB Settles RM14.55 Bln Tax Refunds, Involving 3.47 Mln cases - Lim

KUALA LUMPUR, Dec 15 (Bernama) -- The Inland Revenue Board (IRB) has completed tax refund payments amounting to RM14.55 billion involving 3.47 million cases as of Nov 30, said Deputy Finance Minister Lim Hui Ying.

Poh Kong's 1Q FY2026 Net Profit Rises To RM39.6 Mln On Strong Gold Prices

KUALA LUMPUR, Dec 15 (Bernama) -- Poh Kong Holdings Bhd’s net profit for the first quarter of the financial year 2026, ended Oct 31, 2025 (1Q FY2026), increased to RM39.61 million from RM21.34 million in the same quarter last year.