Aucnet Acquires SG e-Auction To Bolster Luxury Resale Business In ASEAN, Oceania

KUALA LUMPUR, May 15 (Bernama) -- Aucnet Inc (Aucnet), a Tokyo-based circular market design company, has announced the full acquisition of its Singapore joint venture, SG e-Auction Pte Ltd (SG e-Auction), as part of its strategic push to expand its global resale network in ASEAN and Oceania.

IILM Reissues US$1.24 Bln Short-term Sukuk

KUALA LUMPUR, May 13 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of an aggregate US$1.24 billion (US$1=RM4.318) short-term sukuk across tenors of one, three, six, and 12 months, respectively.

Malaysia Airlines To Resume Direct Flights To Brisbane Starting Nov 2025

KUALA LUMPUR, April 18 (Bernama) -- Malaysia Airlines Bhd has announced its highly anticipated return to Brisbane, reinstating direct flights to Queensland starting Nov 29, this year.

China Backs Malaysia’s Regional Economic Initiatives

KUALA LUMPUR, April 17 (Bernama)-- China has expressed appreciation for Malaysia’s regional initiatives, including the ASEAN-China-Gulf Cooperation Council Cooperation Summit, reflecting open regionalism aimed at supporting economic and financial stability and coordinated development across Asia.

IILM Secures US$500 Mln Asset To Meet Growing Sukuk Demand

KUALA LUMPUR, March 25 (Bernama) — The International Islamic Liquidity Management Corporation (IILM) has secured a new high-quality asset worth US$500 million (US$1=RM4.435) as it expands its asset pool to meet the growing demand for its short-term Islamic papers.

Maintenance Fee Arrears: Should We Be Concerned?

By Abdul Hamid A. Rahman

KUALA LUMPUR, March 11 (Bernama) -- Unpaid maintenance fees in strata developments have reached worrying levels, with arrears estimated in the hundreds of millions — and potentially billions, if unaddressed.

Ringgit Opens Marginally Higher Vs US Dollar Amid Mixed Market Sentiment

KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit opened marginally higher against the US dollar amid mixed market sentiment with the US Federal Reserve which is likely to continue its interest rate cuts with bond yields sliding amid uncertainties over tariffs.

IILM: US$710 Mln Short-term Sukuk Oversubscribed By 2.15 Times

KUALA LUMPUR, Feb 18 (Bernama) -- The International Islamic Liquidity Management Corp (IILM) has completed the reissuance and issuance of an aggregate of US$710 million (US$1=RM4.440) short-term sukuk, spread across two different tenors: one-month and three-month maturities.

PIAM, Stakeholders Collaborate To Address Total Loss Vehicles

KUALA LUMPUR, Jan 28 (Bernama) -- General insurance and takaful companies are working closely with key stakeholders on the issue of total loss vehicles, according to the General Insurance Association of Malaysia (Piam).

New Zealand's DSG Group Eyeing Collaboration On Malaysia’s Digital Finance Goals

KUALA LUMPUR, Jan 23 (Bernama) -- New Zealand-based DSG Group, a global leader in tokenised securities and cross-border capital facilitation, has expressed its interest in collaborating with Malaysia to advance the country’s digital finance goals.

Malaysia To Launch Cross-border Re Auction For Singapore Via ENEGEM By Year-end — DPM Fadillah

KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia’s cross-border renewable energy auction for Singapore’s energy importer, under Energy Exchange Malaysia (ENEGEM), will begin by year-end, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

IILM Reissues Its Largest Year-To-Date Short-Term Ṣukuk Of US$1.31 Bln

KUALA LUMPUR, Nov 5 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of an aggregate US$1.31 billion (US1=RM4.34) short-term sukuk with tenors of one month, three months, and six months.