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Paragon Globe Unit To Sell Land In Johor Worth RM64.47 Mln

KUALA LUMPUR, Dec 4 (Bernama) -- Paragon Globe Bhd‘s wholly owned unit PGB Landmark Sdn Bhd planned to sell a parcel of freehold land in Tanjung Kupang, Johor for RM64.47 million to GSP Automotive Malaysia Sdn Bhd.

Govt Urged To Scrap 5 Pct Sales Tax On Sawn Timber, Review SST Expansion

KUALA LUMPUR, Dec 3 (Bernama) -- The government has been urged to exempt the five per cent sales tax on sawn timber and to review the expanded scope of the Sales and Services Tax (SST), which has resulted in double taxation for the timber and wood-based industries.

Teledyne DALSA Unveils Xtium3 PCIe Gen4 Frame Grabber For Ultra-High-Speed Imaging

KUALA LUMPUR, Dec 3 (Bernama) -- Teledyne DALSA, a Teledyne Technologies company, announced the launch of the Xtium3 PCIe Gen4 family, its next-generation frame grabber engineered to deliver maximum sustained throughput and ready-to-use image data for high-performance industrial applications.

BNPL Loans At RM4.2 Bln As Of Sept 30, 2025 -- MOF

KUALA LUMPUR, Dec 3 (Bernama) -- The total buy now pay later (BNPL) scheme loans as of Sept 30, 2025 were RM4.2 billion covering seven million active account holders in the country, comprising 0.3 per cent of the total household indebtedness in Malaysia.

Govt Committed To Further Reducing New Debt In 2025 At RM75 Bln -- PM Anwar

KUALA LUMPUR, Dec 2 (Bernama) -- The government is committed to further reducing new debt in 2025, projected at about RM75 billion, said Prime Minister Datuk Seri Anwar Ibrahim.

Maybank IB Upgrades Banking Sector Outlook To Positive For 2026

KUALA LUMPUR, Dec 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects 2026 to be a more conducive operating year for the banking sector, with aggregate operating profit and net profit forecast to grow by 4.7 per cent and five per cent, respectively.

Strong Trade, Contained Inflation Offer BNM Policy Flexibility Despite Softer Credit - CIMB

KUALA LUMPUR, Dec 1 (Bernama) -- Malaysia’s credit cycle is showing a loss of momentum, but strong trade and contained inflation provide Bank Negara Malaysia (BNM) policy flexibility, according to CIMB Investment Bank Bhd.

Xiamen International Bank Marks Four Decades Of Growth, Global Connections

KUALA LUMPUR, Dec 1 (Bernama) -- Xiamen International Bank has operated from the Xiamen Special Economic Zone since 1985, expanding nationwide and establishing global connections while participating in China’s financial opening-up.

Analaysts Maintain Overweight Call On Banking Sector Amid Earnings Resilience

KUALA LUMPUR, Dec 1 (Bernama) -- Analysts have maintained their ‘Overweight’ calls on the banking sector, citing resilient earnings, loan growth and attractive dividend yields despite ongoing margin pressures.

Malaysia Airlines Resumes Direct Flight From Kuala Lumpur To Brisbane

KUALA LUMPUR, Nov 30 (Bernama) -- Malaysia Airlines Bhd has resumed its direct flights from KL International Airport (KUL) to Brisbane Airport (BNE), with the inaugural flight MH135 departing Kuala Lumpur on Nov 29, reinstating this key connection to meet growing travel demand.

RKB Initiative Under MITI Boosts Access To Financing, Strengthens Aerospace Supply Chain

KUALA LUMPUR, Nov 29 (Bernama) -- The Bureaucratic Red Tape Reform (RKB) initiative under the Ministry of Investment, Trade and Industry (MITI) is already translating into tangible impact, improving service delivery, reducing red tape and fostering a more business-friendly environment.

Alliance Bank Offers Flood Relief Assistance To Affected Customers

KUALA LUMPUR, Nov 28 (Bernama) -- Alliance Bank Malaysia Bhd will provide flood relief assistance, including a loan moratorium of up to six months, modified repayment options, and fee and charge waivers for customers and businesses affected by the current floods.