LATEST NEWS   Mandatory EPF contributions for foreign workers, at two per cent each for workers and employers - Steven Sim | SPB Development Bhd has secured SC approval for a listing on Main Market of Bursa Malaysia in 2Q this year | Chambers of commerce in the country should work as one team to enhance Malaysia's progress – PM Anwar | The govt has opted for a 2 pct EPF contribution rate for foreign workers instead of the originally proposed 12 pct -- PM Anwar | 

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U Mobile Likely To Collaborate To Defray 5G Capex Estimated At RM3 Bln-RM4 Bln -- RHB Investment Bank

KUALA LUMPUR, Jan 10 (Bernama) -- U Mobile Sdn Bhd is likely to enter into network collaborations to defray 5G capital expenditure (capex) estimated at RM3 billion-RM4 billion following its selection as the second 5G network access provider, said RHB Investment Bank Bhd.

Petronas Reaches Final Investment Decision For Indonesia's Hidayah Development

KUALA LUMPUR, Jan 10 (Bernama) -- Petroliam Nasional Bhd's (Petronas) subsidiary, PC North Madura II Ltd has reached the Final Investment Decision (FID) for the development of the Hidayah field, Indonesia. 

Malaysia ASEAN: JS-SEZ Exemplifies Malaysia's Commitment To Regional Integration - Loke

KUALA LUMPUR, Jan 7 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) exemplifies Malaysia’s commitment to regional integration, particularly as the country assumes the ASEAN Chairmanship this year, said Transport Minister Anthony Loke.

Seamless Secure Authentication Main Highlight Of Maxis Mobile Identity Solution

KUALA LUMPUR, Jan 7 (Bernama) -- Maxis, Malaysia’s leading integrated telco, recently showcased its Maxis Mobile Identity solution to deliver seamless, secure, and simplified authentication experiences for mobile users.

Ace Market-bound Oriental Kopi Plans To Raise RM184 Mln From IPO

KUALA LUMPUR, Jan 6 (Bernama) -- Food and beverage (F&B) services cafe chain operator Oriental Kopi Holdings Bhd, en route to a listing on Bursa Malaysia’s ACE Market, aims to raise RM184 million through its initial public offering (IPO).

Bintulu Port Secures 12-month Extension To Operate Under Third Interim Agreement

KUALA LUMPUR, Dec 31 (Bernama) -- Bintulu Port Holdings Bhd’s wholly owned subsidiary Bintulu Port Sdn Bhd (BPSB) has signed a third interim agreement (IA) with the Ministry of Transport (MOT) and Bintulu Port Authority (BPA) to extend its operation of Bintulu Port for an additional 12 months.

Samenta Calls For Kelantan Govt To Reconsider Halal Cert Requirement For F&B Operators

KUALA LUMPUR, Dec 28 (Bernama) -- The Small and Medium Enterprises Association Malaysia (Samenta) has urged the Kelantan government to reconsider its decision to mandate halal certification for food and beverage (F&B) operators in the state. 

Rubber Market Likely To Trade Range-bound With Downside Bias Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 28 (Bernama) -- The rubber market is expected to be trading range-bound with a downside bias next week as demand seems to be sluggish during the holiday season, said industry expert Denis Low.

SC Reprimands Bybit For Operating Illegal Digital Asset Exchange

KUALA LUMPUR, Dec 27 (Bernama) -- The Securities Commission Malaysia (SC) has reprimanded Bybit Technology Ltd and its chief executive officer (CEO) Ben Zhou for operating a digital asset exchange (DAX) in Malaysia without registration.

MJets Air Buys A Freighter For US$4.6 Mln As Part Of Fleet Expansion Plan

KUALA LUMPUR, Dec 24 (Bernama) -- MJets Air Sdn Bhd, a subsidiary of MMAG Holdings Bhd (MMAG), has acquired a Boeing B737-400SF converted freighter for US$4.6 million (US$1=RM4.49) as part of its plan to expand its fleet to 13 aircraft by the end of 2025.

Insurance Industry In Limelight Due To Public Outcry Over Steep Medical Premium In 2024

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 22 (Bernama) -- A review of the insurance industry’s performance in 2024 will undoubtedly have to include the backlash faced by the insurance and takaful industry after it announced a steep hike in medical insurance premiums.

FPAM Welcomes BNM Premium Cap - Urges Long-term Healthcare Solution

KUALA LUMPUR, Dec 21 (Bernama) -- The Financial Planning Association of Malaysia (FPAM) has welcomed Bank Negara Malaysia’s (BNM) move to cap annual premium increases for medical insurance and takaful at 10 per cent.