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Watchdog Upgrades Malaysia’s Illicit Finance Rating, Urges More Laundering Prosecutions

KUALA LUMPUR, Dec 11 (Bernama) -- Global financial crime watchdog, the Financial Action Task Force (FATF) and Asia/Pacific Group on Money Laundering (APG) in a report published today, revealed that Malaysia has further strengthened its defences against illicit finance since 2015, notably by enhancing its legal framework and supervision of financial and non-financial sectors.

Malaysia’s Unemployment Rate To Remain At 3.0 Pct In 2025 And 2026 -- MBSB IB

KUALA LUMPUR, Dec 10 (Bernama) -- Malaysia’s unemployment rate is expected to remain at 3.0 per cent in 2025 and 2026, supported by steady employment growth and continued hiring in the domestic-oriented services sector, according to MBSB Investment Bank Bhd (MBSB IB).

Fitch's Affirmation Of Malaysia's Ratings Bolstered By Sterling Performance Across Key ESG Indicators — PM Anwar

KUALA LUMPUR, Dec 9 (Bernama) -- Fitch Ratings’ affirmation of Malaysia’s sovereign credit ratings at BBB+ with a ‘stable’ outlook is bolstered by the country’s sterling performance across key environmental, social, and governance (ESG) indicators.

2025: The Year Everything Shifted For Malaysia's Oil And Gas Sector, Momentum To Continue

KUALA LUMPUR, Dec 9 (Bernama) -- Malaysia is entering 2026 with its oil and gas sector still standing firm, but the ground beneath it is shifting faster than at any point in decades.

MED4IRN To Establish Digital Transformation Units In All Ministries – PM Anwar

KUALA LUMPUR, Dec 8 (Bernama) -- The National Digital Economy and Fourth Industrial Revolution Council (MED4IRN) has agreed to establish a Digital Transformation Unit (DTU) in every ministry and accelerate registration for MyDigital ID, Prime Minister Anwar Ibrahim said.

Compliance Cost Savings’ Goal Of 1 Pct GDP in Line With International Standards -- MPC

PUTRAJAYA, Dec 7 (Bernama) -- Malaysia’s aim to reduce compliance costs to up to 1 per cent of gross domestic product (GDP)  as part of the civil service reform agenda is in line with international standards, including those of the Organisation for Economic Co-operation and Development (OECD).

PNB, GLICs To Develop 10 Bumiputera Champion Firms

KUALA LUMPUR, Dec 7 (Bernama) -- Permodalan Nasional Bhd (PNB), together with other Government-Linked Investment Companies (GLICs), is committed to driving the 10 Bumiputera Champions initiative to create 10 companies, each with a market capitalisation or enterprise value of at least RM500 million by 2030.

Ports Set For Strong Performance This Year, But Shipping, Haulage Brace For Ongoing Challenges In 2026

KUALA LUMPUR, Dec 7 (Bernama) – Malaysia’s maritime sector is sailing towards the end of 2025 in a mixed state, with sub-sectors such as ports emerging as the strongest performers due to expansion in transshipment networks through collaborations with international partners; however, shipping and haulage remain swamped by multi-pronged challenges.

World Bank: Malaysia Shows Strong Progress In Reducing Poverty, Must Now Focus On Inclusive Growth

PUTRAJAYA, Dec 6 (Bernama) -- The World Bank has commended Malaysia for its strong progress in reducing poverty, particularly hardcore poverty, while noting that further improvements in education and health outcomes are crucial to support inclusive and equitable growth.

Basic Medical And Health Insurance Introduced In 2027 To Be A Standalone Product -- MoF

KUALA LUMPUR, Dec 4 (Bernama) -- The basic medical and health insurance (MHIT) to be introduced in early 2027 will be a standalone product and not linked to investments, according to the Finance Ministry (MoF).

Sabah’s New Ministry Cluster A ‘Strategic Inflexion Point’ For Transport Sector -- CILTM

LABUAN, Dec 3 (Bernama) -- Sabah has taken a decisive step toward modernising its transport governance via an expanded ministerial portfolio long viewed as central to the state’s economic future, said Chartered Institute of Logistics and Transport Malaysia (CILTM Sabah section) chairman Daniel Doughty.

RM326 Mln For Sarawak Agri Sector Under 2026 State Budget -- Stephen Rundi

KUCHING, Dec 2 (Bernama) -- Sarawak’s Ministry of Food Industry, Commodity and Regional Development has been allocated RM326 million under the state Budget 2026, said its minister Datuk Seri Dr Stephen Rundi Utom.