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Redefining, Elevating Islamic Finance Can Shape More Sustainable Financial System -- BNM Governor

KUALA LUMPUR, Oct 12 (Bernama) -- Transformational shifts, driven by strong leadership, can redefine and elevate the role of Islamic finance, and shape a more inclusive and sustainable financial system, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

Malaysia’s Financial Market Outlook Remains Positive On Strong Fundamentals, Supportive Monetary Policy

By Karina Imran and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia’s financial market outlook remains positive, buoyed by strong macroeconomic fundamentals, supportive monetary policy and ongoing structural reforms aimed at driving sustainable economic growth. 

Labuan FSA Grants Conditional Approvals To Two Islamic Digital Banks Under Regulatory Sandbox

LABUAN, Oct 10 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) has granted conditional approvals to Green Digital Bank Corp and Fasset Islamic Digital Bank Ltd to operate as Islamic digital banks within the Labuan International Business and Financial Centre (Labuan IBFC).

Indonesia’s Non-Life Insurance Outlook Remains Stable - AM Best

KUALA LUMPUR, Oct 9 (Bernama) -- Global credit rating agency, AM Best has maintained its outlook on Indonesia’s non-life insurance segment at stable, citing resilient growth prospects, ongoing regulatory refinements and robust investment returns.

IBSFINtech’s InTReaX SuiteApp Earns ‘Built For NetSuite’ Status

KUALA LUMPUR, Oct 9 (Bernama) -- IBSFINtech, a global enterprise treasury technology provider, has announced its InTReaX SuiteApp has achieved the ‘Built for NetSuite’ status, signifying that the solution meets Oracle NetSuite’s highest standards for quality and compatibility.

BioInnovation Launchpad 2025 To Propel Bio Entrepreneurs To Global Market

KUALA LUMPUR, Oct 9 (Bernama) -- The BioInnovation Launchpad 2025 programme under BioXceed 2025 is expected to produce at least 10 high-potential bio-entrepreneurs capable of achieving Bio-based Accelerator (BBA) or BioNexus status, further strengthening the national biotechnology ecosystem by 2030.

Nilo Therapeutics Launches With US$101 Mln Series A Financing 

KUALA LUMPUR, Oct 9 (Bernama) -- Nilo Therapeutics, a biotechnology company, emerged from stealth today with a US$101 million Series A financing, aiming to revolutionise immunomodulation by targeting neural circuits that regulate the immune system. (US$1=RM4.21)

Niche Capital Allocates RM23.18 Mln To Advance KK Hill, Sokor Midland Gold Projects

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 8 (Bernama) -- Niche Capital Emas Holdings Bhd (NICE) plans to allocate approximately RM23.18 million or 89 per cent of the total RM26.18 million raised from its private placement exercise to advance its mining business, particularly the KK Hill and Sokor Midland projects in Kelantan.

Call For Budget 2026 To Strengthen Port Waste Management Infrastructure

KUALA LUMPUR, Oct 7 (Bernama) -- The government should allocate funds to develop and upgrade port reception facilities (PRFs) to enhance environmental compliance under the upcoming Budget 2026, said Hexagon Synergy Group, a pioneer in PRF development in Malaysia.

Malaysia Aims To Double Exports To Finland By 2030

From Zufazlin Baharuddin

HELSINKI, Oct 7 (Bernama) -- Malaysia aims to double exports to Finland by 2030 particularly in key sectors such as electronics, halal food and green construction materials.

North Atlantic Nears Completion Of Esso S.A.F. Acquisition Amid Final Price Adjustments

KUALA LUMPUR, Oct 6 (Bernama) -- North Atlantic France SAS (North Atlantic) is closing in on its acquisition of ExxonMobil France Holding SAS (ExxonMobil)’s 82.89 per cent stake in Esso Société Anonyme Française SA (Esso S.A.F.), with the final purchase price now undergoing detailed adjustments ahead of completion expected by year-end 2025.

Budget 2026: MPOB Calls For Incentives To Lift Exports, Yields, Sustainability

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 4 (Bernama) -- The palm oil industry has called for more targeted incentives and policy support under Budget 2026 to enhance export competitiveness, boost yields and productivity, and strengthen sustainability, according to the Malaysian Palm Oil Board (MPOB).