13d ago
KUALA LUMPUR, Dec 11 (Bernama) -- Global financial crime watchdog Financial Action Task Force and Asia/Pacific Group on Money Laundering said Malaysia has recorded significant asset recovery through clear emphasis at policy and operational levels, resulting in a 15-fold increase since the 2015 mutual evaluation report, totalling RM37.63 billion in assets.
13d ago
KUALA LUMPUR, Dec 11 (Bernama) -- The complex money laundering investigations related to 1Malaysia Development Bhd (1MDB) are a significant achievement and demonstrate enhanced coordination between various law enforcement agencies (LEAs), Bank Negara Malaysia (BNM), the Financial Intelligence Unit (FIU) and the Attorney General’s Chambers (AGC).
13d ago
KUALA LUMPUR, Dec 11 (Bernama) -- Minister of Plantation and Commodities Datuk Seri Johari Abdul Ghani said the palm oil sector is well-positioned to participate in the carbon market, having already embedded sustainability and circular-economy practices across its value chain.
14d ago
KUALA LUMPUR, Dec 10 (Bernama) -- Chin Hin Group Bhd has disposed of 44.12 million ordinary shares in its subsidiary, Signature International Bhd (SIB), at an average price of RM1.36 per share for a total consideration of about RM59.99 million.
14d ago
LABUAN, Dec 10 (Bernama) -- Labuan Financial Services Authority (Labuan FSA) has issued a Guidance Note on Maqasid al-Shariah for the Labuan International Business and Financial Centre (Labuan IBFC).
14d ago
KUALA LUMPUR, Dec 10 (Bernama) -- Eco World Development Group Bhd (EcoWorld) posted a higher net profit of RM438.07 million in the financial year ended Oct 31, 2025 (FY2025) compared to RM303.54 million a year ago.
15d ago
By K. Naveen Prabu and Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Dec 9 (Bernama) -- Exempting companies with annual revenue of below RM1 million from implementing e-invoicing will ease administrative pressure on small and medium enterprises (SMEs) and allow them to focus on their core business activities, said an economist.
15d ago
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.
15d ago
KUALA LUMPUR, Dec 9 (Bernama) -- A sharp acceleration in global wealth migration in 2025 is colliding with rapidly diverging private healthcare costs worldwide, making the availability and price of reliable private care a key factor for high-net-worth families deciding where to live, invest, or secure residence and citizenship.
15d ago
KUALA LUMPUR, Dec 9 (Bernama) -- Malaysia’s technology (tech) sector continued its strong momentum in 2025, powered by rapid advances in artificial intelligence (AI) and a boom in data centre investments, amid intensifying strategic competition between the United States and China.
16d ago
KUALA LUMPUR, Dec 8 (Bernama) -- Fruit traders and importers can apply directly to the Ministry of Finance (MoF) for exemptions from Sales and Service Tax (SST) on imported fruit, the Ministry of Investment, Trade and Industry (MITI) said.
16d ago
KUALA LUMPUR, Dec 8 (Bernama) -- Companies involved in midstream and downstream production activities of Rare Earth Elements (REE) are eligible to be considered for incentives under the Promotion of Investments Act 1986, namely Pioneer Status and Investment Tax Allowance.