KUALA LUMPUR, Dec 12 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of China’s Qianhai Reinsurance Co Ltd (QHR).
KUALA LUMPUR, Dec 12 (Bernama) -- Oil palm smallholders are reminded not to be deceived by the sale of cheap fertilisers with low nutrient content levels, which affect yields and waste resources.
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.
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).
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.
KUALA LUMPUR, Dec 11 (Bernama) -- The United States (US) has never demanded or raised the issue of Bumiputera rights as one of the clauses in the Agreement on Reciprocal Trade (ART) between Malaysia and the US, said Deputy Minister of Investment, Trade and Industry, Liew Chin Tong.
JOHOR BAHRU, Dec 11 (Bernama) -- The 192-kilometre Gemas-Johor Bahru electrified double-tracking project, inaugurated today, marks a major achievement that demonstrates the ability of local engineers and workers to build world-class infrastructure.
KUALA LUMPUR, Dec 11 (Bernama) -- Abu Dhabi has unveiled the FinTech, Insurance, Digital and Alternative Assets (FIDA) cluster, a major new initiative aimed at accelerating next-generation financial innovation and strengthening the emirate’s role as a global capital hub.
IPOH, Dec 10 (Bernama) -- Perak has already established a substantial renewable energy (RE) base and possesses clear potential for further expansion, said Sustainable Energy Development Authority (SEDA) chief executive officer Datuk Hamzah Hussin.
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).
SHAH ALAM, Dec 10 (Bernama) -- Selangor has recorded RM2.7 billion in revenue to date, surpassing this year’s initial target of RM2.3 billion.
KUALA LUMPUR, Dec 10 (Bernama) -- A review panel under the National Mineral Council could be established to address the fragmented jurisdiction and inconsistent enforcement between federal and state authorities, hindering effective oversight of rare earth element (REE) projects.
