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Premier Abang Johari Unveils RM12.9 Bln Sarawak Budget For 2026

KUCHING, Nov 24 (Bernama) -- Sarawak Premier Tan Sri Abang Johari Tun Openg today unveiled a RM12.9 billion Budget for 2026, comprising RM7.3 billion for development expenditure and RM5.6 billion for operating expenditure.

AM Best Affirms Excellent Ratings For Meritz Fire & Marine Insurance

KUALA LUMPUR, Nov 24 (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) for South Korea’s Meritz Fire & Marine Insurance Co Ltd (Meritz), with a stable outlook.

Core HVGT Principles Retained In Updated Tax Framework

KUALA LUMPUR, Nov 24 (Bernama) -- Although the High-Value Goods Tax (HVGT) was not implemented, its core principles have been reviewed and incorporated into improvements to existing tax laws through the revised sales tax rates and the expansion of the service tax (SST) scope.

European Buyers Show No Negative Perception Over Palm Oil SAF -- Johari

JOHOR BAHRU, Nov 24 (Bernama) -- There is no negative perception among European buyers regarding the suitability of palm oil as a feedstock for sustainable aviation fuel (SAF), said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

Malaysia Eyes Larger Share Of South Korea’s Halal Food Market

SEOUL, Nov 24 (Bernama) -- Malaysia’s halal products are poised to gain a stronger foothold in South Korea’s fast-growing convenience and premium food sector, driven by rising demand for halal, organic and sustainably sourced goods.

Port Klang Joins Global Port Elite, Officially Ranked 10th Among The World’s Top Container Ports

KUALA LUMPUR, Nov 24 (Bernama) -- Port Klang has officially secured its place among the world’s Top 10 container ports in the Lloyds List of the World’s Top 100 Ports 2025, with the historic milestone being reached with the handling of 14.64 million twenty-foot equivalent units (TEUs) in 2024.

Blue Economy To Launch Sabah Into New Era Of Growth, Job Creation - Hajiji

By ROHANA NASRAH

KOTA KINABALU, Nov 23 (Bernama) -- Sabah has entered a new phase in its marine-resource-based economic transformation through the Blue Economy initiative, which is expected to have a significant impact on the state’s economic growth, including the creation of more job opportunities.

Climate Action: Investment, Technologies Critical To Safeguard Lives And Livelihoods -- PM Anwar 

JOHANNESBURG, Nov 22 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has called for decisive action that focuses on anticipatory investment, technological pragmatism and accelerated adaptation in the face of climate change.

Resilience Begins With Right Policies -- PM Anwar

JOHANNESBURG, Nov 22 (Bernama) -- Countries can withstand global shocks only when their policies are sound, aligned and ready for stress, Prime Minister Datuk Seri Anwar Ibrahim said.

Labuan Crude Oil Terminal Marks 50 Years As Malaysia’s Energy Gateway -- Hibiscus Petroleum Chairman

LABUAN, Nov 22 (Bernama) -- The Labuan Crude Oil Terminal (LCOT), one of Malaysia’s earliest and most enduring oil and gas installations, continues to stand as a symbol of national resilience and operational excellence as it celebrates its 50th anniversary, said Hibiscus Petroleum Bhd chairman Zainul Rahim.

Former Labuan IBFC Executive Chairman Iskandar Nuli Appointed MIFSA CEO

LABUAN, Nov 22 (Bernama) -- The Maldives International Financial Services Authority (MIFSA) has appointed Datuk Iskandar Mohd Nuli as its new chief executive officer, marking an important step in the Maldives’ efforts to develop a competitive international financial centre.

PM Anwar To Participate In G20 Leaders' Summit-related Meetings

From Saraswathi Muniappan

JOHANNESBURG, Nov 22 (Bernama) — Prime Minister Datuk Seri Anwar Ibrahim will participate in the Group of 20 (G20) Leaders’ Summit-related meetings on the third day of his working visit here.