KPMG Malaysia Appoints Foong Mun Kong As Managing Partner

KUALA LUMPUR, Jan 2 (Bernama) -- KPMG Malaysia has appointed Foong Mun Kong as managing partner effective Jan 1, 2025.

Malaysia's Economic Momentum To Continue Into 2025, GDP To Grow 6 Pct

By Nurul Jannah Kamaruddin and Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 1 (Bernama) -- Building on its strong economic performance in 2024, Malaysia is poised to maintain its growth momentum into 2025, with the gross domestic product (GDP) projected to expand by up to 6.0 per cent, said an economist.

Online Scams Hurt Investor Confidence, Seen As “Lucrative” By Syndicates

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 23 (Bernama) -- The government must intensify efforts to curb online financial scams, which, if left unchecked, will affect trade, tourism, as well as investor confidence and derail Malaysia’s zeal to emerge as a foremost investment destination.

ASEAN Chairmanship In 2025 Marks Pivotal Moment For Malaysia

By Siti Radziah Hamzah

KUALA LUMPUR, Dec 22 (Bernama) -- In less than two weeks, Malaysia will take on the ASEAN chairmanship in January 2025, marking a pivotal moment for the country.

Malaysia Reaffirms Commitment To Strengthen ASEAN-GCC Ties

SUBANG, Dec 21 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has reaffirmed Malaysia’s commitment to strengthening ASEAN-Gulf Cooperation Council (GCC) ties, highlighting the importance of cohesive engagement between member states and ensuring ASEAN remains relevant in addressing global challenges.

New Investment Incentive Framework: A Leap Towards High-Income Economy

By Zufazlin Baharuddin & Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 20 (Bernama) -- The New Investment Incentive Framework, announced in Budget 2025, marks Malaysia’s bold move to position itself as a high-income nation by prioritising high-value sectors, mainly in digitalisation and artificial intelligence (AI) within the digital economy.

Maybank’s Values-Driven Financial Services To Empower Region As Malaysia Assumes ASEAN Chairmanship

KUALA LUMPUR, Dec 20 (Bernama) -- The continuous strengthening of the ASEAN economy in the last decade showcased the true resilience of the region, coupled with promising economic prospects owing to its strategic location, diverse economies, and commitment to regional integration.

Financial Institutions Block RM302 Mln In Fraudulent, Suspicious Transactions Since Sept 2024 - Lim

KUALA LUMPUR, Dec 19 (Bernama) -- Financial institutions in the country have successfully blocked a total of RM302 million in fraudulent and suspicious transactions as of September 2024, said Deputy Finance Minister Lim Hui Ying. 

MOF: Low Instances Of Using Cryptocurrency In Money Laundering

KUALA LUMPUR, Dec 18 (Bernama) -- The Ministry of Finance (MoF) has found that instances of using cryptocurrency as a medium for money laundering in Malaysia are low.

MOF Focusing On Progressive Taxation, Sustainable Budgeting To Prioritise Critical Sectors

KUALA LUMPUR, Dec 5 (Bernama) -- The Ministry of Finance (MoF) will focus on progressive taxation to ensure fairness, sustainable budgeting to prioritise critical sectors such as education and healthcare, and responsible debt management to support development in line with the aspirations of the MADANI Economy framework.

Binastra Unit Bags RM327.74 Mln Construction Contract From Exsim

KUALA LUMPUR, Dec 3 (Bernama) -- Binastra Corporation Bhd’s wholly-owned subsidiary, Binastra Builders Sdn Bhd, has secured an RM327.74 million construction contract from Exsim Bukit Jalil City Sdn Bhd.

CPTPP: Malaysia-UK FTA Will Boost Trade And Investment - Tengku Zafrul

KUALA LUMPUR, Dec 3 -- The first comprehensive Free Trade Agreement (FTA) between Malaysia and the United Kingdom (UK), through the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), will boost trade and investment relations between both countries.