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Labuan FSA DG: Info Sharing, Innovation Vital To Combat Money Laundering

LABUAN, Nov 27 (Bernama) -- Information sharing, innovation, and technology-driven compliance are the pillars of a robust anti-money laundering (AML) regime and for Labuan International Business and Financial Centre (IBFC) to be a trusted financial market, said Labuan Financial Services Authority (Labuan FSA) director-general Affendi Rashdi.

BMI: Malaysia’s 5G Adoption Set To Accelerate As U Mobile Secures RM4.3 Bln Funding

KUALA LUMPUR, Nov 27 (Bernama) -- U Mobile Sdn Bhd’s newly secured RM4.3 billion syndicated financing will help the operator accelerate 5G deployment and strengthen its position in Malaysia’s competitive market.

Malaysia’s Services Account Surplus Marks Stronger Economic Rebound -- Perdasama

By Thivyamalini Ramalu

PUTRAJAYA, Nov 27 (Bernama) -- The government’s recent achievement of a services account surplus marks a stronger momentum of recovery for Malaysia’s economy, driven by fiscal discipline, targeted subsidy measures, and more deliberate economic restructuring. 

MITI To Ensure JV Projects With Foreign Companies Make Significant Contributions

KUALA LUMPUR, Nov 26 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is committed to ensuring that every joint venture (JV) project with foreign companies makes a significant contribution to the development of local workforce capacity and competencies.

Sunway Posts Lower Net Profit Of RM338.14 mln In 3Q

KUALA LUMPUR, Nov 26 (Bernama) -- Sunway Bhd posted a lower net profit of RM338.14 million for the third quarter (3Q) ended Sept 30, 2025, compared to RM376.08 million a year earlier, due to start-up operational losses from its new hospitals in Damansara and Ipoh.

MBSB 3Q Net Profit Eases To RM95.64 Mln 

KUALA LUMPUR, Nov 26 (Bernama) -- MBSB Bhd posted a lower net profit of RM95.64 million in the third quarter of the financial year ended Sept 30, 2025 (3Q FY2025), compared to RM122.08 million a year earlier.

Chin Hin Acquires RM91 Mln Puncak Jalil Land For Landed Housing Project

KUALA LUMPUR, Nov 26 (Bernama) -- Chin Hin Group Property Bhd (CHGP), through its subsidiary Chin Hin Property (KL) Sdn Bhd (CHPKL), has acquired two parcels of 99-year leasehold land in Taman Puncak Jalil, Selangor, for RM91 million to undertake a landed residential development.

UEM Edgenta Posts 3Q Net Loss Of RM94.12 Mln 

KUALA LUMPUR, Nov 26 (Bernama) -- UEM Edgenta Bhd posted a net loss of RM94.12 million for the third quarter (3Q) ended Sept 30, 2025, compared with a net profit of RM10.23 million a year earlier, due to significant one-off, non-cash impairments of goodwill, non-current assets, and long-outstanding receivables.

Bhutan Eyes Stronger Trade Ties With Malaysia By 2027-2028

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 26 (Bernama) -- Bhutan is considering pursuing a free trade agreement (FTA) with Malaysia as it sees strong potential to expand exports by 2027 or 2028.

Johor Set To Match Last Year’s GDP Of 6.4 Pct This Year - Hasni

KUALA LUMPUR, Nov 26 (Bernama) -- Johor expects to maintain its strong economic trajectory this year, with a gross domestic product (GDP) growth of 6.4 per cent -- matching last year’s performance -- while growth for 2026 is anticipated to range between 4.8 and 6.8 per cent.

Malaysia Ranks Second In Islamic Banking Market Share Growth From 2000-2024 - Stanchart

KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia recorded a 48 per cent growth in Islamic banking market share between 2000 and 2024, placing the country second only to Saudi Arabia globally, according to a report by Standard Chartered (StanChart).

AM Best: Asia-Pacific Insurance Stability Underpinned By Mature Markets

KUALA LUMPUR, Nov 26 (Bernama) -- AM Best’s benchmarking analysis of its rated Asia-Pacific (APAC) insurance companies shows that while mature markets continue to anchor rating strength and capital adequacy, emerging markets have maintained growth and profitability despite greater volatility, reinforcing the region’s overall structural resilience.