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Sarawak To Reshape Industrial Park Strategy To Focus On Future Industries, Low-Carbon Economy -- Abang Johari

KUCHING, Dec 13 (Bernama) -- Sarawak is prepared to reshape its industrial park development strategy with a stronger focus on future industries, high technology, and a low-carbon economy, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

First Scheduled Waste Management Facility At SOGIP Set To Create New Jobs For Sabahans

SIPITANG, Dec 13 (Bernama) -- A strategic investment of more than RM1 billion in the development of a mini scheduled waste management facility at the Sipitang Oil and Gas Industrial Park (SOGIP) here is expected to generate new employment opportunities for the people of Sabah while supporting the growth of a sustainable, safe, and competitive industrial sector.

Bursa Malaysia To Retest 1,640 Level Amid Positive Sentiment Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 13 (Bernama) -- Bursa Malaysia is expected to maintain its upward trajectory and retest the 1,640 resistance level next week, having last reached a higher level of 1,642.33 points on Dec 31, 2024.

Malaysia Has Comprehensive Legal Framework On Proliferation Financing - Task Force

KUALA LUMPUR, Dec 11 (Bernama) -- Malaysia has a comprehensive legal and regulatory framework for targeted financial sanctions (TFS)  related to proliferation financing (PF) pursuant to the United Nations Security Council Resolution (UNSCR) and its successor resolutions.

Malaysia Records 15-Fold Rise In Asset Recovery To RM37.63 Bln - Report

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.

Upgrade Of Malaysia's Illicit Finance Rating Reflects Whole-Of-Nation Effort -- BNM Governor

KUALA LUMPUR, Dec 11 (Bernama) -- The Financial Action Task Force’s move to upgrade Malaysia’s status to “Regular Follow-Up” status, the highest category under the mutual evaluation process, reflects a whole-of-nation commitment and efforts, Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour said today.

Malaysia Made Significant Achievement In 1MDB Money Laundering Probe - Watchdog

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).

Watchdog Upgrades Malaysia’s Illicit Finance Rating, Urges More Laundering Prosecutions

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.

Palm Oil Sector Well-positioned To Participate In Carbon Market -- Johari

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.

FMM Welcomes Govt’s Decision To Remove Penalty Clause In Employment Insurance System Amendment Bill

KUALA LUMPUR, Dec 11 (Bernama) -- The Federation of Malaysian Manufacturing (FMM) welcomed the government’s decision to remove the financial penalty clause from the Employment Insurance System (EIS) Amendment Bill 2025.

SEDA Identifies Solar, Hydro, Bioenergy As Key Drivers Of Perak’s Energy Transition

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.