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MIDA Achieves Nearly Half Of RM2.5 Bln Investment Goal At IGEM 2024 As Of 2nd Day

KUALA LUMPUR, Oct 10 (Bernama) -- The Malaysian Investment Development Authority (MIDA) today unveiled seven memoranda of understanding (MoUs) with potential investments of over RM1 billion in the green sector at the International Greentech & Eco Products Exhibition & Conference 2024 (IGEM) here.

Malaysia Will Voice Its Views Without Fear Or Favour Despite Superpower Membership In BRICS

By Siti Radziah Hamzah and Anas Abu Hassan

KUALA LUMPUR, Oct 7 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim says Malaysia will continue to voice its views on global issues strongly and without fear or favour if and when it joins the BRICS group of emerging economies whose founding members include Russia and China.

Resilient Cash Flow Amid GN3 Status, Says MMAG Director

SEPANG, Oct 4 (Bernama) -- MMAG Holdings Bhd stated that it is not experiencing any cash flow issues or financial distress, despite triggering Paragraph 2.1(g) of Guidance Note 3 (GN3) of the ACE Market listing requirements.

Acquisition Of Eye Nation Helps Sunzen To Expand Into New Market

KUALA LUMPUR, Oct 2 (Bernama) -- Sunzen Biotech Bhd’s acquisition of 70 per cent equity interest in Eye Nation Medical Sdn Bhd, a company engaged in the optical medical diagnostic equipment business, will allow the group to expand into the ophthalmic industry.

MITI Commits To Sustainable Markets And Net-zero Pathway

KUALA LUMPUR, Oct 1 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will ensure industry access to sustainable markets, while improving resource efficiency, strengthening governance and supporting the country's net-zero target.

National Audit Department To Audit 2,000 GLCs Next Year

KUALA LUMPUR, Sept 30 (Bernama) -- The National Audit Department (NAD) will be auditing 2,000 government-linked companies (GLCs) beginning next year in an effort to create a new era of enhanced governance in Malaysia, said Auditor-General Datuk Wan Suraya Wan Mohd Radzi.

Global Internal Audit Standards Adoption Set To Strengthen Malaysia’s Competitive Edge

KUALA LUMPUR, Sept 30 (Bernama) -- The adoption of the refreshed Global Internal Audit Standards, set to take effect on Jan 9, 2025, is poised to bolster Malaysia’s competitiveness, according to the Institute of Internal Auditors Malaysia (IIA Malaysia). 

Govt Pledges To Elevate Governance With Digitalisation, Risk-based Auditing Initiatives -- Lim Hui Ying

KUALA LUMPUR, Sept 30 (Bernama) -- The government is committed to raising the bar for governance standards with the National Audit Department embarking on transformative projects that underscore the importance of digitalisation, risk-based auditing, and collaborative governance.

Energy Counters Drag Bursa Malaysia Lower At Midday Break As Oil Price Falls

By Karina Imran

KUALA LUMPUR, Sept 27 (Bernama) -- Bursa Malaysia fell deeper into the red at the midday break as a big drop in crude oil prices likely weighed on energy counters, said an analyst.

Key Leadership Appointments To Drive billups’ Global Expansion 

KUALA LUMPUR, Sept 26 (Bernama) -- The independent Out-of-Home (OOH) managed services agency, billups, has appointed Claudia Valderrama as Global Chief Operating Officer (COO) and Ben Milne as Chief Executive Officer (CEO) for the Asia Pacific (APAC) region, both reporting to Global CEO, David Krupp.

Hong Kong’s New Regulatory Framework To Improve Enterprise Risk Management Practices - AM Best

KUALA LUMPUR, Sept 25 (Bernama) -- Hong Kong’s new risk-based capital regulatory framework is expected to strengthen enterprise risk management (ERM) practices among the (re)insurers doing business there, according to a new AM Best report.

Bursa-listed And Large Non-listed Companies Required To Comply With NSRF: SC

KUALA LUMPUR, Sept 24 (Bernama) -- The National Sustainability Reporting Framework (NSRF) will require companies listed on Bursa Malaysia's Main and ACE Markets, along with large non-listed firms generating annual revenue of RM2 billion or more, to comply with new sustainability reporting standards.