Sabah Floods: Banking Sector Commits To Financial Relief For Affected Customers
KUALA LUMPUR, Sept 19 (Bernama) – The banking industry has pledged wide-ranging financial relief and assistance to communities in Sabah affected by the recent floods.
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Penang Secures RM1.85 Bln In Chinese Manufacturing Investments In 1H 2025
GEORGE TOWN, Sept 19 (Bernama) -- Penang recorded RM1.85 billion in approved manufacturing investments from China in the first half of this year (1H 2025), said Chief Minister Chow Kon Yeow.
Gamuda's YTD Net Profit Rises To RM1 Bln; Posts Record-Breaking Orderbook Of RM38 Bln
KUALA LUMPUR, Sept 19 (Bernama) -- Gamuda Bhd’s year-to-date net profit has increased by 10 per cent to reach the RM1 billion mark for its financial year ended July 1, 2025 (FY2025).
CIMB Extends Payment Relief To Customers Affected By Sabah Floods
KUALA LUMPUR, Sept 19 (Bernama) -- CIMB Bank Bhd and CIMB Islamic Bank Bhd have reiterated that the CIMB flood relief assistance plan remains available to support customers affected by the recent floods in Sabah.
AM Best Withdraws New Zealand's Foundation Life Ratings Following Policy Cancellations
KUALA LUMPUR, Sept 19 (Bernama) -- Global credit rating agency, AM Best has withdrawn the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Foundation Life (NZ) Limited (FLNZ) as the company no longer holds insurance policy liabilities.
Govt Collecting State Forestry Data For FAO Submission Next Year – Johari
KUALA LUMPUR, Sept 19 (Bernama) -- The government is currently collecting forestry data from all state governments to be submitted as updated information to the Food and Agriculture Organisation (FAO) next year, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.
Kazakhstan, Malaysia Bilateral Trade Revenue To Increase To US$1 Bln
KUALA LUMPUR, Sept 18 (Bernama) -- Bilateral trade revenue for Kazakhstan and Malaysia is expected to increase significantly to US$1 billion (US$1 = RM4.19) annually in the next three to four years.
Malaysia Eyes Increasing Henan Flights In Bid To Boost Tourism, Investment
SEPANG, Sept 18 (Bernama) — Malaysia is looking at increasing the number of direct flights to and from Zhengzhou Xinzheng International Airport (CGO) in Henan, China, as part of efforts to enhance connectivity and boost tourism, trade and investment.
CIMB Sees Malaysia's Budget Deficit At 3.6 Pct Of GDP In 2026
KUALA LUMPUR, Sept 18 (Bernama) -- CIMB Investment Bank Bhd expects a budget deficit of 3.6 per cent of gross domestic product (GDP) for Malaysia in 2026, with the government revenue expanding by four per cent to RM353.3 billion in 2026.
Malaysia, China Strengthen Cargo Partnership To Drive KLIA As Leading Regional Hub
SEPANG, Sept 18 (Bernama) — Malaysia and China are strengthening regional trade through a strategic cargo partnership that positions Kuala Lumpur International Airport (KLIA) as a leading regional hub to accelerate Malaysia’s economic growth.
Sime Darby Property Launches New Logo, Reaffirms 50-Year Legacy In Property Development
KUALA LUMPUR, Sept 18 (Bernama) -- Sime Darby Property Bhd today launched a new logo, reaffirming its role as a trusted leader and nation builder with a legacy spanning over 50 years in property development.
Bank Islam Offers Financial Relief For Flood Victims
KUALA LUMPUR, Sept 17 (Bernama) -- Bank Islam Malaysia Bhd today announced financial relief measures prioritising affected micro, small and medium enterprises (MSMEs) alongside support for individual customers in flood disaster areas nationwide.