BNM’s International Reserves Increase To US$122.7 Bln As At Aug 29

KUALA LUMPUR, Sept 9 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) increased marginally to US$122.7 billion as of Aug 29, 2025, from US$122 billion recorded on Aug 15, 2025.

Lianson Fleet Group To Dispose Of Vessel For RM28.13 Mln

KUALA LUMPUR, Sept 8 (Bernama) -- Lianson Fleet Group Bhd’s (LFG) indirect wholly owned subsidiary, Icon Samudera (L) Inc, will dispose of a vessel to Vietnam’s Asia Investment and Asset Management Joint Stock Company for RM28.13 million.

AM Best Affirms Strong Credit Ratings For Bermuda's INPEX Insurance

KUALA LUMPUR, Sept 2 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) for Bermuda’s INPEX Insurance Ltd (IIL), with a stable outlook.

PTV 3.0 Launched, Enabling STR Recipients To Move Towards Good Financial Planning, Family Protection

KUALA LUMPUR, Sept 2 (Bernama) -- The Perlindungan Tenang Voucher (PTV) Programme, a public-private initiative by the government in collaboration with the insurance and takaful industry, enters its third phase with the launch of the Perlindungan Tenang Voucher 3.0 Programme (PTV3.0 Programme) on Sept 1.

2Q 2025 GDP Growth Driven By Government’s Centrality Approach - PM Anwar

KUALA LUMPUR, Aug 30 (Bernama) -- Malaysia's gross domestic product (GDP) growth of 4.4 per cent in the second quarter of 2025 was achieved through the government’s adoption of a centrality approach amid an uncertain geopolitical and economic environment, said Prime Minister Datuk Seri Anwar Ibrahim.

Govt In Process Of Drafting Act Related To GLCs To Improve Corporate Governance - MOF

KUALA LUMPUR, Aug 29 (Bernama) -- The government is in the process of drafting an act related to government-linked companies (SOEs) to strengthen corporate governance, increase accountability, and optimise performance, said the Finance Ministry (MOF).

Government Commits To Continuing Fiscal Reforms -- Amir Hamzah

KUALA LUMPUR, Aug 27 (Bernama) -- The government is committed to continuing fiscal reform initiatives, including the Medium-Term Revenue Strategy (MTRS), to enhance revenue collection and review public expenditure, ensuring efficiency and effectiveness.

Cross-Border Financial Integration Raises Spillover Risks - Amir Hamzah

KUALA LUMPUR, Aug 26 (Bernama) -- Financial institutions today operate across borders and legal systems, which has enabled risks and spillovers to spread rapidly, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

BNM’s International Reserves Rise To US$122 Bln As At Aug 15

KUALA LUMPUR, Aug 22 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) rose to US$122 billion as of Aug 15, 2025, up from US$121.3 billion recorded on July 31, 2025.

MRT Corp: RM16.8 Bln LRT Mutiara Line Budget Reflects Market Conditions, Not Cost Overrun 

KUALA LUMPUR, Aug 21 (Bernama) -- The revised RM16.8 billion ceiling for the LRT Mutiara Line is not an uncontrolled cost escalation but reflects market conditions over the past eight years, according to Malaysia Rapid Transit Corporation Sdn Bhd (MRT Corp).

LFG Unit To Acquire Vessel For US$13.25 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- Lianson Fleet Group Bhd’s (LFG) indirect wholly-owned subsidiary Kangsar Corporation Pte Ltd has entered into a memorandum of agreement to acquire a vessel MV Moana BAQ for a cash consideration of US$13.25 million (RM55.95 million). 

Penang’s Medtech Industry A ‘Hidden Gem’ With Strong Growth Potential

By Farhana Poniman

GEORGE TOWN, Aug 10 (Bernama) -- Penang’s medical technology (medtech) industry is rapidly emerging as one of the state’s most promising sectors, driven by strong global demand, robust local capabilities, and a well-established ecosystem.