5m ago
KUALA LUMPUR, Dec 2 (Bernama) -- 1Malaysia Development Bhd's (1MDB) debts have not been fully settled, with total financial obligations exceeding RM50 billion, said Prime Minister Datuk Seri Anwar Ibrahim.
5m ago
KUALA LUMPUR, Dec 2 (Bernama) -- Global credit rating agency, AM Best expects a significant share of losses from the deadly Hong Kong apartment fire to flow to reinsurers—a shift that could halt downward pressure on Hong Kong property reinsurance rates despite a globally softening market.
5m ago
KUALA LUMPUR, Dec 1 (Bernama) -- The Dewan Rakyat today passed the Finance Bill 2025, which details amendments to five tax acts, namely the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Labuan Business Activity Tax Act 1990, and the Petroleum (Income Tax) Act 1967.
5m ago
KUALA LUMPUR, Nov 27 (Bernama) -- The federal government's total liabilities are RM390.4 billion as of the end of June 2025 compared to RM384.8 billion at the end of 2024.
5m ago
KUALA LUMPUR, Nov 27 (Bernama) -- From the establishment of the Asset Recovery Trust Account (AA MKA) in December 2018 until Sept 30, 2025, the government has recovered RM31.2 billion (including proceeds and foreign exchange adjustments) related to 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd (SRC), said the Ministry of Finance (MOF).
5m ago
KUALA LUMPUR, Nov 26 (Bernama) -- Sabah beverage manufacturer Life Water Bhd expects stronger demand from the state’s tourism sector ahead of Visit Malaysia 2026, supported by rising arrivals and steady consumption from hotels and retail outlets.
5m ago
KUALA LUMPUR, Nov 24 (Bernama) -- The 2025 "Guangxi Brand" Xiangzhou Featured Agricultural Products Production and Sales Matching Fair was recently held at the Shenzhen Haojixing International Agricultural Products Logistics Park.
5m ago
KUALA LUMPUR, Nov 24 (Bernama) -- AM Best has affirmed South Korea’s NongHyup Property and Casualty Insurance Company Limited (NH P&C) financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent), with a stable outlook.
5m ago
KUALA LUMPUR, Nov 21 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) amounted to US$124.1 billion as at Nov 14, 2025, compared to US$123.8 billion as at Oct 31, 2025.
6m ago
KUALA LUMPUR, Nov 14 (Bernama) -- Foreign direct investment (FDI) into Malaysia posted a net inflow, jumped to RM8.5 billion in the third quarter of 2025 (3Q 2025) from RM1.6 billion in 2Q 2025, supported by larger equity injections, said the Department of Statistics Malaysia (DOSM).
6m ago
SEPANG, Nov 14 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) will activate a comprehensive action plan (CAP) starting tomorrow to enhance the reliability and resilience of the KL International Airport Aerotrain system, leveraging the remaining period of the defects liability period (DLP) to address system vulnerabilities through a structured, multi-stage approach.
6m ago
KUALA LUMPUR, Nov 7 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) amounted to US$123.8 billion as at Oct 31, 2025, compared to US$123.4 billion as at Oct 15, 2025.