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China Market Launches Overseas Digital Mall In Malaysia, Establishing ASEAN Hub

KUALA LUMPUR, Dec 16 (Bernama) -- China Market has selected Malaysia as its ASEAN hub, bringing Chinese industrial-belt products into Southeast Asia while enabling Malaysian brands to access China through its Market Express Channel, following the official launch of the China Market Overseas Digital Mall in Malaysia.

Ringgit Continues To Climb Against Greenback Ahead Of US NFP Data

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 16 (Bernama) -- The ringgit continued its upward momentum on Tuesday, closing against the greenback at the 4.08 level ahead of the release of US nonfarm payrolls (NFP) data later tonight.

Johari Ghani Brings Extensive Corporate, Finance Experience As Investment, Trade And Industry Minister

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 16 (Bernama) -- Datuk Seri Johari Abdul Ghani, 61, the newly appointed Minister of Investment, Trade and Industry, is a seasoned politician who is expected to bring his extensive corporate and financial experience to his new portfolio.

Negeri Sembilan Unveils US$20 Bln Nilai Photonic AI Manufacturing City

SEREMBAN, Dec 16 (Bernama) -- Negeri Sembilan has announced the development of the Nilai Advanced Photonic AI Manufacturing City, the first large-scale photonic computing and semiconductor initiative of its kind in the world.

Hilton, Explora Journeys Launch Luxury Ocean Loyalty Tie-Up

KUALA LUMPUR, Dec 16 (Bernama) -- Hilton and Explora Journeys, the ultra-luxury ocean travel brand of MSC Group, have unveiled an exclusive partnership that brings high-end cruising into Hilton’s global loyalty ecosystem, marking Hilton’s first major expansion into luxury ocean travel.

South Korea Eases Discount Rate Rules For Non-Life Insurers

KUALA LUMPUR, Dec 16 (Bernama) -- The recent easing of discount rate regulations by South Korea’s financial authorities will alleviate pressure on the solvency position of the country’s non-life insurers, according to a new AM Best commentary.

Ringgit Opens Stronger At 4.08 Against The Greenback, Highest In Nearly Five Years

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 16 (Bernama) -- The ringgit surged to the 4.08 level against the US dollar at Tuesday’s opening, marking its strongest performance in nearly five years, as improved confidence in the Malaysian economy boosted demand for the local currency.

AM Best Affirms Excellent Credit Ratings of Korean Reinsurance

KUALA LUMPUR, Dec 16 (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) of Korean Reinsurance Company (KRE).

Malaysia's Gig Workers Bill 2025 Sets New Benchmark, Protects 1.2 Mln Workers

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 16 (Bernama) -- Malaysia’s gig economy performed better in 2025 than in 2024, buoyed by positive economic momentum and supportive policy measures, but the highlight is undeniably the passing of the Gig Workers Bill 2025.

Multiplex Property Group Unveils New Headquarters, Soft Launches Alamanda Heights Residence

KUALA LUMPUR, Dec 15 (Bernama) -- Multiplex Property Group strengthened its operational presence with the opening of its new headquarters in Taman Bukit Serdang, Selangor, alongside the soft launch of its latest residential development, Alamanda Heights Residence.

Ringgit Ends Firmer Vs Greenback Ahead Of Key US Data

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 15 (Bernama) -- The ringgit ended firmer against the US dollar on Monday, extending gains after hovering near the 4.09 level last week, as investors remained constructive ahead of upcoming key US data.

IRB Settles RM14.55 Bln Tax Refunds, Involving 3.47 Mln cases - Lim

KUALA LUMPUR, Dec 15 (Bernama) -- The Inland Revenue Board (IRB) has completed tax refund payments amounting to RM14.55 billion involving 3.47 million cases as of Nov 30, said Deputy Finance Minister Lim Hui Ying.