Bank Muamalat Allocates Over RM500,000 For Ramadan CSR Initiatives

KUALA LUMPUR, March 28 (Bernama) -- Bank Muamalat Malaysia Bhd has allocated over RM500,000 for corporate social responsibility (CSR) initiatives throughout Ramadan this year.  

MAHB To Pursue More Long-haul Flights From Europe This Year 

PERTH, March 27 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) is setting its sights on increasing long-haul flights, particularly from among European carriers, as Malaysia seeks to strengthen its global connectivity. 

Allianz Life Strengthens Gender Equality Efforts With #SheSecures

KUALA LUMPUR, March 27 (Bernama) -- Allianz Life Insurance Malaysia Bhd (Allianz Life) is strengthening its commitment to empowering and uplifting women by broadening its reach in Malaysia through its exclusive women’s programme #SheSecures.

EPIC Aims To Continue Expanding Renewable Energy Business

KUALA LUMPUR, March 27 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC), a subsidiary of the Terengganu state government, aims to continue expanding its renewable energy (RE) business, including the installation and maintenance of solar farms and rooftop solar projects.

Mongolian Mining Hits Record US$1.0399 Bln Revenue For  FY2024

KUALA LUMPUR, March 25 (Bernama) -- Mongolian Mining Corporation (MMC) reported its financial results for the year ending Dec 31, 2024 (FY2024) with record-high revenue of US$1.0399 billion, slightly up from US$1.038 billion in 2023. (US$1=RM4.43)

Dewan Negara Passes Supplementary Supply Bill (2024) 2025

KUALA LUMPUR, March 24 (Bernama) -- The Dewan Negara today passed the Supplementary Supply Bill (2024) 2025 authorising additional expenditure of RM20.19 billion from the Consolidated Fund for government services.

BNPL And Debt: Between Convenience And Concern

PUTRAJAYA, March 23 (Bernama) -- Consumers’ ability to repay debt from 'Buy Now, Pay Later' (BNPL) facilities is increasingly a concern, especially with the significant growth in BNPL transactions in Malaysia, thus raising concerns about the risks of high indebtedness and the importance of financial literacy.

Bintulu Port Holdings Pays RM3.6 Mln Zakat To Tabung Baitulmal Sarawak

KUCHING, March 21 (Bernama) -- Bintulu Port Holdings Bhd (BPHB) paid RM3.6 million zakat for 2024 to Tabung Baitulmal Sarawak (TBS), which is its highest zakat contribution to date.

Takaful Ikhlas Posts Highest Surplus Distribution Of RM6.3 Mln

KUALA LUMPUR, March 20 (Bernama) -- Takaful Ikhlas General Bhd, a wholly-owned subsidiary of MNRB Holdings Bhd, recorded its highest surplus distribution of RM6.3 million for the financial year ended March 31, 2024. 

LyondellBasell, Covestro Announce Permanent Closure Of Maasvlakte PO11 Unit

KUALA LUMPUR, March 19 (Bernama) -- LyondellBasell (LYB) and Covestro have jointly decided to permanently close the Propylene Oxide Styrene and Monomer (POSM) production unit (PO11) at the Maasvlakte site in the Netherlands.

Foreign Workers' EPF Contribution A Game Changer To Retain Workforce And Hire More Local Talent

By Nur Athirah Mohd Shaharuddin & Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 19 (Bernama) -- Foreign workers' mandatory Employees Provident Fund (EPF) contribution will benefit Malaysia’s economy over the long term as employers will favour hiring more local talent as costs increase.

BIMB Securities Forecasts Lower Malaysia Budget Deficit Of 3.9 Pct In 2025

KUALA LUMPUR, March 14 (Bernama) -- Malaysia’s budget deficit is forecast lower at 3.9 per cent for 2025, said BIMB Securities Sdn Bhd.