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North Atlantic Nears Completion Of Esso S.A.F. Acquisition Amid Final Price Adjustments

KUALA LUMPUR, Oct 6 (Bernama) -- North Atlantic France SAS (North Atlantic) is closing in on its acquisition of ExxonMobil France Holding SAS (ExxonMobil)’s 82.89 per cent stake in Esso Société Anonyme Française SA (Esso S.A.F.), with the final purchase price now undergoing detailed adjustments ahead of completion expected by year-end 2025.

Gov't Will Act As Regulator In Satellite Launch Pad Development - MOSTI

KUALA LUMPUR, Sept 26 (Bernama) -- The development of Malaysia’s first satellite launch pad will be privately driven, with the government acting as the regulator, said Minister of Science, Technology and Innovation (MOSTI) Chang Lih Kang.

North Atlantic Finalises Deal To Acquire ExxonMobil’s Stake In Esso S.A.F. And EMCF

KUALA LUMPUR, Sept 25 (Bernama) -- North Atlantic France SAS (North Atlantic) has entered into an agreement with ExxonMobil France Holding SAS (ExxonMobil) to acquire ExxonMobil's entire stake in Esso Société Anonyme Française SA (Esso S.A.F.) and ExxonMobil Chemical France SAS (EMCF).

Property Market Poised For Growth In 2026, Backed By Budget 2026, 13MP - Juwai IQI

KUALA LUMPUR, Sept 23 (Bernama) -- Budget 2026 is expected to strengthen Malaysia’s property market across the board through targeted subsidies, major infrastructure investments, and growth initiatives under the 13th Malaysia Plan (13MP).

Targeted RON95 Subsidies A Landmark To Narrow Fiscal Deficit, Strengthen Debt -- Economist

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 22 (Bernama) -- The rationalisation of RON95 subsidies marks a landmark in Malaysia’s structural reform journey, with the reduction in subsidy expenditure expected to help narrow the fiscal deficit and improve the government’s debt dynamics, said an economist.

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.

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.

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.

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.

ALR Aims To Diversify Revenue, Ease Congestion To Accelerate Sukuk Repayment

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 16 (Bernama) -- Amanat Lebuhraya Rakyat Bhd (ALR) aims to diversify its revenue stream and reduce traffic congestion in the short term to achieve greater business growth and expedite its RM5.5 billion sukuk repayment.

Farm Fresh Hopes Budget 2026 To Sustain Essential Spending, Refine Sugar Tax

KUALA LUMPUR, Sept 9 (Bernama) -- Johor-based dairy product specialist Farm Fresh Bhd hopes that the upcoming Budget 2026 will maintain funding to support household spending on essential goods while addressing health-related policies, such as sugar taxation.

Consumer Credit Act 2025 To Be Gazetted By Year-end

PUTRAJAYA, Sept 5 (Bernama) -- The Consumer Credit Act 2025 (RUUKP) is expected to be gazetted by the end of this year, providing a more comprehensive protection for consumers through the regulation of excessive charges and the enforcement of ethical debt collection practices.