Etiqa Life Insurance Names Leong Su Yern As New CEO
KUALA LUMPUR, Jan 2 (Bernama) -- Etiqa Life Insurance Bhd (ELIB) has announced the appointment of Leong Su Yern as its new chief executive officer (CEO), effective Jan 1, 2025.
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Bintulu Port Secures 12-month Extension To Operate Under Third Interim Agreement
KUALA LUMPUR, Dec 31 (Bernama) -- Bintulu Port Holdings Bhd’s wholly owned subsidiary Bintulu Port Sdn Bhd (BPSB) has signed a third interim agreement (IA) with the Ministry of Transport (MOT) and Bintulu Port Authority (BPA) to extend its operation of Bintulu Port for an additional 12 months.
Private Non-financial Sector Credit Growth Up 5.2 Pct In November
KUALA LUMPUR, Dec 31 (Bernama) -- Credit to the private non-financial sector grew by 5.2 per cent in November versus 5.1 per cent in October 2024, driven mainly by higher growth in corporate bonds (3.8 per cent; October 2024: 2.6 per cent), according to Bank Negara Malaysia (BNM).
Gig Economy Expands In 2024 Amid Push For Worker Protections
KUALA LUMPUR, Dec 29 (Bernama) -- Malaysia's gig economy has continued its upward trajectory in 2024, with the number of own-account workers, including gig workers, surpassing three million as of September.
Higher Opex Under RP4 To Support TNB's Operational, Maintenance Activities - RHB IB
KUALA LUMPUR, Dec 27 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on Tenaga Nasional Bhd's (TNB) three-year Regulatory Period 4 (RP4) announcement, as the higher allowed operating expenditure (opex) could support the planning and execution of necessary operational and maintenance activities for all of the utility company's electrical infrastructure.
SC Reprimands Bybit For Operating Illegal Digital Asset Exchange
KUALA LUMPUR, Dec 27 (Bernama) -- The Securities Commission Malaysia (SC) has reprimanded Bybit Technology Ltd and its chief executive officer (CEO) Ben Zhou for operating a digital asset exchange (DAX) in Malaysia without registration.
TNB Share Rises In Early Trade On New Tariff Announcement
KUALA LUMPUR, Dec 27 (Bernama) -- Tenaga Nasional Bhd's (TNB) shares surged in early trade on Friday after announcing a new tariff schedule for Peninsular Malaysia under Regulatory Period 4 (RP4).
TNB To Ensure Reliable, Continuous Supply Via RP4
KUALA LUMPUR, Dec 26 (Bernama) -- The new tariff schedule with a base tariff of 45.62 sen per kilowatt-hour for Peninsular Malaysia under Regulatory Period 4 (RP4) is proposed to be implemented starting July 1, 2025, Tenaga Nasional Bhd said today.
Fiuu Drives Innovation, Expands Reach Amid Digital Payments Surge
KUALA LUMPUR, Dec 26 (Bernama) -- The surge in digital payment adoption during the pandemic accelerated the demand for secure and scalable solutions, and Fiuu, an online payment solution provider, was well-positioned to address this need.
Bank Islam Surpasses RM4 Bln Green Financing Target, Well Ahead Of 2025 Goal
KUALA LUMPUR, Dec 26 (Bernama) -- Bank Islam Malaysia Bhd (Bank Islam) achieved a significant milestone by surpassing its initial target of RM4 billion in green financing, achieving RM4.8 billion in September 2024, well ahead of its 2025 goal.
Capital A To Exit PN17 Status By 1Q 2025 -- Fernandes
SEPANG, Dec 23 (Bernama) -- Capital A Bhd is expected to exit Practice Note 17 (PN17) status by the first quarter of next year after submitting its proposed regularisation plan to Bursa Malaysia Securities Bhd today.
Malaysia Continues To Lead Regional Data Centre Index -- Knight Frank Malaysia
KUALA LUMPUR, Dec 23 (Bernama) -- Malaysia has been ranked first among regional peers in Southeast Asia in Knight Frank’s SEA-5 Data Centre Opportunity Index for the second consecutive year with an annual take-up of 429 megawatts (MW).