KUALA LUMPUR, June 19 (Bernama) -- In addition to zakat, the Islamic financial system has several methods of collecting public wealth for use in purposes determined by Islamic law, according to a lecturer at a local university.
KUALA LUMPUR, June 18 (Bernama) -- The Iran-Israel conflict poses limited direct economic risk to Malaysia, given the country’s minimal trade exposure to the region and historical evidence that oil price surges linked to conflicts tend to be short-lived, according to CIMB Securities Sdn Bhd.
KUALA LUMPUR, June 16 (Bernama) -- Monsha'at, Saudi Arabia's small and medium enterprises (SMEs) general authority, led a group of five potential Saudi unicorn SMEs to participate in a recently held VivaTech 2025, Europe’s leading technology and innovation exhibition.
KUALA LUMPUR, June 4 (Bernama) -- UnionPay has announced its support for deeper regional integration through payment services across the Association of Southeast Asian Nations (ASEAN), and Gulf Cooperation Council (GCC) countries, and China, following its chairman’s participation in the ASEAN-GCC-China Economic Forum 2025 held in Kuala Lumpur, Malaysia.
KUALA LUMPUR, May 29 (Bernama) -- UEM Edgenta Bhd has secured an order book worth RM1.1 billion in the first quarter ended March 31, 2025 (1Q FY2025), bringing the company’s cumulative order book to RM9.3 billion as at March 31, 2025.
KUALA LUMPUR, May 28 (Bernama) -- Malaysia could leverage and strengthen its semiconductor industry to empower innovation in the agriculture sector, particularly in ensuring food security, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.
KUALA LUMPUR, May 28 (Bernama) -- The 2025 Global Business Complexity Index (GBCI) revealed that while regulatory complexity remains a challenge in certain regions, it is growing geopolitical and economic uncertainty that now poses the greatest threat to international business operations.
KUALA LUMPUR, May 27 (Bernama) -- Tenaga Nasional Bhd's (TNB) unit TNB Repair and Maintenance Sdn Bhd (TNB Remaco) has entered into a strategic joint venture partnership with Kuwait’s Al-Dhow Engineering General Trading and Contracting Co. WLL.
KUALA LUMPUR, May 27 (Bernama) -- Quadria Capital has announced the final close of its Fund III with US$1.07 billion in total commitments, significantly exceeding its original US$800 million target. (US$1=RM4.20)
From Kisho Kumari Sucedaram
BEIJING, May 27 (Bernama) -- As the global economic uncertainty rages on following the United States’ (US) sweeping tariffs, China sees the inaugural ASEAN-Gulf Cooperation Council (GCC)-China Summit in Kuala Lumpur today not merely as a diplomatic gathering but a pivotal moment in the rise of the Global South.
By Vikneswaran Raman
KUALA LUMPUR, May 26 (Bernama) — Malaysia has set its sights on expanding trade with the oil-rich Gulf Cooperation Council (GCC) countries after signing a joint statement to initiate negotiations on a Malaysia-GCC Free Trade Agreement (MGFTA) today.
KUALA LUMPUR, May 26 (Bernama) -- Over the past decade, Saudi Arabia’s Capital Market Authority (CMA) has steadily opened its financial markets to global investors, attracting foreign holdings of nearly 423 billion Saudi riyals by the end of 2024. (100 Saudi riyals = RM112.50)
