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World Bank: Malaysia Shows Strong Progress In Reducing Poverty, Must Now Focus On Inclusive Growth

PUTRAJAYA, Dec 6 (Bernama) -- The World Bank has commended Malaysia for its strong progress in reducing poverty, particularly hardcore poverty, while noting that further improvements in education and health outcomes are crucial to support inclusive and equitable growth.

Bursa Malaysia Likely To Be Data-dependent Ahead Of FOMC Meeting Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 6 (Bernama) -- Bursa Malaysia is expected to be in a data-dependent mode as markets position ahead of the Federal Open Market Committee (FOMC) meeting on Dec 9-10, said IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan. 

SC Gives Nod To Sunway Healtcare's Bursa Main Market Listing

KUALA LUMPUR, Dec 5 (Bernama) -- The Securities Commission Malaysia (SC) has approved the proposed listing of Sunway Healthcare Holdings Bhd (SHH) on the Main Market of Bursa Malaysia Securities Bhd.

AM Best Affirms Excellent Ratings For Bermuda’s NEWGT Reinsurance

KUALA LUMPUR, Dec 5 (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 Bermuda’s NEWGT Reinsurance Company Ltd (NEWGT).

IILM Concludes 2025 With US$1.365 Bln Short-term Ṣukuk Reissuance

KUALA LUMPUR, Dec 5 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has reissued a total of US$1.365 billion short-term sukuk across four tenors, in its final auction for 2025.

FELDA Proposes Establishing National Taskforce To Develop Oil Palm Carbon Credit Framework

GENTING HIGHLANDS, Dec 5 (Bernama) -- The Federal Land Development Authority (FELDA) has proposed the establishment a national task force led by the Ministry of Natural Resources and Environmental Sustainability to ensure that Malaysia develops a robust, transparent, and internationally recognised framework for oil palm-based carbon credits.

Shariah Compliance Aspects Of BNPL Need Deeper Examination - AKPK

KUALA LUMPUR, Dec 5 (Bernama) -- The contract structure and operations of companies offering ‘Buy Now Pay Later’ (BNPL) services need to be examined carefully to obtain a clear picture of the Shariah compliance status of such transactions.

Palm Oil Sector Could Drive Malaysia’s Net-Zero Emissions Goals -- MPOB

GENTING HIGHLANDS, Dec 5 (Bernama) -- The palm oil sector could be a major contributor towards Malaysia’s goal of achieving net-zero emissions by 2050, rather than a liability, as mature oil palm plantations sequester substantial amounts of carbon dioxide (CO2).

Geohan Sets Sights On Singapore To Drive Regional Growth

KUALA LUMPUR, Dec 5 (Bernama) -- Geohan Corporation Bhd is prioritising its expansion into Singapore as it strengthens its regional presence following its Main Market debut.

Basic Medical And Health Insurance Introduced In 2027 To Be A Standalone Product -- MoF

KUALA LUMPUR, Dec 4 (Bernama) -- The basic medical and health insurance (MHIT) to be introduced in early 2027 will be a standalone product and not linked to investments, according to the Finance Ministry (MoF).

Knowledge Dimension Of Islamic Financial Literacy Has Room For Improvement - Survey

KUALA LUMPUR, Dec 4 (Bernama) -- The Malaysian public still lacks an in-depth understanding of the technical aspects and principles related to Islamic finance, according to the 2025 Islamic Financial Literacy Index survey.

Govt Urged To Provide Green Financing Incentives To MSMEs -- Senator

KUALA LUMPUR, Dec 4 (Bernama) -- The government is urged to provide green financing incentives to micro, small and medium enterprises (MSMEs) to promote the country’s transition towards decarbonisation, said Senator Datuk Ng Keng Heng.