Malaysia Aims To Move Up E&E Value Chain -- Amir Hamzah

KUALA LUMPUR, Nov 17 (Bernama) -- Malaysia’s next strategy for the electrical and electronic (E&E) and semiconductor industry is to scale up its value chain amid global trade challenges, said Finance Minister II Datuk Seri Amir Hamzah Azizan

EPF On Track For Higher Dividend Payout After Strong 9M 2025 Investment Income

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 17 (Bernama) -- The Employees Provident Fund (EPF) is on track to deliver higher dividend to its members, following its double-digit growth in investment income, according to an economist.

Thousands Of Jobs Probably Saved By Malaysia-US Agreement On Reciprocal Trade

By Mikhail Raj Abdullah

KUALA LUMPUR, Nov 16 (Bernama) -- Thousands of jobs in Malaysia will probably be saved by the Agreement on Reciprocal Trade (ART) signed between Malaysia and the United States.

Oriental To Acquire Three Hotels, To Reposition Under The Ascott

KUALA LUMPUR, Nov 8 (Bernama) -- Oriental Holdings Bhd (OHB) and its subsidiaries (collectively, OHB Group) intend to acquire Bayview Beach Resort Penang, Bayview Hotel Georgetown and Bayview Hotel Langkawi.

PNB Merdeka Ventures Makes ASEAN's Largest Corporate Sustainability Sukuk Issuance

KUALA LUMPUR, Nov 6 (Bernama) -- PNB Merdeka Ventures Sdn Bhd has completed the inaugural issuance of the Sustainability Merdeka Sukuk Wakalah under its Merdeka Sukuk Wakalah Programme of up to RM6 billion in nominal value as part of its funding diversification strategy. 

MyTech Group Diversifies Into Moneylending Business

KUALA LUMPUR, Nov 6 (Bernama) -- MyTech Group Bhd has undertaken a proposed diversification of its existing business and that of its subsidiaries (group) to include moneylending activities.

Ringgit’s Strong Run Backed By Narrowing Rate Gap, Domestic Resilience

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit is seen moving towards the 4.00 to 4.15 level against the greenback by end-2025, after registering a six per cent gain against the US dollar year-to-date, making it the top-performing Asian currency and affirming its steady trajectory.

PKNPk-Gamuda JV Inks MoU With PBAPP For Bulk Treated Water Supply To Penang

IPOH, Nov 6 (Bernama) -- Perbadanan Kemajuan Negeri Perak and Gamuda Bhd, through their joint venture (PKNPk-Gamuda JV), have inked a memorandum of understanding (MoU) with Perbadanan Bekalan Air Pulau Pinang (PBAPP) for the sale of excess treated water from the Northern Perak Water Supply Scheme (NPWSS) to Penang.

MATRADE’s US Offices To Boost Malaysia’s Export Presence

KUALA LUMPUR, Nov 4 (Bernama) -- The Malaysia External Trade Development Corporation’s (MATRADE) offices in Los Angeles, Miami and New York are well-positioned to strengthen Malaysia’s engagement in the export market. 

AM Best Assigns Excellent Credit Ratings To Indonesia’s Lippo General Insurance 

KUALA LUMPUR, Oct 30 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent), a long-term issuer credit rating of “a-” (Excellent) and the Indonesia National Scale Rating (NSR) of aaa.ID (Exceptional) to Indonesia’s PT Lippo General Insurance Tbk (LGI).

BNM, US Treasury To Continue Close Consultations On Macroeconomic, FX Matters

KUALA LUMPUR, Oct 28 (Bernama) -- Bank Negara Malaysia (BNM) and the United States (US) Department of the Treasury have agreed to continue close consultations on macroeconomic and foreign exchange (FX) matters.

US Tariff Relief Positive Step For Malaysia’s Palm Oil Industry - MPOC

KUALA LUMPUR, Oct 28 (Bernama) -- The Malaysian Palm Oil Council (MPOC) has welcomed the United States' (US) tariff exemptions for selected Malaysian products, including palm oil, under the newly concluded Agreement on Reciprocal Trade.