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FELDA’s 2022 And 2023 Annual Reports To Be Tabled In Parliament Next Year

KUALA LUMPUR, Dec 11 (Bernama) -- The Annual Report and Financial Statements of the Federal Land Development Authority (FELDA) for 2022 and 2023 will be presented and distributed in Parliament in 2026.

Ringgit Jumps To 4.10 Against Greenback, Highest In Four And A Half Years

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 11 (Bernama) -- The ringgit bounced to the 4.10 level against the US dollar at Thursday’s close, hitting a new high in four years and six months after the US Federal Reserve (Fed) cut interest rates for the third time this year, which weighed on the greenback.

Audiencerate Gains Rare Dual Status As Google Data Provider, Upload Partner

KUALA LUMPUR, Dec 11 (Bernama) -- Audiencerate, a technology company specialising in data activation solutions and platforms, has been named a Customer Match Upload Partner by Google.

Malaysia Made Significant Achievement In 1MDB Money Laundering Probe - Watchdog

KUALA LUMPUR, Dec 11 (Bernama) -- The complex money laundering investigations related to 1Malaysia Development Bhd (1MDB) are a significant achievement and demonstrate enhanced coordination between various law enforcement agencies (LEAs), Bank Negara Malaysia (BNM), the Financial Intelligence Unit (FIU) and the Attorney General’s Chambers (AGC).

Watchdog Upgrades Malaysia’s Illicit Finance Rating, Urges More Laundering Prosecutions

KUALA LUMPUR, Dec 11 (Bernama) -- Global financial crime watchdog, the Financial Action Task Force (FATF) and Asia/Pacific Group on Money Laundering (APG) in a report published today, revealed that Malaysia has further strengthened its defences against illicit finance since 2015, notably by enhancing its legal framework and supervision of financial and non-financial sectors.

Malaysia's Lonpac Insurance Credit Ratings Affirmed As Excellent - AM Best

KUALA LUMPUR, Dec 11 (Bernama) -- Global credit rating agency, AM Best has affirmed Malaysia’s Lonpac Insurance Bhd (Lonpac) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent).

Gemas-Johor Bahru Double-tracking Project Proves Capability Of Local Workforce

JOHOR BAHRU, Dec 11 (Bernama) -- The 192-kilometre Gemas-Johor Bahru electrified double-tracking project, inaugurated today, marks a major achievement that demonstrates the ability of local engineers and workers to build world-class infrastructure.

Abu Dhabi Launches FIDA Cluster To Drive Future Finance

KUALA LUMPUR, Dec 11 (Bernama) -- Abu Dhabi has unveiled the FinTech, Insurance, Digital and Alternative Assets (FIDA) cluster, a major new initiative aimed at accelerating next-generation financial innovation and strengthening the emirate’s role as a global capital hub.

Palm Oil Sector Well-positioned To Participate In Carbon Market -- Johari

KUALA LUMPUR, Dec 11 (Bernama) -- Minister of Plantation and Commodities Datuk Seri Johari Abdul Ghani said the palm oil sector is well-positioned to participate in the carbon market, having already embedded sustainability and circular-economy practices across its value chain.

Malaysia’s Digital Banking Sector Paves Way For 2025 Growth, Positive Crypto Outlook

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 11 (Bernama) -- The full rollout of all five licensed digital banks in 2025 has reshaped Malaysia’s digital finance landscape, signalling a decisive shift toward a more inclusive and technology-enabled financial ecosystem.

Fed Rate Cut Pushes Ringgit To Four-year Peak Vs Greenback

KUALA LUMPUR, Dec 11 (Bernama) -- The ringgit opened at its strongest level in more than four years against the greenback after the US Federal Reserve (Fed) cut its benchmark lending rate by 25 basis points (bps).