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PHB Positions Bumiputera Participation In Real Estate As Nation-building Catalyst

KUALA LUMPUR, Dec 22 (Bernama) -- Expanding bumiputera participation in commercial real estate is an important lever in Malaysia’s nation-building agenda, with Pelaburan Hartanah Bhd (PHB) acting as a key institutional platform to drive wealth creation and economic growth.

Bursa Malaysia Holds Firm On Valuations, Earnings Recovery Amid Global Turbulence

KUALA LUMPUR, Dec 21 (Bernama) -- Malaysia’s stock market rebounded and held steady towards year-end, underpinned by attractive valuations and a gradual earnings recovery, despite a turbulent global backdrop precipitated by US-imposed tariffs and a prolonged government shutdown that weighed on investor sentiment.

PNB Declares 5.75 Sen ASB Income Distribution, RM10.4 Bln Payout For FY2025

KUALA LUMPUR, Dec 19 (Bernama) -- Permodalan Nasional Bhd’s (PNB) wholly owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has declared a total income distribution of 5.75 sen per unit for Amanah Saham Bumiputera (ASB) for the financial year ending Dec 31, 2025 (FY2025).

Hong Kong’s Non-Life Insurers Sustain Profitable Underwriting - AM Best

KUALA LUMPUR, Dec 18 (Bernama) -- Hong Kong’s non-life insurance industry has shown an ability to sustain profitable underwriting over the past five years, supported by the performance in the general liability and property damage lines of business, according to a new AM Best report.

MidOcean Energy Acquires 20 Pct Stake In PETRONAS Canada Assets

KUALA LUMPUR, Dec 18 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, has completed the acquisition of a 20 per cent interest in PETRONAS’ key entities in Canada.

Malaysia's ESG Commitment Advances With Carbon Tax, ESG Reporting And Sustainability Initiatives In 2025

KUALA LUMPUR, Dec 14 (Bernama) -- The outlook for the adoption of environmental, social and governance (ESG) standards by companies in Malaysia looks highly positive next year due largely to practical policy initiatives unveiled this year, such as the carbon tax, increased ESG reporting and scaling up sustainability initiatives.

AM Best Affirms Excellent Credit Ratings Of China’s Qianhai Reinsurance

KUALA LUMPUR, Dec 12 (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 China’s Qianhai Reinsurance Co Ltd (QHR).

Perak Transit Lodges Sukuk Wakalah Programme Documents With SC

KUALA LUMPUR, Dec 8 (Bernama) -- Perak Transit Bhd has lodged the required information and relevant documents relating to its Sukuk Wakalah Programme with the Securities Commission Malaysia (SC).

PNB, GLICs To Develop 10 Bumiputera Champion Firms

KUALA LUMPUR, Dec 7 (Bernama) -- Permodalan Nasional Bhd (PNB), together with other Government-Linked Investment Companies (GLICs), is committed to driving the 10 Bumiputera Champions initiative to create 10 companies, each with a market capitalisation or enterprise value of at least RM500 million by 2030.

Moonup Technology, Shelly To Unveil Smart Building Ecosystem At Taiwan Event

KUALA LUMPUR, Dec 5 (Bernama) -- Moonup Technology Co Ltd has partnered with European smart home leader Shelly Group (Shelly) to showcase its complete smart building and home ecosystem at the 2025 Taipei Building Show, scheduled from Dec 11 to 14 at Nangang Exhibition Center.

EPF Appoints Mohamad Hafiz As CIO, Ahmad Rizal As CFO

KUALA LUMPUR, Dec 1 (Bernama) -- The Employees Provident Fund (EPF) has appointed Mohamad Hafiz Kassim as its new chief investment officer (CIO) and Ahmad Rizal Omar as chief financial officer (CFO), both effective today.

SC Selects Six Firms For Inaugural Capital Market Sandbox

KUALA LUMPUR, Nov 26 (Bernama) -- The Securities Commission Malaysia (SC) has selected six participants for the inaugural cohort of its regulatory sandbox.