LATEST NEWS   Perlis Menteri Besar Mohd Shukri handed his resignation letter to the Raja of Perlis, Tuanku Syed Sirajuddin Jamalullail, this afternoon | Mohd Shukri Ramli announced his resignation as Perlis Menteri Besar due to health factors | 

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Gold Holds Value, Serves As Household Economic Shield

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 25 (Bernama) -- For most Malaysian households, surging global gold prices are more than a tale of market speculation. They act as a financial safeguard, as the value of jewellery and accumulated gold holdings rises, easing household pressures and strengthening family resilience amid the rising cost of living.

Advancecon Appoints Phum Boon Eng As New Managing Director

KUALA LUMPUR, Dec 24 (Bernama) -- Advancecon Holdings Bhd has appointed Phum Boon Eng as its new managing director, effective Dec 22, 2025, marking a key milestone in the group’s leadership renewal and long-term succession planning.

Tiankai Square Hits 201 Patents, Boosting Innovation Hub

KUALA LUMPUR, Dec 24 (Bernama) -- As of December 2025, Tiankai Square, the core area of Tiankai Higher Education Innovation Park operated by Tianjin Tiankai Development Group Co Ltd, has generated a total of 201 independent invention patents, marking a milestone in its development as a leading hub for technological innovation.

KPF Processes Share Capital Withdrawal Applications Totalling RM909.85 Mln From 2020-2025

KUALA LUMPUR, Dec 23 (Bernama) -- Koperasi Permodalan Felda Malaysia Bhd (KPF) has processed applications for the withdrawal of share capital amounting to RM909.85 million from 2020 to 2025, with full payments totalling RM543.6 million made for the years 2020 to 2023.

Modon Enters Jersey City Waterfront Tower Joint Venture

KUALA LUMPUR, Dec 23 (Bernama) -- Modon Holding PSC (Modon) has announced a new joint venture to develop Harborside 4, a 54-storey residential tower on one of the last prime waterfront sites in downtown Jersey City, New Jersey, United States (US), marking a further step in the group’s global expansion strategy.

PKNS FMI Launches Inaugural Sustainability Report

By Nadia Jumri

SHAH ALAM, Dec 23 (Bernama) -- PKNS FM Integrated Sdn Bhd (PKNS FMI) has released its inaugural Sustainability and Environmental, Social, and Governance (ESG) report, which outlines the company’s sustainability-related performance and initiatives for the period from Jan 1, 2024 to May 30, 2025.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia ended the morning session lower, weighed down by continued selling in selected heavyweights amid upbeat regional market sentiments.

AM Best Revises Hong Kong’s Min Xin Insurance Outlook To Positive

KUALA LUMPUR, Dec 22 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating of B++ (Good) and a long-term issuer credit rating of “bbb+” (Good) of Hong Kong’s Min Xin Insurance Company Limited (MXIC).

EIG Acquires 49.87 Pct Stake In Peru Gas Pipeline Operator TgP

KUALA LUMPUR, Dec 22 (Bernama) -- EIG, an institutional investor in the global energy and infrastructure sectors, has acquired a 49.87 per cent equity stake in Transportadora de Gas del Perú S.A. (TgP) from Canada Pension Plan Investment Board via its managed investment vehicles.

TNB Introduces Two Senior Leadership Roles To Enhance Governance

KUALA LUMPUR, Dec 22 (Bernama) -- Tenaga Nasional Bhd (TNB) has appointed Mahathir Nor Ismail as senior chief network officer (SCNO) and Datuk Muhamad Nazri Pazil as senior chief strategy and sustainability officer (SCSSO), effective Jan 1, 2026, following the creation of the two senior leadership roles.

Transition Of MASwings Operations To AirBorneo Effective Jan 1, 2026

KUALA LUMPUR, Dec 22 (Bernama) -- The transition of MASwings operations to AirBorneo will take effect on Jan 1, 2026, following the completion of the ownership transfer process under the sale and purchase agreement (SPA) signed between Malaysia Aviation Group (MAG) and the Sarawak government on Feb 12, 2025.

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.