PHB Appoints Mazuki Abdullah Group Managing Director
KUALA LUMPUR, Dec 25 (Bernama) -- Pelaburan Hartanah Bhd (PHB) has appointed Mazuki Abdullah @ Muhammad as its new group managing director, effective Jan 1, 2026.
| LATEST NEWS | The EC to be informed soon on vacancies of Chuping, Bintong and Guar Sanji state seats - Perlis State Assembly Speaker | Unexpected vacancies of Chuping, Bintong and Guar Sanji state seats, following immediate cessation as party members of three PAS assemblymen - Perlis State Assembly Speaker | Mazuki replaces Pelaburan Hartanah Bhd group MD Mohamad Damshal Awang Damit, who will retire on Dec 31, 2025 | Pelaburan Hartanah Bhd appoints Mazuki Abdullah @ Muhammad as its new group MD, effective Jan 1, 2026 | |
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MARC Ratings Affirms AAA Sovereign Rating For Malaysia
KUALA LUMPUR, Dec 24 (Bernama) -- MARC Ratings has affirmed its unsolicited public information sovereign rating on Malaysia at AAA with a stable outlook based on the credit rating agency’s national rating scale.
Comprehensive Policy Needed To Uplift Labuan Economy, Says Academic
LABUAN, Dec 24 (Bernama) -- A comprehensive and forward-looking policy framework is needed to revitalise Labuan’s economy that will fully leverage its strategic location, federal territory status and established offshore financial ecosystem, said an academic.
HARMAN Acquires ZF's ADAS Business For 1.5 Bln Euros To Boost SDV Platform
KUALA LUMPUR, Dec 24 (Bernama) -- HARMAN International, a wholly owned subsidiary of Samsung Electronics Co Ltd, has entered into a definitive agreement to acquire the Advanced Driver Assistance Systems (ADAS) business of ZF Group for 1.5 billion euros, strengthening its position in the fast-evolving software-defined vehicle (SDV) market. (1 Euro = RM4.77)
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.
JPG Consolidates JPG Greenergy Ventures, Strengthens Renewable Energy Strategy
JOHOR BAHRU, Dec 23 (Bernama) — Johor Plantations Group Bhd (JPG) has enhanced its strategic position in the renewable energy (RE) sector by consolidating JPG Greenergy Ventures Sdn Bhd (JPGGV) as a wholly owned subsidiary.
Malaysia’s Leading Index Rises 3.6 Pct In October 2025 -- DOSM
KUALA LUMPUR, Dec 23 (Bernama) -- Malaysia’s leading index (LI) annual performance increased 3.6 per cent to 116.2 points in October 2025, from 112.2 in the previous corresponding month, signalling optimistic economic momentum ahead of 2026, according to the Department of Statistics Malaysia (DOSM).
EMCC Secures Approval For Four New Pawnbroking Licenses From KPKT
KUALA LUMPUR, Dec 22 (Bernama) -- Evergreen Max Cash Capital Bhd (EMCC) has secured approval from the Ministry of Housing and Local Government (KPKT) for four new pawnbroking licenses covering two outlets in Pahang, one in Kuala Lumpur, and one in Perak.
BNM’s International Reserves Rise To US$124.3 Bln As At Dec 15
KUALA LUMPUR, Dec 22 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) expanded to US$124.3 billion as at Dec 15, 2025.
SME Sentiment Index Rises To 56.8 In 2H 2025
KUALA LUMPUR, Dec 22 (Bernama) -- The Small, Medium Enterprise (SME) Sentiment Index rose to 56.8 in the second half of 2025 (2H 2025) compared to 55.1 in 1H 2025, signalling a stronger economic momentum and rising optimism across the country’s micro, small and medium enterprise (MSME) landscape.
HYCU, VSTECS Partner To Expand Data Protection In Southeast Asia
KUALA LUMPUR, Dec 22 (Bernama) -- HYCU Inc, a provider of modern data protection solutions, has entered into a distribution partnership with VSTECS, one of Asia-Pacific’s leading information and communications technology (ICT) distributors.
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).