5d ago
KUALA LUMPUR, Oct 23 (Bernama) -- The government’s higher RM16 billion allocation for Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA), along with the personal income tax measure under Budget 2027, is expected to sustain household consumption and support retail sector earnings, particularly among essential goods and value retailers.
5d ago
By Mikhail Raj Abdullah
KUALA LUMPUR, Oct 23 (Bernama) -- Staying true to Prime Minister Datuk Seri Anwar’s promise made more than three years ago, the government has expedited the implementation of flood mitigation projects to ease the burden and financial hardship inflicted on victims almost seasonally by this natural disaster.
5d ago
KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia opened lower on Friday, tracking weaker overnight performance on Wall Street.
5d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 23 (Bernama) -- Healthier beverage formulations can cost approximately five to 10 per cent more to manufacture, but Orgabio Holdings Bhd sees opportunities in the segment as brand owners explore products that cater to evolving consumer preferences.
5d ago
KUALA LUMPUR, Oct 22 (Bernama) -- The Ministry of Economy has called on industry players to submit policy recommendations on energy storage, the hydrogen economy and smart grid deployment to advance Malaysia’s energy transition.
5d ago
KUALA LUMPUR, Oct 22 (Bernama) -- The remaining net financial burden borne by the government in relation to 1Malaysia Development Bhd (1MDB) is estimated at RM20.1 billion, assuming no further recovery of funds or assets in the future.
5d ago
KUALA LUMPUR, Oct 22 (Bernama) -- The government has allocated RM1 billion to Urusharta Jamaah Sdn Bhd (UJSB) for the early redemption of sukuk in 2027, thereby strengthening the cash flow of Lembaga Tabung Haji (TH).
5d ago
KUALA LUMPUR, Oct 22 (Bernama)-- Zetrix AI Bhd has confirmed that no payment default has occurred as of today's announcement, amid a potential covenant breach under its sukuk wakalah programme valued at up to RM2 billion.
5d ago
KUALA LUMPUR, Oct 22 (Bernama) -- Malaysia has retained its position as the world's most developed Islamic finance market in the 2026 Islamic Finance Development Indicator (IFDI) report for the 14th consecutive year, amid nine per cent growth in the global Islamic finance market to US$6.5 trillion (US$1 = RM4.07).
5d ago
KUALA LUMPUR, Oct 22 (Bernama) -- Repayment deferments have since been extended to victims affected by the recent floods along the Nepal-China border, Bank Negara Malaysia (BNM) said.
5d ago
KUALA LUMPUR, Oct 22 (Bernama) -- Harbour-Link Group Bhd’s 85 per cent-owned subsidiary Harbour-Link Lines Sdn Bhd has entered into two separate sale and purchase agreements with Sapor Shipbuilding Industries Sdn Bhd to acquire two vessels worth RM56.68 million.
5d ago
KUALA LUMPUR, Oct 22 (Bernama) -- Taiwan’s CTBC Bank has won three awards at The CorporateTreasurer Awards 2026 in Singapore, including Best for FX/Hedging Solutions – North Asia, marking its fifth recognition from the publication.