Kuala lumpur: The RM11.5 billion sukuk issued by Urusharta Jamaah Sdn Bhd (UJSB) is a continuation of an existing financial strategy, rather than a new bailout, according to economist Dr. Nungsari Ahmad Radhi. Sukuk, which are Islamic financial certif…
Kuala lumpur: Malaysia’s timber industry needs to shift from volume-based production to producing high-value products to increase competitiveness and build a Malaysian brand with its own identity, said Plantations and Commodities Minister Datuk Seri D…
Kuala lumpur: Malaysia’s electric vehicle (EV) localisation policy should bolster the domestic industry without limiting competition, consumer choice, or investor confidence, according to Penang Chief Minister Chow Kon Yeow. He emphasized the importan…
Kuala lumpur: Bank Islam Malaysia Bhd has announced the retirement of its chairman, Tan Sri Dr Ismail Bakar, effective August 22, 2026, after six years on the board. He has been serving as the bank’s chairman since August 2020.
According to BERNAMA …
Kuala lumpur: Six bank accounts belonging to Khee San Bhd’s wholly owned subsidiary, Khee San Food Industries Sdn Bhd (KSFI), have been frozen following an investigation under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawfu…
Kuala lumpur: Maybank and the Singapore Manufacturing Federation (SMF) have formalized a strategic partnership through a memorandum of understanding (MoU) to enhance access to the Johor-Singapore Special Economic Zone (JS-SEZ). This collaboration aims…