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EMGA Closes US$15 Mln Senior Debt Facility For CDB In Sri Lanka

KUALA LUMPUR, June 30 (Bernama) -- Emerging Markets Global Advisory LLP (EMGA) has closed a US$15 million senior debt facility for Citizens Development Business Finance PLC (CDB), marking a milestone in strengthening Sri Lanka’s financial sector and supporting sustainable growth. (US$1=RM4.06)

MIDA Inked Five MoUs With Organisations From Four Countries In 2023-2025 -- MITI

KUALA LUMPUR, June 29 (Bernama) -- The Malaysian Investment Development Authority (MIDA) signed five foreign investment-related memoranda of understanding (MoUs) with organisations from China, Saudi Arabia, Japan, and Türkiye between 2023 and 2025.

MITI, MIDA Approve RM774.4 Bln In Manufacturing Investments Between 2020 And 2025

KUALA LUMPUR, June 29 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI), together with its agency, the Malaysian Investment Development Authority (MIDA), approved 5,899 manufacturing investment projects worth RM774.4 billion between 2020 and 2025, with the potential to create 502,493 new jobs.

Nigel Wong Re-Elected MATTA President For Second Term

KUALA LUMPUR, June 29 (Bernama) -- Nigel Wong Chun Teim has been re-elected as president of the Malaysian Association of Tour and Travel Agents (MATTA) for the 2026-2029 term, marking his second term leading the association.

Nexgram Subsidiary Kicks Off RM2 Bln Neu Nexus Century City Development In Cyberjaya

PUTRAJAYA, June 29 (Bernama) -- Nexgram Holdings Bhd’s subsidiary, Neu Nexus Century City Sdn Bhd (NNCC), today kicked off the development of Neu Nexus Century City in Cyberjaya, an artificial intelligence (AI) infrastructure, energy and mixed-use development project with an estimated gross development value of RM2 billion.

Malaysia Airports Accelerates Transformation Post-Privatisation Exercise

KUALA LUMPUR, June 29 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) has accelerated its organisation-wide transformation to strengthen governance, project delivery and internal capabilities following its privatisation exercise in March 2025. 

Bank Muamalat Launches New Islamic Finance Initiatives, Empowers Women’s Well-Being, Legacy Planning

KUALA LUMPUR, June 27 (Bernama) -- Bank Muamalat Malaysia Bhd (Bank Muamalat) launched its new M-Zahra Takaful MyLadies and a Digital Faraid Calculator initiatives today, in conjunction with the Terengganu Financial Literacy Carnival 2026.

Malaysia, Switzerland Conclude Second Round Of Double Taxation Agreement Talks

KUALA LUMPUR, June 27 (Bernama) -- Malaysia's Ministry of Finance (MOF) and Switzerland's State Secretariat for International Finance have successfully concluded the second round of renegotiations of the Agreement for the Elimination of Double Taxation with Respect to Taxes on Income between the two countries.

Next Of Kin Can Check Deceased Family Members' Takaful And Insurance Coverage Via Semak Kasih

By Nurfadlina Izzati Moktar

KUALA TERENGGANU, June 27 (Bernama) -- Next of kin can now easily determine whether their deceased loved ones had family takaful or life insurance coverage through Semak Kasih, a one-stop online portal developed by the Malaysian Takaful Association (MTA) and Life Insurance Association of Malaysia (LIAM), to reconnect families with protection benefits that may otherwise remain unclaimed. 

Service Tax Exemption Eases Financial Impact On Non-residential Buildings Management - MIPFM

KUALA LUMPUR, June 26 (Bernama) -- The government’s decision to exempt Service Tax on service charges and sinking fund contributions for non-residential buildings will help ease the financial impact on the management of non-residential stratified properties, said the Malaysian Institute of Property and Facility Managers (MIPFM).

Moneysave, Labuan Chamber Of Commerce Ink MoU For RM200 Mln SME Financing Initiative

KOTA KINABALU, June 26 (Bernama) -- Moneysave (M) Sdn Bhd and the Labuan Chamber of Commerce (LCC) signed a memorandum of understanding (MoU) today to launch a RM200 million financing initiative aimed at improving access to capital for small and medium enterprises (SMEs) in Sabah and Labuan.

Zenix Aerospace Upeca Strengthens Capabilities To Support Global Supply Chain, Backs Malaysia's Ambitions

By Siti Noor Afera Abu

KUALA LUMPUR, June 26 (Bernama) -- Zenix Aerospace Upeca is strengthening its manufacturing capabilities, digitalisation efforts and workforce development as part of its long-term strategy to help elevate Malaysia’s position in the global aerospace value chain and drive sustainable industry growth.