24d ago
KUALA LUMPUR, Sept 30 (Bernama) -- Evocom Bhd is seeking greater emphasis on technology, artificial intelligence (AI), smart cities and clean energy under Budget 2027, as the logistics support services company looks to expand its role in route optimisation and green logistics.
24d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Sept 30 (Bernama) --The ringgit opened lower against major currencies including the US dollar on Wednesday as weaker US consumer data weighed on investor sentiment and reduced risk appetite in the foreign exchange market.
24d ago
KUALA LUMPUR, Sept 29 (Bernama) -- Malaysia can consider establishing a national-level decumulation mechanism that converts accumulated retirement savings into lifelong income as the country prepares for an ageing population, said Singapore Central Provident Fund Board (CPFB) deputy chief executive officer (services) Wong Yan Jun.
24d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 29 (Bernama) -- A university researcher suggested that Employees Provident Fund (EPF) contributors must have at least RM100,000 in savings by the age of 55 to enable them to afford living expenses of RM780 per month after retirement.
24d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 29 (Bernama) -- The ringgit strengthened marginally against the US dollar on Tuesday, with market sentiment supported by S&P Global Ratings’ reaffirmation of Malaysia’s ‘A-’ sovereign credit rating with a stable outlook.
25d ago
KUALA LUMPUR, Sept 29 (Bernama) -- The Ministry of Transport (MOT) will be the single lead agency to approve bunkering licences and related permits starting Feb 1, 2027, said its Minister Anthony Loke Siew Fook.
25d ago
KUALA LUMPUR, Sept 29 (Bernama) -- Bank Negara Malaysia (BNM) is considering giving financial institutions more room to take on higher risks responsibly to support the energy transition, Governor Datuk Seri Abdul Rasheed Ghaffour said.
25d ago
KUALA LUMPUR, Sept 29 (Bernama) -- The proposed extension of the East Coast Rail Link (ECRL) to Rantau Panjang, Kelantan, will create new opportunities for Malaysia to strengthen regional connectivity, particularly following the opening of China's Pinglu Canal, said Transport Minister Anthony Loke Siew Fook.
25d ago
KUALA LUMPUR, Sept 29 (Bernama) -- Government-linked investment companies (GLICs) and government-linked companies (GLCs) are stepping up their role in developing the domestic economy, backed by an additional RM120 billion under the GEAR-uP initiative over 2024-2028.
25d ago
KUALA LUMPUR, Sept 29 (Bernama) -- The Transport Ministry (MOT) has proposed tax incentives under Budget 2027 to encourage more Malaysian vessels to be built and repaired locally, said Transport Minister Anthony Loke Siew Fook.
25d ago
KUALA LUMPUR, Sept 29 (Bernama) -- Malaysia aims to have six in 10 Employees Provident Fund (EPF) members on track to reach the ‘Basic Savings’ benchmark of RM390,000 by age 60 by 2030 under the Retirement Income Adequacy (RIA) Framework.
26d ago
KUALA LUMPUR, Sept 28 (Bernama) — RedPlanet Bhd aims to raise RM13.3 million through an initial public offering (IPO) ahead of its listing transfer to the ACE Market from the LEAP Market of Bursa Malaysia on Oct 22.