EPF Contribution Rate For Foreign Workers Relatively Low, Says MOF

KUALA LUMPUR, Oct 22 (Bernama) -- The two per cent Employees Provident Fund (EPF) contribution rate payable by employers for non-Malaysian workers is relatively low, the Finance Ministry (MOF) said.

Govt Finalising Natural Gas Roadmap To Strengthen Energy Security -- Akmal Nasrullah

KUALA LUMPUR, Oct 22 (Bernama) -- The government is finalising the Natural Gas Roadmap (NGR) to guide the coordinated development of Malaysia’s gas sector in line with national policies and the 13th Malaysia Plan, said Economy Minister Akmal Nasrullah Mohd Nasir. 

Nine In 10 Malaysian Businesses Not Fully Prepared For AI Cyber Threats -- Synology Inc

KUALA LUMPUR, Oct 21 (Bernama) -- Nearly nine in 10 businesses in Malaysia are not fully prepared for artificial intelligence (AI)-driven cyber threats, highlighting the need to strengthen data protection and recovery capabilities as companies adopt the technology, according to Synology Inc.

NGC Energy Eyes New Markets Following Ownership Change

KUALA LUMPUR, Oct 20 (Bernama) -- NGC Energy Sdn Bhd is looking to expand into new markets and strengthen its position in Malaysia’s liquefied petroleum gas (LPG) sector following a change in ownership of Perangsang Oil & Gas Sdn Bhd (POGSB), one of its shareholders.

Gamuda, Perak State Govt Ink Deal To Implement Northern Perak Water Supply Scheme

KUALA LUMPUR, Oct 20 (Bernama) -- Gamuda Bhd today announced that an agreement to implement the Northern Perak Water Supply Scheme (NPWSS) has been signed between the State Government of Perak, Khazanah Air Perak Sdn Bhd (KAP), and Prasarana Air dan Irigasi Perak Sdn Bhd (PAIPP).

Bursa Malaysia's Key Index Ends Slightly Higher On Bargain Hunting

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 20 (Bernama) -- Bursa Malaysia’s benchmark index edged higher at the close as bargain hunting emerged following Monday’s sharp sell-off, although it narrowly failed to reclaim the 1,600 level, said an analyst.

SKA Capital To Raise RM72.3 Mln From IPO To Pursue Larger Power Infrastructure Projects

KUALA LUMPUR, Oct 20 (Bernama) -- Power infrastructure engineering solutions provider SKA Capital Bhd aims to raise RM72.3 million from its initial public offering (IPO) to strengthen its ability to undertake multiple projects concurrently and compete for larger, higher-value power infrastructure contracts.

Bank Muamalat Launches Awwal Credit Card-i, Offers Access To More Transparent, Affordable Financing

KUALA LUMPUR, Oct 20 (Bernama) -- Bank Muamalat Malaysia Bhd has launched the Awwal Credit Card-i, which offers access to financing in a more transparent, affordable and prudent manner, in accordance with Shariah principles.

Malaysia’s Inflation To Remain Manageable At 1.9 Pct In 2026 — OCBC, RHB IB

KUALA LUMPUR, Oct 19 (Bernama) -- Malaysia’s headline inflation is expected to remain manageable at 1.9 per cent in 2026.

Emulate Pahang's Low-Cost Housing Project Incorporating Solar Systems, State Govts Told

KUALA LUMPUR, Oct 19 (Bernama) -- The Federal Government has not yet introduced solar photovoltaic (PV) installation assistance specifically for the low-income group, but is encouraging state governments to provide low-cost housing equipped with solar systems.

Economic Reforms Over The Past Four Years Have Strengthened Malaysia -- PM Anwar

By Nurul Hanis Izmir

PUTRAJAYA, Oct 19 (Bernama) — Economic reform efforts implemented by the government over the past four years have helped boost the country’s economy and improve public well-being, said Prime Minister Datuk Seri Anwar Ibrahim.

AM Best Affirms China Taiping Singapore’s Excellent Ratings

KUALA LUMPUR, Oct 19 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of China Taiping Insurance (Singapore) Pte Ltd (CTPIS), with a stable outlook.