Transboundary Haze: Beyond The Hotspots And Palm Oil Debate

By Nurul Hanis Izmir

PUTRAJAYA, Sept 20 (Bernama) -- The return of the haze across parts of Malaysia has once again brought forest and land fires in the region into focus.

Bursa Malaysia Opens Lower Amid High Oil Prices, AI Uncertainty

KUALA LUMPUR, Sept 15 (Bernama) -- Bursa Malaysia’s key index opened lower on Tuesday after closing at an intraday high on Monday, weighed down by elevated crude oil prices and US bond yields, while a dispute over artificial intelligence (AI) development added to market uncertainty.

SC Developing Sukuk Prisma SDG To Fund Climate Adaptation, Resilience

KUALA LUMPUR, Sept 13 (Bernama) -- The Securities Commission Malaysia (SC) is developing a new shariah-based framework, known as Sukuk Prisma SDG, to facilitate non-ringgit sukuk issuances that support climate adaptation, resilience and other national sustainable development priorities.

PNB Invests Nearly RM570 Mln Since 1996 To Develop Malaysia's Talent

KUALA LUMPUR, Sept 10 (Bernama) -- Permodalan Nasional Bhd (PNB) has invested nearly RM570 million in education since 1996 through its PNB Scholarship Programme to develop talent that can contribute to the country's progress.

PNB Launches Second US$300 Mln Secured Exchangeable Sukuk

KUALA LUMPUR, Sept 9 (Bernama) -- Permodalan Nasional Bhd (PNB) has launched its second US$300 million secured exchangeable sukuk to optimise its portfolio through innovative capital market solutions.

Smallholder Support Key To Strengthening Agri-Commodity Value Chain -- Noraini

PUTRAJAYA, Sept 8 (Bernama) -- Support for smallholders must progress in tandem with efforts to strengthen the entire agri-commodity value chain to ensure that industry growth also benefits these groups, said Plantation and Commodities Minister Datuk Seri Dr Noraini Ahmad. 

Bumiputera Companies’ GDP Contribution Target To Be Reviewed -- Akmal Nasrullah

KUALA LUMPUR, Sept 7 (Bernama) -- The target to increase the contribution of Bumiputera micro, small and medium enterprises (MSMEs) from 15 per cent to potentially double by 2035 will be reviewed in greater detail at the end of this year or early next year, said Economy Minister Akmal Nasrullah Mohd Nasir.

AM Best Sees Steady Prospects For China’s Non-Life Insurance

KUALA LUMPUR, Sept 7 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on China’s non-life insurance segment, citing improved regulatory oversight, new growth opportunities and ongoing digitalisation and innovation.

Malaysia Needs Managed Energy Transition That Recognises Current Realities And Long-term Ambitions - Minister

KUALA LUMPUR, Sept 3 (Bernama) -- Malaysia needs a managed energy transition that recognises both its current realities and long-term ambitions, Minister of Economy  Akmal Nasrullah Mohd Nasir said today. 

Govt’s RM11.5 Bln Sukuk Issuance Strengthens TH Cash Flow -- Nurhisham

KUALA LUMPUR, Sept 3 (Bernama) -- The issuance of sukuk worth RM11.5 billion is not a new bailout for Lembaga Tabung Haji (TH), but rather a refinancing process that provides the institution with the advantage of continuous cash flow. 

AirAsia’s US$1 Bln Fundraising To Refinance Debt, Strengthen Balance Sheet

KUALA LUMPUR, Sept 2 (Bernama) -- AirAsia Group Bhd has clarified that its planned fundraising exercises, comprising up to US$1 billion (US$1=RM4.04) in international debt markets and RM700 million in local credit facilities, are primarily targeted at debt restructuring or refinancing and balance sheet consolidation, rather than purely funding operational shortfalls.

PHB Expands AHB Fund With 400 Mln New Units

KUALA LUMPUR, Sept 2 (Bernama) -- Pelaburan Hartanah Bhd (PHB) has announced the issuance of 400 million new units of Amanah Hartanah Bumiputera (AHB) for subscription by Bumiputera investors, raising the fund’s total units to 5.4 billion.