Newsfeed – Business News
MITI to implement new incentive framework from March 2026
KUALA LUMPUR: The government will implement the New Incentive Framework (NIF) effective March 1, 2026, beginning with the manufacturing sector and followed by the services sector in the second quarter of […]
Proton offers up to RM4,000 to replace cars aged 20 years and above
KUALA LUMPUR: Car owners with vehicles aged 20 years or older can receive incentives of up to RM4,000 to trade in and scrap their cars for a new Proton model, […]
PETRONAS to sustain domestic production at 2 MMboe/d in next three years
KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) aims to sustain domestic production at approximately two million barrels of oil equivalent per day (MMboe/d) in the next three years through continued investment in […]
U Mobile launches neutral enterprise platform to support 5G-A, AI use cases
KUALA LUMPUR: U Mobile has launched its Enterprise Innovation Platform (EIP), positioning the neutral platform as a catalyst for Malaysia’s digitalisation by enabling enterprises, SMEs, start-ups, academia and public sector […]
Pavilion REIT records higher 4Q25 earnings
PETALING JAYA: Pavilion Real Estate Investment Trust’s (Pavilion REIT) net profit for its fourth quarter ended Dec 31, 2025 (4Q25) rose to RM203.25mil from RM180.69mil in the previous corresponding quarter, […]
Sunway REIT outlook resilient buoyed by better FY25
PETALING JAYA: Sunway Real Estate Investment Trust (Sunway REIT) remains cautiously optimistic on its outlook, supported by resilient retail operations, a recovery in the hospitality segment and stable occupancy across […]
Ringgit retreats against US dollar after Fed holds rates
KUALA LUMPUR: The ringgit closed lower against the US dollar today following the United States Federal Reserve’s decision to keep interest rates unchanged, which supported the greenback. Read full story […]
Bank Negara imposes penalties on four institutions over AML/CFT compliance failures
KUALA LUMPUR: Bank Negara Malaysia (BNM) has taken four enforcement actions, with penalties and compounds imposed on two financial institutions and two firms for failures to comply with Anti-Money Laundering […]
Orkim secures contract extensions from Shell
KUALA LUMPUR: Orkim Bhd’s wholly-owned subsidiaries, Orkim Leader Sdn Bhd and Orkim Power Sdn Bhd, have entered into side letters to extend their respective existing consecutive voyage charter (CVC) contracts […]
KLCCP Stapled Group reports higher 4Q net profit
PETALING JAYA: KLCCP Stapled Group, which consists of KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust, saw its net profit for the fourth quarter ended Dec 31, 2025, […]