The Royal Award for Islamic Finance announced a global search to honour an exceptional individual in the field of Islamic finance, with the opening of nominations for the fifth recipient of the Royal Award.

The Royal Award, inaugurated in 2010 as a biennial award, is an initiative spearheaded by Bank Negara Malaysia (BNM) and the Securities Commission Malaysia (SC) to recognise Islamic finance leaders and visionaries who contribute significantly to the growth of Islamic finance globally and social progress of communities around the world.

Qatar Airways’ first non-stop flight to Penang touched down today at Penang International Airport yesterday, inaugurating the airline’s second destination in Malaysia, as it continues its robust expansion plans throughout Southeast Asia.

Qatar Airways flight QR 850, operated by a Boeing 787 Dreamliner, departed Hamad International Airport on Tuesday at 02:30 am and arrived at Penang International Airport at 14:30 on Feb 6.

Gas market reforms are critical to Malaysia’s long-term energy and economic security needs. 

The President of Malaysian Gas Association, Hazli Sham Kassim, said natural gas has always played a fundamental role in supporting Malaysia’s economic development.  

The ASEAN Insurance Council (AIC) called on industry stakeholders throughout ASEAN to take an active role in driving local and regional economic growth by funding critical infrastructure developments through private-public partnerships at the recent World Economic Forum in Davos.

The projection is that ASEAN’s infrastructure development will require as much as US$3.1 trillion in investment by 2030. Malaysia comes in fourth highest after Thailand, with a total of US$30 billion of expected annual infrastructure spending.