Economic

Excess Tax Payment Refunds For 2023, 2024 Will Be Completed This Year -- PM Anwar

KUALA LUMPUR, Jan 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the government will fully settle excess tax refunds for the 2023 and 2024 assessment years this year.

E-Invoicing Implementation Postponed For A Year For Companies With Sales Of RM1 Mln To RM5 Mln

KUALA LUMPUR, Jan 5 (Bernama) -- Mandatory e-invoicing for companies with annual sales of between RM1 million and RM5 million, originally scheduled to take effect from Jan 1, 2026, has been extended by a year without any penalty being imposed.

Penang MICE Industry's Estimated Economic Impact Hit RM1 Bln In 2025

GEORGE TOWN, Jan 5 (Bernama) -- The Meetings, Incentives, Conferences and Exhibitions (MICE) industry in Penang recorded an estimated economic impact (EEI) of RM1 billion last year.

Service Tax On Rentals For MSMEs Reduced To 6 Pct – PM Anwar

KUALA LUMPUR, Jan 5 (Bernama) -- Service Tax on rentals for micro, small and medium enterprises (MSMEs) has been reduced to six per cent from eight per cent, said Prime Minister Datuk Seri Anwar Ibrahim.

Banking Sector Poised For Steady 2026 On Credit Growth, NIM Expansion -- AmInvestment Bank

KUALA LUMPUR, Jan 5 (Bernama) -- The banking sector is expected to appear steadfast in 2026 driven by sustained credit growth; net interest margin expansion; resilient non-interest income (NOII); and stable national clearing code (NCC), according to AmInvestment Bank Bhd. 

Domestic Demand, E-Commerce Boom Drive Malaysia’s Logistics Sector – Kenanga Research

KUALA LUMPUR, Jan 5 (Bernama) -- Malaysia’s logistics sector continues to fare better, supported by resilient domestic demand and e-commerce activity, despite a moderation in overall trade growth, according to Kenanga Research. 

Malaysia's Power Infra Sector Remains Constructive Into 1h 2026 -- HLIB

KUALA LUMPUR, Jan 5 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) remains constructive on Malaysia’s power infrastructure sector into the first half of 2026 (1H 2026), driven by strong order flows from Tenaga Nasional Bhd (TNB), data centres and solar. 

CT Group Unveils Landmark Projects To Advance Vietnamese Technology Globally

KUALA LUMPUR, Jan 5 (Bernama) -- CT Group recently unveiled two landmark projects, the Unmanned Aerial Vehicles (UAV) ASEAN Super Headquarter Union and ASEAN’s largest Low Altitude Economy (LAE) Center, at a launch event held at Hanoi’s Ho Guom Opera House.

Kenanga IB: Petrochemical Prices May See Short-term Upside In 2026

KUALA LUMPUR, Jan 5 (Bernama) -- Petrochemical prices in 2026 could enter a short-term bull cycle despite a weak near-term macroeconomic backdrop, according to Kenanga Investment Bank Bhd (Kenanga IB).

Foreign Investors Offload US$1.05 Bln In Asian Equities Last Week

KUALA LUMPUR, Jan 5 (Bernama) -- Foreign investors were net sellers of Asian equities for the week ended Jan 2, 2025, offloading US$1.05 billion (US$1=RM4.06) across the eight markets tracked by MBSB Investment Bank Bhd (MBSB IB).

Johor To Focus On Deepening ByteDance’s Long-term Commitment -- Onn Hafiz

JOHOR BAHRU, Jan 5 (Bernama) -- Johor continues to focus on strengthening ByteDance’s long-term commitment to the state, in line with the global artificial intelligence (AI)-based technology company’s large-scale data centre investment in Malaysia, which exceeds RM29.5 billion. 

Southeast Asia Legal Tech Emerges As Strategic Opportunity For US Market

KUALA LUMPUR, Jan 5 (Bernama) -- Rapid innovation in Southeast Asia (SEA) is transforming the global legal technology (tech) market, positioning the region as a compelling source of next-generation solutions for the United States (US) legal sector.