LATEST NEWS   No reason for refined sugar price to increase because sugar refining companies such as MSM Malaysia Holdings Bhd continue to receive monthly incentives to ensure stability of supply and prices. - MOF | Sugar refiners and manufacturers may apply for tax exemption from the Royal Malaysian Customs Department – Finance Ministry | Refined white sugar will remain tax-exempt under the revised SST effective July 1 2025 -- Finance Ministry | KL High Court grants a DNAA to Najib over money laundering charges involving RM27 million from SRC International Sdn Bhd | Anwar acknowledges GST is efficient and transparent, but says it is not yet suitable to implement because the people's income threshold is still too low. | 

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AkzoNobel Launches New R&D Centre In Nilai

SEREMBAN, June 19 (Bernama) -- AkzoNobel has launched its research and development (R&D) centre in Nilai, reinforcing its long-term commitment to innovation, sustainability and growth in the Southeast Asian region.

Malaysia Sharpens Its Focus On Becoming Regional Aerospace And Shipbuilding Hub

By Zarul Effendi Razali

KUALA LUMPUR, June 20 (Bernama) -- Malaysia is sharpening its focus on becoming a regional aerospace and shipbuilding hub, banking on high value investment, technical capability and geostrategic positioning to elevate its industrial profile over the next decade.

Malaysia’s Timber Exports May Gain Edge Due To Higher US Tariffs On Competitors – FRIM Director

By Fatin Umairah Abdul Hamid and K Naveen Prabu

KUALA LUMPUR, June 20 (Bernama) -- Malaysia’s timber exports may gain a competitive edge in the American market due to higher tariffs imposed on regional rivals such as Vietnam and Indonesia.

Malaysia Well-positioned To Develop Islamic Finance Market Space - Affin Bank

By Suraidah Roslan

KUALA LUMPUR, June 19 (Bernama) -- Malaysia is well-positioned to develop the Islamic finance market space and be a hub for liquidity pooling, supported by growing demand in Islamic secure funding, said Affin Bank executive director of group treasury Hanif Ghulam.

Taiwan Expo 2025 To Showcase AI Innovations From 32 Taiwanese Companies

KUALA LUMPUR, June 19 (Bernama) -- The upcoming Taiwan Expo 2025 to be held from June 23-25 at the Kuala Lumpur Convention Centre will have 32 Taiwanese artificial intelligence (AI) companies presenting their latest technologies across various sectors.

Wide Agro Ventures, Japan’s Orec To Invest RM30 Mln In Perak Production Hub

KUALA LUMPUR, June 19 (Bernama) -- Wide Agro Ventures Sdn Bhd has partnered with Orec Co Ltd, a company headquartered in Fukuoka, Japan, to establish a new state-of-the-art production facility and distribution centre at Seri Iskandar Industrial Park, Perak with an initial investment of RM30 million.

DPM Fadillah To Visit Uzbekistan, Russia To Bolster Ties And Explore Tie-ups In Energy, High Tech

KUALA LUMPUR, June 19 (Bernama) – Deputy Prime Minister Datuk Seri Fadillah Yusof will visit Uzbekistan and Russia beginning this Friday to enhance bilateral economic relations, as well as explore tie-ups in the energy and high technology sectors.

Cut Red Tape, Dismantle Non-Tariff Barriers To Unlock Full Potential Of Sub-Regional Groupings – Economists

By Nur Athirah Mohd Shaharuddin & Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, June 19 (Bernama) -- ASEAN needs to double down on streamlining regulations and cutting red tape, including harmonising customs procedures, to unlock the full potential of sub-regional groupings.

JS-SEZ Key To Johor’s Rise As Regional Innovation And Investment Hub

ISKANDAR PUTERI, June 18 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) is emerging as a cornerstone of Johor’s transformation into a next-generation regional powerhouse, with the state offering a compelling value proposition to global investors in artificial intelligence (AI), data centres and high-value industries.

MDEC Plays Leading Role In Johor's Aspiration To Become Asia's Digital Hub

ISKANDAR PUTERI, June 18 -- The Malaysia Digital Economy Corporation (MDEC) plays a leading role in realising Johor’s aspiration to become Asia’s digital hub through various strategic initiatives and inter-agency collaborations.

Kuka Robotics To Boost Automation, Robotics In Malaysia, Southeast Asia With New Penang Branch

BATU KAWAN, June 18 (Bernama) -- Kuka Robot Automation (M) Sdn Bhd (Kuka Robotics Malaysia) reinforces its commitment to advancing industrial automation and robotics innovation in Malaysia and Southeast Asia with the launch of its new branch in Penang here today.

Tellus Power Forms Joint Venture To Launch EV Charging Manufacturing In UAE

KUALA LUMPUR, June 18 (Bernama) -- Global electric vehicle (EV) charging solutions provider, Tellus Power Globe Holding Limited (Tellus Power) has signed a joint venture agreement with BinHendi Holding and SFE Group to establish one of the first EV charging equipment manufacturing companies in the Middle East.