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SIRIM To Issue Certificate Of Approval For Waste Plastic Imports Effective July 1

KUALA LUMPUR, July 2 (Bernama) -- SIRIM Bhd has been mandated to be the sole inspection body and certificate of approval (COA) issuer for waste plastic imports into Malaysia, effective July 1, 2025.

Diversification Ensures Malaysia's Economy Remains Resilient

By Samantha Tan Chiew Tieng

PUTRAJAYA, July 2 (Bernama) – Malaysia remains on solid footing due to its inclusive and long-term economic strategy despite geopolitical tensions in the Middle East raising concerns over the potential closure of the Strait of Hormuz and disruptions to global energy supply.

SynVista To Invest RM235 Mln In Energy Storage Facility In Selangor, Eyes Operations In 4Q

KUALA LUMPUR, July 1 (Bernama) -- SynVista Energy Holdings Pte Ltd (SynVista Energy), a  Singapore-headquartered global leader in artificial intelligence (AI)-powered energy storage systems, is investing US$50 million (RM210 million) to establish its first energy storage manufacturing facility in Selangor.

Powerwell Accepts RM16.6 Mln Switchboard Orders For Hyperscale Data Centre Project

KUALA LUMPUR, July 1 (Bernama) -- Powerwell Holdings Bhd has accepted purchase orders (POs) worth RM16.63 million to supply switchboards and components for a hyperscale data centre project at Elmina Business Park, Selangor.

Network Outages Cost Global Firms Millions Annually - Expereo 

KUALA LUMPUR, July 1 (Bernama) -- Global businesses are facing significant financial losses due to network instability, with 28 per cent reporting revenue declines of up to US$5 million and another 23 per cent exceeding that figure, according to the latest findings from an IDC InfoBrief commissioned by Expereo. (US$1=RM4.19)

MITI Supports Young Entrepreneurs Through DEFA, ASEAN SME Academy

KUALA LUMPUR, June 28 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is actively creating more space for young entrepreneurs to thrive, in line with Malaysia’s role as ASEAN chair, said Minister Tengku Datuk Seri Zafrul Abdul Aziz.

After Apples And Oranges, MoF Announces Exemption For Beauty Services From Service Tax Expansion

KUALA LUMPUR, June 27 (Bernama) -- The Ministry of Finance (MoF) announced today that, after carefully considering public sentiment, it has decided not to proceed with the proposed expansion of the Service Tax to beauty services such as manicures and pedicures, facial services, and barbers and hairdressers.

Malaysia Pavilion At Expo 2025 Osaka Draws Over 1.5 Mln Visitors In Three Months -- MITI

KUALA LUMPUR, June 26 (Bernama) -- The Malaysia Pavilion at Expo 2025 Osaka has drawn over 1.5 million visitors in less than three months since the event opened in April, exceeding its target ahead of expectations. 

Malaysia Gains Preferential Palm Oil Market Access, Recognition Through MEEPA

KUALA LUMPUR, June 25 (Bernama) -- Malaysia has gained preferential market access and recognition for its sustainable palm oil following the signing of the Malaysia-European Free Trade Association (EFTA) Economic Partnership Agreement (MEEPA).

Geopolitical Tensions, Abrupt Airspace Closures Keep Malaysian And Global Airlines On High Alert

KUALA LUMPUR, June 25 (Bernama) -- Malaysia’s aviation sector is on high alert, prioritising safety to avoid a repeat of the downing of Malaysia Airlines flight MH17 more than a decade ago. The heightened caution follows a wave of airspace closures by Arab states after Iran launched a missile strike on a United States (US) base in Qatar.

MPBC Gathers Over 250 Members To Boost Malaysia–Pakistan Ties

KUALA LUMPUR, June 24 (Bernama) -- More than 250 members of the Malaysia–Pakistan Business Council (MPBC) gathered alongside Malaysian government agencies to foster trade and investment between the two countries.

Palm Oil Players Should Hedge, Diversify Downstream -- Economist

KUALA LUMPUR, June 24 (Bernama) -- Malaysian palm oil producers must intensify hedging efforts and expand downstream to mitigate the risk of sudden price volatility, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.