Ringgit Rises Against US Dollar In Early Trading

By Siti Radziah Hamzah

KUALA LUMPUR, July 22 (Bernama) -- The ringgit appreciated against the US dollar in early trade, tracking US dollar softness as markets price in uncertainty ahead of the Aug 1 tariff decision by the United States (US).

CBH Engineering Wins RM172 Mln Data Centre Substation Contract

KUALA LUMPUR, July 17 (Bernama) -- CBH Engineering Holding Bhd’s wholly-owned subsidiary, CBH Engineering Sdn Bhd, has secured a contract to design and build an electrical supply system for a 275 kilovolt (kV)/13.8kV consumer substation for RM172 million.

US Tariffs Could Drag ASEAN-5 GDP Growth To 1.5 Pct In 2026 -- Economist

KUALA LUMPUR, July 17 (Bernama) -- ASEAN-5 gross domestic product (GDP) growth is projected to fall to just three per cent in 2025 and as low as 1.5 per cent in 2026 if knock-on effects from the United States (US) tariffs continue, said Bloomberg Southeast Asia economist Dr Tamara Mast Henderson.

PNB Named Top Malaysian Sovereign Investor, 17th Globally In Global SWF Rankings

KUALA LUMPUR, July 16 (Bernama) -- Permodalan Nasional Bhd (PNB) has been recognised as the top Malaysian sovereign investor and ranked 17th globally in the 2025 GSR (Governance, Sustainability, and Resilience) Scoreboard published by United States-based research firm Global SWF. 

MITI’s AI Chip Export Rule To Have No Impact On Data Centres -- MIDF

KUALA LUMPUR, July 15 (Bernama) -- MIDF Amanah Investment Bank Bhd believes that data centres will not be affected by the Ministry of Investment, Trade and Industry’s (MITI) latest directive on artificial intelligence (AI) chips.

From Setup To Shutdown, Sadhana Offers Turnkey Demolition And Salvage Solutions  

KUALA LUMPUR, July 13 (Bernama) -- Sadhana Demolition & Engineering Sdn Bhd could be the ideal partner for companies looking to make new investments, launching manufacturing plants, or even exiting operations in Malaysia.

OPR Cut To 2.75 Pct Will Stimulate Businesses, Maintain Nation’s Economic Resilience

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 9 (Bernama) – Bank Negara Malaysia’s (BNM) decision to cut the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent is a proactive stance to stimulate business activity, sustain domestic demand, bolster growth and maintain Malaysia’s economic resilience.

MOF To Facilitate Industries In SST Transition Period

KUALA LUMPUR, July 4 (Bernama) – The Finance Ministry (MOF) has agreed to provide transitional support to industry players during the change in the scope of the Sales and Service Tax (SST), following feedback regarding difficulties in complying with all operational requirements.

Targeted Expansion Of Scope Of SST To Control Cascading Effect Of Prices -- Amir Hamzah

KUALA LUMPUR, July 3 (Bernama) -- The expansion of the scope of the Sales and Service Tax (SST) can control the cascading effect on all goods because it is implemented in a targeted manner and not comprehensively which will burden the people, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

MoneyHero Launches Annual Awards Honouring Singapore's Best Personal Finance Products

KUALA LUMPUR, July 3 (Bernama) -- MoneyHero Limited (MoneyHero) has launched the “SingSaver Best-Of Awards”, an annual programme recognising Singapore’s top personal finance products.

RM11 Bln Deployed Under Gear-Up To Drive High-Growth Sectors - MOF

PUTRAJAYA, June 30 (Bernama) -- A total of RM11 billion has been deployed under the Government-linked Enterprises Activation and Reform Programme (GEAR-uP) as of June 30, 2025, less than a year since the initiative spearheaded by the Ministry of Finance (MOF) was launched.

Except For Apples And Oranges, Other Imported Fruits Taxable Under Expanded SST - Treasury Sec-gen

KUALA LUMPUR, June 27 (Bernama) -- Apples and oranges are exempted from the expanded Sales and Service Tax (SST) as these fruits cannot be cultivated in Malaysia and are widely consumed by the public, says Treasury secretary-general Datuk Johan Mahmood Merican.