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Malakoff Marks 50 Years Of Powering Malaysia’s Energy Security And Transition

By K.Naveen Prabu

KUALA LUMPUR, Aug 28 (Bernama) -- From its first steps in Malaysia’s power industry to becoming the country’s largest Independent Power Producer (IPP), Malakoff Corporation Bhd is entering its 50th year in 2025 as both a backbone of energy security and a key player in the shift towards renewable energy.

APEC Economies Agree On Closer Cooperation In Creative And Cultural Industries

By Farhana Poniman

GYEONGJU, Aug 27 (Bernama) -- Ministers and high-level representatives from APEC economies have released a joint statement affirming their commitment to continued collaboration in the cultural and creative sectors. 

Sime Darby Posts RM2.06 Bln Net Profit For FY2025

KUALA LUMPUR, Aug 27 (Bernama) -- Sime Darby Bhd recorded a lower net profit of RM2.06 billion for the financial year ended June 30, 2025 (FY2025), a decrease of 37.7 per cent from the RM3.31 billion last year, due to the absence of a one-off RM2 billion gain from the sale of its healthcare business.

Government Commits To Continuing Fiscal Reforms -- Amir Hamzah

KUALA LUMPUR, Aug 27 (Bernama) -- The government is committed to continuing fiscal reform initiatives, including the Medium-Term Revenue Strategy (MTRS), to enhance revenue collection and review public expenditure, ensuring efficiency and effectiveness.

Overall Impact Of SST Implementation On Households Estimated To Be Low And Manageable -- Lim

KUALA LUMPUR, Aug 26 (Bernama) -- The overall impact of the Sales and Service Tax (SST) implementation on households is estimated to be low and manageable, based on early Ministry of Finance (MOF) projections, said Deputy Finance Minister Lim Hui Ying.

Malaysia Must Act Now To Lead As Regional Hub For Next-Gen Semiconductors - Amir Hamzah

KUALA LUMPUR, Aug 25 (Bernama) -- Malaysia must take decisive steps now to lead as the region’s hub for the next-generation semiconductors, with global revenues projected to exceed US$1 trillion (US$1=RM4.20) by 2030, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Malaysia Must Act Now To Lead As Regional Hub For Next-Gen Semiconductors - Amir Hamzah

KUALA LUMPUR, Aug 25 (Bernama) -- Malaysia must take decisive steps now to lead as the region’s hub for the next-generation semiconductors, with global revenues projected to exceed US$1 trillion (US$1=RM4.20) by 2030, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Malaysia Can Boost Exports To Russia, EU, Iran Via Direct Overland Rail Link With Kazakhstan - Envoy

KUALA LUMPUR, Aug 19 (Bernama) – The railway authorities of Kazakhstan and Malaysia are looking to develop a direct trade logistics rail link to enable increased trade between both countries.

Iran-Israel Conflict Triggered Surge In Global Oil Prices -- MITI

KUALA LUMPUR, Aug 18 (Bernama) --  The Ministry of Investment, Trade and Industry (MITI) said the recent Iran-Israel armed conflict led to a surge in global oil prices, which in turn increased the cost of raw materials and logistics.

Malaysia’s Manufacturing Sector Poised For Growth With Right Partnerships & Policies -- PM Anwar

PETALING JAYA, Aug 18 (Bernama) -- Malaysia’s manufacturing sector is poised to thrive in this new era with the right partnerships and policies, and ASEAN’s leadership providing the platform for growth.

Kemaman Port Needs Updating, Sandakan Joins ASEAN Liberalisation -- MOT

KUALA LUMPUR, Aug 18 (Bernama) – The Ministry of Transport (MOT) has requested that Kemaman Port Consortium update and submit its development proposal for Kemaman Port, in line with the port development plan and concession agreement.

Petronas Ownership Remains Under Federal Govt, Steps Taken To Enhance Participation Of States -- Azalina

KUALA LUMPUR, Aug 14 (Bernama) -- The ownership of Petroliam Nasional Bhd (Petronas) remains with the federal government, although steps were taken to enhance the participation of states through strategic collaboration platforms, joint project implementation, and involvement in the value chain, said Minister in the Prime Minister’s Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said.