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Govt In Process Of Drafting Act Related To GLCs To Improve Corporate Governance - MOF

KUALA LUMPUR, Aug 29 (Bernama) -- The government is in the process of drafting an act related to government-linked companies (SOEs) to strengthen corporate governance, increase accountability, and optimise performance, said the Finance Ministry (MOF).

Procurement, Consumer Credit And Anti-Dumping Bills Passed Reflecting The MADANI Reform Agenda

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 29 (Bernama) -- The Dewan Rakyat ends the Second Meeting of the Fourth Session of the 15th Parliament today after sitting for 24 days, reflecting the MADANI Government's commitment to strengthen the integrity of fiscal governance, protect local industries from unfair trade practices and create more comprehensive consumer credit regulation.

Investments From BRICS Countries Hit RM8.54 Bln In 1Q 2025 -- MITI

KUALA LUMPUR, Aug 28 (Bernama) -- Malaysia has recorded increased investors’ interest and confidence from BRICS countries, with total investments approved for the first quarter of 2025 (1Q 2025) reaching RM8.54 billion, said the Ministry of Investment, Trade and Industry (MITI).

Govt Tables Procurement Bill To Strengthen Fiscal Management, Curb Leakages - PM Anwar

KUALA LUMPUR, Aug 27 (Bernama) -- The government has proposed the Government Procurement Bill 2025 as a continuation of the Public Finance and Fiscal Responsibility Act 2023 (FRA), which complements the Financial Procedure Act 1957, to further strengthen fiscal management.  

Malaysia Remains Competitive Despite New US Tariff Rates - MITI

KUALA LUMPUR, Aug 26 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has reiterated that Malaysia remains in an overall competitive position despite the new tariff rates imposed on the country by the United States.

US Yet To Offer More Details On Transhipment Activities -- MITI

KUALA LUMPUR, Aug 26 (Bernama) -- Transhipment activities have not yet been fully clarified in terms of enforcement implementation as the United States (US) has not outlined in detail the categories of such activities, said the Ministry of Investment, Trade and Industry (MITI). 

Malaysia-ARM Collaboration Expected To Deliver Return On Investment Within 10 Years

KUALA LUMPUR, Aug 26 (Bernama) – The collaboration between Malaysia and global technology company ARM Ltd is expected to yield a return on investment (ROI) within ten years, according to the Ministry of Economy.

US Tariff Reduction Not Conditional On MAS Buying 30 Boeing Aircraft - MITI

KUALA LUMPUR, Aug 26 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) has reiterated that the United States (US) tariff reduction to 19 per cent from 25 per cent was not conditional on Malaysia Airlines (MAS) purchasing 30 Boeing aircraft.

Economy Ministry Finalising List Of 27 Project Proposals Worth RM880.57 Mln In Rasah

KUALA LUMPUR, Aug 25 (Bernama) -- The Economy Ministry is studying and finalising a list of 27 new development project proposals worth RM880.57 million for Rasah, Negeri Sembilan, under the 13th Malaysia Plan (13MP).

Impact Of US Market Restrictions On Malaysian Palm Oil Expected To Be Minimal

 KUALA LUMPUR, Aug 20 (Bernama) -- The Ministry of Plantation and Commodities (KPK) expects the direct impact of the United States (US) market restrictions on the Malaysian palm oil industry to be minimal.

LHDN Refunds RM9.35 Bln In Excess Taxes To 3 Mln Taxpayers - MOF

KUALA LUMPUR, Aug 20 (Bernama) -- The Inland Revenue Board (LHDN) has issued tax refunds totalling RM9.35 billion to more than three million taxpayers as of June 30, 2025, according to the Ministry of Finance (MOF).

Malaysia Remains Committed To Reactivating D-8 Economic Cooperation - MITI

KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia remains committed to reactivating economic cooperation with member countries of the Developing Eight (D-8) through various strategic initiatives, according to the Ministry of Investment, Trade and Industry (MITI).