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MITI Updates Manufacturing Incentive Framework To Boost Economic Complexity – Tengku Zafrul

KUALA LUMPUR, Aug 22 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is updating its investment incentive framework for the manufacturing sector, to ensure it is aligned with intended outcomes. 

Malaysia To Transition To Value Creation-based Economy Under 13MP - Amir Hamzah

KUALA LUMPUR, Aug 21 (Bernama) -- Malaysia needs to shift to a value creation-based economy by increasing economic diversification in order to raise the ceiling of national growth, according toi Finance Minister II Datuk Seri Amir Hamzah Azizan.

Dayang Enterprise 2Q Net Profit Falls To RM76.64 Mln

KUALA LUMPUR, Aug 21 (Bernama) -- Dayang Enterprise Holdings Bhd’s (Dayang) net profit for the second quarter ended June 30, 2025 (2Q 2025) slipped to RM76.64 million from RM131.43 million in 2Q 2024.

Binastra Secures RM132 Mln Piling Works Contract In Johor

KUALA LUMPUR, Aug 21 (Bernama) -- Binastra Corporation Bhd’s wholly owned subsidiary Binastra Builders Sdn Bhd has accepted a contract worth RM132.0 million from Exsim Lumba Kuda Sdn Bhd for a property development project in Johor. 

ASEAN Must Strengthen Legal Certainty, Dispute Settlement Mechanisms To Sustain Business Confidence - Sec-Gen

KUALA LUMPUR, Aug 21 (Bernama) -- ASEAN must strengthen its legal certainty and dispute settlement mechanisms to sustain business confidence as the region advances towards becoming the world’s fourth-largest economy by 2030, Secretary-General Dr Kao Kim Hourn said today.

Cost-benefit Analysis Needed To Find Out Tasik Kenyir's Suitability As Data Centre, AI Hub -- Tengku Zafrul

KUALA LUMPUR, Aug 19 (Bernama) -- The government will have to conduct a cost-benefit analysis (CBA) before considering Tasik Kenyir as a data centre and artificial intelligence (AI) hub, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

US Agricultural Products Tax Exemption Finalised Based On Mutual Interest - Tengku Zafrul

KUALA LUMPUR, Aug 19 (Bernama) – The sales tax exemption on imported United States (US) agricultural products is the result of negotiations finalised based on mutual interest, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Malaysia's Shipping Industry Remains Resilient -- Shipping Association Malaysia

PETALING JAYA, Aug 18 (Bernama) -- Malaysia's shipping industry remained resilience by meeting the rising global demand and generating profit despite the global trade uncertainties, said Shipping Association Malaysia (SAM) chairman Ooi Lean Hin.

Bursa Malaysia Rebounds To Open Slightly Higher

KUALA LUMPUR, Aug 18 (Bernama) -- Bursa Malaysia rebounded from last week's losses to open marginally higher today, driven by mild buying interest in selected heavyweights, a dealer said.

IJM Construction Clinches RM1.4 Bln Johor Data Centre Project

KUALA LUMPUR, Aug 15 (Bernama) -- IJM Construction Sdn Bhd, a wholly owned subsidiary of IJM Corporation Bhd (IJM), has been awarded a RM1.4 billion contract for the construction of a large-scale data centre facility in Johor Bahru.

BNM Maintains 2025 GDP Forecast At 4.0-4.8 Pct Amid Tariff Talks Uncertainty

KUALA LUMPUR, Aug 15 (Bernama) -- Bank Negara Malaysia (BNM) has maintained its 2025 gross domestic product (GDP) projection of between 4.0 per cent and 4.8 per cent, taking into consideration a range of possible outcomes from tariff negotiations, said BNM governor Datuk Seri Abdul Rasheed Ghaffour today. 

Ringgit Strengthens 5.1 Pct Against US Dollar In 2Q 2025 - BNM

KUALA LUMPUR, Aug 15 (Bernama) -- The ringgit strengthened by 5.1 per cent against the United States (US) dollar in the second quarter of 2025 (2Q 2025), primarily driven by broad US dollar weakness, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.