Franchise Sector Records Potential Investment Growth Exceeding RM911 Mln

KUALA LUMPUR, Nov 28 (Bernama) -- Malaysia's franchise industry has recorded encouraging growth with an investment potential of more than RM911 million as of November 2024 compared with RM700 million a year ago, according to the Entrepreneur and Cooperatives Development Ministry (KUSKOP).

SMEs Need To Swiftly Integrate ESG Practices Into Business Operations -- BNM

KUALA LUMPUR, Nov 26 (Bernama) -- Small and medium enterprises (SMEs) need to swiftly integrate environmental, social, and governance (ESG) practices into their business operations to maintain their competitiveness in the market and ensure long-term sustainable advantages, Bank Negara Malaysia (BNM) said.

Govt Pledges To Keep Health Inflation Moderate, Sarawak At 1.5 Pct

KUALA LUMPUR, Nov 25 (Bernama) -- The government is committed to ensuring that health inflation remains moderate, including in Sarawak, said Deputy Economy Minister Datuk Hanifah Hajar Taib.

Two-year MADANI Govt: Turning Challenges Into Accomplishments

KUALA LUMPUR, Nov 21 (Bernama) -- In just two years of being in power, the MADANI government has reached a pivotal turning point in Malaysia's economic reforms, alongside efforts to address inefficiencies in state-owned entities, building on the resilient economic foundation laid in its first year.

Finance Bill 2024 To Amend Six Acts Tabled For First Reading

KUALA LUMPUR, Nov 19 (Bernama) -- The Finance Bill 2024 tabled in the Dewan Rakyat today aims to amend the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Petroleum (Income Tax) Act 1967, Finance Act 2012, and the Finance Act 2023.

Malaysia's Inflation To Average 2.0 Pct-3.5 Pct In 2025 

KUALA LUMPUR, Nov 15 (Bernama) -- Malaysia’s inflation is projected to average 2.0 per cent to 3.5 per cent in 2025, factoring in domestic policy measures outlined in Budget 2025, said Bank Negara Malaysia (BNM). 

FGV Sees EUDR Delay As Opportunity To Boost Sustainability Efforts With Smallholders

By Nur Athirah Mohd Shaharuddin

SUNGKAI, Nov 8 (Bernama) -- FGV Holdings Bhd sees the delay in the European Union Deforestation Regulation (EUDR) enforcement as an opportunity for the company to work on the necessary things with smallholders.

U Mobile's Appointment As 5G Provider Complies With Licence Conditions - Fahmi

KUALA LUMPUR, Nov 7 (Bernama) -- The decision to select U Mobile Sdn Bhd as Malaysia's second 5G network provider does not contravene the special licence conditions for individual licences, said Communications Minister Fahmi Fadzil. 

SC's Audit Oversight Board Prohibits Auditor From Auditing For One Year

KUALA LUMPUR, Oct 23 (Bernama) -- The Securities Commission Malaysia's (SC) Audit Oversight Board (AOB) has prohibited an auditor Sathiea Seelean Manickam from accepting as clients and auditing any public interest entities or schedule funds for a one-year period starting from Oct 22, 2024.

Minimal Impact Of Minimum Wage, Foreign Worker Levy On Infrastructure Supply Chain -- Analysts

KUALA LUMPUR, Oct 21 (Bernama) -- CIMB Securities Sdn Bhd foresees minimal impact from the proposed hikes in minimum wages to RM1,700 and foreign worker levies on the local infrastructure supply chain.

Budget 2025: RM1.8 Billion Allocated For New Ships To Strengthen MMEA Capabilities

KUALA LUMPUR, Oct 18 (Bernama) -- The government's announcement of RM1.8 billion for three new ships for the Malaysian Maritime Enforcement Agency (MMEA) in Budget 2025 comes at a critical time, given the agency's current asset constraints in safeguarding national waters.

Budget 2025: Direct Sellers Want Govt To Tighten E-commerce Regulations

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 14 (Bernama) -- The Direct Selling Association Malaysia (DSAM) has urged the government to allocate funds to tighten regulations, increase enforcement and continuously educate ethical e-commerce practices in Budget 2025.