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Govt Committed To Reducing National Deficit - Anwar

PUTRAJAYA, June 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the government is committed to consistently reducing the country's fiscal deficit to ensure a more sustainable economy and to maintain investor confidence.

Malaysia’s Timber Exports May Gain Edge Due To Higher US Tariffs On Competitors – FRIM Director

By Fatin Umairah Abdul Hamid and K Naveen Prabu

KUALA LUMPUR, June 20 (Bernama) -- Malaysia’s timber exports may gain a competitive edge in the American market due to higher tariffs imposed on regional rivals such as Vietnam and Indonesia.

Malaysia To Consider Adopting Nuclear Energy To Accelerate Net Zero Target 2050 -- PETRA

KUALA LUMPUR, June 17 (Bernama) -- Malaysia has to relook the whole energy triangle, including the possibility of adopting nuclear energy, in order to achieve its net-zero carbon emissions target by 2050, said Deputy Minister of the Energy Transition and Water Transformation Ministry (PETRA), Akmal Nasrullah Mohd Nasir.

Strait Of Hormuz A Concern, But Oil Industry Remains Stable – PM Anwar

KUALA LUMPUR, June 16 -- The Israel-Iran conflict will not necessarily hurt the oil industry or price mechanisms of the commodity, said Prime Minister Datuk Seri Anwar Ibrahim.

SST Expansion Helps Protect Local Fruit Industry - Pineapple Growers

PONTIAN, June 13 (Bernama) – The government’s initiative to expand the scope of the Sales and Service Tax (SST) by imposing a five per cent sales tax on all imported fruits has been described by pineapple growers in Johor as a proactive move to protect the local fruit industry.

Economic News Reporting Skills Pivotal As Tariffs Dominate Global Headlines

KUALA LUMPUR, June 13 (Bernama) -- Journalists are keenly aware that knowledge in business and economics reporting is a pivotal component in covering domestic, regional and international issues competently, with tariffs now dominating global headlines.

LHDN Receives 328 Million e-Invoices From Nearly 35,000 Taxpayers Since Aug 2024

GEORGE TOWN, June 12  (Bernama) -- The Inland Revenue Board (LHDN) has received 328 million e-invoices from taxpayers until yesterday since the system was launched in August 2024.

SST Revision, Expansion For Equitable Taxation, Protection Of Vulnerable Groups -- Amir Hamzah

KUALA LUMPUR, June 11 (Bernama) -- The Sales and Service Tax (SST) revision and expansion exemplify the government’s commitment to progressive and equitable taxation that strengthens fiscal position while protecting those who need it most, said Finance Minister II Datuk Seri Amir Hamzah Azizan

AI Evolution To Play Bigger Role For Enterprises, Digital Banking - Industry Player

From Nor Baizura Basri

SAN FRANCISCO, June 6 (Bernama) -- Artificial intelligence (AI) evolution which is currently happening rapidly in the past three years, can shape direction and play a bigger role in enterprises’ operation and this include digital banking space in the coming years, says an industry player.

Beyond Tariffs: People’s Livelihoods Must Be Central To Any Trade Negotiations

From Nor Baizura Basri

SAN FRANCISCO, June 5 (Bernama) -- It was a cold morning in San Francisco, and my stomach was growling for food. As I munched on the snacks available in my hotel room, the day had started early with the sun shining brightly before 6 am.

AI Adoption By Enterprises In Asia Pacific Widespread -- Snowflake CEO

From Nor Baizura Basri

SAN FRANCISCO, June 3 (Bernama) -- Artificial intelligence (AI) adoption by enterprises in the Asia Pacific, including ASEAN, is currently widespread, eventually gaining some traction.

Malaysia Signs Deal To Initiate Trade Talks With GCC, Eyes Expansion Of Businesses -- Tengku Zafrul

By Vikneswaran Raman

KUALA LUMPUR, May 26 (Bernama) — Malaysia has set its sights on expanding trade with the oil-rich Gulf Cooperation Council (GCC) countries after signing a joint statement to initiate negotiations on a Malaysia-GCC Free Trade Agreement (MGFTA) today.