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Malaysia's Electrified Vehicle Count Reaches 33,319 Units As Of Sept 30 -- Tengku Zafrul

KUALA LUMPUR, Oct 23 (Bernama) -- The number of electrified vehicles (xEV) reached 33,319 units as of Sept 30, 2024, representing about five per cent of the total industry volume (TIV), said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Budget 2025's Significant Agricultural Funding Set To Propel Sabah’s Rice Industry - Academician

By Jailani Hasan

LABUAN, Oct 23 (Bernama) -- Sabah’s rice industry is expected to greatly benefit from various agricultural initiatives announced in Budget 2025, said University Malaysia Sabah (UMS) Assoc Prof Dr Bonaventure Boniface.

MATRADE Committed To Boosting Foreign Trade Through Budget 2025

KUALA LUMPUR, Oct 22 (Bernama) -- The Malaysian External Trade Development Corporation (MATRADE) will continue as the country's export promotion agency under Budget 2025 to help Malaysian companies to remain competitive in foreign markets.

SDEC,CENTEXS And Angkasa-X To Collaborate On Space-related Industry

KUCHING, Oct 22 (Bernama) -- Sarawak Digital Economy Corporation Bhd (SDEC), has signed a memorandum of understanding (MoU) with two other parties to collaborate on human capital development and artificial intelligence (AI)-driven technological solutions, focusing on space-related industries.

Rafizi To Present On Key Issues Affecting Global South In BRICS Summit

PUTRAJAYA, Oct 22 (Bernama) -- Minister of Economy Rafizi Ramli is scheduled to deliver Malaysia’s national statement at the BRICS Outreach/BRICS Plus Summit in Kazan, Russia, on Oct 24, 2024.

Great Eastern Takaful Named Best Takaful Solution Provider 2024, Wins ESG Initiative Award

KUALA LUMPUR Oct 22 (Bernama) -- Great Eastern Takaful Bhd (GETB) has achieved significant milestones, being named Best Takaful Solution Provider 2024 at the Global Islamic Finance Awards (GIFA) and receiving the Initiative Award - Upcycling from the ESGBusiness Awards.

Govt Allocation To Revitalise Rubber Plantations Supports Glove Industry Growth - MARGMA

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 22 (Bernama) -- The government’s allocation of RM20 million to revitalise idle private rubber plantations and RM60 million for latex production under the Rubber Industry Smallholders Development Authority (RISDA) are significant steps forward in supporting the growth and sustainability of the rubber glove industry.

MITI To Help Perodua Produce Malaysia's First Ev Priced Under RM100,000 - Tengku Zafrul

PETALING JAYA, Oct 21 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will help Perusahaan Otomobil Kedua Sdn Bhd (Perodua) produce Malaysia's first electric vehicle (EV) priced under RM100,000.

MITI Aims to Announce New Investment Incentive Framework By 1Q 2025

KUALA LUMPUR, Oct 21 (Bernama) -- The Ministry of Investment, Trade, and Industry (MITI) is finalising a New Investment Incentive Framework, targeted for announcement as early as the first quarter (1Q) of 2025, said its minister, Tengku Datuk Seri Zafrul Abdul Aziz.

Budget 2025's Higher Tax Relief To Ease Malaysians' Access To Essential Coverage

KUALA LUMPUR, Oct 21 (Bernama) -- The government’s decision to raise individual income tax relief for education and medical insurance premiums to RM4,000, along with expanding medical expense relief to RM10,000, will significantly reduce financial barriers for many Malaysians seeking essential coverage.

Govt’s Multi-Pronged Strategy Balances Fiscal Discipline, Economic Growth - MIER

KUALA LUMPUR, Oct 21 (Bernama) -- The government’s multi-pronged strategy demonstrates a focus on fiscal consolidation while supporting economic growth and maintaining social safety nets, said the Malaysian Institute of Economic Research (MIER).

MARii, Dassault Systèmes, And Feiran Technology Sign Mou to Position Malaysia as Asean's Next Auto Hub

KUALA LUMPUR, Oct 21 (Bernama) -- The Malaysia Automotive, Robotics and IoT Institute (MARii), Dassault Systèmes, and Feiran Technology have signed a memorandum of understanding (MoU) aimed at driving growth and innovation in Malaysia’s automotive sector.