Global Interconnectedness Under Strain Amid Rising Geopolitical Tensions – PM Anwar

KUALA LUMPUR, June 16 (Bernama) -- Global interconnectedness is under strain due to rising uncertainties, eroding the predictability, reliability and stability of existing global trade and economic systems, said Prime Minister Datuk Seri Anwar Ibrahim.

13MP Set To Address The Nation's Economic Challenges -- PM Anwar

KUALA LUMPUR, June 13 (Bernama) -- The 13th Malaysia Plan 2026–2030 (13MP) will serve as the jumping-off point in the government’s efforts to address the nation’s economic challenges, according to Prime Minister Datuk Seri Anwar Ibrahim.

Extended SST Timely And Essential To Beef Up Economic Resilience

A Commentary By Nurul Hanis Izmir

PUTRAJAYA, June 12 (Bernama) – Effective July 1, Malaysians will see a revised and extended version of the Sales and Service Tax (SST), one that, on closer inspection, was carefully crafted to strike a delicate balance between fairness, economic resilience and sustainable long-term financial stability for the country.

AEM Meeting In July To Fast-track ASEAN DEFA

KUALA LUMPUR, June 12 (Bernama) – Malaysia will convene a special ASEAN Economic Ministerial (AEM) meeting in Bangkok at the end of July to accelerate progress on the Digital Economy Framework Agreement (DEFA).

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

World Bank Expects Global Growth Outlook At 2.3 Pct In 2025, Slowest Since 2008

KUALA LUMPUR, June 11 (Bernama) -- Global growth is expected to weaken to 2.3 per cent in 2025, with deceleration in most economies relative to last year.

Energy Asia 2025 Set To Draw 4,000 Global Delegates

KUALA LUMPUR, June 10 (Bernama) -- Energy Asia 2025 is set to attract more than 4,000 international delegates when it returns for its second edition from June 16 to 18, at the Kuala Lumpur Convention Centre.

Kedah Sees RM20.38 Bln In Realised Investments - NCER

ALOR SETAR, June 10 (Bernama) -- The Northern Corridor Economic Region (NCER), through collaboration with the Kedah state government and the Malaysian Investment Development Authority (MIDA), has realised investments totalling RM20.38 billion in 2024, up from RM11.6 billion recorded the previous year.

Sub-regional Initiatives Such As IMT-GT, BIMP-EAGA Have Borne Fruit While Complementing Asean Economic Community Ambitions

KUALA LUMPUR, June 8 (Bernama) -- Sub-regional initiatives such as the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) and the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) have not only borne fruit significantly but proven to be vital complements to the ASEAN Economic Community (AEC) in boosting trade, investment and regional connectivity.

Oversupply, Price Pressures Stall Glove Industry Recovery - PublicInvest

KUALA LUMPUR, June 6 (Bernama) -- The Malaysian glove sector remains under pressure as persistent oversupply, cautious customer sentiment, and pricing competition continue to weigh on recovery prospects.

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.

India Cuts Import Tax On Crude Edible Oils To 10 Pct - CIMB Securities

KUALA LUMPUR, June 3 (Bernama) -- India has cut the basic import duty on crude edible oils to 10 per cent from 20 per cent, effective May 31, and applies to crude palm oil (CPO), crude soybean oil, and crude sunflower oil.