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Petronas Gas Commits To Improvements, Acknowledges Findings On Putra Heights Fire

KUALA LUMPUR, July 1 (Bernama) -- Petronas Gas Bhd (PGB) has reiterated its commitment to full transparency, continuous improvement, care for those affected, and continued collaboration with the relevant authorities.

HLIB Sees BNM Cutting OPR By 25 Bps In 2H 2025

KUALA LUMPUR, July 1 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain a cautious stance and cut the overnight policy rate (OPR) by 25 basis points in the second half of 2025, Hong Leong Investment Bank Bhd (HLIB) said, citing mixed monetary signals, persistent trade policy uncertainty, and subdued inflation.

Malaysian SMEs Need To Adopt AI For ESG Compliance And Thrive In Future Economy -- Gobind

KUALA LUMPUR, June 30 (Bernama) -- Malaysian small and medium enterprises (SMEs) need to embrace digital technology, especially artificial intelligence (AI), to meet the environmental, social and governance (ESG) expectations and thrive in the future economy, said Digital Minister Gobind Singh Deo.

BNM: Malaysia’s Official Reserves Assets At US$119.59 Bln As Of End-May 2025

KUALA LUMPUR, June 30 (Bernama) -- Malaysia’s official reserve assets amounted to US$119.59 billion (US$1= RM4.21) as of end-May 2025, while other foreign currency assets stood at US$955.2 million, according to Bank Negara Malaysia (BNM).

Except For Apples And Oranges, Other Imported Fruits Taxable Under Expanded SST - Treasury Sec-gen

KUALA LUMPUR, June 27 (Bernama) -- Apples and oranges are exempted from the expanded Sales and Service Tax (SST) as these fruits cannot be cultivated in Malaysia and are widely consumed by the public, says Treasury secretary-general Datuk Johan Mahmood Merican.

Electricity Tariff Restructuring Offers Greater Cost Transparency -- FMM

KUALA LUMPUR, June 24 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) has welcomed the electricity tariff restructuring under the Regulatory Period 4 (RP4), describing it as a rebasing exercise that offers greater cost transparency and encourages demand-side management.

RP4 Tariff Reform Can Spur Behavioural Change, Accelerate Energy Transition — Expert

KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s Regulatory Period 4 (RP4) electricity tariff restructuring can serve as a powerful tool to promote behavioural change and accelerate the country’s low-carbon agenda, if paired with smart technologies, targeted financial incentives, and inclusive support mechanisms, an energy expert said.

Penang Port Invests RM37 Mln In Four Hybrid RTG Cranes To Enhance Efficiency, Sustainability

GEORGE TOWN, June 23 (Bernama) -- Penang Port Sdn Bhd has invested US$7.88 million (RM37 million) in acquiring four new hybrid rubber-tyred gantry (RTG) cranes from Mitsui E & S Co Ltd, Japan, to enhance operational efficiency and promote environmental sustainability.

Affin Bank Can Catalyse SME Growth In Strategic Sectors - Abang Johari

KUCHING, June 23 (Bernama) -- Affin Bank Bhd is well-positioned to catalyse the growth of small and medium enterprises (SMEs) in Sarawak by offering targeted financing, digital transformation support, and non-financial capacity building aligned with the state’s strategic economic sectors.

BNM's International Reserves Rise To US$119.9 Bln

KUALA LUMPUR, June 20 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) increased marginally to US$119.9 billion (US$1=RM4.24) as at June 13, 2025, from US$119.60 billion recorded as at May 30, 2025.

Kioxia Unveils Next-Generation PCIe 5.0 SSDsTo Power AI, HPC Workloads

KUALA LUMPUR, June 20 (Bernama) -- Kioxia Corporation, a global leader in memory solutions, has introduced a prototype of its new KIOXIA CD9P Series PCIe 5.0 NVMe solid-state drives (SSDs).

Fitch Keeps 'Neutral' Outlook On Malaysia's Banking Sector, Revises Outlooks For Some Asian Countries

KUALA LUMPUR, June 19 (Bernama) -- Fitch Ratings has maintained its “neutral” outlook on Malaysia’s banking sector for 2025 while adjusting the outlooks for several Asia-Pacific countries amid trade war exposures.