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PM Anwar Meets Top Officials From Shanghai-Based New Development Bank, Eyes Possible Membership

From Arul Rajoo Durar Raj

RIO DE JANEIRO, July 6 (Bernama) -- Malaysia will conduct a comprehensive review of potential membership in the New Development Bank (NDB), taking into account various aspects, including the required commitments and the effectiveness of participation in the institution, said Prime Minister Datuk Seri Anwar Ibrahim.

Fiscal Consolidation Pays Off For Malaysia; US Dollar Seen On Weaker Path

By Harizah Hanim Mohamed

KUALA LUMPUR, July 6 (Bernama) -- Malaysia’s fiscal consolidation efforts are beginning to bear fruit, with measures to narrow the fiscal deficit and reduce government debt gaining traction despite criticism, signalling a positive outlook for the country’s sovereign credit ratings.

SST Revision Does Not Justify Hotel Rate Hikes - MoF

By Naveen Prabu Kuppusamy

KUALA LUMPUR, July 4 (Bernama) – The Ministry of Finance (MoF) indicated that the Sales and Service Tax (SST) does not warrant the hotel room rate increases asserted by some hotel associations.

Malaysia Succeeds In Attracting RM8.13 Bln Potential Investments From Italy - PM Anwar

From D.Arul Rajoo

ROME, July 3 (Bernama) -- Potential investments worth RM8.13 billion have been achieved through the Malaysia-Italy economic cooperation roundtable meeting and meetings with companies here, said Prime Minister Datuk Seri Anwar Ibrahim.

Economy Ministry To Ensure 13MP In Line With MADANI Economy Framework -- Amir Hamzah

KUALA LUMPUR, July 3 (Bernama) -- The 13th Malaysia Plan (13MP), set to be tabled in Parliament on July 31, 2025, will be in line with the government’s direction and the MADANI Economy framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan. 

TNB Shares Hit By Federal Court Ruling

KUALA LUMPUR, July 3 (Bernama) -- Tenaga Nasional Bhd’s (TNB) shares on Bursa Malaysia were hit in early trading today following the Federal Court’s decision to allow the Inland Revenue Board of Malaysia’s (IRB) appeal over an additional tax assessment notice issued to the company for the 2018 assessment year.

Malaysian Govt Leads Bond Issuance With RM40 Bln In 2Q 2025 -- BPAM

KUALA LUMPUR, July 2 (Bernama) -- The Malaysian government emerged as the overall top bond issuer in Bond Pricing Agency Malaysia Sdn Bhd’s (BPAM) Bond League Tables reports for the second quarter of 2025 (2Q 2025), with total issuances amounting to RM40 billion.

MyComplianceOffice Enhances Platform With AML, KYC Capabilities

KUALA LUMPUR, July 2 (Bernama) -- MyComplianceOffice (MCO), a compliance technology provider, has enhanced its platform with Anti-Money Laundering (AML) and Know-Your-Customer (KYC) capabilities.

India Eyes Deeper Ties In Semiconductors And Digital Economy With Malaysia

KUALA LUMPUR, July 2 (Bernama) -- India is keen to deepen its already robust business linkages with Malaysia in the fast-growing semiconductor industry and digital economy.

Gamuda’s Unit signs Deal To Co-develop Renewable Energy Projects In Australia

KUALA LUMPUR, June 30 (Bernama) -- Gamuda’s wholly owned Australian subsidiary, Gamuda Holdings Pty Ltd, has signed a landmark agreement with local Tasmanian landowners to co-develop a portfolio of large-scale renewable energy projects in Central Tasmania.

Top Consumer-Voted Products Recognised In 2025 Product Of The Year Malaysia Recap

KUALA LUMPUR, July 1 (Bernama) -- Product of the Year Malaysia has revealed the consumer-voted winners for 2025, following a comprehensive evaluation process that included nationwide surveys and in-home testing conducted by Try & Review.

Yinson's Net Profit Slips To RM115 Mln In 1Q Ended April 30,2025

KUALA LUMPUR, June 30 (Bernama) -- Yinson Holdings Bhd’s net profit for the first quarter (1Q) ended April 30, 2025, fell to RM115.0 million from RM203.0 million recorded in the same period a year ago.