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MITI To Implement New Incentive Framework From March 2026

KUALA LUMPUR, Jan 29 (Bernama) -- The government will implement the New Incentive Framework (NIF) effective March 1, 2026, beginning with the manufacturing sector and followed by the services sector in the second quarter of 2026, according to the Ministry of Investment, Trade and Industry (MITI).

GWM Strengthens Local Automotive Commitment With Launch Of CKD WEY G9

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Jan 29 (Bernama) --  Great Wall Motor (GWM) Malaysia has strengthened its long-term commitment to the country’s automotive industry with the launch of its latest model, the locally assembled (CKD) WEY G9 Hi4 PHEV (WEY G9), aimed at supporting technology transfer within the new energy vehicle segment.

Bursa Malaysia Ends Lower As Profit-Taking Gathers Pace

By Karina Imran

KUALA LUMPUR, Jan 29 (Bernama) -- Bursa Malaysia extended its pullback as profit-taking intensified, with most sectors closing lower in a broad-based consolidation, an analyst said.

Malaysia’s Automotive Ecosystem A Competitive Base For Export-Oriented Vehicle Assembly - Sim

KUALA LUMPUR, Jan 29 (Bernama) -- Malaysia’s automotive ecosystem continues to strengthen the country’s position as a competitive base for higher-value vehicle assembly and export-oriented manufacturing, according to Deputy Minister of Investment, Trade and Industry Sim Tze Tzin.

Malaysia Has To Move Faster To Translate Innovation Into Enterprise Adoption - Chang

KUALA LUMPUR, Jan 29 (Bernama) -- Malaysia has to move fast to translate innovation into enterprise adoption, productivity gains and national competitiveness due to a growing pool of technology startups and rising digital readiness.

MIDA To Forge Stronger Start-Up-Investor Linkages Via Industry Partnerships

KUALA LUMPUR, Jan 29 (Bernama) - The Malaysian Investment Development Authority (MIDA) will continue to facilitate stronger linkages between start-ups and investors by encouraging deeper industry-start-up collaboration in high-impact sectors.

Ringgit Rises To 3.9130 Vs Greenback On Strong Fundamentals, US Fed Holds Rates

KUALA LUMPUR, Jan 29 (Bernama) -- The ringgit opened marginally firmer against the US dollar on Thursday, supported by confidence in Malaysia’s economic growth and solid domestic fundamentals, as investors digested the US Federal Reserve (Fed)’s decision to keep interest rates unchanged.

Sales Tax On LVG Contributes RM817 Mln In Additional Revenue In 2025 - MOF

KUALA LUMPUR, Jan 29 (Bernama) -- Sales tax on low value goods (LVG) contributed an additional revenue of RM817 million last year, up from RM476 million in 2024, according to the Ministry of Finance (MoF).

Malaysia-France Mining Project Moves Forward, Eyes Downstream Expansion

KUALA LUMPUR, Jan 28 (Bernama) -- The Malaysia–France mining project between Malaco Mining Sdn Bhd and French rare earth refining and recycling specialist Carester has entered the pilot plant phase for mining and refining.

Ringgit Surges For Third Day, Closing At 3.9175 vs US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit jumped to a seven-year high to close at 3.9175 versus the US dollar on Wednesday as improved risk sentiment and a softer greenback continued to support the local currency, which rose for the third consecutive day this week.

Polyplastics Develops Mechanically Recycled DURAFIDE PPS Grades

KUALA LUMPUR, Jan 28 (Bernama) -- Polyplastics Co Ltd, a global leader in engineering thermoplastics, has developed two new DURAFIDE polyphenylene sulphide (PPS) grades made of mechanically recycled content.

Zoho Corporation Opens Regional Office In Malaysia

KUALA LUMPUR, Jan 28 (Bernama) -- Global technology company Zoho Corporation has opened its office in Subang Jaya, Selangor, strengthening its commitment to regional customers and championing Malaysia's digital transformation ambitions.