20d ago
KUALA LUMPUR, Dec 8 (Bernama) -- Malaysia’s halal industry contributed RM118.2 billion, or 7.94 per cent of gross domestic product (GDP), in the third quarter (3Q) of 2025, supported by 1,525 registered halal exporters, the Ministry of Investment, Trade and Industry (MITI) said.
20d ago
KUALA LUMPUR, Dec 8 (Bernama) -- Companies involved in midstream and downstream production activities of Rare Earth Elements (REE) are eligible to be considered for incentives under the Promotion of Investments Act 1986, namely Pioneer Status and Investment Tax Allowance.
24d ago
KUALA LUMPUR, Dec 4 (Bernama) -- The implementation of targeted subsidy does not increase national debt, but rather an important strategy to reduce long-term liabilities, stabilise the fiscal position and strengthen investor confidence in Malaysia’s economic prospects.
24d ago
KUALA LUMPUR, Dec 4 (Bernama) -- The basic medical and health insurance (MHIT) to be introduced in early 2027 will be a standalone product and not linked to investments, according to the Finance Ministry (MoF).
25d ago
KUALA LUMPUR, Dec 3 (Bernama) -- The artificial intelligence (AI) sector is expected to contribute an additional 0.8-1.2 per cent to Malaysia’s gross domestic product by 2030, equivalent to RM13-20 billion a year, according to the Ministry of Digital.
26d ago
KUALA LUMPUR, Dec 2 (Bernama) -- The government is conducting a Mid-Term Review (MTR) for two key national digital policy framework documents, namely the National Fourth Industrial Revolution Policy (D4IRN) and the Malaysia Digital Economy Blueprint (RTEDM) 2021–2030, according to the Ministry of Digital.
26d ago
KUALA LUMPUR, Dec 2 (Bernama) -- China has signalled its intention to deepen trade and investment cooperation with Malaysia by proposing a memorandum of understanding (MoU), following recent discussions in Beijing on the Agreement on Reciprocal Trade (ART), said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
27d ago
KUALA LUMPUR, Dec 1 (Bernama) -- The government views Malaysia’s involvement in BRICS as being aligned with efforts to drive the national economy to grow more rapidly, sustainably and resiliently.
27d ago
KUALA LUMPUR, Dec 1 (Bernama) -- The Dewan Rakyat today passed the Finance Bill 2025, which details amendments to five tax acts, namely the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Labuan Business Activity Tax Act 1990, and the Petroleum (Income Tax) Act 1967.
1m ago
KUALA LUMPUR, Nov 27 (Bernama) -- The federal government's total liabilities are RM390.4 billion as of the end of June 2025 compared to RM384.8 billion at the end of 2024.
1m ago
KUALA LUMPUR, Nov 26 (Bernama) -- The government, through the Ministry of Investment, Trade and Industry (MITI), is urging local firms, particularly micro, small and medium-sized enterprises (MSMEs), to accelerate adoption of smart technology and automation to boost efficiency, competitiveness, and value-added output.
1m ago
KUALA LUMPUR, Nov 24 (Bernama) -- The 2025 Parliamentary Caucus No. 1 will be held this Thursday to discuss the implications of the Malaysia-United States Agreement on Reciprocal Trade which was signed on Oct 26.