Industry Framework Scores Incentives Will Be Based On Outcomes, Not Investment Amounts -- Tengku Zafrul

By NurulJannah Kamaruddin & Nur Aiman Najwa Dzamae

KUALA LUMPUR, Dec 2 (Bernama) -- Incentives under the National Industry Investment Framework (NIIF) will vary based on actual outcomes rather than the size of the investment.

SMEs Must Take Advantage Of Country’s Industrial Strength To Remain Competitive Globally -- Tengku Zafrul

KUALA LUMPUR, Dec 1 (Bernama) -- Malaysian small and medium enterprises (SMEs) must take advantage of the country’s industrial strength and growth to scale, innovate, and venture abroad to remain competitive globally, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Malaysia Aims To Achieve 35 Per Cent Skilled Workforce By 2030 - Tengku Zafrul

KUALA LUMPUR (Bernama) --  Malaysia aims to achieve a 35 per cent skilled workforce and 3.6 per cent productivity growth by 2030 as part of efforts to strengthen the nation’s competitiveness, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Malaysia Has Clarified To China On ART - Tengku Zafrul

KUALA LUMPUR, Dec 1 (Bernama) -- Malaysia has sent a delegation to China to provide information and clarification regarding the Agreement on Reciprocal Trade (ART) between Malaysia and the United States, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz today.

Tengku Zafrul’s Legacy Marked By Continued Fervour To Scale Up Malaysia’s Trade Competitiveness

By Karina Imran

KUALA LUMPUR, Dec 1 (Bernama) – Tengku Datuk Seri Zafrul Abdul Aziz not only leaves behind a legacy marked by a continued fervour to scale up Malaysia’s global competitiveness in trade and industry but showed remarkable leadership in being able to lower tariff rates to a more palatable level imposed by the United States.

Perodua Launches First EV Involving Development Cost Of RM800 Mln, Local Expertise

KUALA LUMPUR, Dec 1 Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) today launched its first battery electric vehicle (EV), the QV-E, priced at RM80,000 (without insurance and excluding the battery), as part of its effort to develop a sustainable EV ecosystem.

Bumiputera Priority Policy Not Affected In ART — Tengku Zafrul

KUALA LUMPUR, Nov 29 (Bernama) -- The bumiputera priority policy is still practised and is not affected by the Malaysia-United States Agreement on Reciprocal Trade (ART) because it is clearly included in public responsibilities, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Proton Sourced RM3.2 Bln Worth Of Parts, Components From Local Vendors This Year – Tengku Zafrul

KUALA LUMPUR, Nov 27 (Bernama) -- Proton Holdings Bhd sourced RM3.2 billion worth of parts and components from local vendors this year alone, underscoring its commitment to a localised supply chain that will continue to grow in scale and value.

Bumiputera Rights Protected Under ART Pact, Says Tengku Zafrul

KUALA LUMPUR, Nov 27 (Bernama) -- Bumiputera rights remained a firm red line throughout negotiations on the Malaysia-United States Agreement on Reciprocal Tariffs (ART), Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said.

Nearly RM200 Bln In Exports To US At Risk If ART Not Signed -- Tengku Zafrul

KUALA LUMPUR, Nov 27 (Bernama) -- Nearly RM200 billion in exports to the United States, along with over a million jobs and 7,700 small and medium enterprises (SMEs), would have been at risk if market access to the United States were lost due to the Agreement on Reciprocal Trade (ART) not being concluded.

MITI Urges MSMEs To Accelerate Smart Tech And Automation

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.

PM Anwar Departs For Home After Successful Three-country Visit To Africa

By M. Saraswathi

NAIROBI, Nov 24 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim departed for home today after the final leg of his three-country visit in Africa here, marking Malaysia’s renewed efforts to strengthen engagement with the continent.