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SAMENTA Backs KUSKOP’s ABCD Strategy, Proposes Fifth SME Pillar

KUALA LUMPUR, Dec 18 (Bernama) -- The Small and Medium Enterprises Association of Malaysia (SAMENTA) has suggested further strengthening Malaysia’s small and medium enterprises (SME) framework by adding a fifth pillar focused on an enabling ecosystem.

Senate Passes Tax Collection Measures Bill 2025

KUALA LUMPUR, Dec 18 (Bernama) -- The Senate today passed the Measures for the Collection, Administration and Enforcement of Tax Bill 2025 to strengthen the country’s taxation system. 

Parliament 2025: Fiscal Discipline, Economic Reforms, Subsidy Retargeting Take Centre Stage

KUALA LUMPUR, Dec 18 (Bernama) -- The parliamentary sessions throughout 2025, involving the Dewan Rakyat and the Dewan Negara, saw economic debates focused on fiscal consolidation, structural reforms and efforts to address the cost of living for the people in an uncertain global economic environment.

Increase In Financing Funds For Bumiputera, Indian Entrepreneurs Next Year , RM50 Million For Chinese PMKS - Sim

PUTRAJAYA, Dec 18 (Bernama) -- The Bumiputera financing fund under the National Entrepreneurial Group Economic Fund (Tekun) will be increased to RM500 million in 2026, from RM300 million this year, said Entrepreneur and Cooperative Development Minister Steven Sim.

MyRMK To Be Introduced Next Year To Monitor Implementation Of 13MP - Akmal Nasrullah

KUALA LUMPUR, Dec 18 (Bernama) -- The Ministry of Economy will introduce MyRMK, an integrated monitoring system for the implementation of the 13th Malaysia Plan (13MP) starting next year, said Minister of Economy Datuk Seri Akmal Nasrullah Mohd Nasir today.

Sabah Exploring Ocean Thermal Energy Conversion, Conducting Implementation Study -- Hajiji

KOTA KINABALU, Dec 17 (Bernama) -- The Sabah government, through the Sabah Energy Commission (ECoS), has begun exploring renewable energy in the form of Ocean Thermal Energy Conversion (OTEC) and is currently conducting an implementation study along the state’s east coast, according to Chief Minister Datuk Seri Hajiji Noor.

FMM Looks Forward To Policy Continuity, Stability Following New Cabinet Line-Up

KUALA LUMPUR, Dec 17 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) looks forward to policy continuity and stability that provide businesses and investors with the confidence to plan and invest over the long term following the new Cabinet line-up announced yesterday.

MATRADE Welcomes Johari Abdul Ghani As MITI Minister, Expects Continued Export Momentum

KUALA LUMPUR, Dec 17 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has expressed confidence that the new leadership at the Ministry of Investment, Trade and Industry (MITI) will continue to strengthen the national export agenda in line with Malaysia's economic development priorities.

Ringgit Firms To 4.07 Against US Dollar On Improved Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 17 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Wednesday, extending its recent gains to hover around the 4.07 level, its strongest showing in nearly five years, underpinned by firmer domestic and external sentiment.

Cabinet Reshuffle A Chance To 'Reignite' Madani Economy, Boost SME Competitiveness - SAMENTA

KUALA LUMPUR, Dec 16 (Bernama) -- The cabinet reshuffle presents an important opportunity to “reignite the MADANI Economy and strengthen policy execution, particularly in areas that directly affect businesses, investors, and workers,” according to the Small and Medium Enterprises Association Malaysia (SAMENTA).

China Market Launches Overseas Digital Mall In Malaysia, Establishing ASEAN Hub

KUALA LUMPUR, Dec 16 (Bernama) -- China Market has selected Malaysia as its ASEAN hub, bringing Chinese industrial-belt products into Southeast Asia while enabling Malaysian brands to access China through its Market Express Channel, following the official launch of the China Market Overseas Digital Mall in Malaysia.

South Korea Eases Discount Rate Rules For Non-Life Insurers

KUALA LUMPUR, Dec 16 (Bernama) -- The recent easing of discount rate regulations by South Korea’s financial authorities will alleviate pressure on the solvency position of the country’s non-life insurers, according to a new AM Best commentary.