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New Performance-Based Incentive Framework Ensures Rewards Tied To Achievements -- Tengku Zafrul

KUALA LUMPUR, Oct 14 (Bernama) -- The New Performance-Based Incentive Framework will ensure actual achievements can be measured and encouraged, with incentives granted only when set performance targets are met, said the Minister of Investment, Trade and Industry, Tengku Datuk Seri Zafrul Abdul Aziz.

Singapore-Based Firms Commit Over S$5.5 Billion To Johor Since JS-SEZ Mou -- Singapore DPM

By Nur Ashikin Abdul Aziz

SINGAPORE, Oct 14 (Bernama) -- Singapore-based companies have committed over S$5.5 billion (S$1 = RM3.25) in investments into Johor since the signing of the Johor-Singapore Special Economic Zone (JS-SEZ) memorandum of understanding (MoU) last year, said the republic’s Deputy Prime Minister, Gan Kim Yong.

Malaysian SMEs To Benefit From Budget 2026 Boost For JS-SEZ - Tengku Zafrul

By Nur Ashikin Abdul Aziz

SINGAPORE, Oct 14 (Bernama) -- An additional RM200 million allocated to the Strategic Co-Investment Fund (CoSIF) under Budget 2026 can be leveraged by Malaysian small and medium-sized enterprises (SMEs) in the Johor-Singapore Special Economic Zone (JS-SEZ).

Increase In STR, SARA Allocations Proves Govt's Commitment To Strengthen Social Safety Net -- MoF

KUALA LUMPUR, Oct 14 (Bernama) -- The increase in the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) allocations from year to year is proof of the government’s commitment to strengthen the social safety net, according to the Ministry of Finance (MoF).

25th ASEAN Energy Business Forum Serves As A Platform For ASEAN's Energy Collaboration

KUALA LUMPUR, Oct 14 (Bernama) -- The 25th ASEAN Energy Business Forum 2025 (AEBF) commences tomorrow, serving as the platform to strengthen regional collaboration and mobilise partnerships that accelerate ASEAN’s energy transformation.

BMI Expects Malaysia’s Budget Deficit To Narrow To 3.6 Pct In 2026

KUALA LUMPUR, Oct 14 (Bernama) -- BMI, a Fitch Solutions company, expects Malaysia’s budget deficit to narrow from an estimated 3.9 per cent of gross domestic product (GDP) in 2025 to 3.6 per cent in 2026,  broadly in line with the government’s fiscal projections.

Malaysia To Reap Economic Benefits From Sovereign AI Cloud Development – IT Specialist

KUALA LUMPUR, Oct 14 (Bernama) -- The RM2 billion investment to develop the Sovereign AI Cloud in Budget 2026 will enable Malaysia to reap economic benefits, as it allows the country to retain the value created through artificial intelligence (AI) by keeping revenues, jobs and intellectual property within its national borders, an information technology (IT) specialist said today.

World Bank Positive On Malaysia's Fiscal Consolidation Strategy

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 13 (Bernama) -- The World Bank acknowledged the government’s efforts to safeguard Malaysia’s long-term fiscal sustainability but maintained a cautious stance on the lower development expenditure (DE) outlined in Budget 2026.

Bank Negara Malaysia To Adopt MYOR-i As Mandatory Islamic Benchmark Rate From July 2027

KUALA LUMPUR, Oct 13 (Bernama) -- Bank Negara Malaysia (BNM) will adopt the Malaysian Islamic Overnight Rate (MYOR-i) as the mandatory reference rate for all Islamic financial products beginning July 1, 2027, marking a major structural reform in the country’s Islamic finance landscape.

Ringgit Likely To Appreciate To RM4 Vs US Dollar By Year-End — BNM Governor

KUALA LUMPUR, Oct 13 (Bernama) -- The ringgit could appreciate to RM4 against the US dollar by the end of the year with Malaysia’s bright economic prospects, Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour said today.

Malaysia's Recognition As Global Islamic Finance Hub Reflects Ethical Foundations -- PM Anwar

KUALA LUMPUR, Oct 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has highlighted that Malaysia is consistently recognised as a trusted global Islamic finance hub, where investors find stability, clarity, and opportunity, reflecting the country’s ethical foundations in the sector.

PM Anwar To Inaugurate 25th ASEAN Energy Business Forum In Kuala Lumpur

KUALA LUMPUR, Oct 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim will inaugurate the 25th ASEAN Energy Business Forum (AEBF-25) in Kuala Lumpur from Oct 15-17, 2025, under Malaysia’s ASEAN chairmanship.