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TNG Digital Rolls Out Digital Payment Tools To Support Micro And Small Businesses

KUALA LUMPUR, June 19 (Bernama) -- TNG Digital Sdn Bhd is broadening its support for micro and small enterprises, particularly independent traders operating at markets, food stalls and public spaces, by offering accessible and easy-to-use digital payment tools.

TNG Digital Launches Business Account To Empower Micro SMEs And Gig Workers

KUALA LUMPUR, June 18 (Bernama) -- TNG Digital Sdn Bhd, Malaysia’s largest integrated fintech company, has launched the TNG Digital Business Account, a zero-barrier digital solution aimed at supporting micro, small and medium enterprises (MSMEs) and gig workers.

Scientex Posts Lower 3Q Net Profit Of RM123.87 Mln, Declares 6 Sen Dividend

KUALA LUMPUR, June 18 (Bernama) -- Scientex Bhd recorded a lower net profit of RM123.87 million for the third quarter (3Q) ended April 30, 2025, compared with RM130.50 million in the same period a year ago. 

MITI Probes Alleged Breach Involving Nvidia-powered AI Chips

KUALA LUMPUR, June 18 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI)  is verifying with relevant agencies to see whether any local laws have been breached following reports of a Chinese company using Nvidia-powered artificial intelligence (AI) chips for Large Language Model (LLM) training in Malaysia.

Energy Demand To Rise In Asia-Pacific Region Amid AI-led Industrial Shift -- Petronas

KUALA LUMPUR, June 18 (Bernama) -- Energy demand in ASEAN and the Asia-Pacific region is expected to rise in the coming years, driven by the adoption of artificial intelligence (AI) under the Fifth Industrial Revolution, said Petroliam Nasional Bhd (Petronas).

Govt Expects Inflation To Rise Less Than 0.25 Pct Following SST Review

By Zufazlin Baharuddin

PETALING JAYA, June 18 (Bernama) -- The inflation rate is expected to remain under control, with a projected increase of less than 0.25 per cent following the review and expansion of the Sales and Service Tax (SST) scope, effective July 1.

Lantronix, Aerora Team Up To Advance Edge AI In Drones, Robotics

KUALA LUMPUR, June 18 (Bernama) -- Lantronix Inc, a global provider of compute and connectivity solutions for the Internet of Things (IoT), has announced a collaboration with Aerora to deliver Edge artificial intelligence (AI)-driven solutions aimed at advancing drone, robotics and surveillance technologies.

Govt Expects Additional SST Revenue Of RM5 Bln In 2025, RM10 Bln In 2026 Following Revision

PETALING JAYA, June 18 (Bernama) -- The Sales and Service Tax (SST) collection is expected to increase by RM5 billion in 2025 and by RM10 billion in 2026 following the review and expansion of the tax scope, which will be implemented starting July 1.

WEF Report: 65 Pct Of Countries Improve Energy Transition Performance

KUALA LUMPUR, June 18 (Bernama) -- The World Economic Forum (WEF) 2025 Energy Transition Index showed the fastest progress since pre-COVID-19, with 65 per cent of surveyed countries improving and 28 per cent advancing across all core dimensions of energy system performance -- security, sustainability and equity.

Fiscal Reform To Balance Fiscal Sustainability, Social Equity - Treasury Sec-Gen

KUALA LUMPUR, June 18 (Bernama) -- The government’s fiscal reform initiatives, including expanding the Sales and Services Tax (SST) scope and rationalising electricity and diesel subsidies, are aimed at ensuring fiscal sustainability while protecting lower-income groups and essential sectors.

JS-SEZ Draws Global Investor Interest As Johor Emerges ASEAN Gateway

JOHOR BAHRU, June 18 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) is drawing increasing interest from international investors, particularly from Japan, South Korea, China, and Europe, as Johor positions itself as a strategic gateway to the ASEAN market.

Iran-Israel Conflict Poses Limited Economic Risk To Malaysia - CIMB Securities

KUALA LUMPUR, June 18 (Bernama) -- The Iran-Israel conflict poses limited direct economic risk to Malaysia, given the country’s minimal trade exposure to the region and historical evidence that oil price surges linked to conflicts tend to be short-lived, according to CIMB Securities Sdn Bhd.