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UPI Rollout To Enhance Payment Efficiency, Reduce Transaction Costs

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 10 (Bernama) -- India’s Unified Payments Interface (UPI) system, which is set to enter the Malaysian market, will enhance payment efficiency, reduce transaction costs and support smoother digital transactions between Malaysian and Indian firms, as well as for consumers and diaspora communities.

Khazanah Returns RM2 Bln in Dividend To Govt

KUALA LUMPUR, Feb 10 (Bernama) -- Khazanah Nasional Bhd recorded a profit of RM5.6 billion from its operations in the financial year 2025 and returned RM2 billion in dividends to the government, reinforcing its role as a key contributor to Malaysia’s economic growth.

Petronas Awards PSC For Permata Cluster Off Sabah Coast

KUALA LUMPUR, Feb 9 (Bernama) -- Petroliam Nasional Bhd (Petronas) via Malaysia Petroleum Management (MPM) today announced the award of the production sharing contract (PSC) for the Permata Cluster, located off the coast of Sabah, to London-based Bridge Petroleum Ltd. 

Malaysian Firms Urged To Tap Opportunities In Rapidly Expanding Indian Market

KUALA LUMPUR, Feb 9 (Bernama) -- Malaysian businesses are encouraged to explore opportunities across various sectors in India, including semiconductor, energy and agriculture, following the elevation of bilateral ties to a comprehensive strategic partnership in 2024.

Sabah Acquires Strategic 20 Percent Stake In North Sabah EOR PSC

KOTA KINABALU, Feb 9 (Bernama) -- The Sabah government, through its wholly-owned entity SMJ Energy Sdn Bhd (SMJE), has solidified its position in the upstream oil and gas sector by acquiring a strategic 20 per cent participating interest in the North Sabah Enhanced Oil Recovery Production Sharing Contract (EOR PSC).

Market Assessments Raise Malaysia’s Growth Outlook To 4.5–5.0 Pct This Year -- PM Anwar

KUALA LUMPUR, Feb 7 (Bernama) -- Current market assessments place Malaysia’s economic growth in the range of 4.5 to 5.0 per cent in 2026, reflecting strengthening domestic demand and continued investment momentum, in line with expectations from the Finance Ministry and international institutions, said Prime Minister Datuk Seri Anwar Ibrahim.

Local Companies Must Strengthen Compliance With International Standards - Ewon

KOTA KINABALU, Feb 7 (Bernama) -- Sabah Deputy Chief Minister III Datuk Ewon Benedick has urged companies in the state to strengthen their compliance with international standards.

Melaka Targeting High-Tech Investments Through GTP Project

JASIN, Feb 6 (Bernama) -- The Melaka state government is targeting to attract more high-technology investments from Germany through the development of the German Technology Park (GTP) industrial area in Bemban.

Shopee Seller Khairul Prepares Early To Tap Ramadan, Hari Raya Demand

KUALA LUMPUR, Feb 6 (Bernama) --  Festive seasons such as Ramadan and Hari Raya are key retail moments in Malaysia, with online shopping activity rising as families prepare for the fasting month and Raya celebrations.

UDA Optimistic Malaysian Property Market Will Remain Resilient This Year

KUALA LUMPUR, Feb 6 (Bernama) --  UDA Holdings Bhd is optimistic that the outlook for the domestic property market will remain resilient, with more targeted growth in 2026, driven by various key initiatives implemented by the government to stimulate property ownership and maintain domestic market stability.

BARAKAT, BERKAT Financing Schemes Help MSMEs Navigate Cost Pressures, Say Industry Groups

KUALA LUMPUR, Feb 6 (Bernama) -- Sustained and well-targeted support for micro, small, and medium enterprises (MSMEs) is critical to protect local businesses amid intensifying competition, rising costs and global market volatility, said the Malaysian Employers Federation (MEF).

Kedah-based SME Mudim Zakaria Invests RM10 Mln In High-tech Food Machinery

PENDANG, Feb 6 (Bernama) -- Food manufacturer Mudim Zakaria Food Industries Sdn Bhd has invested RM10 million in the purchase of high-technology machinery to increase production capacity and ensure the quality of its products.