Scrapping High-Value Goods Tax Will Not Affect RM700 Mln Revenue Target – Economist

By Niam Seet Wei

KUALA LUMPUR, July 30 (Bernama) -- The government’s decision to halt the proposed high-value goods tax (HVGT), formerly known as the luxury goods tax, will not affect the RM700 million tax revenue expected from its implementation, said an economist.

FMM Calls On ASEAN To Boost Intra-regional Trade, Integration

KUALA LUMPUR, July 30 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) has called on ASEAN to intensify efforts to strengthen intra-ASEAN trade and production linkages.

Structural Reforms Critical For Long-term Economic Resilience - BNM Governor

By M.Saraswathi & Karina Imran

KUALA LUMPUR, July 30 (Bernama) -- Malaysia’s ongoing structural reforms to ensure long-term resilience are critical to defend the economy against global shocks, Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour said during an exclusive interview with Bernama.

Semiconductor Sector To Benefit From Supply Chain Focus In 13MP – Economist

By Anas Abu Hassan & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 29 (Bernama) – Malaysia’s semiconductor industry is poised to benefit from the upcoming 13th Malaysia Plan (13MP), as the government seeks to strengthen the country’s role in the global supply chain.

ASEAN Must Focus On Building More Integrated, Resilient Economy - PM Anwar

JAKARTA, July 29 (Bernama) -- It is imperative that ASEAN focus its energies inward, towards building a more integrated and resilient economy in facing today’s global economic headwinds, said Prime Minister Datuk Seri Anwar Ibrahim. 

Bursa Opens Firmer On Regional Calm, Selective Buying

KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia opened slightly higher on Tuesday, supported by mild bargain hunting as the Thailand-Cambodia truce helped ease regional political concerns.

Multitude Of Positive Factors Entrench Malaysia’s Economy On Growth Trajectory – BNM Governor

By Karina Imran

KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour has expressed optimism that Malaysia’s economy remains on a strong growth trajectory due to multiple factors, such as resilient domestic demand and encouraging exports of electrical and electronic (E&E) products, despite headwinds from impending tariffs.

10,000 Local Engineers To Be Trained Under Arm's 10-Year Semiconductor Programme — Amirudin

SUBANG JAYA, July 28 (Bernama) -- A total of 10,000 local engineers are expected to be trained in the semiconductor field through a training programme by the United Kingdom’s semiconductor design firm, Arm, over 10 years, said Selangor Menteri Besar Datuk Seri Amirudin Shari.

Infineon Investment Lifts Malaysia As Chip Hub, Creates 1,500 Jobs - Tengku Zafrul

KUALA LUMPUR, July 27 (Bernama) -- Infineon Technologies’ mega investment has not only positioned Malaysia as a global semiconductor manufacturing hub but will also generate 1,500 high-income jobs for Malaysians, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Federal Govt To Empower JS-SEZ -- PM Anwar

MUAR, July 27 (Bernama) — Prime Minister Datuk Seri Anwar Ibrahim reaffirmed the federal government's commitment to strengthening the Johor-Singapore Special Economic Zone (JS-SEZ) and boosting Johor’s development as a strategic national gateway.

NVIDIA-YTL Power Deal To Boost Malaysia As ASEAN AI Hub

KUALA LUMPUR, July 26 (Bernama) -- Malaysia is poised to emerge as a regional hub and centre of excellence for artificial intelligence (AI) in ASEAN following the signing of a strategic partnership between NVIDIA Corporation and YTL Power International Bhd.

Tariff Uncertainty To Weigh On Bursa Malaysia Next Week

KUALA LUMPUR, July 26 (Bernama) -- The risk of higher United States (US) tariffs on Malaysia as the Aug 1 deadline draws near is likely to weigh on Bursa Malaysia next week, although domestically-oriented counters are expected to remain relatively resilient, supported by firm internal demand and fiscal tailwinds.