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World Bank Forecasts Slower Growth Across Emerging Markets Amid Headwinds

KUALA LUMPUR, June 11 (Bernama) -- Economic growth across most emerging markets and developing economies (EMDEs) is projected to slow, particularly in trade-dependent regions such as East Asia and the Pacific (EAP) and Europe and Central Asia (ECA), and to a lesser degree in South Asia (SAR), according to the World Bank Group.

Malaysia’s IPI Up 2.7 Pct In April 2025 Supported By Manufacturing -- DOSM

KUALA LUMPUR, June 11 (Bernama) -- Malaysia's April 2025 Industrial Production Index (IPI) rose 2.7 per cent year-on-year (y-o-y), said the Statistics Department Malaysia (DOSM).

Malaysia’s Manufacturing Sales Rise 4.8 Pct In April

KUALA LUMPUR, June 11 (Bernama) -- Malaysia’s manufacturing sector recorded a 4.8 per cent year-on-year increase in sales value to RM160.6 billion in April 2025, according to the Department of Statistics Malaysia (DoSM).

Malaysia, Poland Poised To Deepen Ties In Halal Industry, Defence, Green Hydrogen And Digital Tech -- PM Anwar

KUALA LUMPUR, June 10 (Bernama) -- Malaysia and Poland should showcase the capacity of both countries to work together in key sectors such as the halal industry, defence, digital technology and green hydrogen, said Prime Minister Datuk Seri Anwar Ibrahim.

Targeted Revision Of Sales Tax Rate, Expansion Of Service Tax Scope Effective July 1, 2025

KUALA LUMPUR, June 9 (Bernama) -- The Ministry of Finance has issued a statement on the implementation of revised Sales Tax (ST) rates and expanded scope of the Service Tax effective July 1, 2025. The aim is to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.

Sales Tax Rate Revision, Service Tax Scope Expansion To Be Effective July 1, 2025 – MOF

PUTRAJAYA, June 9 (Bernama) -- The government will implement a revision of the Sales Tax rates and an expansion of the Service Tax’s scope effective from July 1, 2025, in order to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.

PT Resources Calls For Trading Halt, Announces New Coconut Processing Facility In China

KUALA LUMPUR, June 9 (Bernama) -- Trading of ACE Market-listed PT Resources Holdings Bhd (PTRB) shares was halted for one hour today, from 9.00 am to 10.00 am, following the announcement of a new coconut processing facility in China.

Sub-regional Initiatives Such As IMT-GT, BIMP-EAGA Have Borne Fruit While Complementing Asean Economic Community Ambitions

KUALA LUMPUR, June 8 (Bernama) -- Sub-regional initiatives such as the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) and the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) have not only borne fruit significantly but proven to be vital complements to the ASEAN Economic Community (AEC) in boosting trade, investment and regional connectivity.

iCents Signs Underwritting Agreement With Alliance Islamic Bank For IPO

KUALA LUMPUR, June 6 (Bernama) -- Cleanroom and other facility services provider, iCents Group Holdings Bhd has inked an underwriting agreement with Alliance Islamic Bank Bhd (AIS) in conjunction with its upcoming initial public offering (IPO) en route to a listing on the ACE Market of Bursa Malaysia by July 2025.

Beyond Tariffs: People’s Livelihoods Must Be Central To Any Trade Negotiations

From Nor Baizura Basri

SAN FRANCISCO, June 5 (Bernama) -- It was a cold morning in San Francisco, and my stomach was growling for food. As I munched on the snacks available in my hotel room, the day had started early with the sun shining brightly before 6 am.

MIDF Leveraging Islamic Finance To Drive Industrial Transformation

KUALA LUMPUR, June 4 (Bernama) -- The Malaysian Industrial Development Finance Bhd (MIDF) is leveraging Islamic finance to accelerate the country’s industrial transformation, particularly in high-growth sectors such as advanced manufacturing, green technology, the digital economy, and halal industries.

Fortude Earns Second Microsoft Solutions Partner Designation For Azure Innovation

KUALA LUMPUR, June 4 (Bernama) -- Global digital transformation firm, Fortude has been awarded its second Microsoft Solutions Partner designation, ‘Azure Digital and App Innovation’, further strengthening its capabilities in delivering cloud-based solutions.