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National Financial Management Carried Out In Line With The Spirit Of FRA - PM Anwar

KUALA LUMPUR, Aug 19 (Bernama) -- The country's financial management must be carried out prudently and with discipline, in line with the spirit of the Public Finance and Fiscal Responsibility Act 2023 (FRA), said Prime Minister Datuk Seri Anwar Ibrahim.

Pahang To Develop RM75 Bln Hybrid Shipyard Complex In Pekan

KUALA LUMPUR, Aug 19 (Bernama) -- The Pahang State Government, through the Pahang State Secretary Incorporated (PSK) in collaboration with Teroka Majubina Holdings Bhd, today signed a lease agreement for the development of the Tanjung Agas Hybrid Shipyard Complex in Pekan, Pahang, with a total investment value of RM75 billion.

DIC Corporation Opens World-First HACCP-Compliant Coatings Plant In Indonesia

KUALA LUMPUR, Aug 19 (Bernama) -- DIC Corporation, a chemical manufacturer and the core of the DIC Group, has established a new production facility for coatings suitable for direct food contact materials on the site of a plant belonging to PT DIC Graphics, a wholly owned subsidiary located in Jakarta, Indonesia.

Malaysia Can Boost Exports To Russia, EU, Iran Via Direct Overland Rail Link With Kazakhstan - Envoy

KUALA LUMPUR, Aug 19 (Bernama) – The railway authorities of Kazakhstan and Malaysia are looking to develop a direct trade logistics rail link to enable increased trade between both countries.

Iran-Israel Conflict Triggered Surge In Global Oil Prices -- MITI

KUALA LUMPUR, Aug 18 (Bernama) --  The Ministry of Investment, Trade and Industry (MITI) said the recent Iran-Israel armed conflict led to a surge in global oil prices, which in turn increased the cost of raw materials and logistics.

Expanded SST Designed To Be Progressive, Fairer -- Amir Hamzah

KUALA LUMPUR, Aug 18 (Bernama) -- The government made the decision to maintain the Sales and Service Tax (SST) with an expanded scope after considering both SST and the Goods and Services Tax (GST), according to Finance Minister II Datuk Seri Amir Hamzah Azizan.

Govt Will Not Embark On Mega Projects, To Focus Spending On The People

KUALA LUMPUR, Aug 18 (Bernama) -- The government will not embark on mega projects that have limited impact on the majority of the people in the near future after taking into account global economic uncertainties, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Agrobank's iTEKAD Empowers Agropreneurs Through MD2 Pineapple Farming

KANGAR, Aug 17 (Bernama) -- Agrobank remains committed to empowering the asnaf (tithe recipients)  and B40 groups through the disbursement of iTEKAD grants amounting to RM100,000 to 20 selected agropreneurs for the implementation of the MD2 pineapple planting project in Chuping near Padang Besar yesterday.  

SIC Eyes Long-Term Expansion After Return To Profitability - CEO

By Siti Radziah Hamzah

KUALA LUMPUR, Aug 17 (Bernama) – After weathering the financial strain due to the COVID-19 pandemic, the Sepang International Circuit (SIC) is charting a new growth trajectory, anchored by land monetisation, strategic investments and expanded commercial offerings.

B. Grimm Urges Faster ASEAN Energy Integration To Harness Laos' Hydro And Malaysia's Solar Capacities

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 17 (Bernama) – The groundwork for ASEAN energy integration has long been laid, but sharper focus and faster action are needed to propel renewable energy to the next level by harnessing each member’s strengths, said B. Grimm Power Public Company Ltd.

Strong Q2 Economic Growth Proves Effectiveness Of Gov't Policies - BBC

KUALA LUMPUR, Aug 16 (Bernama) -- The MADANI Backbenchers Club (BBC) has described the country’s economic growth of 4.4 per cent in the second quarter of this year as proof of the effectiveness of the government’s policies in strengthening the nation’s economic resilience.

Ipoh Sentral Set To Drive Ipoh’s Transformation With Modern Transport Hub, Smart City Initiatives

IPOH, Aug 16 (Bernama) -- The Ipoh Sentral project (Ipoh Sentral), anchored under the Perak Smart City 2030 Green Transport Agenda, is envisioned to transform Ipoh into a modern, sustainable and well-connected transport hub while safeguarding the city’s cultural heritage and strengthening community bonds.