World Bank: Malaysia Shows Strong Progress In Reducing Poverty, Must Now Focus On Inclusive Growth

PUTRAJAYA, Dec 6 (Bernama) -- The World Bank has commended Malaysia for its strong progress in reducing poverty, particularly hardcore poverty, while noting that further improvements in education and health outcomes are crucial to support inclusive and equitable growth.

Pace’s AI Agents To Streamline Prudential’s ILI Business Operations

KUALA LUMPUR, Dec 5 (Bernama) -- Pace, the agentic workforce for insurance, has been chosen by Prudential’s Individual Life Insurance (ILI) business to help simplify and improve its service delivery.

Hainan Releases White Paper On Tourism, Brand And Global Strategy

KUALA LUMPUR, Dec 3 (Bernama) -- The Hainan Department of Tourism, Culture, Radio, TV, and Sports has released the White Paper on Shaping Hainan's Brand Image on Tourism and Culture and International Communication Strategy (2024–2025).

Digital Ministry Conducting Mid-Term Review Of Two Digital Policy Framework Documents

KUALA LUMPUR, Dec 2 (Bernama) -- The government is conducting a Mid-Term Review (MTR) for two key national digital policy framework documents, namely the National Fourth Industrial Revolution Policy (D4IRN) and the Malaysia Digital Economy Blueprint (RTEDM) 2021–2030, according to the Ministry of Digital.

Dewan Rakyat Passes Two Tax-Related Bills

KUALA LUMPUR, Dec 1 (Bernama) -- The Dewan Rakyat today passed the Finance Bill 2025, which details amendments to five tax acts, namely the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Labuan Business Activity Tax Act 1990, and the Petroleum (Income Tax) Act 1967.   

Malaysia Not Obligated Under ART To Fulfil US$240 Bln In Commercial Commitments Or Invest US$70 Bln In US -- MITI

KUALA LUMPUR, Dec 1 (Bernama) -- Malaysia is not obligated to carry out US$240 billion in commercial purchases or US$70 billion in investments in the United States under the Agreement on Reciprocal Trade (ART), said the Ministry of Investment, Trade and Industry (MITI).

PKFZ Records 8 Pct Overall Revenue Growth As Of October

KLANG, Nov 28 (Bernama) -- Port Klang Free Zone (PKFZ) recorded an overall revenue increase of eight per cent as of October this year compared to a year ago, reflecting more robust business activity and stronger operational performance.

RKB Initiative Transforms SME Experience By Cutting Red Tape, Boosting Efficiency

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 28 (Bernama) -- Malaysia’s Bureaucratic Red Tape Reform (RKB) initiative is changing the narrative for many small and medium enterprises (SMEs), especially those in the aerospace industry, who previously had to deal with bureaucratic obstacles that felt like navigating a maze, including lengthy approvals, repeated paperwork, and unpredictable delays.

Bumiputera Rights Protected Under ART Pact, Says Tengku Zafrul

KUALA LUMPUR, Nov 27 (Bernama) -- Bumiputera rights remained a firm red line throughout negotiations on the Malaysia-United States Agreement on Reciprocal Tariffs (ART), Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said.

Banks Roll Out Flood Relief Assistance For Affected Customers

KUALA LUMPUR, Nov 27 (Bernama) -- Banks are offering a range of flood-relief assistance, including deferment of loan or financing instalments to provide temporary financial relief and special financing facilities to assist customers in repairing and restoring their homes and businesses.

PM Anwar’s African Visit Beefs Up Ties With Global South, Carving Out Pathways To New Markets

NAIROBI (Kenya), Nov 25 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s visit to three African countries in a continent which is increasingly being described as “young and fast” for its vibrant demographics and rising potential is a testament to Putrajaya’s commitment to strengthening ties with the Global South and positioning Malaysia strategically as a trusted partner in an increasingly multipolar world.

Removing Tariff On Kenyan Beef Aimed At Lowering Cost For Consumers - PM Anwar

By M. Saraswathi

NAIROBI, Nov 25 (Bernama) — The announcement to remove tariff on beef imports from Kenya is aimed at reducing the cost for Malaysian consumers, Prime Minister Datuk Seri Anwar Ibrahim said.