Malaysia's Billionaire Class To Grow 39 Pct By 2031
KUALA LUMPUR, April 28 (Bernama) -- Malaysia’s billionaire population is set to grow 39 per cent by 2031, according to Knight Frank’s flagship publication, The Wealth Report.
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MIDA Facilitated Approval Of Tax Incentives For 220 Johor Projects In 2025
JOHOR BAHRU, April 27 (Bernama) -- The Malaysian Investment Development Authority (MIDA) facilitated the approval of tax exemptions and incentives for 220 projects in Johor, reinforcing the Federal Government's commitment to the state's industrial growth in 2025.
MTEN Okays Steps To Protect Supply Chains, Domestic Industries - Akmal Nasrullah
KUALA LUMPUR, April 21 (Bernama) -- The National Economic Action Council (MTEN) today approved three proposals covering logistics facilitation, risk mitigation and market expansion to ensure supply chains and the continuity of domestic industries are not severely disrupted amid the global supply crisis.
Ringgit Outlook Firm, Set To Retest 3.88 Level Amid Strong Inflows
By Siti Noor Afera Abu
KUALA LUMPUR, April 12 (Bernama) -- The ringgit’s outlook remains firm, supported by underlying macroeconomic fundamentals, with the market expected to retest the 3.88 level against the US dollar, reflecting short-term market positioning rather than a shift in the currency’s trajectory, economists said.
Lotte Chemical Titan Unit, Indonesian Subsidiary In US$25.29 Mln Naphtha Deal
KUALA LUMPUR, April 20 (Bernama) -- Lotte Chemical Titan Holding Bhd’s wholly owned subsidiary, Lotte Chemical Titan (M) Sdn Bhd (LCTM), and its Indonesian subsidiary, PT Lotte Chemical Indonesia (LCI), have entered into a contract for the sale of naphtha worth US$25.29 million (US$1=RM3.90).
Malaysia's Trade Expands 10.4 Pct To RM789.85 Bln In 1Q 2026 Despite Global Uncertainties - MITI
KUALA LUMPUR, April 20 (Bernama) -- Malaysia’s trade remained on an expansionary path in the first quarter (1Q) of 2026, expanding by 10.4 per cent to RM789.85 billion versus the same period in 2025, despite ongoing global uncertainties, said the Ministry of Investment, Trade and Industry (MITI).
Naico Malaysia Launches MyAERO Challenge To Strengthen National Talent Pipeline
KUALA LUMPUR, April 20 (Bernama) -- The National Aerospace Industry Corporation Malaysia (Naico Malaysia) has launched the MyAERO Challenge 2026, a national-level initiative aimed at building a sustainable aerospace talent pipeline.
Empire Premium Food Aims For 3-5 Pct Yearly Same Store Growth
KUALA LUMPUR, April 17 (Bernama) -- Food and beverage company Empire Premium Food Bhd aims to achieve three to five per cent increase of same store growth (SSG) every year, with the benchmark set as a key performance indicator (KPI) for outlet managers.
IMF Raises Malaysia’s Real GDP Growth Forecast To 4.7 Pct For 2026, 4.3 Pct In 2027
KUALA LUMPUR, April 14 (Bernama) -- The International Monetary Fund (IMF) has raised its projection for Malaysia's real gross domestic product (GDP) growth to 4.7 per cent for 2026, representing an upward revision of 0.4 percentage points.
Energy Crisis: Sea And Land Transport Sectors Remain Relatively Stable - Akmal Nasrullah
KUALA LUMPUR, April 14 (Bernama) -- Malaysia’s sea and land transport sectors remain relatively stable, particularly in cargo handling and public transport passenger movement, despite the ongoing global energy crisis.
Govt Agrees To Raise Biodiesel Blend From B10 To B15 - Akmal Nasrullah
KUALA LUMPUR, April 14 (Bernama) -- The government has agreed to increase the biodiesel blend rate from B10 to B15, beginning with B12, in order to further sustain the country’s diesel supply following the crisis in West Asia.
TNB Actively Operationalising Its Target Of 70 Pct Renewable Energy Capacity By 2050
KUALA LUMPUR, April 13 (Bernama) -- Tenaga Nasional Bhd (TNB) is actively operationalising its roadmap to achieve 70 per cent renewable energy (RE) capacity by 2050, chief sustainability officer Leo Pui Yong said.