DRB-HICOM To Buy Spirit My For US$110.62 Mln

KUALA LUMPUR, Dec 4 (Bernama)  -- DRB-Hicom Bhd has proposed to purchase the entire equity interest in Spirit Aerosystems Malaysia Sdn Bhd (Spirit MY) for US$110.62 million (US$1=RM4.1115), up from the earlier estimated enterprise value of US$95.2 million.

Paragon Globe Unit To Sell Land In Johor Worth RM64.47 Mln

KUALA LUMPUR, Dec 4 (Bernama) -- Paragon Globe Bhd‘s wholly owned unit PGB Landmark Sdn Bhd planned to sell a parcel of freehold land in Tanjung Kupang, Johor for RM64.47 million to GSP Automotive Malaysia Sdn Bhd.

EcoWorld’s EBP7 Forum Sparks New Industrial Momentum In MVV 2.0

SEREMBAN, Dec 4 (Bernama) -- Eco Business Park VII (EBP7), EcoWorld’s next-generation integrated industrial hub in Malaysia Vision Valley 2.0 (MVV 2.0), hosted the 'EcoWorld Connects: Business Ascend Forum', bringing together industry experts and business partners to discuss ASEAN opportunities, industrial transformation and the rise of the artificial intelligence (AI)-driven economy.

Govt Urged To Scrap 5 Pct Sales Tax On Sawn Timber, Review SST Expansion

KUALA LUMPUR, Dec 3 (Bernama) -- The government has been urged to exempt the five per cent sales tax on sawn timber and to review the expanded scope of the Sales and Services Tax (SST), which has resulted in double taxation for the timber and wood-based industries.

MITI To Attract More Investments For Large-scale Green Transition -- Liew

KUALA LUMPUR, Dec 3 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will work to attract more investments in the green transition to ensure the country's green transition can be implemented on a larger scale.

BNPL Loans At RM4.2 Bln As Of Sept 30, 2025 -- MOF

KUALA LUMPUR, Dec 3 (Bernama) -- The total buy now pay later (BNPL) scheme loans as of Sept 30, 2025 were RM4.2 billion covering seven million active account holders in the country, comprising 0.3 per cent of the total household indebtedness in Malaysia.

RM326 Mln For Sarawak Agri Sector Under 2026 State Budget -- Stephen Rundi

KUCHING, Dec 2 (Bernama) -- Sarawak’s Ministry of Food Industry, Commodity and Regional Development has been allocated RM326 million under the state Budget 2026, said its minister Datuk Seri Dr Stephen Rundi Utom.

China Signals Interest In Strengthening Trade And Investment, Proposes MoU -- Tengku Zafrul

KUALA LUMPUR, Dec 2 (Bernama) -- China has signalled its intention to deepen trade and investment cooperation with Malaysia by proposing a memorandum of understanding (MoU), following recent discussions in Beijing on the Agreement on Reciprocal Trade (ART), said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Govt Has Repaid RM42 Bln Of 1MDB Debts -- PM Anwar

KUALA LUMPUR, Dec 2 (Bernama) -- 1Malaysia Development Bhd's (1MDB) debts have not been fully settled, with total financial obligations exceeding RM50 billion, said Prime Minister Datuk Seri Anwar Ibrahim.

Govt Committed To Further Reducing New Debt In 2025 At RM75 Bln -- PM Anwar

KUALA LUMPUR, Dec 2 (Bernama) -- The government is committed to further reducing new debt in 2025, projected at about RM75 billion, said Prime Minister Datuk Seri Anwar Ibrahim.

Industry Framework Scores Incentives Will Be Based On Outcomes, Not Investment Amounts -- Tengku Zafrul

By NurulJannah Kamaruddin & Nur Aiman Najwa Dzamae

KUALA LUMPUR, Dec 2 (Bernama) -- Incentives under the National Industry Investment Framework (NIIF) will vary based on actual outcomes rather than the size of the investment.

Malaysia's Involvement In BRICS Drives Faster Economic Growth - Wisma Putra

KUALA LUMPUR, Dec 1 (Bernama) -- The government views Malaysia’s involvement in BRICS as being aligned with efforts to drive the national economy to grow more rapidly, sustainably and resiliently.