AI On Track To Contribute Up To 1.2 Pct To GDP, Worth RM20 Bln Annually

KUALA LUMPUR, Dec 3 (Bernama) -- The artificial intelligence (AI) sector is expected to contribute an additional 0.8-1.2 per cent to Malaysia’s gross domestic product by 2030, equivalent to RM13-20 billion a year, according to the Ministry of Digital.

PAC Urges Khazanah To Strengthen Non-financial Risk Analysis

KUALA LUMPUR, Dec 3 (Bernama) -- The Public Accounts Committee (PAC) has recommended that Khazanah Nasional Bhd strengthen its risk management framework by conducting deeper scenario analyses on non-financial market shocks such as technological and geopolitical changes.

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.

JLG Eyes RM40 Bln Investment From Second Phase Of Data Centre Project In IBTEC

JOHOR BAHRU, Dec 2 (Bernama) -- JLand Group Sdn Bhd (JLG) has targeted investments of about RM40 billion within the next three years for the second phase of its data centre development project known as StepWest.

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.

Bursa Malaysia Ends Higher On Improved Regional Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia’s key index sustained its uptrend but closed off its intraday high as investor sentiment continued to improve amid broad gains across major Asian markets, said an analyst.

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.

Banks To Offer Goodwill Discounts For Early Settlement Of Hire-Purchase Agreements

KUALA LUMPUR, Dec 2 (Bernama) -- Malaysia’s banks will offer goodwill discounts for early settlement of existing fixed-rate hire-purchase agreements following the Dewan Negara’s passing of the Hire-Purchase (Amendment) Bill yesterday.

National Debt Gradually Repaid To Avoid Disrupting Country’s Development -- PM Anwar

KUALA LUMPUR, Dec 2 (Bernama) -- The government’s debt is being repaid in stages, following set timelines to ensure the repayment does not disrupt the country’s development, said Prime Minister Datuk Seri Anwar Ibrahim.

Bursa Malaysia In Positive Territory At Midday

KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia ended the morning session higher today, supported by the strengthening ringgit amid improving investor sentiment.

BUDI95: 13.9 Mln Enjoyed Petrol Subsidy Programme, With RM5.16 Bln In Sales As Of Nov 30 -- Lim

KUALA LUMPUR, Dec 2 (Bernama) -- More than 84 per cent of 16.5 million eligible Malaysians, or 13.9 million, have enjoyed the RON95 petrol price of RM1.99 per litre under the BUDI MADANI RON95 (BUDI95) programme as of Nov 30, 2025, according to Deputy Finance Minister Lim Hui Ying.

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.