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New Investment Incentive Framework: A Leap Towards High-Income Economy

By Zufazlin Baharuddin & Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 20 (Bernama) -- The New Investment Incentive Framework, announced in Budget 2025, marks Malaysia’s bold move to position itself as a high-income nation by prioritising high-value sectors, mainly in digitalisation and artificial intelligence (AI) within the digital economy.

IHH Healthcare Donates RM1 Mln For Flood Relief Efforts

KUALA LUMPUR, Dec 20 (Bernama) -- In light of recent floods across Malaysia, IHH Healthcare Group is donating RM1 million to the Malaysian Red Crescent Society (MRCS) and MERCY Malaysia, with RM500,000 allocated to each organisation to support critical relief efforts and address the widespread post-flood impacts.

MRCB Issues Termination Notice For Teaming Agreement With Berjaya Regarding KL-SG HSR Project

KUALA LUMPUR, Dec 19 (Bernama) -- The Malaysian Resources Corporation Bhd (MRCB) has announced that it has issued a notice of termination to Berjaya Rail Sdn Bhd, ending their teaming agreement. 

Lotus Circular To Acquires Earthwise, Expert For RM100 Mln

KUALA LUMPUR, Dec 19 (Bernama) -- Lotus Circular Bhd (LCB) has proposed to acquire the entire equity interest in Earthwise Resources Sdn Bhd and the entire equity interest in Expert Resource Management Sdn Bhd for a total purchase consideration of RM100 million. 

Healthcare, Education Sectors Likely Prime Targets For Ransomware Attacks In 2025 - Sophos

KUALA LUMPUR, Dec 18 (Bernama) -- Healthcare and education sectors are expected to be the prime targets for ransomware attacks next year, according to cybersecurity solutions provider Sophos Ltd.

MRCB Withdraws From Berjaya-led Consortium For KL-SG HSR Project

KUALA LUMPUR, Dec 18 (Bernama) -- The Berjaya Corporation Bhd-led consortium, which participated in the request for information (RFI) exercise by MyHSR Corporation Sdn Bhd for the Kuala Lumpur-Singapore High-Speed Rail (KL-SG HSR) project, has announced that one of its partners has decided to withdraw. 

Malaysian Developers Shine With 11 Wins At Propertyguru Asia Property Awards In Bangkok

KUALA LUMPUR, Dec 18 (Bernama) -- Malaysian property developers made their mark at the 19th Annual PropertyGuru Asia Property Awards Grand Final at The Athenee Hotel, in Bangkok, securing 11 prestigious awards.

Key Projects Make Rapid Progress, Changing Malaysia’s Transportation Landscape

KUALA LUMPUR, Dec 18 (Bernama) – Malaysia’s infrastructure landscape is undergoing significant changes, with major transportation projects driving greater connectivity and growth while transforming the skyline of cities and townships in an unprecedented manner.

Cypark, Terengganu Inc To Develop Hybrid Hydro Floating Solar Plant At Tasik Kenyir

KUALA LUMPUR, Dec 6 (Bernama) -- Cypark Resources Bhd and Terengganu Inc Sdn Bhd have entered into a partnership to develop a 500 megawatt (MW) hybrid hydro floating solar (HHFS) plant at Tasik Kenyir, Terengganu. 

Alliance Bank Announces BizSmart Challenge Champions, Recognises Malaysia’s Top Emerging Enterprises

KUALA LUMPUR, Dec 5 (Bernama) -- BioLopp, Gula Cakery and HiiVolt, three emerging enterprises have been named as the top three winners for the BizSmart Challenge Accelerator Edition, an event that celebrates and recognises Malaysia’s top emerging enterprises.

MOF Focusing On Progressive Taxation, Sustainable Budgeting To Prioritise Critical Sectors

KUALA LUMPUR, Dec 5 (Bernama) -- The Ministry of Finance (MoF) will focus on progressive taxation to ensure fairness, sustainable budgeting to prioritise critical sectors such as education and healthcare, and responsible debt management to support development in line with the aspirations of the MADANI Economy framework.

AI-Media Secures 5-year Deal With CME To Enhance Accessibility In Central, Eastern Europe

KUALA LUMPUR, Dec 5 (Bernama) -- AI-Media, a global leader in artificial intelligence (AI)-driven live and recorded captioning and language technology, has announced a strategic five-year agreement with Central European Media Enterprises (CME), its first major deal in Central and Eastern European.