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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).
By Farhana Poniman
GEORGE TOWN, Nov 30 (Bernama) — Penang is on track to become one of Malaysia’s leading states in renewable energy adoption, particularly in solar power, driven by its robust industrial base and rising sustainability awareness.
KUALA LUMPUR, Nov 28 (Bernama) -- Moody’s Ratings has revised its outlook on Malaysia’s A3-rated power sector to positive from stable, citing the implementation of a new tariff mechanism that enables more timely and effective fuel cost adjustments.
LABUAN, Nov 28 (Bernama) -- Labuan International Business and Financial Centre (Labuan IBFC) is positioning itself as a regional hub for environmental, social, and governance (ESG)-aligned, Shariah-compliant and digitally driven financial solutions in full support of Malaysia’s sustainability agenda.
KUALA LUMPUR, Nov 27 (Bernama) -- From the establishment of the Asset Recovery Trust Account (AA MKA) in December 2018 until Sept 30, 2025, the government has recovered RM31.2 billion (including proceeds and foreign exchange adjustments) related to 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd (SRC), said the Ministry of Finance (MOF).
KUALA LUMPUR, Nov 27 (Bernama) -- Nearly RM200 billion in exports to the United States, along with over a million jobs and 7,700 small and medium enterprises (SMEs), would have been at risk if market access to the United States were lost due to the Agreement on Reciprocal Trade (ART) not being concluded.
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.
KUALA LUMPUR, Nov 25 (Bernama) -- Permodalan Nasional Bhd (PNB) will launch zakat assessment for Fixed Price Funds managed by Amanah Saham Nasional Bhd (ASNB) through the al-Mustaghallat zakat method via Khultah (collective) in mid-2026.
KUALA LUMPUR, Nov 25 (Bernama) -- Malaysia offers no blanket sales tax exemption on goods imported through foreign online portals, Finance Minister II Datuk Seri Amir Hamzah Azizan said.
KUALA LUMPUR, Nov 24 (Bernama) -- Although the High-Value Goods Tax (HVGT) was not implemented, its core principles have been reviewed and incorporated into improvements to existing tax laws through the revised sales tax rates and the expansion of the service tax (SST) scope.
KUALA LUMPUR, Nov 24 (Bernama) -- Port Klang has officially secured its place among the world’s Top 10 container ports in the Lloyds List of the World’s Top 100 Ports 2025, with the historic milestone being reached with the handling of 14.64 million twenty-foot equivalent units (TEUs) in 2024.
From M. Saraswathi
JOHANNESBURG, Nov 23 (Bernama) -- Prime Minister, Datuk Seri Anwar Ibrahim urged G20 member states to move beyond rhetoric and take concrete steps to address longstanding global trade inequities, particularly those affecting countries in the Global South.
