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Sales Tax Rate Revision, Service Tax Scope Expansion To Be Effective July 1, 2025 – MOF

PUTRAJAYA, June 9 (Bernama) -- The government will implement a revision of the Sales Tax rates and an expansion of the Service Tax’s scope effective from July 1, 2025, in order to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.

Foreign Investors Pull RM6.21 Bln From Asian Markets

KUALA LUMPUR, June 9 (Bernama) -- Foreign investors extended their net selling in Asian markets for a third consecutive week, recording an outflow of RM6.21 billion, or US$1.47 billion, significantly higher than the previous week’s outflow of US$170.8 million (US$1=RM4.23).

Future Success Of Individuals, Companies, And Nations Set To Be Measured By AI — Tengku Zafrul

KUALA LUMPUR, May 28 (Bernama) — The success of individuals, companies and nations in the future could be measured by how effectively they deploy and use artificial intelligence (AI), said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. 

Jumio: 69 Pct Consumers Say AI Fraud Tops Identity Theft Risk

KUALA LUMPUR, May 23 (Bernama) -- Jumio, a leader in artificial intelligence (AI)-powered identity intelligence, reveals that 69 per cent of consumers now view AI-powered fraud as a greater threat to their personal security than traditional identity theft.

Malaysia Intensifies Aerospace, Maritime Growth To Strengthen Economic Resilience

KUALA LUMPUR, May 21 (Bernama) -- The Malaysian Investment Development Authority (MIDA) reaffirmed the nation’s commitment to accelerating growth in the aerospace, and shipbuilding and ship repair (SBSR) sectors to strengthen economic resilience.

News Analysis: US Tariffs Pose Short-Term Threat, ASEAN Resilience Will Prevail Over Long Term

KUALA LUMPUR, May 13 (Bernama-Xinhua) -- Wide-ranging unilateral tariffs imposed by the administration of the US President Donald Trump will cause short-term problems for certain sectors of the export-oriented states of the Association of Southeast Asian Nations (ASEAN) grouping, but will lose their bite over time considering the resilience of these countries, according to analysts.

Japan's Marubeni Corp Backs Local MRO's Ambition, Sees Big Aviation Opprtunities In Malaysia

SHAH ALAM, May 8 (Bernama) -- Japan’s Marubeni Corporation sees Malaysia’s location at the centre of Southeast Asia as ideal for developing the region’s aviation industry.

Malaysia Autoshow 2025 Opens, Showcasing Next-gen Vehicles And Technologies

SERDANG, May 8 (Bernama) -- The Malaysia Autoshow 2025 (MAS2025) kicked off today, showcasing the latest models and technologies from both global and local automotive industry leaders. 

PayNet Launches Malaysia’s First Fintech Hub

KUALA LUMPUR, May 5 (Bernama) --  Payments Network Malaysia Sdn Bhd (PayNet) has launched the country’s first financial technology (fintech) hub aimed at accelerating the growth of local startups through structured support including funding, mentorship and international exposure.

MSB Global Unveils Plans For EV Charger, Lubricant Manufacturing

KUALA LUMPUR, April 15 (Bernama) -- MSB Global Group Bhd is accelerating its diversification efforts, with plans to launch an in-house electric vehicle (EV) charger brand by the second quarter of 2025 (2Q2025), while also preparing to transition from a trading-based business to a lubricant manufacturer.

Current Account To Stay Resilient, Driven By Strong Manufacturing Exports - BNM

KUALA LUMPUR, March 24 (Bernama) -- Bank Negara Malaysia (BNM) expects the country’s current account to remain resilient over the medium term, supported by robust manufacturing exports.

Quantexa Secures US$175 Mln In Series F Funding To Fuel AI Growth, Expansion

KUALA LUMPUR, March 6 (Bernama) -- Quantexa, a global leader in Decision Intelligence (DI) solutions, has successfully completed a US$175 million Series F investment round, led by Teachers’ Venture Growth (TVG). (US$1=RM4.41)