LATEST NEWS   Malaysia is committed to advance ASEAN’s outward-looking approach built on trust, inclusivity and mutual benefit. - FM Mohamad | Algeria and Uruguay’s accessions to the TAC pave way for deeper cooperation betwen ASEAN and both regions - FM Mohamad | Algeria and Uruguay officially accede to ASEAN’s TAC at 58th AMM in Kuala Lumpur | Bank Negara Malaysia's Monetary Policy Committee has reduced the Overnight Policy Rate by 25 basis points to 2.75 per cent | The ceiling and floor rates of the corridor of the OPR are correspondingly reduced to 3 pct and 2.5 pct, respectively - BNM | 

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MyPOWER Signs NDA With Rosatom Energy Projects For Nuke Development

MOSCOW, June 27 (Bernama) -- Malaysia’s MyPOWER Corporation today signed a non-disclosure agreement (NDA) with Russia's Rosatom Energy Projects for knowledge sharing in terms of nuclear energy development. 

Fadillah Holds Meeting With Rosatom On Nuclear Energy Development

From Siti Radziah Hamzah

MOSCOW, June 27 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof today held a meeting with Russia's state nuclear corporation Rosatom’s director-general Alexey Likhachev to discuss bilateral cooperation in nuclear energy. 

After Apples And Oranges, MoF Announces Exemption For Beauty Services From Service Tax Expansion

KUALA LUMPUR, June 27 (Bernama) -- The Ministry of Finance (MoF) announced today that, after carefully considering public sentiment, it has decided not to proceed with the proposed expansion of the Service Tax to beauty services such as manicures and pedicures, facial services, and barbers and hairdressers.

South Korea–Malaysia FTA To Deepen Ties, Says Envoy

By Nur Atiq Maisarah Suhaimi & & Nur Elysa Amirah Suhaimi

KUALA LUMPUR, June 27 (Bernama) -- South Korean Ambassador to Malaysia, Yeo Seung Bae, expressed Seoul’s strong commitment to concluding a free trade agreement (FTA) with Malaysia, saying the partnership is poised to become stronger and more comprehensive.

Tengku Zafrul Discusses Economic Cooperation With Singapore, Indonesia Leaders

KUALA LUMPUR, June 27 (Bernama) -- Investment, Trade and Industry Minister, Tengku Datuk Seri Zafrul Abdul Aziz, held discussions with leaders from Singapore and his counterpart from Indonesia to enhance and strengthen economic cooperation for the mutual benefit of the three neighbouring countries.

Amir Hamzah Tasked To Carry Out Duties And Functions Of Minister Of Economy

PUTRAJAYA, June 27 (Bernama) -- Finance Minister II Datuk Seri Amir Hamzah Azizan has been given the responsibility of carrying out the duties and functions of the Minister of Economy with immediate effect.

 

PwC Malaysia's Entry Into TRX Will Boost The International Financial Centre -- Amir Hamzah

KUALA LUMPUR, June 26 (Bernama) -- PricewaterhouseCoopers Malaysia Holdings Sdn Bhd’s (PwC Malaysia) entry into Tun Razak Exchange (TRX) as an anchor in a new building that is being developed positions Kuala Lumpur as a premier destination for global businesses.

Middle East Geopolitical Tensions And Their Short-term Impact On Malaysia - Amir Hamzah 

KUALA LUMPUR, June 26 (Bernama) — The ongoing geopolitical tensions in the Middle East are having a short-term impact on Malaysia, particularly in terms of economic stability, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Apples, Oranges To Be Exempted From SST - PM Anwar

PUTRAJAYA, June 26 (Bernama) — The government will grant a Sales and Service Tax (SST) exemption for certain imported fruits, including apples and oranges, following public feedback regarding prices of local and imported fruits, Prime Minister Datuk Seri Anwar Ibrahim said.

Malaysia Can Be Kyrgyz Republic's Gateway To ASEAN -- Liew Chin Tong

KUALA LUMPUR, June 25 (Bernama) -- Malaysia, which is currently the sixth largest exporter of semiconductors globally, can be Kyrgyz Republic's gateway to ASEAN, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

Malaysia, Russia Explore New Cooperation Opportunities Including Energy Sector

From Siti Radziah Hamzah

MOSCOW, June 25 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof today began his official working visit in the Russian capital with a bilateral meeting with his counterpart Alexei Overchuk.

Kyrgyz President Meets Malaysian Company Officials, Discusses Investment Opportunities

KUALA LUMPUR, June 25 (Bernama) -- Kyrgyz Republic President Sadyr Zhaparov today attended a meeting session with representatives of Malaysian companies to explore business cooperation and investment opportunities between the two countries.