MITI To Implement New Incentive Framework From March 2026

KUALA LUMPUR, Jan 29 (Bernama) -- The government will implement the New Incentive Framework (NIF) effective March 1, 2026, beginning with the manufacturing sector and followed by the services sector in the second quarter of 2026, according to the Ministry of Investment, Trade and Industry (MITI).

Ringgit Retreats Against US Dollar After Fed Holds Rates

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 29 (Bernama) -- The ringgit closed lower against the US dollar today following the United States Federal Reserve’s decision to keep interest rates unchanged, which supported the greenback.

GWM Strengthens Local Automotive Commitment With Launch Of CKD WEY G9

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Jan 29 (Bernama) --  Great Wall Motor (GWM) Malaysia has strengthened its long-term commitment to the country’s automotive industry with the launch of its latest model, the locally assembled (CKD) WEY G9 Hi4 PHEV (WEY G9), aimed at supporting technology transfer within the new energy vehicle segment.

Bursa Malaysia Ends Lower As Profit-Taking Gathers Pace

By Karina Imran

KUALA LUMPUR, Jan 29 (Bernama) -- Bursa Malaysia extended its pullback as profit-taking intensified, with most sectors closing lower in a broad-based consolidation, an analyst said.

Multi-Color Corporation Begins Prepackaged Process To Restructure Balance Sheet

KUALA LUMPUR, Jan 29 (Bernama) -- Multi-Color Corporation (MCC) has commenced its prepackaged Chapter 11 process in the United States Bankruptcy Court for the District of New Jersey to implement a previously announced restructuring support agreement (RSA) aimed at resetting its balance sheet and positioning the company for long-term growth and investment.

Dubai Gold District Debuts As Global Gold, Jewellery Hub

KUALA LUMPUR, Jan 29 (Bernama) -- Ithra Dubai has officially launched the Dubai Gold District, a purpose-built destination designed to significantly enhance Dubai’s position as the world’s leading hub for the gold and jewellery trade.

Malaysia’s Automotive Ecosystem A Competitive Base For Export-Oriented Vehicle Assembly - Sim

KUALA LUMPUR, Jan 29 (Bernama) -- Malaysia’s automotive ecosystem continues to strengthen the country’s position as a competitive base for higher-value vehicle assembly and export-oriented manufacturing, according to Deputy Minister of Investment, Trade and Industry Sim Tze Tzin.

Bursa Malaysia's Net Profit Falls To RM250.16 Mln In FY2025

KUALA LUMPUR, Jan 29 (Bernama) -- Bursa Malaysia Bhd recorded a net profit of RM250.16 million for the financial year ended Dec 31, 2025 (FY2025), down from RM310.12 million in the preceding year following a decline in securities trading volume.

Bursa Malaysia Starts Lower On Profit-taking

KUALA LUMPUR, Jan 29 (Bernama) -- Bursa Malaysia opened lower on Thursday as investors booked profits from recent gains and assessed the impact of the US Federal Reserve (Fed) decision to keep interest rates unchanged.

Ringgit Rises To 3.9130 Vs Greenback On Strong Fundamentals, US Fed Holds Rates

KUALA LUMPUR, Jan 29 (Bernama) -- The ringgit opened marginally firmer against the US dollar on Thursday, supported by confidence in Malaysia’s economic growth and solid domestic fundamentals, as investors digested the US Federal Reserve (Fed)’s decision to keep interest rates unchanged.

Sales Tax On LVG Contributes RM817 Mln In Additional Revenue In 2025 - MOF

KUALA LUMPUR, Jan 29 (Bernama) -- Sales tax on low value goods (LVG) contributed an additional revenue of RM817 million last year, up from RM476 million in 2024, according to the Ministry of Finance (MoF).

ART Does Not Change Direction Of Country's Nuclear Policy - PETRA

KUALA LUMPUR, Jan 28 (Bernama) -- The Ministry of Energy Transition and Water Transformation (PETRA) said the Malaysia-United States Agreement on Reciprocal Trade (ART) does not change the direction of the country's nuclear policy.