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Bank Negara's International Reserves Rise To US$120.6 Bln

KUALA LUMPUR, July 7 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) rose to US$120.6 billion (US$1=RM4.20) as of June 30, 2025, up from US$119.9 billion recorded on June 13, 2025.

Over RM2.2 Mln In Subsidies Still Available Under i-MULA 50 Insurance Initiative, Says LIAM

KUALA LUMPUR, July 7 (Bernama) -- More than RM2.2 million in subsidies remain available under the i-MULA 50 Starter Pack programme for first-time insurance buyers, according to the Life Insurance Association of Malaysia (LIAM).

Behind The Diplomatic Curtain: Civil Servants Who Keep Malaysia Moving Abroad

MOSCOW, June 30 (Bernama) -- The spotlight may be on Deputy Prime Minister Datuk Seri Fadillah Yusof as he traversed the Central Asian plains and the Russian heartland, but behind the scenes, a small band of Malaysian diplomats and civil servants worked tirelessly and often inconspicuously to ensure everything went according to script.

Lessons On Insurance To Be Learnt From USJ Putra Heights Gas Pipeline Explosion

KUALA LUMPUR, June 25 (Bernama) -- It’s been about three months since the devastating gas pipeline explosion and fire at USJ Putra Heights. Fortunately, there were no fatalities. It shocked Malaysians. Questions are still being asked as to the compensation for damages to houses, properties, possessions and injuries sustained.

Govt Approves Venture Capital Tax Incentives To Boost Investments In Startups

KUALA LUMPUR, June 24 (Bernama) -- The government has approved new venture capital (VC) tax incentives to include a five per cent concessionary tax rate for up to 10 years for eligible fund entities investing at least 20 per cent in local startups, said Finance Minister II Datuk Seri Amir Hamzah Azizan. 

CRRC Dalian To Deliver First ECRL Trains In October

By Norsyafawati Ab Wahab

DALIAN (China), June 23 (Bernama)– The first two sets of Electric Multiple Unit (EMU) trains, along with two electric locomotives for cargo transportation under the East Coast Rail Link (ECRL) project, are expected to be shipped out from Dalian, China to Malaysia in October this year.

BNM's International Reserves Rise To US$119.9 Bln

KUALA LUMPUR, June 20 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) increased marginally to US$119.9 billion (US$1=RM4.24) as at June 13, 2025, from US$119.60 billion recorded as at May 30, 2025.

MDEC Plays Leading Role In Johor's Aspiration To Become Asia's Digital Hub

ISKANDAR PUTERI, June 18 -- The Malaysia Digital Economy Corporation (MDEC) plays a leading role in realising Johor’s aspiration to become Asia’s digital hub through various strategic initiatives and inter-agency collaborations.

Kuka Robotics To Boost Automation, Robotics In Malaysia, Southeast Asia With New Penang Branch

BATU KAWAN, June 18 (Bernama) -- Kuka Robot Automation (M) Sdn Bhd (Kuka Robotics Malaysia) reinforces its commitment to advancing industrial automation and robotics innovation in Malaysia and Southeast Asia with the launch of its new branch in Penang here today.

Putra Heights Incident Boosts Insurance Awareness, Growth – Liberty CEO

KUALA LUMPUR, June 11 (Bernama) – Malaysia’s general insurance industry is set to expand further in the next few years due to greater awareness of the importance of insurance coverage after the unfortunate Putra Heights gas explosion, which caused extensive damage to homes and properties.

Sarawak Inks Deal With China's Energy Giants For Bakun Floating Solar Project

KUCHING, June 10 (Bernama) -- Sarawak takes another step to strengthen its energy security and environmental sustainability with the formalisation of a memorandum of understanding (MoU) with two of China’s leading companies to develop a floating solar project at the Bakun Hydroelectric Plant (HEP) reservoir.

Tax Experts: Targeted SST Review Supports Fiscal Health

By Anas Abu Hassan

KUALA LUMPUR, June 9 (Bernama) -- The revision of Sales Tax rates and the expansion of the Service Tax scope form part of targeted fiscal measures to keep the nation’s finances on a sustainable path, tax experts said.