Government Mulls Raising Tobacco Tax — Anwar
PUTRAJAYA, Aug 7 (Bernama) -- The government is considering a proposal to raise the tobacco tax rate, Prime Minister Datuk Seri Anwar Ibrahim said on Thursday.
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MITI Projects Approved Investments Of RM104 Bln In 2025
KUALA LUMPUR, Aug 6 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) has projected 2025’s approved investments to amount to RM104 billion involving manufacturing and selected services sectors under the purview of the Malaysian Investment Development Authority (MIDA).
MITI Projects 2025 Approved Investments Of RM104 Bln For Manufacturinig And Services
KUALA LUMPUR, Aug 6 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) has projected 2025’s approved investments to amount to RM104 billion involving manufacturing and selected services sectors under the purview of the Malaysian Investment Development Authority (MIDA).
Govt To Announce New Programme To Replace NEM 3.0
KUALA LUMPUR, Aug 6 (Bernama) -- The government is currently reviewing the Net Energy Metering (NEM) programme and is expected to announce a new scheme this month, in line with the revised electricity tariff structure to ensure a more equitable distribution of energy subsidies.
Structural Reforms Continue To Underpin Malaysia's Resilience -- BNM Governor
KUALA LUMPUR, Aug 5 (Bernama) -- Structural reforms continue to underpin Malaysia’s resilience, strengthening fiscal discipline, attracting high-quality investment and expanding economic opportunities, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour today.
CIMB Securities Upgrades Westports To Buy On Stronger 2H 2025 Results Projection
KUALA LUMPUR, Aug 4 (Bernama) -- CIMB Securities Sdn Bhd has upgraded Westports Holdings Bhd to “Buy” from “Hold” driven by higher container revenue following Port Klang’s new tariff implementation and higher transhipment volumes on the back of new services.
Bursa Malaysia Opens Lower On Concerns Over Weaker US Economic Data
KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia retreated from last week’s gains to open lower on Monday, tracking Wall Street’s losses last Friday as investors remain concerned over weaker US economic data coupled with impacts from President Donald Trump’s tariff war.
US Tariff Rate To Have No Impact On Nation's Commodities Market - Johari
JOHOR BAHRU, Aug 2 (Bernama) -- The United States’ move to impose a 19 per cent reciprocal tariff rate on Malaysian goods will not have any impact on the competitiveness of Malaysia’s commodities in the global market, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.
Ringgit To Trade At 4.25-4.26 Vs Greenback On Fed Rate Cut Optimism
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 2 (Bernama) -- The ringgit is expected to trade between 4.25 and 4.26 against the US dollar next week, following weaker-than-expected United States (US) Nonfarm Payrolls (NFP) data for July, which may prompt the US Federal Reserve (Fed) to consider an interest rate cut at its September meeting.
Malaysia Upholds Finance, Procurement And Bumiputera Policies As US Eases Export Tariffs
KUALA LUMPUR, Aug 1 (Bernama) -- The government remains firm on matters related to policies in the financial system, government procurements, and Bumiputera interests during negotiations with the United States (US) on reciprocal tariffs.
CIMB Securities Expects Chinese Glove Makers To Shift Production To ASEAN Region Upon Revised US Tariff
KUALA LUMPUR, Aug 1 (Bernama) -- CIMB Securities Sdn Bhd expects the revised United States tariff rates for glove-producing countries will prompt Chinese glove makers to shift production to the ASEAN region, particularly Indonesia.
US Tariff Reduction Positive For Malaysia’s Export Sector -- Chow
GEORGE TOWN, Aug 1 (Bernama) -- The United States’ (US) decision to reduce the tariff rate from 25 per cent to 19 per cent is a positive development for Malaysia’s export sector, particularly in Penang, which is active in industries such as electrical and electronics (E&E), manufacturing, and medical devices.