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Kemaman Port Needs Updating, Sandakan Joins ASEAN Liberalisation -- MOT

KUALA LUMPUR, Aug 18 (Bernama) – The Ministry of Transport (MOT) has requested that Kemaman Port Consortium update and submit its development proposal for Kemaman Port, in line with the port development plan and concession agreement.

Malaysia Concludes FTA Talks With S. Korea, Signing Expected In October – Tengku Zafrul

By Nur Ashikin Abdul Aziz

SINGAPORE, Aug 18 (Bernama) -- Malaysia has concluded negotiations for a free trade agreement (FTA) with South Korea and is expected to sign the agreement in October, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz.

SIC Eyes Long-Term Expansion After Return To Profitability - CEO

By Siti Radziah Hamzah

KUALA LUMPUR, Aug 17 (Bernama) – After weathering the financial strain due to the COVID-19 pandemic, the Sepang International Circuit (SIC) is charting a new growth trajectory, anchored by land monetisation, strategic investments and expanded commercial offerings.

AKPK Offers Free Financial Advisory Service For MHIT Policyholders Facing Premium Hikes

KUALA LUMPUR, Aug 15 (Bernama) -- The Credit Counselling and Debt Management Agency (AKPK) has introduced a free financial management service to assist policyholders affected by premium increases for their medical and health insurance and takaful (MHIT) plans.

Petronas Ownership Remains Under Federal Govt, Steps Taken To Enhance Participation Of States -- Azalina

KUALA LUMPUR, Aug 14 (Bernama) -- The ownership of Petroliam Nasional Bhd (Petronas) remains with the federal government, although steps were taken to enhance the participation of states through strategic collaboration platforms, joint project implementation, and involvement in the value chain, said Minister in the Prime Minister’s Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said.

SST Maintained Due To Broad Industry Understanding – MOF

KUALA LUMPUR, Aug 13 (Bernama) -- The government is of the view that revenue collection under consumption tax through the Sales and Service Tax (SST) should be continued and can be further improved, as it is an existing tax that is already understood by the industry, traders, and the public.

Basic Metals, Non-metallic Minerals And Wood Products Drive Foreign Investments In Sabah

KUALA LUMPUR, Aug 12 (Bernama) -- The three main industries in Sabah that recorded the highest foreign investments over the past decade (2015 to 2024) in the manufacturing sector were basic metal products, non-metallic mineral products, and wood products, according to the Ministry of Investment, Trade and Industry (MITI).

Sabah Given Broader Participation In Oil And Gas Industry - Azalina

KUALA LUMPUR, Aug 11 (Bernama) --  Sabah has been given broader participation in the oil and gas industry value chain, including through the active involvement of state-owned companies such as SMJ Energy Sdn Bhd (SMJE) via the Commercial Collaboration Agreement (CCA).

Malaysia Confident Of Achieving RM13 Bln Investment Target Through Expo 2025 Osaka — Tengku Zafrul

OSAKA (Japan), Aug 9 (Bernama) -- Malaysia is optimistic about achieving its investment target of RM13 billion by participating in Expo 2025 Osaka, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. 

Gold Prices To Rise 10 Pct By September On Possible Fed Rate Cut

KUALA LUMPUR, Aug 8 (Bernama) -- Gold is expected to increase by a further record-breaking 10 per cent in September from the current level of US$3,370 per ounce, driven by expectations that the United States (US) Federal Reserve (Fed) will lower its interest rates.

Malaysia Airlines' "On-time Performance" For Domestic Flights At 85.3 Pct As Of May 2025 -- MOT

KUALA LUMPUR, Aug 7 (Bernama) -- Malaysia Airlines  (MAS) achieved an on-time performance (OTP) of 85.3 per cent for domestic flights as of May 2025, followed by AirAsia (84.5 per cent) and Batik Air (73.5 per cent), according to the Ministry of Transport (MOT).

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).