LATEST NEWS    About 60 per cent of a lorry and engine oil storage area in Taman Kota Puteri destroyed in fire, no casualties reported – Johor Fire and Rescue Dept | Malaysia to expand palm oil market to countries that have never been buyers – Johari | Health check-up part of PM's commitment to staying fit to lead the country's administration – Serdang Hospital director | PM Anwar undergoes annual health check-up, in very good health – Serdang Hospital director | Thunderstorms, heavy rain and strong winds expected in seven states and Labuan until 5pm today – MetMalaysia | About 60 per cent of a lorry and engine oil storage area in Taman Kota Puteri destroyed in fire, no casualties reported – Johor Fire and Rescue Dept | Malaysia to expand palm oil market to countries that have never been buyers – Johari | Health check-up part of PM's commitment to staying fit to lead the country's administration – Serdang Hospital director | PM Anwar undergoes annual health check-up, in very good health – Serdang Hospital director | Thunderstorms, heavy rain and strong winds expected in seven states and Labuan until 5pm today – MetMalaysia |

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Middle-income Tax Band Review A Welcome Move In Budget 2025 - PwC Malaysia

KUALA LUMPUR, Oct 1 (Bernama) -- With the rising cost of living a major concern for Malaysians, PwC Malaysia believes a review of personal income tax bands for the middle-income group in Budget 2025 would be a welcome move.

GLICs Reiterate Commitment To Support MADANI Economy Framework

JOHOR BAHRU, Sept 30 (Bernama) -- Malaysia’s government-linked investment companies (GLICs) reiterated their joint commitment to support the MADANI Economy framework through targeted capital deployment in high-growth, high-value sectors.

Malaysia-designed Thada EV Motorcycles Rev Up Market Momentum in Cambodia

From Vijian Paramasivam

PHNOM PENH, Sept 30 (Bernama) --  Malaysia-owned MCLS Synergy Co. Ltd is aspiring to expand its share in Cambodia's growing green transportation system with its Thada brand electric motorcycles.

Petronas Secures Third O&G Concession In Abu Dhabi 

KUALA LUMPUR, Sept 27 (Bernama) -- Petroliam Nasional Bhd's (Petronas) wholly owned unit, Petronas Abu Dhabi Sdn Bhd, has been granted a new oil and gas exploration concession in Onshore Block 2 by the Supreme Council for Financial and Economic Affairs (SCFEA).

ASM 3 Declares RM837.89 Mln Income Distribution For FY2024

KUALA LUMPUR, Sept 30 (Bernama) -- Amanah Saham Nasional Bhd (ASNB) has declared a total income distribution of RM837.89 million for Amanah Saham Malaysia 3 (ASM 3), benefitting 650,487 unitholders who currently own 17.64 billion units for the financial year ended Sept 30, 2024 (FY2024).

BMI Projects Malaysia’s Deficit To Fall Below 4 Pct In 2025

KUALA LUMPUR, Sept 30 (Bernama) --  BMI, a Fitch Solutions company, has maintained its forecast for Malaysia’s federal government budget deficit to narrow from 5.0 per cent of gross domestic product (GDP) in 2023 to 4.3 per cent in 2024, and further to 3.9 per cent in 2025.

Bursa Malaysia Opens Lower Amid Wall Street's Record Gains

KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia opened marginally lower on Monday as some investors engaged in profit-taking, reflecting cautious sentiment across regional markets, despite last week's record gains on Wall Street, according to an analyst.

Budget 2025: Mycron Steel Calls For Public-Private Partnerships To Help Malaysia Achieve Carbon Neutrality

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 29 (Bernama) – Steel manufacturer Mycron Steel Bhd, which just signed a memorandum of understanding (MoU) with Japan’s JFE Steel Corporation to drive green solutions in Malaysia, has called for public-private partnerships to be prioritised in Budget 2025 to help Malaysia achieve carbon neutrality by 2050.

MADANI Initiatives Drive Economic Growth, Strengthen Ringgit – Amir Hamzah

LANGKAWI, Sept 28 (Bernama) -- The country's economy continues to grow steadily, supported by the strengthening of the ringgit in the foreign exchange market, said Finance Minister II, Datuk Seri Amir Hamzah Azizan.

Bursa Malaysia Likely To Rebound Next Week

KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia is expected to stage a rebound next week, driven by spillover effects from the robust rallies in both China and the United States (US) markets.

Digital Economy To Meet Or Exceed Projected 25.5 Pct Contribution To GDP By End-2025 - Gobind

KUALA LUMPUR, Sept 27 (Bernama) -- As Malaysia continues to attract investors, Digital Minister Gobind Singh Deo is confident that the digital economy will meet, or even exceed, the projected 25.5 per cent contribution to Malaysia’s gross domestic product (GDP) by the end of 2025.

TikTok Shop Records 2.2 Times Sales Growth In 1H 2024

KUALA LUMPUR, Sept 27 (Bernama) -- TikTok Shop saw a 2.2 times growth in sales, a 1.8 times increase in sellers, and a 1.8 times rise in affiliate creators year-over-year in the first half (1H) of 2024.