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Targeted Expansion Of Scope Of SST To Control Cascading Effect Of Prices -- Amir Hamzah

KUALA LUMPUR, July 3 (Bernama) -- The expansion of the scope of the Sales and Service Tax (SST) can control the cascading effect on all goods because it is implemented in a targeted manner and not comprehensively which will burden the people, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

China Looks Forward To Work With All Parties To Consolidate BRICS Partnership

From Kisho Kumari Sucedaram

BEIJING, July 3 (Bernama) -- China looks forward to work with all parties to consolidate the BRICS strategic partnership, make due contributions to safeguarding multilateralism, promoting common development and improving global governance as well as advance the high-quality development of greater BRICS cooperation.

Stronger Ringgit, Fed Shift Could Draw Capital To Malaysia

By Siti Noor Afera Abu

KUALA LUMPUR, June 29 (Bernama) -- Malaysia could attract renewed capital inflows into its bond and equity markets, underpinned by a stronger ringgit and a possible shift in US monetary policy.

Anwar, Prabowo Agree To Boost Strategic Cooperation, To Jointly Develop Ambalat Area 

From Mohd Iswandi Kasan Anuar

JAKARTA, June 27 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim and Indonesian President Prabowo Subianto have expressed the strong commitment of both countries to accelerate strategic cooperation in various fields including joint development in the maritime border area of ​​Malaysia and Indonesia in Ambalat in a peaceful and mutually beneficial manner.

Synchronoss Secures EU-US Data Privacy Framework Certification, Bolstering Global Cloud Compliance

KUALA LUMPUR, June 26 (Bernama) -- Synchronoss Technologies Inc (Synchronoss), a global leader and innovator in personal cloud platforms for telecoms, announced it has achieved certification under the EU-US Data Privacy Framework (DPF), a move that underscores its commitment to international data protection standards.

Middle East Geopolitical Tensions And Their Short-term Impact On Malaysia - Amir Hamzah 

KUALA LUMPUR, June 26 (Bernama) — The ongoing geopolitical tensions in the Middle East are having a short-term impact on Malaysia, particularly in terms of economic stability, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Malaysia Gains Preferential Palm Oil Market Access, Recognition Through MEEPA

KUALA LUMPUR, June 25 (Bernama) -- Malaysia has gained preferential market access and recognition for its sustainable palm oil following the signing of the Malaysia-European Free Trade Association (EFTA) Economic Partnership Agreement (MEEPA).

Sarawak’s Self-reliant Infrastructure Surge Sets It Apart From Federally Dependent Sabah

LABUAN, June 25 (Bernama) -- Despite sharing similar geographies and economic aspirations, Sarawak and Sabah have taken markedly different paths in infrastructure development. 

Electricity Tariff Restructuring Offers Greater Cost Transparency -- FMM

KUALA LUMPUR, June 24 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) has welcomed the electricity tariff restructuring under the Regulatory Period 4 (RP4), describing it as a rebasing exercise that offers greater cost transparency and encourages demand-side management.

CIMB Expects Electricity Tariff Reform To Have Minimal Inflation Impact

KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s upcoming electricity tariff restructuring is expected to have a minimal impact on overall inflation, and its direct effect on headline consumer price index (CPI) is anticipated to be marginally disinflationary, said CIMB Investment Bank Bhd (CIMB).

Palm Oil Players Should Hedge, Diversify Downstream -- Economist

KUALA LUMPUR, June 24 (Bernama) -- Malaysian palm oil producers must intensify hedging efforts and expand downstream to mitigate the risk of sudden price volatility, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

RP4 Tariff Reform Can Spur Behavioural Change, Accelerate Energy Transition — Expert

KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s Regulatory Period 4 (RP4) electricity tariff restructuring can serve as a powerful tool to promote behavioural change and accelerate the country’s low-carbon agenda, if paired with smart technologies, targeted financial incentives, and inclusive support mechanisms, an energy expert said.