LATEST NEWS   Mandatory EPF contributions for foreign workers, at two per cent each for workers and employers - Steven Sim | SPB Development Bhd has secured SC approval for a listing on Main Market of Bursa Malaysia in 2Q this year | Chambers of commerce in the country should work as one team to enhance Malaysia's progress – PM Anwar | The govt has opted for a 2 pct EPF contribution rate for foreign workers instead of the originally proposed 12 pct -- PM Anwar | King's address: MADANI Gov't will ensure economic resources are distributed for national development, benefiting all levels of society – PM Anwar | 

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Govt Proposes Mandatory Two Pct EPF Contribution For Foreign Workers - PM Anwar

KUALA LUMPUR, Feb 3 -- The government has proposed to implement a mandatory two per cent Employees Provident Fund (EPF) contribution rate on foreign workers, said Prime Minister Datuk Seri Anwar Ibrahim.

Spring Festival Greetings: Guangdong Governor Highlights Economic Growth, Regional Integration

KUALA LUMPUR, Feb 3 (Bernama) -- On the eve of the Chinese Lunar New Year, Guangdong Governor Wang Weizhong extended heartfelt greetings on behalf of the Provincial Government and its residents to overseas Chinese, Hong Kong, Macao, Taiwan compatriots, and international friends.

Economic Growth In 2025 To Be Driven By Domestic Demand, Investments -- Alliance Bank

KUALA LUMPUR, Jan 23 (Bernama) -- Malaysia’s economy is poised for growth in 2025 as domestic demand is likely to strengthen further with sustained consumer spending and ongoing increase in investment activities, said Alliance Bank Malaysia Bhd. 

Cahya Mata Sarawak's Unit Expects To Double Clinker Production With New Facility

KUCHING, Jan 23 (Bernama) -- Cahya Mata Cement Sdn Bhd, a wholly-owned subsidiary of Cahya Mata Sarawak Bhd, expects to double its clinker production capacity with the development of a new facility, Clinker Line 2, in Mambong here.

Alliance Bank Survey: ESG Awareness Among SMEs Grows By 60 Pct

SUBANG, Jan 21 (Bernama) -- Alliance Bank Malaysia Bhd’s latest environmental, social and governance (ESG) survey has indicated a sixfold increase in environmental, social, and governance (ESG) awareness among small and medium enterprises (SMEs) in Malaysia.

AMRO: ASEAN+3 Economies Remain Positive, Set To Grow 4.2 pct In 2025 Amid External Challenges

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 21 (Bernama) -- ASEAN+3 economies, comprising 10 ASEAN member states, China, Japan and South Korea, are poised for sustained growth in 2025 despite facing external risks, said ASEAN+3 Macroeconomic Research Office (AMRO) chief economist Khor Hoe Ee.

Guangdong Retains China's Top Economy In 2024, GDP Exceeds 14 Trillion Chinese Yuan

KUALA LUMPUR, Jan 17 (Bernama) -- Guangdong is set to maintain its position as China’s top provincial economy in 2024, with its gross domestic product (GDP) projected to surpass 14 trillion Chinese yuan, according to the Guangdong Provincial People’s Congress report on Jan 15. (100 Chinese yuan = RM61.43)

Business Sentiment Among Japanese Companies In Malaysia Continues To Improve: Jetro

KUALA LUMPUR, Jan 16 (Bernama) -- Business sentiment among Japanese companies in Malaysia has improved for the fourth consecutive year, even as competition intensifies, according to the Financial Year 2024 Survey by the Japan External Trade Organisation Kuala Lumpur (Jetro).

Higher Wages, Minimum Wage Hike Drive Property Demand, Affordability This Year - Hong Leong Investment Bank

KUALA LUMPUR, Jan 15 (Bernama) -- Higher wages for civil servants and the introduction of a higher minimum wage remained key factors in catalysing demand and raising affordability for properties across the country this year, said Hong Leong Investment Bank Bhd. 

Labuan FSA, Labuan Corporation Urged To Boost Economic Spillover

LABUAN, Jan 14 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) and Labuan Corporation (LC) must collaborate closely to strengthen the island's economy and ensure the benefits reach the local community, Minister in the Prime Minister's Department (Federal Territories) Dr Zaliha Mustafa said.  

Bursa Set For Modest Gains Next Week On Bargain-hunting, Optimism

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 11 (Bernama) -- Bursa Malaysia is expected to trend modestly higher in the coming week, driven by bargain-hunting and optimism surrounding domestic developments.

PM Anwar Hopes Malaysia-Japan Hydrogen Energy Project Could Be Facilitated By May 2025

PUTRAJAYA, Jan 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has expressed hope that the clean hydrogen energy and decarbonisation collaboration project between Sarawak Economic Development Corporation Energy (SEDCE), Petroleum Sarawak Bhd (Petros) and a Japanese consortium could be facilitated by May this year.