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13MP: Fiscal Consolidation Measures To Reduce Deficit Below 3 Pct, Control Debt

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, July 31 (Bernama) -- The implementation of fiscal consolidation measures is expected to reduce the fiscal deficit to below three per cent and ensure that the debt level does not exceed 60 per cent of the country’s estimated gross domestic product (GDP).

BNM Imposes Penalties On BIMB, Bank Rakyat And BSN For Non-compliance

KUALA LUMPUR, July 30 (Bernama) -- Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty (AMP) totalling RM3.445 million on Bank Islam Malaysia Bhd (BIMB) for non-compliance with the Islamic Financial Services Act 2013 (IFSA) and the relevant policy documents.

AORB Signs MOA With Kota Kinabalu Mayor For RM360 Mln Revitalisation Project

KUALA LUMPUR, July 30 (Bernama) -- Alpha Ocean Resources Bhd (AORB) has signed a memorandum of agreement (MoA) with the Mayor of Kota Kinabalu for a proposed revitalisation project involving the development of a tuna and deep-sea fishing landing port, a marine tourism infrastructure, and a hospitality belt. 

Household Debt At RM1.65 Trillion At End-March 2025 - Lim Hui Ying

KUALA LUMPUR, July 29 (Bernama) -- Malaysia’s household debt stood at RM1.65 trillion as of the end of March 2025, equivalent to 84.3 per cent of the nation’s gross domestic product (GDP).

inDrive Eyes 40,000 Active Drivers, Confident In Expansion Amid EVP Issues

KUALA LUMPUR, July 29 (Bernama) -- United States-based e-hailing company inDrive remains confident of reaching 40,000 active drivers by year-end and affirms that its Malaysian expansion will not be jeopardised by the e-hailing vehicle permit (EVP) and public service vehicle (PSV)-related issues.

Island Hospital Positions Itself To Ride 2026 Medical Tourism Wave -- CEO

By Farhana Poniman

GEORGE TOWN, July 27 (Bernama) -- Penang's Island Hospital is strategically positioned to benefit from two major national campaigns Visit Malaysia 2026 and Malaysia Year of Medical Tourism (MYMT) 2026 next year.

MOF To Enhance Selected Pre-Q Procurement Method If Reintroduced — Lim

KUALA LUMPUR, July 23 (Bernama) -- The Ministry of Finance (MoF) will conduct a comprehensive review of improvements should the Selected Pre-Qualified Open Tender Procurement Method (Selected Pre-Q Procurement) be reintroduced in the future.

Align Technology Unveils Invisalign System For Teen Jaw Alignment  

KUALA LUMPUR, July 22 (Bernama) -- Align Technology Inc, a global medical device company and maker of the Invisalign clear aligner system, has announced the commercial launch of its Invisalign System with mandibular advancement featuring occlusal blocks in Singapore.

Economists: 13MP Aims To Boost Malaysia's Competitiveness Through High-value Manufacturing

KUALA LUMPUR, July 22 (Bernama) -- The 13th Malaysia Plan (13MP) is expected to enhance Malaysia’s competitiveness by promoting high-value manufacturing through business and investor-friendly policies, say economists.

MSE's RM90 Mln Matching Fund Launched To Position M'sia As Advanced Semiconductor Packaging Hub

KUALA LUMPUR, July 17 (Bernama) -- Malaysia’s Science Endowment matching fund for the semiconductor sector amounting to RM90 million, has been launched to position the country as a global hub in advanced packaging technology, an area currently dominated by a handful of countries such as Taiwan.

Syilis' Sambal Penetrates Saudi Inflight Market

BATU GAJAH, July 15 (Bernama) -- Syilis brand nasi lemak sambal will be going places literally as the Perak product will be served inflight on the meal menu on Saudi Airlines flights, thus penetrating the Saudi Arabian market.

Johor Boosts Investments By Creating New Economic Wave In Digital, AI Sectors

By Mohamad Syazwan Mustafa

JOHOR BAHRU, July 9 (Bernama) -- Johor has become one of the most vibrant investment destinations in Malaysia as it continues to record investment approvals totalling RM30.1 billion in the first quarter of this year, creating momentum and a new wave in the country's investment ecosystem through the digital and artificial intelligence (AI) sectors.