KOTA KINABALU, July 17 (Bernama) -- The Sabah government, through SMJ Energy Sdn Bhd has signed a head of agreement (HoA) with Petronas LNG Sdn Bhd to acquire 25 per cent equity stake in the US$3.1 billion (RM13.17 billion) nearshore floating liquefied natural gas (ZLNG) facility in Sipitang.
KUALA LUMPUR, July 17 (Bernama) -- AMMB Holdings Bhd (AmBank Group) expects Malaysia’s gross domestic product (GDP) to grow at a moderate rate of around four per cent year-on-year in the second quarter of 2025 (2Q 2025), supported by continued front-loading activities that benefit the external sector.
KUALA LUMPUR, July 14 (Bernama) -- CIMB Investment Bank Bhd anticipates a moderate 4.3 per cent year-on-year (y-o-y) growth, as expectations of higher tariffs set in and a softer Industrial Production Index (IPI) point to a potential slowdown in the second quarter of 2025 (2Q 2025).
KUALA LUMPUR, July 11 (Bernama) -- MIDF Amanah Investment Bank Bhd expects Malaysia’s manufacturing sector to maintain its recovery momentum, driven by improved factory output and resilient domestic demand, though external headwinds remain a concern.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 9 (Bernama) -- Salary increases, along with the expansion of recipients and higher allocations under the public assistance programme, are expected to cushion the short-term impact of rising prices following the expansion of the Sales and Service Tax (SST).
KOTA KINABALU, July 8 (Bernama) -- Sabah has recorded approved investments totalling RM10.9 billion for the first quarter (1Q) of this year, representing the third highest in Malaysia after Selangor and Kuala Lumpur, the Sabah State Legislative Assembly was told today.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 6 (Bernama) -- Malaysia’s fiscal consolidation efforts are beginning to bear fruit, with measures to narrow the fiscal deficit and reduce government debt gaining traction despite criticism, signalling a positive outlook for the country’s sovereign credit ratings.
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.
KUALA LUMPUR, June 26 (Bernama) -- The Malaysia Pavilion at Expo 2025 Osaka has drawn over 1.5 million visitors in less than three months since the event opened in April, exceeding its target ahead of expectations.
KUALA LUMPUR, June 19 (Bernama) -- In addition to zakat, the Islamic financial system has several methods of collecting public wealth for use in purposes determined by Islamic law, according to a lecturer at a local university.
KUALA LUMPUR, June 19 (Bernama) -- The country’s revenue generation remains limited, and tax expansion is necessary to ensure fiscal sustainability, according to the Prime Minister’s Office (PMO).
ISKANDAR PUTERI, June 18 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) is emerging as a cornerstone of Johor’s transformation into a next-generation regional powerhouse, with the state offering a compelling value proposition to global investors in artificial intelligence (AI), data centres and high-value industries.
