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Malaysian SMEs Need To Adopt AI For ESG Compliance And Thrive In Future Economy -- Gobind

KUALA LUMPUR, June 30 (Bernama) -- Malaysian small and medium enterprises (SMEs) need to embrace digital technology, especially artificial intelligence (AI), to meet the environmental, social and governance (ESG) expectations and thrive in the future economy, said Digital Minister Gobind Singh Deo.

SAMENTA Welcomes Revision To Expanded SST As Relief For SMEs

KUALA LUMPUR, June 27 (Bernama) -- The Small and Medium Enterprises Association Malaysia (SAMENTA) has welcomed the Ministry of Finance’s (MoF) revision to the expanded Sales and Service Tax (SST), describing it as a meaningful relief for the small and medium enterprises (SMEs).

Lessons On Insurance To Be Learnt From USJ Putra Heights Gas Pipeline Explosion

KUALA LUMPUR, June 25 (Bernama) -- It’s been about three months since the devastating gas pipeline explosion and fire at USJ Putra Heights. Fortunately, there were no fatalities. It shocked Malaysians. Questions are still being asked as to the compensation for damages to houses, properties, possessions and injuries sustained.

MHIT Policy/Certificate Reinstatement Deadline Extended To Aug 31, 2025 

KUALA LUMPUR, June 24 (Bernama) -- All insurers and takaful operators have agreed to extend the deadline for the reinstatement of medical and health insurance/ takaful (MHIT) policies and certificates without imposing a waiting period to Aug 31, 2025 from June 30, 2025.

New Electricity Tariff: Over 23.6 Mln Domestic Users In Peninsular Malaysia To Enjoy Fairer Rates

KUALA LUMPUR, June 20  (Bernama) -- More than 23.6 million domestic users in Peninsular Malaysia will benefit from fairer and more progressive electricity rates due to the newly approved electricity tariff schedule approved by the government, the Energy Commission (EC) announced today.

MITI Probes Alleged Breach Involving Nvidia-powered AI Chips

KUALA LUMPUR, June 18 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI)  is verifying with relevant agencies to see whether any local laws have been breached following reports of a Chinese company using Nvidia-powered artificial intelligence (AI) chips for Large Language Model (LLM) training in Malaysia.

Fiscal Reform To Balance Fiscal Sustainability, Social Equity - Treasury Sec-Gen

KUALA LUMPUR, June 18 (Bernama) -- The government’s fiscal reform initiatives, including expanding the Sales and Services Tax (SST) scope and rationalising electricity and diesel subsidies, are aimed at ensuring fiscal sustainability while protecting lower-income groups and essential sectors.

Energy Transition: ASEAN Countries Urged To Tap Regional, International Cooperation

By Ammar Shafiq Hamzah

KUCHING, June 18 (Bernama) -- ASEAN member countries should take advantage of the various cooperation opportunities and support offered by regional and international partners to advance the transition to renewable energy.

Malaysia Must Be Adaptive In Policies To Become High-income Economy - PM Anwar

KUALA LUMPUR, June 17 (Bernama) -- Malaysia must be adaptive in its policies, have strong institutions, and maintain a clear vision of its chosen direction to achieve its goal of becoming a high-income economy, said Prime Minister Datuk Seri Anwar Ibrahim. 

TNB: Stronger Today, Brighter Tomorrow

KUALA LUMPUR, June 16  (Bernama) – Electricity is one of those things many Malaysians hardly think about — until it is gone. But behind the quiet hum of daily life, from classroom lights to hospital ventilators, stands Tenaga Nasional Bhd (TNB), Malaysia’s largest utility provider.

Malaysia Eyes Japan Market With Sustainable Palm-based Products Under MSPO 2.0 - MITI

KUALA LUMPUR, June 13 (Bernama) -- Malaysia aims to expand the reach of its downstream and value-added palm-based products to Japan, particularly specialty fats, tocotrienols, red palm oil, and palm biomass-based medium-density fibreboard for housing and furniture applications.

Extended SST Timely And Essential To Beef Up Economic Resilience

A Commentary By Nurul Hanis Izmir

PUTRAJAYA, June 12 (Bernama) – Effective July 1, Malaysians will see a revised and extended version of the Sales and Service Tax (SST), one that, on closer inspection, was carefully crafted to strike a delicate balance between fairness, economic resilience and sustainable long-term financial stability for the country.