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Ringgit Opens Higher Ahead Of 13MP Announcement

KUALA LUMPUR, July 31 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies on Thursday, ahead of the 13th Malaysia Plan (13MP) announcement this afternoon, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

MITRA To Implement Three PPSMI Programmes With RM21.25 Mln In Allocations -- Ramanan

KUALA LUMPUR, July 30 (Bernama) -- The Malaysian Indian Transformation Unit (MITRA) has received approval to implement three programmes under the Socioeconomic Development Programme for the Indian Community (PPSMI) initiative with an allocation of RM21.25 million.

Petronas Sets Up Transition Council, Human Capital Development Committee Following Restructuring

KUALA LUMPUR, July 30 (Bernama) -- Petroliam Nasional Bhd (Petronas) has established a Transition Council and a Human Capital Development Committee aimed at coordinating a fair and structured redeployment of staff following the company's organisational restructuring.

Palm Oil Exports To The US Rise 51.8 Pct To 93,000 Tonnes For January To May 2025 -- KPK

KUALA LUMPUR, July 30 (Bernama) -- Malaysia’s palm oil exports to the United States (US) increased by 51.8 per cent to 93,000 metric tonnes from January to May 2025, compared to 61,000 metric tonnes during the same period last year.

NACSA Finalising Malaysia's Cybersecurity Strategy 2025-2030 -- Digital Ministry

KUALA LUMPUR, July 30 (Bernama) -- The National Cyber Security Agency (NACSA) is finalising Malaysia’s Cyber Security Strategy (MCSS) 2025–2030 as a continuation of the MCSS 2020–2024, said the Ministry of Digital.

Ringgit Ends Slightly Lower Against US Dollar Ahead Of Fed Rate Decision

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 30 (Bernama) -- The ringgit reversed its morning gains to close slightly lower against the US dollar today, as traders turned cautious ahead of the United States (US) Federal Reserve's (Fed) interest rate decision, amid uncertainty over a potential cut.

Countervailing And Anti-Dumping Duties (Amendment) Bill 2025 Tabled For First Reading

KUALA LUMPUR, July 30 (Bernama) -- The Countervailing and Anti-Dumping Duties (Amendment) Bill 2025, aimed at protecting local industries from unfair trade practices and ensuring the competitiveness of Malaysian products, was presented for its first reading in the Dewan Rakyat today.

Scrapping High-Value Goods Tax Will Not Affect RM700 Mln Revenue Target – Economist

By Niam Seet Wei

KUALA LUMPUR, July 30 (Bernama) -- The government’s decision to halt the proposed high-value goods tax (HVGT), formerly known as the luxury goods tax, will not affect the RM700 million tax revenue expected from its implementation, said an economist.

Govt Cancels High-value Goods Tax Implementation - MOF

KUALA LUMPUR, July 30 (Bernama) – The government has decided not to proceed with the implementation of the high-value goods tax (HVGT), according to the Finance Ministry (MOF).

MOF Attributes EPF Income Drop To Softer Equity Market Performance

KUALA LUMPUR, July 29 (Bernama) -- The Employees Provident Fund (EPF) saw its investment income fall by 13 per cent in the first quarter of 2025 (1Q 2025), recording RM18.31 billion compared to RM20.99 billion in the same period last year.

Late Selling Drags Bursa Malaysia To End At Intraday Low Ahead Of 13MP, FOMC Announcements

By Danni Haizal Danial Donald

KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia ended at its intraday low today, pressured by late selling as investors positioned themselves ahead of the 13th Malaysia Plan (13MP) announcement on Thursday.

Cross-border Insolvency Bill 2025 Supports Efforts To Attract FDI, Strengthen National Economy - Azalina

KUALA LUMPUR, July 29 (Bernama) -- The enactment of the Cross-Border Insolvency Bill 2025 is expected to support Malaysia’s long-term goal of attracting foreign direct investments (FDI) as well as strengthening the nation’s economic stability.