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Penang Business Events Industry Garners RM1.29 Bln In 2024 - Chow

BAYAN LEPAS, March 10 (Bernama) -- The business events industry in Penang achieved an estimated economic impact (EEI) of RM1.29 billion last year, marking a 24.8 per cent increase from 2023.

Govt To Intensify Efforts Malaysia Is Recognised As Trusted Investment Destination, Trade Partner

KUALA LUMPUR, March 10 (Bernama) -- The government will intensify efforts to ensure that Malaysia continues to be recognised as a reliable investment destination and trade partner for foreign investors from around the world, said the Ministry of Investment, Trade and Industry (MITI).

Malaysia’s Direct Selling Industry Hits RM34.4 Bln, Leads In Market Penetration – Fuziah

PUTRAJAYA, March 10 (Bernama) -- Malaysia’s direct selling industry grew 7.4 per cent to RM34.4 billion in 2024 from RM32.04 billion the previous year, said Domestic Trade and Cost of Living (KPDN) Deputy Minister Fuziah Salleh.

LHDN To Focus On E-invoicing, Tax Base Expansion In 2025

CYBERJAYA, March 10 (Bernama) -- The Inland Revenue Board (LHDN) will focus on the implementation of e-invoicing, expansion of the tax base, enforcement activities, tax corporate governance, the global minimum tax, self-assessment systems for stamp duty and real property gains tax, and Labuan business activity tax this year.

PM Anwar Hails LHDN’s Performance, Optimistic About Future Revenue Growth

CYBERJAYA, March 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has expressed optimism over the Inland Revenue Board’s (LHDN) performance, commending its achievements and the implementation of new systems that have boosted efficiency.

KMI Healthcare, BSHSB Ink RM146 Mln Deal To Build And Lease 100-bed Hospital In Penang

KUALA LUMPUR, March 10 (Bernama) -- Kumpulan Medic Iman Sdn Bhd (KMI Healthcare), a subsidiary of TDM Bhd, has signed a build-and-lease agreement with Bertam Specialist Hospital Sdn Bhd (BSHSB) to develop a 100-bed hospital in Bertam, Seberang Perai Utara, Penang.  

Malaysia's Tier One Status Marks Significant Cyber Resilience Progress

CYBERJAYA, March 10 (Bernama) -- Malaysia's achievement of being ranked in Tier One of the Global Cybersecurity Index last year highlights the nation's significant progress in strengthening its cyber resilience.

Malaysia Can Get Positive Ratings If Fiscal Outperformance Sustains Into 2025 - Maybank Research

KUALA LUMPUR, March 10 (Bernama) -- Maybank Research Pte Ltd has reiterated its views that Malaysia could get one positive rating action from S&P, Moody’s or Fitch by mid-2026 if the momentum of fiscal outperformance sustains into 2025. 

PIF’s Interest In AirAsia Signals Confidence In Growth, AirAsia Remains Tight-lipped

KUALA LUMPUR, March 9 (Bernama) --  Saudi Arabia’s Public Investment Fund (PIF) interest in AirAsia signals confidence in the low-cost carrier’s financial prospects, with aviation analysts predicting substantial growth should the investment proceed.

NAMLIFA Cautions Discrepancies In Private Hospital Charges Can Make Medical Insurance Unsustainable

KUALA LUMPUR, March 9 (Bernama) -- The National Association of Malaysian Life Insurance and Family Takaful Advisors (NAMLIFA) has urged the government to address the significant price disparity between insured and cash-paying patients at private hospitals, warning that such discrepancies could make medical insurance unsustainable.

Capitation Grant Rate To Be Raised 25 Pct To RM548 Mln Effective 2026 - PM Anwar

PUTRAJAYA, March 9 (Bernama) -- The rate of capitation grant distributed to state governments will be increased by 25 per cent, or RM109 million, to RM548 million effective from 2026.

Delay Proposed 30 Pct Port Tariff Hikes -- FMM

By Harizah Hanim Mohamed

KUALA LUMPUR, March 8 (Bernama) – The Federation of Malaysian Manufacturers (FMM) has called on the government to postpone the implementation of the proposed 30 per cent rise in port tariffs, particularly for container handling and storage, as it will have major implications on cost of doing business for manufacturers and shippers.