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Malaysia Aviation Group's First A330neo Delivery Delayed, Some Flights Impacted

KUALA LUMPUR, Oct 15 (Bernama) -- The delivery of Malaysia Aviation Group’s (MAG) first A330neo aircraft, originally scheduled for September 2024, has been delayed and is now expected to take place by late November 2024.

Skills-related Underemployment Shows Declining Trend

KUALA LUMPUR, Oct 15 (Bernama) -- The skills-related underemployment (SRU) rate has continued to fall in line with improvements in the country's education level, said Deputy Economy Minister Datuk Hanifah Hajar Taib.

MTA Unveils Maqasid Shariah Scorecard To Enhance Impact, Sustainability Of Takaful Industry

KUALA LUMPUR, Oct 15 (Bernama) -- The Malaysian Takaful Association (MTA) has launched the Maqasid Shariah Scorecard (MSS), a transformative initiative aimed at assessing the industry’s impact and sustainability. 

BNM: Takaful Industry Urged to Adopt Ta'awun Concept for Enhanced Social Cohesion, Wealth Distribution

KUALA LUMPUR, Oct 15 (Bernama) -- Takaful industry players are urged to embrace the aspirations of the recently issued exposure draft on the broader application of Ta`awun in takaful to explore new models in promoting social cohesion and wealth distribution.

Northeast Group Seeks More Details From Govt On NSS Initiatives In Budget 2025

KUALA LUMPUR, Oct 15 (Bernama) -- ACE Market debutant Northeast Group Bhd has urged the government to provide more details on the National Semiconductor Strategy (NSS) as it seeks a clearer understanding of how the government plans to assist industry players in the upcoming Budget 2025.

Melaka Poised To Become EV Manufacturing Hub

MELAKA, Oct 14 (Bernama) -- The Melaka state government is committed to positioning the state as a leading hub for electric vehicle (EV) production in Malaysia, in line with Sustainable Development Goal 13 (SDG13), which emphasises urgent action to combat climate change and its impacts.

Malaysia To Continuously Assess BRICS Engagement For Economic Benefits 

KUALA LUMPUR, Oct 14 (Bernama) --The government will continuously assess the development of the BRICS bloc to ensure that Malaysia’s involvement brings significant benefits to the country, in line with the economic policies such as the MADANI Economic Aspirations and the New Industrial Master Plan 2030.

Budget 2025 Set To Expand Tax Base With Expected Sugar Tax, HVGT, GloBE -- Economist

KUALA LUMPUR, Oct 14 (Bernama) -- The government is expected to unveil new tax measures in the upcoming Budget 2025, set to be tabled this Friday, as the tax base has shown limited growth since the Goods and Services Tax (GST) was abolished in 2018.

Budget 2025 Takes Into Account Proposals From Industries, The People

PUTRAJAYA, Oct 13 (Bernama) -- Budget 2025 will take into account the views and recommendations of various parties, industries, and citizens across all walks of life which had been put forth during the various engagement sessions held nationwide. 

Malaysia, Turkiye Exploring Potential Collaboration In Green Energy Sector - Chang

KUALA LUMPUR, Oct 12 (Bernama) -- Malaysia and Turkiye are exploring potential collaboration in the field of green and alternative energy, in line with Malaysia’s commitment to adopting more sustainable and eco-friendly energy sources.

FBM KLCI Futures Likely To Trade Rangebound Next Week

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to move rangebound next week, in line with the underlying cash market, an analyst said.

Manufacturing Sales Value Rises 7.7 Pct To RM163.9 Bln In August -- DOSM

KUALA LUMPUR, Oct 11 (Bernama) -- The manufacturing sector's August 2024 sales value reached RM163.9 billion, reflecting a year-on-year (y-o-y) increase of 7.7 per cent versus a decline of 3.3 per cent in the same month last year, according to the Department of Statistics Department (DOSM).