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Targeted Revision Of Sales Tax Rate, Expansion Of Service Tax Scope Effective July 1, 2025

KUALA LUMPUR, June 9 (Bernama) -- The Ministry of Finance has issued a statement on the implementation of revised Sales Tax (ST) rates and expanded scope of the Service Tax effective July 1, 2025. The aim is to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.

Malaysian Telcos Told To Rethink Strategies Amid Market Saturation -- Report

By Anas Abu Hassan

KUALA LUMPUR, June 9 (Bernama) -- Malaysian telecommunication companies (telcos) are advised to move beyond traditional tactics and design bold, digital-first strategies that resonate with today’s discerning consumers to win in the mature and evolving domestic market, according to a study.

Influencer Teardowns Highlight Midea’s Role In Global AC Supply Chain

KUALA LUMPUR, June 6 (Bernama) -- Chinese company Midea, the world’s largest producer of residential inverter air conditioners (ACs), has drawn attention to its self-developed inverter compressor following teardown reviews of ACs by influencers in Malaysia and Thailand, which have sparked widespread discussion.

AI Evolution To Play Bigger Role For Enterprises, Digital Banking - Industry Player

From Nor Baizura Basri

SAN FRANCISCO, June 6 (Bernama) -- Artificial intelligence (AI) evolution which is currently happening rapidly in the past three years, can shape direction and play a bigger role in enterprises’ operation and this include digital banking space in the coming years, says an industry player.

Malaysia Seeks Strategic Ties With China’s Anhui In Digital, Green Tech, Palm Oil

From Kisho Kumari Sucedaram

HUANGSHAN, June 5 (Bernama) -- Malaysia is seeking to forge strategic partnerships with China’s Anhui Province in the digital economy, green technology and palm oil sectors under the Regional Comprehensive Economic Partnership (RCEP) framework to expand future-oriented regional cooperation.

Solidus Labs Warns Of Rising Account Takeovers Impacting Market Integrity

KUALA LUMPUR, June 4 (Bernama) -- More than 6,300 accounts were hijacked across nine brokerage firms that enabled unauthorised trades totalling over 300 billion Japanese yen (approximately US$2 billion) in Japan between January and April this year, according to a new investigative report by Solidus Labs. (US$1=RM4.23)

Unison’s Stingless Bee Innovation Positions Malaysia For Expo 2025 Spotlight

KUALA LUMPUR, June 4 (Bernama) -- Unison Technology & Manufacturing (M) PLT is introducing modular hive systems and training initiatives to strengthen stingless bee farming and rural livelihoods in Malaysia in line with the country’s participation in Expo 2025 Osaka.

Mavenir Partners Three UK, Red Hat To Double 5G Speeds In Open RAN Trial

KUALA LUMPUR, June 3 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has collaborated with Three UK and Red Hat in demonstrating the performance benefits of 5G non-standalone O-RAN compliant small cells in Glasgow City Centre, doubling 5G speeds at peak times.

Malaysia’s GDP Growth Could Rebound To 4.6 Pct if US Tariffs Lifted - MIDF

KUALA LUMPUR, May 30 (Bernama) -- Malaysia’s economic growth could rebound to the earlier projection of 4.6 per cent from 4.0 per cent for 2025 if the sweeping US tariffs were removed, according to MIDF Amanah Investment Bank Bhd.

Malaysia Faces Sharp Rise In AI-Driven Cyber Threats, Fortinet Warns

KUALA LUMPUR, May 29 (Bernama) --  Malaysia is facing a sharp rise in artificial intelligence (AI)-driven cyber threats, with nearly 50 per cent of organisations reporting incidents involving AI-powered attacks, according to a survey commissioned by global cybersecurity firm Fortinet.

JCorp Actively Redefining Johor’s Economic Architecture

By Mohd Khairi Idham Amran

JOHOR BAHRU, May 29 (Bernama) -- Johor Corporation (JCorp) is actively redefining Johor’s economic architecture beyond traditional sectors by shaping the next wave of industry platforms, from advanced manufacturing and food tech to digital infrastructure, circular economy systems and artificial intelligence (AI)-enabled agriculture.

ASEAN, GCC And China - A New Power Bloc Of The Global South

From Kisho Kumari Sucedaram

BEIJING, May 27 (Bernama) -- As the global economic uncertainty rages on following the United States’ (US) sweeping tariffs, China sees the inaugural ASEAN-Gulf Cooperation Council (GCC)-China Summit in Kuala Lumpur today not merely as a diplomatic gathering but a pivotal moment in the rise of the Global South.