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CAAM To Take Over Mavcom's Regulatory Functions From Aug 1, 2025

KUALA LUMPUR, July 21 (Bernama) -- The Civil Aviation Authority of Malaysia (CAAM) will assume the Malaysian Aviation Commission's (Mavcom) regulatory functions and responsibilities within the civil aviation industry effective Aug 1, 2025.

MyCIF Surpasses RM 1 Bln Co-investment Mark 

KUALA LUMPUR, July 21 (Bernama) -- The Malaysia Co-Investment Fund (MyCIF) total co-investments have reached RM1.19 billion as of end-2024 since its inception, with RM264 million invested in 2024 alone.

Malaysia Poised To Become Major Healthcare Hub, Says MBSB IB

KUALA LUMPUR, July 21 (Bernama) -- Malaysia is poised to become a major healthcare hub, driven by quality care, advancing technologies, and the growth of the hospitality sector, said MBSB Investment Bank Bhd (MBSB IB).

3REN Firms Up Partnership With InvestPenang On Penang Silicon Design @5km+ Initiative

GEORGE TOWN, July 18 (Bernama) -- 3REN Bhd’s subsidiary, Sophic Automation Sdn Bhd, has signed an agreement with Invest-In-Penang Bhd (InvestPenang) to accept an incentive package aimed at enhancing its integrated circuit (IC) design and development capabilities, as well as transforming its ideas into IC products. 

Malaysia Airports Targets June 2028 For Completion Of Penang Expansion

SEPANG, July 18 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) aims to complete the Penang International Airport (PIA) expansion project by June 2028, with several phases of work already underway, said group managing director Datuk Mohd Izani Ghani.

Luxchem Buys Five Industrial Lands In Klang For RM45.6 Mln

KUALA LUMPUR, July 15 (Bernama) -- Luxchem Corporation Bhd, via its wholly-owned subsidiary Luxchem Trading Sdn Bhd (LTSB), has signed agreements to acquire five leasehold industrial plots in Mukim Kapar, Klang, for RM45.6 million.

Financial Aid Programmes To Support B40, SST To Drive Economic Stability -- Economists

By Harizah Hanim Mohamed

KUALA LUMPUR, July 9 (Bernama) -- Salary increases, along with the expansion of recipients and higher allocations under the public assistance programme, are expected to cushion the short-term impact of rising prices following the expansion of the Sales and Service Tax (SST).

Sabah Attracts Third Largest Total Investment In Malaysia For 1Q 2025

KOTA KINABALU, July 8 (Bernama) -- Sabah has recorded approved investments totalling RM10.9 billion for the first quarter (1Q) of this year, representing the third highest in Malaysia after Selangor and Kuala Lumpur, the Sabah State Legislative Assembly was told today.

Bank Negara's International Reserves Rise To US$120.6 Bln

KUALA LUMPUR, July 7 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) rose to US$120.6 billion (US$1=RM4.20) as of June 30, 2025, up from US$119.9 billion recorded on June 13, 2025.

Fiscal Consolidation Pays Off For Malaysia; US Dollar Seen On Weaker Path

By Harizah Hanim Mohamed

KUALA LUMPUR, July 6 (Bernama) -- Malaysia’s fiscal consolidation efforts are beginning to bear fruit, with measures to narrow the fiscal deficit and reduce government debt gaining traction despite criticism, signalling a positive outlook for the country’s sovereign credit ratings.

SST And New Electricity Tariffs: Relief Measures To Ease Transition

By Nurul Hanis Izmir

PUTRAJAYA, July 6 (Bernama) -- As Malaysia enters the second half of 2025, the government’s fiscal recalibration through an expanded Sales and Service Tax (SST) and revised electricity tariffs mark a strategic move to strengthen national finances while prioritising the welfare of the rakyat.

KWAP Finalises 12 General Partners Under Dana Pemacu’s RM6 Bln Fund Allocation

KUALA LUMPUR, June 30 (Bernama) -- The Retirement Fund Inc (KWAP) today announced the shortlisted 12 global general partners (GPs) with an allocation of RM6 billion across both conventional and Shariah-compliant funds under the Dana Pemacu initiative.