BUDI95: 300 Litres Sufficient For Normal Use -- Treasury Sec-gen

PUTRAJAYA, Oct 19 (Bernama) -- Based on the government data, the 300-litre petrol subsidy quota provided under the BUDI MADANI RON95 (BUDI95) programme is sufficient for normal personal use, said Treasury secretary-general Datuk Johan Mahmood Merican.

BUDI95 Initiative Targets Fairer Subsidy, Boosts Income Equity --  Economists

KUALA LUMPUR, Oct 1 (Bernama) -- The BUDI95 petrol subsidy initiative strengthens income distribution and could improve fairness in how national resources are shared by five to 10 per cent, in line with ASEAN peers, an economist said.

RON95 Subsidy Plan To Benefit Majority, Mitigate Inflationary Pressures - Investment Banks

KUALA LUMPUR, July 24 (Bernama) -- The government's plan to reduce the price of RON95 petrol is widely seen as a positive step to ease living costs and support private consumption amid global economic uncertainties, said investment banks.

MITI To Launch Iron And Steel Industry Roadmap

KUALA LUMPUR, July 22 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will launch a roadmap to reform and future-proof Malaysia’s iron and steel sector, following the submission of the Independent Steel Committee’s (ISC) final report.

NationGate Clarifies MACC Probe Limited To Non-major Subsidiary

KUALA LUMPUR, July 17 (Bernama) -- NationGate Holdings Bhd clarified that the investigation by the Malaysian Anti-Corruption Commission (MACC) is limited to its subsidiary NationGate Solution (M) Sdn Bhd.

MITI Finds No Evidence Of AI Chips Smuggling -- Tengku Zafrul

KUALA LUMPUR, July 15 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has not found any evidence of incidents relating to the smuggling of high-performance artificial intelligence (AI) chips, said its minister, Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

MACC Raids NationGate Subsidiary Over Scrap Metal Smuggling Allegations

KUALA LUMPUR, July 15 (Bernama) -- The Malaysian Anti-Corruption Commission (MACC) has raided the premises of NationGate Holdings Bhd’s wholly-owned subsidiary, NationGate Solution (M) Sdn Bhd, as part of an ongoing investigation into allegations of scrap metal smuggling.

MITI’s AI Chip Export Rule To Have No Impact On Data Centres -- MIDF

KUALA LUMPUR, July 15 (Bernama) -- MIDF Amanah Investment Bank Bhd believes that data centres will not be affected by the Ministry of Investment, Trade and Industry’s (MITI) latest directive on artificial intelligence (AI) chips.

Malaysia’s Great Shift: Navigating The High Stakes Of Targeted Subsidies

By Siti Radziah Hamzah

KUALA LUMPUR, April 23 (Bernama) -- As Malaysia embarks on one of the most ambitious reforms to its economic framework in recent decades, the issue of targeted subsidy for diesel has taken centre stage.

MAHB Tightens Wildlife Smuggling Checks At KLIA

KUALA LUMPUR, March 17 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) has reaffirmed its commitment to tackling wildlife smuggling at Kuala Lumpur International Airport (KLIA) through tighter security measures and closer cooperation with enforcement agencies.  

Thai PM: Economic Corridor Crucial To US$30 Bln Trade Target With Malaysia

KUALA LUMPUR, Feb 15 (Bernama) -- Thailand and Malaysia are accelerating efforts to unlock the full potential of cross-border trade and investment, aiming to establish a thriving economic corridor along their shared border.

Malaysia Committed To Export Controls, Denies AI Chip Smuggling Claims To China

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 7 (Bernama) – The Malaysian government takes seriously the allegation that the country is being used as a transit point for smuggling Nvidia artificial intelligence (AI) chips to China and is committed to complying with multilateral international export control regulations.