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Malaysia Sets Minimum Target Of 3,000 Smart Factories By 2030 – MITI

KUALA LUMPUR, Feb 20 (Bernama) -- The Ministry of Investment, Trade, and Industry (MITI) aims to establish a minimum of 3,000 smart factories by 2030 as part of Malaysia’s industrial transformation under the New Industrial Master Plan 2030 (NIMP 2030).

E-Invoice Exemption Benefits Over 700,000 Small Traders - Amir Hamzah Azizan

KUALA LUMPUR, Feb 20 (Bernama) -- The government has granted an exemption of the e-invoice issuance to small traders with annual sales below RM150,000, benefitting over 700,000 small traders such as hawkers as they no longer need to issue e-invoices, said Finance Minister II Amir Hamzah Azizan.

JS-SEZ Action Plan Expected To Be Ready By Third Quarter 2025 - Economy Ministry

KUALA LUMPUR, Feb 19 (Bernama) -- The government is preparing the Johor-Singapore Special Economic Zone (JS-SEZ) Action Plan and it is expected to be completed in the third quarter of 2025.

Malaysia’s AI Data Centre Development To Be Impacted By Recent US Restrictions -- Liew

KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia is expected to face challenges in the development of artificial intelligence (AI) data centres due to the recent restrictions by the United States (US) on AI chip exports, said Deputy Investment, Trade and Industry Minister Liew Chin Tong. 

Yinson Production Completes Acquisition Of Stella Maris CCS

KUALA LUMPUR, Feb 19 (Bernama) -- Yinson Holdings Bhd’s offshore business arm, Yinson Production, has completed the acquisition of 100 per cent shares in Norway-based Stella Maris CCS AS from Altera Infrastructure.

EcoWorld Malaysia Acquires Remaining 40 Pct Stake In PPSB

KUALA LUMPUR, Feb 18 (Bernama) -- Eco World Development Group Bhd (EcoWorld Malaysia) has acquired the remaining 40 per cent stake in Paragon Pinnacle Sdn Bhd (PPSB) from Employees Provident Fund (EPF) subsidiary, Tanjung Wibawa Sdn Bhd (TWSB), for RM184.08 million.

Motorola Solutions Secures Contract To Enhance Emergency Radio Network In Victoria

KUALA LUMPUR, Feb 18 (Bernama) -- Motorola Solutions has been granted a 10-year contract valued at AUD$500 million (approximately US$330 million) from the Victorian government to maintain and enhance the Metropolitan Mobile Radio network (MMR) relied upon by the state’s emergency services. (US$1=RM4.42)

MSMEs In Northern Region Encouraged To Leverage MyCIF For Business Expansion

BUKIT MERTAJAM, Feb 18 (Bernama) -- Entrepreneurs of micro, small, and medium enterprises (MSMEs) in the northern region are encouraged to explore new funding opportunities through the Malaysia Co-Investment Fund (MyCIF).

Asean-Japan Women Entrepreneurs’ Summit In Kuala Lumpur Empowers Women In Business, Innovation

KUALA LUMPUR, Feb 18 (Bernama) -- The ASEAN-Japan Centre (AJC), in collaboration with the ASEAN Youth Organization and with the support of the ASEAN Coordinating Committee for Micro, Small, and Medium Enterprises (ACCMSME) and Women Leadership Foundation Malaysia, successfully hosted the ASEAN-Japan Women Entrepreneurs’ Summit in Kuala Lumpur.

Petronas-Petros Agreement Provides Certainty, Brings Confidence To Malaysia's Oil And Gas Sector

By NurulJannah Kamaruddin

KUALA LUMPUR, Feb 17 (Bernama) -- The agreement reached between Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) provides certainty that the country's oil and gas sector will remain sustainable while also boosting investor confidence in the industry’s competitiveness.

Federal Govt welcomes Sarawak's Aspiration To Spur Its oil Industry -- PM Anwar

KUALA LUMPUR, Feb 17 (Bernama) -- The Federal government and the Sarawak state government have accepted Sarawak’s oil industry aspirations as embodied under the Distribution of Gas Ordinance 2016 (Amendment) (DGO), said Prime Minister Datuk Seri Anwar Ibrahim today.

Uni-Fuels Achieves International Sustainability And Carbon Certifications For Sustainable Biofuels

KUALA LUMPUR, Feb 13 (Bernama) -- Singapore-headquartered Uni-Fuels Holdings Limited (Uni-Fuels), a global marine fuel solutions provider, announced that its wholly owned subsidiary, Uni-Fuels Pte Ltd (Uni-Fuels Singapore), has received both ISCC EU and ISCC PLUS certifications.