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Ringgit Rises As Traders Turn Cautious Ahead Of US Tariff Move

By Harizah Hanim Mohamed

KUALA LUMPUR, July 3 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, rebounding from a weaker close the day before, as traders turned cautious and pared greenback holdings ahead of the July 9 expiry of the United States’ 90-day tariff pause, an analyst said.

JS-SEZ Could Lift Johor's National GDP Share To More Than 12 Pct By 2030

KUALA LUMPUR, July 2 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) is expected to propel Johor's share of national gross domestic product (GDP) to exceed 12 per cent by 2023, should their investments materialise according to plan, said CIMB Investment Bank Bhd.

SynVista To Invest RM235 Mln In Energy Storage Facility In Selangor, Eyes Operations In 4Q

KUALA LUMPUR, July 1 (Bernama) -- SynVista Energy Holdings Pte Ltd (SynVista Energy), a  Singapore-headquartered global leader in artificial intelligence (AI)-powered energy storage systems, is investing US$50 million (RM210 million) to establish its first energy storage manufacturing facility in Selangor.

Gamuda’s Unit signs Deal To Co-develop Renewable Energy Projects In Australia

KUALA LUMPUR, June 30 (Bernama) -- Gamuda’s wholly owned Australian subsidiary, Gamuda Holdings Pty Ltd, has signed a landmark agreement with local Tasmanian landowners to co-develop a portfolio of large-scale renewable energy projects in Central Tasmania.

Pharma Industry Emerging As Driver Of Investments, Jobs, And Healthcare Resilience -- MPC

KUALA LUMPUR, June 30 (Bernama) -- Malaysia’s pharmaceutical industry is emerging as a driver of high-value investment, skilled employment, and healthcare resilience, driven by regulatory and productivity reforms implemented in recent years, according to the Malaysia Productivity Corporation (MPC).

ECERDC Records RM6.4 Bln Realised Investments In 1H2025 - PM Anwar

KUALA LUMPUR, June 30 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) has successfully recorded RM6.4 billion in realised investments in the first six months of this year, said Prime Minister Datuk Seri Anwar Ibrahim.

MITI Supports Young Entrepreneurs Through DEFA, ASEAN SME Academy

KUALA LUMPUR, June 28 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is actively creating more space for young entrepreneurs to thrive, in line with Malaysia’s role as ASEAN chair, said Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Australia Deepens Economic Links with Malaysia, Singapore via Trade Mission

KUALA LUMPUR, June 27 (Bernama) -- Australia is intensifying efforts to strengthen its economic engagement with Southeast Asia through a high-level trade and investment mission currently visiting Malaysia and Singapore.

OCBC Sees Johor As Trade Hub Linking ASEAN With China

JOHOR BAHRU, June 26 (Bernama) -- OCBC Group views Johor as a strategic investment and trade hub that connects ASEAN and China, and is ready to expand its role in supporting the growth of various key sectors in the state.

Invest Johor-NEOJAPAN Tie-up Set To Create 300 High-skilled Jobs -- Onn Hafiz

JOHOR BAHRU, June 25 (Bernama) -- The collaboration between the Johor state government via Invest Johor and Japanese technology company NeoJapan Inc, signed recently, is expected to create up to 300 highly skilled job opportunities, with a starting salary of RM4,000 for new graduates. 

Data Centre 2.0 Transition Key Towards A Sustainable Digital Sector - MIDA

KUALA LUMPUR, June 25 (Bernama) -- Malaysia’s shift towards Data Centre 2.0 is a crucial step in building a strong foundation for the country’s digital sector growth, said Malaysian Investment Development Authority (MIDA) chief executive officer (CEO) Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid.

Govt Approves Venture Capital Tax Incentives To Boost Investments In Startups

KUALA LUMPUR, June 24 (Bernama) -- The government has approved new venture capital (VC) tax incentives to include a five per cent concessionary tax rate for up to 10 years for eligible fund entities investing at least 20 per cent in local startups, said Finance Minister II Datuk Seri Amir Hamzah Azizan.