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KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2026 marks a decisive shift in Malaysia’s economic direction from subsidy-driven consumption to investment-driven transformation as the government pursues fiscal consolidation while sustaining growth momentum, economists said.
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KUALA LUMPUR, Oct 11 (Bernama) -- The Malaysian Automotive Association (MAA) has urged the government to consider maintaining a balanced policy framework that continues to support both completely built up (CBU) and completely knocked down (CKD) electric vehicle (EVs) segments.
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KUALA LUMPUR, Oct 11 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is committed to ensuring that the Malaysian Investment Development Authority (MIDA) ecosystem is fully prepared to implement the new Performance-Based Incentive Framework for the manufacturing sector in the early first quarter (1Q) of 2026, followed by the services sector in early 2Q of the same year.
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KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia’s net borrowings are expected to decline slightly in 2026 as further fiscal consolidation under the government’s medium-term fiscal strategy reduces the deficit to RM74.6 billion (2025: -RM76.7 billion), CIMB Investment Bank Bhd said.
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KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2026 nurtures sustainable and responsible growth, empowers citizens to embrace wealth creation, and encourages diversity -- all key factors to move forward as a progressive society, said Bursa Malaysia Bhd.
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LABUAN, Oct 10 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) has granted conditional approvals to Green Digital Bank Corp and Fasset Islamic Digital Bank Ltd to operate as Islamic digital banks within the Labuan International Business and Financial Centre (Labuan IBFC).
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KUALA LUMPUR, Oct 9 (Bernama) -- The BioInnovation Launchpad 2025 programme under BioXceed 2025 is expected to produce at least 10 high-potential bio-entrepreneurs capable of achieving Bio-based Accelerator (BBA) or BioNexus status, further strengthening the national biotechnology ecosystem by 2030.
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KUALA LUMPUR, Oct 9 (Bernama) -- Top Glove Corporation Bhd has returned to profitability, posting a net profit of RM109.07 million for the financial year ended Aug 31, 2025 (FY2025), compared with a net loss of RM64.88 million a year earlier.
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KUALA LUMPUR, Oct 9 (Bernama) -- Tenstorrent Inc., a US-based artificial intelligence (AI) startup, is planning to expand its presence in Malaysia by establishing offices in the country.
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By Zufazlin Baharuddin
HELSINKI, Oct 9 (Bernama) -- The Finnish Innovation Fund, Sitra, sees strong potential for introducing the “Lifestyle Test” application in Malaysia, which helps users measure their carbon footprint and encourages positive and sustainable lifestyle choices.
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By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 9 (Bernama) -- Prasarana Malaysia Bhd has expressed hope that the government will continue the unlimited monthly travel pass initiative and provide strong support for the Shah Alam Line (LRT3) project in the upcoming Budget 2026.
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PUTRAJAYA, Oct 8 (Bernama) -- Malaysia has achieved a major milestone with hardcore poverty almost eradicated, recording a rate of 0.09 per cent based on the 2024 Household Income and Expenditure Survey (HIES) announced today, compared with 0.2 per cent in 2022.