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TNB Evaluating Legal Options After Receiving RM840 Mln Tax Notice

KUALA LUMPUR, July 25 (Bernama) -- Tenaga Nasional Bhd (TNB) has received a Notice of Additional Assessment for the Year of Assessment (YA) 2022 amounting to RM840.12 million, dated July 24, 2025, from the Inland Revenue Board.

Borneo Flora Festival 2025 To Generate Over RM20 Mln In Economic Boost For Labuan

By Jailani Hasan

LABUAN, July 25 (Bernama) -- The Borneo Flora Festival (BFF) 2025, which officially begins tomorrow, is already generating significant economic spillover across Labuan, with thousands of visitors arriving for the five-day floral and cultural celebration.

Bank Islam Sees Short-term Economic Boost From Govt Fiscal Package

KUALA LUMPUR, July 24 (Bernama) -- The government's special announcement on direct fiscal measures are expected to have short- to medium-term impact on the country’s economy, particularly in private consumption, inflation, and fiscal conditions, according to Bank Islam Malaysia Bhd (BIMB).

Malaysia’s Semiconductor Exports Remain Resilient, Grow At 15.7 Pct In 1H 2025 -- Tengku Zafrul

PETALING JAYA, July 24 (Bernama) --  Malaysia’s semiconductor exports remained resilient, growing 15.7 per cent in the first six months of this year alone (1H 2025), outpacing overall export growth of 3.8 per cent, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

RM100 Cash Aid To Have RM3 Bln Retail Injection, Boost Consumption - Kenanga IB

By Siti Radziah Hamzah

KUALA LUMPUR, July 24 (Bernama) -- The targeted fiscal measures announced by Prime Minister Datuk Seri Anwar Ibrahim on Wednesday are anticipated to enhance near-term consumption, especially for essential goods and household items, according to Kenanga Investment Bank Bhd (Kenanga IB).

Bosch Appoints Darren Chan As Managing Director For Malaysia

KUALA LUMPUR, July 24 (Bernama) -- Bosch has appointed Darren Chan Chon Hoe as managing director of Bosch Malaysia, the first Malaysian to assume that position, effective July 1, 2025.

PADU System Uses Integrated Data To Update 30.4 Mln Profiles As Of June -- Economy Ministry

KUALA LUMPUR, July 23 (Bernama) -- The Central Database System (PADU) has integrated data from 204 agencies to update 30.4 million citizen and permanent resident profiles as of June 2025.

Latest Fiscal Support Measures Positive For Consumer Sector -- CIMB Securities

KUALA LUMPUR, July 23 (Bernama) -- The latest fiscal support measures announced by Prime Minister Datuk Seri Anwar Ibrahim are expected to bolster Malaysia’s consumer sector by reinforcing near-term spending, particularly on essential goods and value-based retail, said CIMB Securities Sdn Bhd. 

CGC Enhances Financing Features Under BizJamin MTC, BizJamin-i MTC Schemes To Support MTCs

KUALA LUMPUR, July 23 (Bernama) --  Credit Guarantee Corporation Malaysia Bhd (CGC) has enhanced its financing feature under the BizJamin MTC and BizJamin-i MTC schemes, now allowing mid-tier companies (MTCs) to apply for financing amounts between RM1 million and RM5 million.

Pavilion REIT's Net Profit Rises To RM78.66 Mln In Second Quarter

KUALA LUMPUR, July 22 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a higher net profit of RM78.66 million in the second quarter ended June 30, 2025 (2Q 2025) compared to a net profit of RM67.12 million in the same quarter the preceding year.

IPG Benefits 239,053 Rubber Smallholders, With RM523.4 Mln Total Payout

KUALA LUMPUR, July 22 (Bernama) -- The Rubber Production Incentive (IPG) has benefited 239,053 smallholders, with total payments amounting to RM523.4 million from its implementation in September 2015 up to June 30, 2025, according to the Ministry of Plantation and Commodities (KPK).

AM Best Affirms Superior Ratings Of South Korea's DB Insurance 

KUALA LUMPUR, July 22 (Bernama) -- AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of South Korea-based DB Insurance Co Ltd (DBI), with a stable outlook.