Govt Won't Allow Non-citizen Vehicles To Enjoy RON95 Subsidy - Economy Ministry

KUALA LUMPUR, Nov 25 (Bernama) -- The government does not intend to allow vehicles owned by non-citizens to enjoy the RON95 subsidy, said the Ministry of Economy.

Tesla Using Components From Local Suppliers, Involved In Technology Transfer -- MITI

KUALA LUMPUR, Nov 21 (Bernama) -- US electric vehicle (EV) maker Tesla has used components from about 45 local suppliers directly or indirectly to date, which also involves technology transfer to the suppliers, according to the Investment, Trade and Industry Ministry (MITI).

Indigo To Commence Direct Flight For Chennai-Penang Route On Dec 21 - Wong

GEORGE TOWN, Nov 19 (Bernama) -- Penang’s tourism sector is set to receive a significant boost with the announcement of a new daily direct flight between Chennai, India and Penang by IndiGo Airlines, said Penang State Tourism and Creative Economy Committee (Petace) chairman Wong Hon Wai.

Govt Provides Incentives For EV Charging Infrastructure Development - MITI

KUALA LUMPUR, Nov 18 (Bernama) -- The government will continue to provide incentives for the development of electric vehicle (EV) charging infrastructure, even though these incentives were not specifically mentioned in Budget 2025.

Govt Offers Various Initiatives, Incentives To Drive Local Automotive Industry - MITI

KUALA LUMPUR, Nov 18 (Bernama) -- The government has introduced various initiatives and incentives to enhance the capacity of the local automotive industry, aiming to increase exports of vehicles, including spare parts and components, according to the Ministry of Investment, Trade, and Industry (MITI).

BNM Announces Foreign Exchange Policy liberalisation For MDBs, Qualified Non-resident DFIs

KUALA LUMPUR, Nov 15 (Bernama) -- Bank Negara Malaysia (BNM) today announced a liberalisation of foreign exchange policy (FEP) for multilateral development banks (MDBs) and qualified non-resident development financial institutions (DFIs), aiming to facilitate their investments in key growth areas in Malaysia

Trinity Group Launches Trinity Sensoria, Introducing Five-tier Protection System Condominiums

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Nov 14 (Bernama) -- Property developer Trinity Group Sdn Bhd has launched its latest residential project, Trinity Sensoria, which introduces Malaysia's first five-tier (5X) protection system for condominiums. 

Govt Expands Collaboration With Global Semiconductor Players -- MITI

KUALA LUMPUR, Nov 12 (Bernama) -- The government is strengthening ties with developed countries and leading multinational companies in the semiconductor industry in an effort to increase technological collaboration, said the Ministry of Investment, Trade and Industry (MITI).

Bank Islam, PMB Investment Forge Strategic Alliance To Expand Shariah-Compliant Investment Opportunities

KUALA LUMPUR, Nov 12 (Bernama) -- PMB Investment Bhd and Bank Islam Malaysia Bhd (BIMB) have signed a memorandum of understanding (MoU) to establish a strategic collaboration aimed at expanding Shariah-compliant investment opportunities.

Govt Committed To Reducing Fiscal Deficit, Keep Debt-To-GDP Ratio Below 60 Pct

KUALA LUMPUR, Nov 11 (Bernama) -- The trend of declining fiscal deficit reflects the government's commitment to reducing the debt-to-gross domestic product (GDP) ratio, ensuring it stays below 60 per cent in the medium term, as stipulated by the Public Finance and Fiscal Responsibility Act 2023 (Act 850).

Three Crepe Rubber Processing Centres Set For Construction In Q3 2025

KUALA LUMPUR, Nov 11 (Bernama) -- The construction of three Crepe Rubber Processing Centres (PPGK) is expected to begin in the third quarter of 2025, according to the Ministry of Plantation and Commodities (KPK).

UK's The Access Group Opens Global Ops Centre In Kuala Lumpur

KUALA LUMPUR, Nov 11 (Bernama) -- Malaysia has attracted the United Kingdom’s second-largest business management software provider, The Access Group, to establish its new Global Operations Centre (GOC) in the country.