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Malaysia’s Automotive Ecosystem A Competitive Base For Export-Oriented Vehicle Assembly - Sim

KUALA LUMPUR, Jan 29 (Bernama) -- Malaysia’s automotive ecosystem continues to strengthen the country’s position as a competitive base for higher-value vehicle assembly and export-oriented manufacturing, according to Deputy Minister of Investment, Trade and Industry Sim Tze Tzin.

Sales Tax On LVG Contributes RM817 Mln In Additional Revenue In 2025 - MOF

KUALA LUMPUR, Jan 29 (Bernama) -- Sales tax on low value goods (LVG) contributed an additional revenue of RM817 million last year, up from RM476 million in 2024, according to the Ministry of Finance (MoF).

Ringgit Surges For Third Day, Closing At 3.9175 vs US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit jumped to a seven-year high to close at 3.9175 versus the US dollar on Wednesday as improved risk sentiment and a softer greenback continued to support the local currency, which rose for the third consecutive day this week.

Xsolla Adds JKOPay, Boosts Taiwan Game Payments Coverage

KUALA LUMPUR, Jan 28 (Bernama) -- Xsolla, a global video game commerce company, announced the expansion of its payments solution in Taiwan by integrating JKOPay, the island’s most widely used mobile payment brand.

Oscar Winner Gwyneth Paltrow To Headline Meltwater Summit 2026 In May

KUALA LUMPUR, Jan 28 (Bernama) -- Meltwater, a global leader in media, social and consumer intelligence, has announced that Oscar-winning actress, author, and goop founder and chief executive officer, Gwyneth Paltrow, will be the headlining keynote speaker at Meltwater Summit 2026 from May 5 to 6 in New York City.

Fushi Tech To Digitally Transform Shihlin Taiwan Street Snacks

KUALA LUMPUR, Jan 28 (Bernama) -- Fushi Tech, a global provider of integrated artificial intelligence (AI) and digital solutions for merchants, has partnered with Shihlin Taiwan Street Snacks to implement an integrated mobile-first ecosystem covering 43 outlets across Singapore and Malaysia.

Arc’teryx Names First Chief Brand Officer, Appoints EMEA General Manager

KUALA LUMPUR, Jan 28 (Bernama) -- Arc’teryx Equipment, the design company specialising in technical high-performance apparel and equipment, has appointed Avery Baker as its first Chief Brand Officer, a newly created executive role that marks a significant step in the company’s global evolution.

Ringgit Firms To 3.9485 As Weak US Data Pressures Greenback

KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit opened firmer against the US dollar on Wednesday, supported by weaker US economic data that continued to weigh on the greenback.

BNPL Loans Reach RM4.9 Bln As At Dec 31, 2025 – MoF

KUALA LUMPUR, Jan 27 (Bernama) -- Outstanding ‘Buy Now, Pay Later’ (BNPL) loans in Malaysia stood at RM4.9 billion as at Dec 31, 2025, accounting for 0.3 per cent of the country’s total household debt, Deputy Finance Minister Liew Chin Tong said.

Malaysia IPO Market Tops Southeast Asia By Volume In 2025 -- Deloitte

KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia's initial public offering (IPO) market topped Southeast Asia by volume, with 59 IPOs raising US$1.4 billion (2024: 55 IPOs raising US$1.6 billion), mainly through the ACE Market (US$1 = RM3.96).

China's ANTA Sports To Buy 29 Pct Stake In PUMA, Driving Global Expansion

KUALA LUMPUR, Jan 27 (Bernama) -- ANTA Sports Products Limited (ANTA Sports) has reached a share purchase agreement with Groupe Artémis, the Pinault family’s investment company, to acquire a 29.06 per cent stake in PUMA SE for 1.5 billion euros in cash. (1 Euro = RM4.70)

New Labuan Power Plant To Strengthen Energy Security, Boost Investor Confidence - DPM Fadillah

LABUAN, Jan 27 (Bernama) -- The 120-megawatt Rancha power plant is expected to significantly strengthen Labuan’s power supply reliability, resolve longstanding electricity disruptions and enhance the island’s attractiveness as an investment destination, said Deputy Prime Minister Datuk Seri Fadillah Yusof.