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ASEAN Must Grow Own Giants, Shift From FDI, Export-reliant Growth - Liew

By Nur Ashikin Abdul Aziz

SINGAPORE, July 3 (Bernama) -- ASEAN should shift its focus towards developing its own companies and technologies, moving away from an economic model driven by foreign direct investment (FDI) or export-led industrialisation, amid global uncertainty.

Sabah To Raise OGSE Contracts For Local Firms By 100 Per Cent This Year – Hajiji

KOTA KINABALU, July 3 (Bernama) -- The Sabah government, in collaboration with Petroliam Nasional Bhd (Petronas) and industry partners, has set a target to increase by 100 per cent the value of local contracts in the oil and gas services and equipment (OGSE) sector awarded to Sabah-based companies this year.

Johor Maju Agenda Strengthens On Back Of State's Outstanding 2024 Economic Performance

JOHOR BAHRU, July 2 (Bernama) --  Johor’s success in recording the highest gross domestic product (GDP) growth in the country last year strengthens the implementation of the Johor Maju Agenda, which targets GDP growth of between seven and eight per cent annually for the state by the year 2030.

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.

Allianz General Partners Fashion Platform To Offer Customised Insurance Product

KUALA LUMPUR, July 2 (Bernama) -- Allianz General Insurance Company (Malaysia) Bhd has partnered International Fashion Chamber Malaysia Bhd to offer the Allianz Business Shield Package Insurance to fashion businesses.

Johor On Track To Emerge As Malaysia’s New economic Driver -- Exco

JOHOR BAHRU, July 2 (Bernama) -- The Johor state government is confident that the state is on the right track to emerge as Malaysia’s new economic driver when it records the highest gross domestic product (GDP) growth in 2024. 

Living Wage Drive By GLCs, GLICs A Pivotal Step Towards National Wage Reform – Economists

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 2 (Bernama) -- The move by Government-linked Investment Companies (GLICs) and Government-linked Companies (GLCs) to implement a minimum monthly living wage of RM3,100 for 153,000 employees marks a highly significant milestone that can catalyse a broader wage reform across Malaysia’s labour market, according to economists.

India Eyes Deeper Ties In Semiconductors And Digital Economy With Malaysia

KUALA LUMPUR, July 2 (Bernama) -- India is keen to deepen its already robust business linkages with Malaysia in the fast-growing semiconductor industry and digital economy.

KPK To Hold Engagement Session With Palm Oil Industry Players On SST Implementation

KUALA LUMPUR, July 1 (Bernama) -- The Ministry of Plantation and Commodities (KPK) will hold an engagement session with palm oil industry stakeholders on July 3, said Deputy Minister of Plantation and Commodities, Datuk Chan Fong Hin.

Beijing Digital Economy Experience Week 2025 Kicks Off Ahead Of Global Conference 

KUALA LUMPUR, July 1 (Bernama) -- The 2025 Beijing Digital Economy Experience Week commenced on June 27 at Beijing Fun Qianyechang in Xicheng District, serving as a key prelude to the upcoming Global Digital Economy Conference (GDEC 2025).

HCLTech, OpenAI Ink Strategic Partnership To Accelerate Enterprise AI Transformation 

KUALA LUMPUR, July 1 (Bernama) -- HCLTech has entered into a multi-year strategic collaboration with OpenAI to accelerate large-scale enterprise adoption of generative artificial intelligence (GenAI).

Hyra Network Named ‘Technology Startup Of The Year’ For Pioneering Shared AI Infrastructure

KUALA LUMPUR, July 1 (Bernama) -- Vietnamese firm Hyra Network has been named “Technology Startup of the Year” at the 2025 Globee Awards for Technology, in recognition of its pioneering work in decentralised artificial intelligence (AI) infrastructure.