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Govt To Announce New Programme To Replace NEM 3.0

KUALA LUMPUR, Aug 6 (Bernama) -- The government is currently reviewing the Net Energy Metering (NEM) programme and is expected to announce a new scheme this month, in line with the revised electricity tariff structure to ensure a more equitable distribution of energy subsidies.

ECRL Set To Boost Kuantan Port As Strategic Trade Gateway -- Knight Frank

By Abdul Hamid A Rahman & Mikhail Raj Abdullah

KUALA LUMPUR, Aug 6 (Bernama) -- A top official of a global real estate consultancy envisages Kuantan Port to emerge as a key logistics and trade hub for Malaysia, leveraging its strategic location and connectivity via the East Coast Rail Link (ECRL).

Global DPP Framework Launched In Beijing To Drive Green Supply Chain Digitalisation

KUALA LUMPUR, Aug 6 (Bernama) -- Beijing hosted the successful "Symposium on International Cooperation for Digital Product Passport (DPP) and International Standards for Entire Lifecycle Management", unveiling the MA-DPP Universal Framework V1.0—a major leap toward global supply chain digitalisation.

Govt To Study Possibility Of Enhancing Localisation Terms For Foreign Investors, Says Liew

KUALA LUMPUR, Aug 6 (Bernama) -- The government will review the possibility of strengthening localisation requirements imposed on foreign investors to create a more resilient ecosystem in Malaysia, enabling local companies to benefit from spillover effects.

Malaysia Eyes Nuclear Energy Post-2030, Final Call Hinges On Public Support -- Fadillah

KUALA LUMPUR, Aug 6 (Bernama) -- Malaysia is considering nuclear energy as part of its long-term energy mix, but the final decision on whether to proceed with nuclear power generation will only be made after 2030, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

Total Of 1,533 Furniture Projects Worth RM11.62 Bln Approved As Of March - Liew

KUALA LUMPUR, Aug 5  (Bernama) —  A total of 1,533 furniture projects have been approved with an investment value amounting to RM11.62 billion as of March this year, according to the Malaysian Investment Development Authority (MIDA), said Deputy Minister of Investment, Trade and Industry, Liew Chin Tong.

CIMB Securities: Water Tariff Revision Opens Path For Investment, Private Funding Still Needed

KUALA LUMPUR, Aug 5 (Bernama) -- Malaysia’s water sector still requires alternative funding schemes involving the private sector to reduce the federal government’s financial burden despite the ongoing review of water tariffs in selected states.  

Ringgit Opens Firmer Against US Dollar Amid Renewed US Rate Cut Hopes

By Anas Abu Hassan

KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit opened stronger against the US dollar on Monday as hopes for an upcoming United States (US) rate cut increased following the latest data that showed a weaker US labour market, an economist said.

Malaysia's Successful Tariff Negotiation Seen As Strategic Step Forward -- Economists

By Siti Radziah Hamzah

KUALA LUMPUR, Aug 3 (Bernama) -- Malaysia’s successful negotiation to reduce the reciprocal tariff imposed by the United States (US) on its exports to 19 per cent from 25 per cent is seen as a strategic step forward, placing the country on equal footing with major ASEAN peers while preserving key domestic policy priorities.

Penang Launches RM296 Mln 'GBS By The Sea' Development In Technoplex Bayan Lepas

GEORGE TOWN, Aug 2 (Bernama) -- Penang continued to cement its status as a global business and technology hub with the official launch of “GBS By The Sea”, a landmark RM296 million development located in Technoplex Bayan Lepas.

Ringgit Closes Lower Against US Dollar Amid US Tariffs, 13MP

KUALA LUMPUR, Aug 1 (Bernama) -- The ringgit closed lower against the US dollar on Friday as the dollar strengthened following new tariffs imposed by the United States on its trading partners, alongside developments related to the 13th Malaysia Plan (13MP).

Malaysia Upholds Finance, Procurement And Bumiputera Policies As US Eases Export Tariffs

KUALA LUMPUR, Aug 1 (Bernama) -- The government remains firm on matters related to policies in the financial system, government procurements, and Bumiputera interests during negotiations with the United States (US) on reciprocal tariffs.