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Malaysia Advances 11 Spots In World Competitiveness Ranking 2025

KUALA LUMPUR, June 17 (Bernama) -- Malaysia has jumped 11 spots in the World Competitiveness Ranking (WCR) 2025 to 23rd place -- its best ranking since 2020 -- reflecting the progressive momentum in the country’s economic recovery and reform agenda.

TNB Earmarks RM43 Bln To Upgrade National Grid With AI, Battery Storage Systems -- PM Anwar

KUALA LUMPUR, June 16 (Bernama) -- National utility company Tenaga Nasional Bhd has committed RM43 billion to upgrade the national grid infrastructure, said Prime Minister Datuk Seri Anwar Ibrahim.

ASEAN Power Grid's Enhanced MoU To Focus On Regulations, Technical Requirements -- Fadillah

KUALA LUMPUR, June 16 (Bernama) -- ASEAN Power Grid’s (APG) enhanced memorandum of understanding (MoU), projected to be finalised by the end of this year, will focus on standardising rules and regulations, aligning technical requirements and establishing a financial model.

Azman Hashim: Scaling Challenges, Shaping Finance

By Karina Imran

KUALA LUMPUR, June 16 (Bernama) -- With over 60 years of experience in the banking industry, Tan Sri Azman Hashim stands not only as an icon of Malaysian finance but also as a remarkable businessman, passionate sportsman, avid singer and dedicated philanthropist.

SST Expansion A Strategic Window For Business Readiness, Says MAICCI Women’s Wing Head

KUALA LUMPUR, June 15 (Bernama) -- The expansion of the Sales and Service Tax (SST) beginning July 1, 2025, is seen as a timely and strategic move that provides businesses, particularly women-led enterprises, with the clarity and space to strengthen operations and build long-term resilience.

Malaysia’s Sustainability Reporting Earns Global Recognition In IFRS Profile

KUALA LUMPUR, June 13 (Bernama) -- Malaysia has been recognised as the only ASEAN jurisdiction to adopt the international sustainability standards board (ISSB) standards with limited transition, according to the international financial reporting standards (IFRS) foundation’s latest jurisdictional profile.

AEM Meeting In July To Fast-track ASEAN DEFA

KUALA LUMPUR, June 12 (Bernama) – Malaysia will convene a special ASEAN Economic Ministerial (AEM) meeting in Bangkok at the end of July to accelerate progress on the Digital Economy Framework Agreement (DEFA).

Bursa Malaysia Up 0.45 Pct At Close As Investors Welcome US-China Trade Framework

KUALA LUMPUR, June 11 (Bernama) -- Bursa Malaysia ended higher on Wednesday, with investors adopting a cautiously optimistic stance following the announcement of a United States–China trade framework agreement, which includes provisions on technology trade.

Malaysian Rubber Market Extends Mixed Performance

KUALA LUMPUR, June 11 (Bernama) -- The Malaysian rubber market extended its mixed performance at the close today, in tandem with regional rubber futures markets and crude oil prices, a dealer said.

Sarawak Inks Deal With China's Energy Giants For Bakun Floating Solar Project

KUCHING, June 10 (Bernama) -- Sarawak takes another step to strengthen its energy security and environmental sustainability with the formalisation of a memorandum of understanding (MoU) with two of China’s leading companies to develop a floating solar project at the Bakun Hydroelectric Plant (HEP) reservoir.

Tax Experts: Targeted SST Review Supports Fiscal Health

By Anas Abu Hassan

KUALA LUMPUR, June 9 (Bernama) -- The revision of Sales Tax rates and the expansion of the Service Tax scope form part of targeted fiscal measures to keep the nation’s finances on a sustainable path, tax experts said.

Petronas To Cut 10 Pct Of Its Workforce – Tengku Muhammad Taufik

KUALA LUMPUR, June 6 (Bernama) -- Petroliam Nasional Bhd (Petronas) is cutting 10 per cent of its workforce to cope with challenging operating conditions, particularly due to falling crude prices.