LATEST NEWS   Menara Merdeka 118 officially launched as Malaysia’s first MD Nexus - Gobind | Digital Ministry to focus on 6 impactful areas to accelerate digital transformation in 1H 2026 - Gobind | The ringgit strengthened to its best level in almost eight years at 3.92 against the US dollar as at Jan 28, 2026, remaining as one of Asia's best-performing currencies -- Amir Hamzah | GDP growth in 2025 is estimated at 4.9 per cent, trade growth will exceed 6 per cent and reach a record high of RM3 trillion -- Amir Hamzah | The 2025 deficit is expected to meet the 3.8 pct target and decline to 3.5 pct this year -- Amir Hamzah | 

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Approved Investments, FDIs Reflect Different Stages Of Malaysia’s Investment Journey

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 3 (Bernama) -- Some may argue that the approved investments reported by the Malaysian Investment Development Authority (MIDA) and the foreign direct investment (FDI) figures from the Department of Statistics Malaysia (DOSM) for the first half of 2025 (1H 2025) appear contradictory. 

CIFTIS 2025: Bank Of China To Unveil "Mifang Card" For Tourists, AI Finance Tool

KUALA LUMPUR, Sept 3 (Bernama) -- At the upcoming China International Fair for Trade in Services (CIFTIS), scheduled for Sept 10 to 14 at Shougang Park, Bank of China will debut its "Mifang Card", a financial product designed to ease transactions for foreign tourists in China.

Sarawak Advances Green Energy Initiative With Pilot Hydrogen Export Projects, Global Partnerships

KUCHING, Sept 3 (Bernama) -- Sarawak continues to strengthen its position as a regional green energy leader through pilot hydrogen export projects and strategic partnerships with foreign countries, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

Sarawak Electricity Ordinance Amendment Unlocks Potential For New Generation Projects

KUCHING, Sept 3 (Bernama) -- The recent amendment to the Sarawak Electricity Ordinance marked a major turning point for the state’s energy sector, said State Minister for Utility and Telecommunication Datuk Seri Julaihi Narawi.

Ringgit Ends Lower Ahead Of BNM's MPC Meeting

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit ended on a low note on Tuesday as market sentiments remained cautious, with traders bracing for Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting on Thursday to gauge the latest economic assessments.

Malaysia Records RM1.73 Trillion In Trade For First 7 Months - MATRADE

SEREMBAN, Sept 2 (Bernama) -- Malaysia's trade performance continued to soar as the country's trade recorded its highest value of RM1.73 trillion, an increase of 4.7 per cent for the period from January to July 2025 compared to RM1.65 trillion in the same period last year.

Local Institutions Extend Buying Streak For Fifth Week With Purchases Of RM1.16 Bln - MBSB Investment

KUALA LUMPUR, Sept 2 (Bernama) -- Local institutions extended their net buying streak on Bursa Malaysia for the fifth consecutive week last week, registering purchases of RM1.16 billion from RM391.8 million in the previous week, according to MBSB Investment Bank Bhd (MBSB IB).

Tianjin’s SCO Summit To Call For Enhancing Multilateralism, Boost Ties With ASEAN

By Voon Miaw Ping

TIANJIN (China), Aug 31 (Bernama) -- The Shanghai Cooperation Organisation (SCO) Summit, which kicked off today, is expected to see member states continue to prioritise cohesion in their efforts to deepen economic and security cooperation.

2Q 2025 GDP Growth Driven By Government’s Centrality Approach - PM Anwar

KUALA LUMPUR, Aug 30 (Bernama) -- Malaysia's gross domestic product (GDP) growth of 4.4 per cent in the second quarter of 2025 was achieved through the government’s adoption of a centrality approach amid an uncertain geopolitical and economic environment, said Prime Minister Datuk Seri Anwar Ibrahim.

Fadillah's Visit To Busan Signals Readiness To Advance Regional Cooperation, Energy Transition

BUSAN, Aug 30 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof’s official working visit to Busan has reinforced Malaysia’s readiness to strengthen regional cooperation and advance its clean energy transition, both domestically and within ASEAN.

AmBank Economist Forecasts Ringgit At 4.27 Against US Dollar By End-2025

KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is projected to settle at 4.27 against the US dollar by the end of 2025, on a slight rebound in US dollar strength and reduced support from Malaysia’s trade account.

Income From Crypto Activities Subject To Income Tax Act 1967 -- MOF

KUALA LUMPUR, Aug 29 (Bernama) -- Income derived from digital cryptocurrency activities such as trading, mining, and exchange in Malaysia is subject to income tax under Section 4 of the Income Tax Act 1967 because digital currencies are classified as commodities that can be considered business income.