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SME Bank Empowers 5,735 Entrepreneurs In 1H 2025, Up 158 Pct

KUALA LUMPUR, Aug 11 (Bernama) -- Small Medium Enterprise Development Bank Malaysia (SME Bank) has empowered 5,735 entrepreneurs in the first half of 2025 (1H 2025), an increase of 158 per cent against the 2,225 entrepreneurs recorded in 1H 2024.

MAG’s Boeing Order Tailwinds 13MP’s Economic Blueprint

KUALA LUMPUR, Aug 9 (Bernama) -- Malaysia Aviation Group’s (MAG) purchase of 30 Boeing 737 MAX aircraft is a strategic manoeuvre aligned with the goals of the 13th Malaysia Plan (13MP) for economic transformation, industrial upskilling, and global trade recalibration.

Anwar Receives Courtesy Visit From Mitsubishi UFJ Financial Group Chairman

KUALA LUMPUR, Aug 8 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today received a courtesy visit from a Mitsubishi UFJ Financial Group (MUFG) delegation led by its chairman Kanetsugu Mike in Putrajaya. 

Hunan Yuneng Picks Malaysia For Its Southeast Asian Lithium Battery Production Hub

SEREMBAN, Aug 8 (Bernama) -- Leading Chinese battery manufacturer Hunan Yuneng New Energy Battery Material Co Ltd (Hunan Yuneng) has officially announced the establishment of its first Southeast Asian manufacturing facility in Malaysia.

MIDA, MUFG Bank Partner To Accelerate Malaysia's High-Value Investment

KUALA LUMPUR, Aug 8 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and global banking subsidiary MUFG Bank (Malaysia) Bhd have entered into a strategic partnership to accelerate high-value investment in Malaysia.

Ascott, Coronade Properties Ink Hotel Management Agreement For Coronation Square

SINGAPORE, Aug 8 (Bernama) -- Singapore-headquartered hospitality firm The Ascott Ltd has been appointed by Coronade Properties Sdn Bhd to manage the hotel component of the Coronation Square integrated development in Johor Bahru.

Gov't To Consider Raising I-BAP Allocation Following Overwhelming Response - Ramanan

KUALA LUMPUR, Aug 7 (Bernama) -- The government will consider raising the allocation for the Business Accelerator for Indian-owned companies (I-BAP) to RM10 million in the upcoming Budget following overwhelming response since its launch in October last year.

Persistent Buying In Heavyweights Lifts Bursa Malaysia To End At Intraday High

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 7 -- Bursa Malaysia rebounded from a subdued morning session to close at its intraday high on Thursday, driven by sustained buying interest in selected heavyweights, particularly in the utilities and technology sectors, amid upbeat regional markets.

Investment Commitments Do Not Involve Public Funds, Will Not Increase Fiscal Burden - Tengku Zafrul

KUALA LUMPUR, Aug 7 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has reiterated that all purchase and investment commitments offered by Malaysia in the tariff negotiations with the United States (US) are commercial dealings by private companies and government-linked companies (GLCs), without involving any public funds or increasing the country's fiscal burden or debt.

Government Mulls Raising Tobacco Tax — Anwar

PUTRAJAYA, Aug 7 (Bernama) -- The government is considering a proposal to raise the tobacco tax rate, Prime Minister Datuk Seri Anwar Ibrahim said on Thursday.

MOF: EPF Monthly Payout Plan Won’t Affect Current Withdrawals

KUALA LUMPUR, Aug 7 (Bernama) -- The proposed implementation of monthly pension-style payments for Employees Provident Fund (EPF) members, announced during the tabling of the 13th Malaysia Plan (13MP), will not affect the withdrawal rights of existing members, said Deputy Finance Minister Lim Hui Ying.

Budget 2026 Aligned With First Year Of 13MP — Anwar

 PUTRAJAYA, Aug 7 (Bernama) -- Budget 2026, to be tabled this October, will be aligned with the implementation of the first year of the 13th Malaysia Plan (13MP) to ensure the country’s development trajectory is consistent with the medium-term policy framework introduced earlier.