Malaysia's Low Wages Influencing Inadequate EPF Savings -- Chairman

KUALA LUMPUR, Oct 1 (Bernama) -- Malaysia's low-wage structure is a significant factor behind the Employees Provident Fund's (EPF) inadequate savings.

Malaysia Set To Lead ASEAN In AI Development Through Strategic Partnerships - PM Anwar

KUALA LUMPUR, Oct 1 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim announced that Malaysia will forge partnerships with industry leaders and enhance cooperation among stakeholders to position itself as a leading artificial intelligence (AI)-driven nation in ASEAN.

AKPK Reports 53,000 Under-30s Owe RM1.9 Bln - Amir Hamzah

KUALA LUMPUR, Oct 1 (Bernama) -- The Credit Counselling and Debt Management Agency (AKPK) reports that 53,000 individuals under 30 are burdened by nearly RM1.9 billion in cumulative debt.

Malaysia, South Korea Aim To Enhance ICT MoU, Focus On AI Tech

From Hasnah Jusid

SEOUL, Oct 1 (Bernama) -- Malaysia and South Korea aim to enhance the Memorandum of Understanding (MoU) on bilateral cooperation in the field of Information and Communication Technology (ICT), which was signed in 2019, by November this year.

Softer Economy, Rate Cuts To Boost Preferred Securities In Utilities, Regional Banks - Manulife

KUALA LUMPUR, Oct 1 (Bernama) -- A softer economic downturn and interest rate cuts could create favourable conditions for investing in preferred securities, particularly in electric utilities and regional banks, according to Manulife Investment Management (M) Bhd.

​Global Mayors Exchange Ideas On Sustainable Urban Development In Hangzhou

KUALA LUMPUR, Oct 1 (Bernama) -- Mayors and representatives from 24 cities in 15 countries and regions recently attended the Global Mayors Dialogue · Hangzhou and the ninth Hangzhou International Sister City Mayors Conference in Hangzhou.

Anwar Attends Google’s US$2 Bln Data Centre Groundbreaking

KUALA LUMPUR, Oct 1 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today attended Google's groundbreaking ceremony for its US$2 billion (US$1 = RM4.12) data centre and cloud region in Malaysia, held at the inaugural “Mantap Malaysia Bersama AI” event.

Maritime Industry Seeks Budget 2025 Incentives For Growth And Decarbonisation

KUALA LUMPUR, Oct 1 (Bernama) -- Key players in the maritime industry are calling for Budget 2025 incentives to stimulate growth and advance the green development agenda, specifically through support for low-emission vessel acquisition, green port investments and infrastructure expansion.

Prai Power Plant: A Symbol Of Excellence And Innovation

KUALA LUMPUR, Oct 1 (Bernama) -- Malakoff Corporation Bhd’s Prai Power Plant stands as a symbol of excellence and innovation in Malaysia’s energy sector.

Middle-income Tax Band Review A Welcome Move In Budget 2025 - PwC Malaysia

KUALA LUMPUR, Oct 1 (Bernama) -- With the rising cost of living a major concern for Malaysians, PwC Malaysia believes a review of personal income tax bands for the middle-income group in Budget 2025 would be a welcome move.

Budget 2025: KLSICCI Proposes Inclusive Measures For MSMEs To Lift Economic Growth

KUALA LUMPUR, Oct 1 (Bernama) – The Kuala Lumpur and Selangor Indian Chamber of Commerce and Industry (KLSICCI) has submitted several proposals to the Finance Ministry for Budget 2025 to lift and empower micro, small, and medium enterprises (MSMEs) while promoting inclusive economic growth in line with the MADANI Economy framework.

Bursa Malaysia Opens Lower On Mild Selling In Key Sectors

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia opened lower today, extending yesterday's losses amid mild selling in plantation, consumer products and services counters, according to an analyst.