Scrapping High-Value Goods Tax Will Not Affect RM700 Mln Revenue Target – Economist

By Niam Seet Wei

KUALA LUMPUR, July 30 (Bernama) -- The government’s decision to halt the proposed high-value goods tax (HVGT), formerly known as the luxury goods tax, will not affect the RM700 million tax revenue expected from its implementation, said an economist.

13MP Will Reinforce National Efforts To Develop High-Value Economic Sectors - Alliance Bank

KUALA LUMPUR, July 30 (Bernama) -- Alliance Bank Malaysia Bhd is optimistic that the 13th Malaysia Plan (13MP), to be tabled on Thursday, will reinforce national efforts to develop high-value economic sectors and provide a conducive environment for the banking sector's expansion.

FMM Calls On ASEAN To Boost Intra-regional Trade, Integration

KUALA LUMPUR, July 30 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) has called on ASEAN to intensify efforts to strengthen intra-ASEAN trade and production linkages.

Structural Reforms Critical For Long-term Economic Resilience - BNM Governor

By M.Saraswathi & Karina Imran

KUALA LUMPUR, July 30 (Bernama) -- Malaysia’s ongoing structural reforms to ensure long-term resilience are critical to defend the economy against global shocks, Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour said during an exclusive interview with Bernama.

Semiconductor Sector To Benefit From Supply Chain Focus In 13MP – Economist

By Anas Abu Hassan & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 29 (Bernama) – Malaysia’s semiconductor industry is poised to benefit from the upcoming 13th Malaysia Plan (13MP), as the government seeks to strengthen the country’s role in the global supply chain.

ASEAN Must Focus On Building More Integrated, Resilient Economy - PM Anwar

JAKARTA, July 29 (Bernama) -- It is imperative that ASEAN focus its energies inward, towards building a more integrated and resilient economy in facing today’s global economic headwinds, said Prime Minister Datuk Seri Anwar Ibrahim. 

Coherent Opens New Datacom R&D Centre In Penang

KUALA LUMPUR, July 29 (Bernama) -- Coherent Corp has opened its new Datacom Research and Development (R&D) Centre in Penang, underscoring the company’s strategic commitment to serving its rapidly growing global markets.

Bursa Opens Firmer On Regional Calm, Selective Buying

KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia opened slightly higher on Tuesday, supported by mild bargain hunting as the Thailand-Cambodia truce helped ease regional political concerns.

Multitude Of Positive Factors Entrench Malaysia’s Economy On Growth Trajectory – BNM Governor

By Karina Imran

KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour has expressed optimism that Malaysia’s economy remains on a strong growth trajectory due to multiple factors, such as resilient domestic demand and encouraging exports of electrical and electronic (E&E) products, despite headwinds from impending tariffs.

Revised GDP Growth Forecast Reflects Malaysia’s Economic Realities -- Economist

By Harizah Hanim Mohamed

KUALA LUMPUR, July 28 (Bernama) – The revised projection for Malaysia’s GDP growth in 2025 by Bank Negara Malaysia (BNM) is a realistic forecast that aligns with the economy’s underlying growth potential, said economist Professor Geoffrey Williams.

10,000 Local Engineers To Be Trained Under Arm's 10-Year Semiconductor Programme — Amirudin

SUBANG JAYA, July 28 (Bernama) -- A total of 10,000 local engineers are expected to be trained in the semiconductor field through a training programme by the United Kingdom’s semiconductor design firm, Arm, over 10 years, said Selangor Menteri Besar Datuk Seri Amirudin Shari.

Infineon Investment Lifts Malaysia As Chip Hub, Creates 1,500 Jobs - Tengku Zafrul

KUALA LUMPUR, July 27 (Bernama) -- Infineon Technologies’ mega investment has not only positioned Malaysia as a global semiconductor manufacturing hub but will also generate 1,500 high-income jobs for Malaysians, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.