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Policy Consistency, Political Stability Key To World Competitiveness Ranking – Economist

By Abdul Hamid A Rahman

KUALA LUMPUR, June 17 (Bernama) -- Malaysia’s World Competitiveness Ranking (WCR) hinges on political stability and consistent policy formulation and implementation, particularly as difficult or unpopular decisions are sometimes necessary to optimise resource allocation and strengthen the country’s economic structure.

Petronas Eyes Seven CCS Sites, Seeks Partners For Carbon Storage Projects

KUALA LUMPUR, June 17 (Bernama) — Petroliam Nasional Bhd (Petronas) is seeking local and international partners across the carbon capture and storage (CCS) supply chain to strengthen its position in the segment, having identified up to seven potential CCS sites in Malaysia.

Port Klang Tariff Remains Competitive In Region, Says PKA Chief

KUALA LUMPUR, June 16 (Bernama) -- The Port Klang Authority (PKA) today clarified that its tariff rates will remain among the most competitive in the region.

Petronas, Commonwealth LNG Ink 20-year Sustainable LNG Deal

KUALA LUMPUR, June 17 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) subsidiary, Petronas LNG Ltd, has entered into a liquefied natural gas (LNG) sale and purchase agreement with Commonwealth LNG, LLC, to diversify its LNG portfolio through long-term supply from the United States.

SME Bank, BSN Partner To Boost Malaysia’s Homegrown Entrepreneurs

KUALA LUMPUR, June 17 (Bernama) -- Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) and Bank Simpanan Nasional (BSN) have inked a memorandum of understanding to empower Malaysia’s homegrown entrepreneurs.

International Collaboration Crucial For ASEAN’s Sustainable Energy Future -- Fadillah

KUCHING, June 16 (Bernama) -- International collaboration is vital for ASEAN to realise a sustainable energy future, as this aspiration requires member states to adopt innovative technologies and strengthen power infrastructure, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

BSN Micro MADANI Carnival An Initiative To Boost Malaysian Micro Entrepreneurs

KUALA LUMPUR, June 16 (Bernama) — The launch of Bank Simpanan Nasional's (BSN) Micro MADANI Carnival at Pasar Payang, Kuala Terengganu is an inclusive, community-focused initiative to empower micro-entrepreneurs and to support local economic growth.

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.

Samling Group Achieves Major Gains In Eucalyptus Plantation Yields

BINTULU, June 15 (Bernama) -- Sarawak-based timber company, Samling Group, has achieved significant success with its tissue culture-derived Eucalyptus hybrid plantations, demonstrating potential to enhance both productivity and sustainability.

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.

Private Companies Need To Extend Support To Strengthen MSMEs - Ewon

KUALA LUMPUR, June 12 (Bernama) -- More private companies need to step up and extend support in the form of innovative and sustainable financing to micro, small, and medium enterprises (MSMEs), said Minister of Entrepreneur Development and Cooperatives Datuk Ewon Benedick.

Unipart Secures Three-year Scania Contract For Aftermarket Logistics In China

KUALA LUMPUR, June 12 (Bernama) -- Unipart, the supply chain performance improvement partner, has secured a three-year contract with Scania for its aftermarket logistics in China, managed from a newly launched site in Kunshan.