Sarawak’s Self-reliant Infrastructure Surge Sets It Apart From Federally Dependent Sabah

LABUAN, June 25 (Bernama) -- Despite sharing similar geographies and economic aspirations, Sarawak and Sabah have taken markedly different paths in infrastructure development. 

Ringgit Extends Gains As Fed Signals Rate Hold

KUALA LUMPUR, June 25 (Bernama) -- The ringgit extended its upward momentum to open higher against the US dollar and other major currencies on Wednesday, after the United States (US) Federal Reserve (Fed) signalled it was in no hurry to cut interest rates, opting instead to monitor the economy’s trajectory, an analyst said.

Malaysia's Leading Index Grows By 0.5 Pct In April 2025 - DOSM

KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s leading index (LI) maintained its positive annual growth at a rate of 0.5 per cent, registering 113.6 points in April 2025 versus 113.0 points in April 2024, according to the Department of Statistics Malaysia (DOSM).

Govt Approves Venture Capital Tax Incentives To Boost Investments In Startups

KUALA LUMPUR, June 24 (Bernama) -- The government has approved new venture capital (VC) tax incentives to include a five per cent concessionary tax rate for up to 10 years for eligible fund entities investing at least 20 per cent in local startups, said Finance Minister II Datuk Seri Amir Hamzah Azizan. 

TVET Graduates Urged To Become Entrepreneurs, Not Just Salary Earners

KUALA LUMPUR, June 23 (Bernama) -- Deputy Works Minister Datuk Seri Ahmad Maslan today called on Technical and Vocational Education and Training (TVET) graduates to leverage their skills to become entrepreneurs rather than depend solely on salaried jobs.

Bargain Hunting Lifts FBM KLCI To Close Higher

By Anas Abu Hassan and Danni Haizal

KUALA LUMPUR, June 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) recovered from early losses to end higher today, supported by bargain hunting activities and sustained local investor interest albeit cautious outlook on the global economic front, an analyst said.

Penang Appeals For Tax Sharing To Boost State Development

GEORGE TOWN, June 23 (Bernama) -- The Penang state government hopes the federal government will consider sharing tax revenue to support the state’s development and social welfare programmes, especially considering the implementation of the revised and expanded Sales and Services Tax (SST) on July 1.

Local Institutions Maintain Buying Momentum For Fifth Week With RM510.6 Mln Inflows

KUALA LUMPUR, June 23 (Bernama) -- Local institutions continued their buying streak for the fifth consecutive week, with net inflows amounting to RM510.6 million compared with RM620.6 million in the previous week, said MIDF Amanah Investment Bank Bhd.

CCCC Reaffirms Long-term Commitment To Malaysia’s Infrastructure Growth

BEIJING (China), June 23 (Bernama) – China Communications Construction Company Ltd (CCCC) has reaffirmed its commitment to Malaysia, expressing its readiness to deepen its involvement in the country’s infrastructure development, which the company regards as key to long-term regional connectivity.

Malaysia Rises In IMD Ranking, But Reforms Must Continue – FMM

KUALA LUMPUR, June 22 (Bernama) -- Malaysia’s notable rise in the IMD World Competitiveness Ranking 2025 -- climbing 11 spots to 23rd out of 69 economies -- should be used as a catalyst for deeper reform, according to the Federation of Malaysian Manufacturers (FMM)

PHB Offering 300 Mln AHB Units For Subscription

KUALA TERENGGANU, June 21 (Bernama) -- Pelaburan Hartanah Bhd (PHB) is offering 300 million Amanah Hartanah Bumiputera (AHB) units for public subscription, providing Bumiputera investors a low-risk investment opportunity backed by real estate assets.

Bursa Malaysia Closes Mixed, CI Ekes Out Small Gain On Bargain Hunting

By Rosemarie Khoo Mohd Sani and Danni Haizal Danial Donald

KUALA LUMPUR, June 20 (Bernama) -- Bursa Malaysia ended the week mixed with the benchmark index climbing 0.08 per cent, as bargain hunting emerged following the recent sell-off, said an analyst.