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Malaysia Must Not Rely Solely On Tariff Adjustments To Be Competitive But Diversify Export Base – Economist

KUALA LUMPUR, Feb 24 (Bernama) -- Malaysia, which is largely an export-oriented nation, must not rely solely on tariff adjustments to boost its competitiveness but also diversify its export base, said economist Nadia Jalil.

MOF Will Dissolve Dormant MKD Companies After Financial Obligations Resolved -- Liew Chin Tong

KUALA LUMPUR, Feb 24 (Bernama) -- The Ministry of Finance (MoF) will dissolve dormant Minister of Finance (Incorporated) (MKD) companies after the companies resolve issues related to financial obligations, said Deputy Finance Minister Liew Chin Tong.

Various Measures To Improve Revenue Are Being Implemented -- MOF

KUALA LUMPUR, Feb 23 (Bernama) -- The government has and is implementing various revenue strengthening measures including revising tax rates, broadening the revenue base, improving tax administration and reducing revenue leakage through digitalisation initiatives, according to the Ministry of Finance (MoF).

Audit Shows 145 Govt-owned Firms Paid Dividends Totalling RM77.74 Bln In 2023

KUALA LUMPUR, Feb 23 (Bernama) -- A total of 145 companies limited by shares (CLBS) had made a total dividend payment of RM77.735 billion to shareholders in 2023.

Project B Appoints William Kim To Lead Global Lifestyle Strategy

KUALA LUMPUR, Feb 23 (Bernama) -- Project B, a global sports platform, has appointed William Kim as Chief Lifestyle Officer to lead its premium lifestyle business across merchandise, brand collaborations and cultural partnerships.

Petronas Appoints T7 Global’s Subsidiary As Panel Contractor

KUALA LUMPUR, Feb 20 (Bernama) -- Petroliam Nasional Bhd (Petronas) has appointed T7 Global Bhd’s subsidiary, T7 Intelligent Resources Sdn Bhd, as a Petronas panel contractor for third-party professional and support services for the Petronas Group. 

Petronas Secures Oman’s Block 18 For Oil And Gas Exploration

KUALA LUMPUR, Feb 12 (Bernama)-- Petroliam Nasional Bhd (Petronas)’s wholly owned subsidiary, PC Oman Ventures Ltd (PCOVL), has signed a concession agreement with the Oman government and OQ Exploration and Production Batinah Offshore LLC (OQEP) as its partner for the exploration of oil and gas in Block 18.  

LGM Targets Rehabilitation Of 4,137 Hectares Of Abandoned Plantations This Year, 2,750 Hectares In 2027 -- KPK

KUALA LUMPUR, Feb 12 (Bernama) -- The Malaysian Rubber Board (LGM) is targeting the rehabilitation of 4,137 hectares of abandoned plantations this year and 2,750 hectares in 2027, involving smallholder farms and private estates nationwide, said the Ministry of Plantation and Commodities (KPK).

Petronas Does Not Plan To Reduce Oil And Gas Production In Sabah Despite Falling Oil Prices

KUALA LUMPUR, Feb 12 (Bernama) -- Petronas has no plans to reduce oil and gas production in Sabah, despite the global oil and gas industry facing the challenge of a sharp drop in prices, said Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said.

Singapore Unveils Budget 2026 To Drive Refreshed Economic Strategy

SINGAPORE, Feb 12 (Bernama) -- Singapore Prime Minister Lawrence Wong today presented Budget Statement 2026, focusing on advancing the nation’s refreshed economic strategy.

Nearly RM200 Mln Disbursed As Two Million Citizens Redeem SARA Aid -- Amir Hamzah

KUALA LUMPUR, Feb 12 (Bernama) — About two million Malaysians have redeemed the RM100 Sumbangan Asas Rahmah (SARA) For All cash assistance, involving nearly RM200 million in funds as of Tuesday, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Intuit Unveils Mailchimp Ecommerce Innovations

KUALA LUMPUR, Feb 12 (Bernama) -- Intuit Inc, the global financial technology platform behind TurboTax, Credit Karma, QuickBooks and Mailchimp, has announced a set of Mailchimp product innovations designed to drive profitable growth for ecommerce businesses through advanced, data-driven marketing capabilities.