Cost-benefit Analysis Needed To Find Out Tasik Kenyir's Suitability As Data Centre, AI Hub -- Tengku Zafrul

KUALA LUMPUR, Aug 19 (Bernama) -- The government will have to conduct a cost-benefit analysis (CBA) before considering Tasik Kenyir as a data centre and artificial intelligence (AI) hub, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Kemaman Port Needs Updating, Sandakan Joins ASEAN Liberalisation -- MOT

KUALA LUMPUR, Aug 18 (Bernama) – The Ministry of Transport (MOT) has requested that Kemaman Port Consortium update and submit its development proposal for Kemaman Port, in line with the port development plan and concession agreement.

Expanded SST Designed To Be Progressive, Fairer -- Amir Hamzah

KUALA LUMPUR, Aug 18 (Bernama) -- The government made the decision to maintain the Sales and Service Tax (SST) with an expanded scope after considering both SST and the Goods and Services Tax (GST), according to Finance Minister II Datuk Seri Amir Hamzah Azizan.

Govt Will Not Embark On Mega Projects, To Focus Spending On The People

KUALA LUMPUR, Aug 18 (Bernama) -- The government will not embark on mega projects that have limited impact on the majority of the people in the near future after taking into account global economic uncertainties, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

PETRA To Boost Clean Power Initiatives For Industrial Users

KUALA LUMPUR, Aug 18 (Bernama) -- The Ministry of Energy Transition and Water Transformation (PETRA) will strengthen initiatives to offer green electricity supply through third-party access to expand the use of clean energy, particularly among the industrial sector.

Gold Futures likely To Track Comex Ahead Of US CPI Data Next Week

KUALA LUMPUR, Aug 9 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are set to take their cue from the United States (US) COMEX gold market ahead of the upcoming release of the US Consumer Price Index (CPI) data for July, scheduled for next Tuesday. 

Ringgit Continues To Retreat Against Greenback On Profit-taking After Recent Gains

KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit continued its retreat against the US dollar on profit-taking after recent gains to close lower on Friday.

Malaysian Rubber Industry Must Set New ESG Benchmarks – Chan

KUALA LUMPUR, Aug 7 (Bernama) -- Malaysia’s rubber industry must not only meet global standards but set new benchmarks to remain competitive in high-value markets, said Plantation and Commodities Deputy Minister Datuk Chan Foong Hin.

Govt To Allocate RM1.4 Bln For Oil Palm Smallholders Replanting Programme Under 13MP -- Johari

JOHOR BAHRU, Aug 3 (Bernama) -- The government is expected to allocate RM1.4 billion in phases over five years to strengthen the oil palm replanting program for smallholders under the 13th Malaysia Plan (13MP), said Minister of Plantation Industries and Commodities Datuk Seri Johari Abdul Ghani.

Bursa Malaysia To Trade Higher Next Week On US Rate Cut, Upcoming 13MP Debate

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 2 (Bernama) -- Bursa Malaysia is likely to trade higher next week, supported by improved investor sentiment following the reduction in United States (US) tariffs and the upcoming debate on the 13th Malaysia Plan (13MP) during the Parliamentary sitting beginning Aug 4.

13MP the Catalyst For Malaysia To Achieve MADANI Economy Aspirations -- Amir Hamzah

KUALA LUMPUR, July 31 (Bernama) -- The 13th Malaysia Plan (13MP) tabled by Prime Minister Datuk Seri Anwar Ibrahim in the Dewan Rakyat today is the catalyst for the country to achieve the MADANI Economy aspirations. 

Proceeds Of Import, Export Activities Of Electricity, Re To Benefit The People - PETRA

KUALA LUMPUR, July 30 (Bernama) -- The government is prepared to manage electricity import and export activities as well as renewable energy (RE) trading where the proceeds will be deposited into the Kumpulan Wang Industri Elektrik (KWIE) fund which will benefit the people.