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SIDEC Targeting 30 Companies To Participate In Retail-X 2025

KUALA LUMPUR, June 12 (Bernama) -- The Selangor Information Technology and Digital Economy Corporation (SIDEC) is targeting to attract 30 companies from five key sectors to participate in its Retail-X programme.

Ringgit Extends Gains Against US Dollar On Tariff Uncertainty

By Siti Noor Afera Abu

KUALA LUMPUR, June 12 (Bernama) -- The ringgit continued to strengthen against the US dollar on Thursday, buoyed by a softer US Dollar Index (DXY), which declined by 0.25 per cent to 98.386 points.

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.

Malaysia’s IPI Growth In April Reflects Strong Demand, industrial Vitality

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, June 12 (Bernama) -- Malaysia's Industrial Production Index (IPI) growth in April 2025, driven primarily by a robust manufacturing sector, reflects strong aggregate demand and industrial vitality, an economist said. 

AEM Meeting In July To Fast-track ASEAN DEFA

KUALA LUMPUR, June 12 (Bernama) – Malaysia will convene a special ASEAN Economic Ministerial (AEM) meeting in Bangkok at the end of July to accelerate progress on the Digital Economy Framework Agreement (DEFA).

ASEAN Can Be Fourth-largest Global Economy By 2030 With Sustained Growth

KUALA LUMPUR, June 12 (Bernama) -- ASEAN can become the world’s fourth-largest economy by 2030 if the region maintains a steady gross domestic product (GDP) growth rate of 4.0-5.0 per cent, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

Germany's Mosca Opens Advanced Manufacturing Facility In Johor

KUALA LUMPUR, June 11 (Bernama) -- German company Mosca GmbH has inaugurated its new state-of-the-art manufacturing facility in Ulu Tiram, Johor, representing the company's third expansion in Malaysia since 2009.

UOB Plays Role In RM15 Bln Data Centre Financing In Johor-Singapore Zone

KUALA LUMPUR, June 11 (Bernama) -- United Overseas Bank (Malaysia) Bhd announced its role as joint coordinator, mandated lead arranger, underwriter and book runner in one of Southeast Asia’s largest data centre financing transactions.

Johor Records Highest Investments In Malaysia Of RM30.1 Bln In 1Q 2025

JOHOR BAHRU, June 11 (Bernama) -- Johor recorded the highest investment performance in Malaysia for the first quarter (1Q) of 2025, with approved investments amounting to RM30.1 billion, positioning the state as the national leader in investments.

Ringgit Weakens As US-China Trade Talks Continue In London

By Siti Noor Afera Abu

KUALA LUMPUR, June 10 (Bernama) -- The ringgit depreciated against the US dollar today as market attention remained fixed on the second day of United States-China trade discussions in London.

Taiwan, Malaysia Align On High-Tech And Sustainable Development -- TAITRA

KUALA LUMPUR, June 10 (Bernama) -- Taiwan and Malaysia’s industries are highly complementary, with Taiwan's strengths, namely in semiconductors and information and communication technology (ICT), aligning well with Malaysia's focus on high-tech development, sustainability, and digitalisation.

Sales Tax Rate Revision, Service Tax Scope Expansion To Be Effective July 1, 2025 – MOF

PUTRAJAYA, June 9 (Bernama) -- The government will implement a revision of the Sales Tax rates and an expansion of the Service Tax’s scope effective from July 1, 2025, in order to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.