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World Halal Excellence Awards 2024 Boosts Malaysia Competitiveness In US$5 Trillion Halal Market

KOTA TINGGI, Dec 8 (Bernama) -- Malaysia’s leadership in the global halal ecosystem continues to be strengthened through the World Halal Excellence Awards 2024 (WHEA 2024), further boosting the country’s competitiveness in the rapidly expanding global halal market projected to reach US$5 trillion (US$1 = RM4.10) by 2030.

Raising E-Invoicing Exemption Threshold Gives Businesses Clarity -- FMM

KUALA LUMPUR, Dec 8 (Bernama) -- The e-invoicing exemption threshold, which has been raised from RM500,000 to RM1 million, will provide businesses greater clarity to plan while easing immediate compliance-related burdens, said the Federation of Malaysian Manufacturing (FMM, formerly known as Federation of Malaysian Manufacturers).

Compliance Cost Savings’ Goal Of 1 Pct GDP in Line With International Standards -- MPC

PUTRAJAYA, Dec 7 (Bernama) -- Malaysia’s aim to reduce compliance costs to up to 1 per cent of gross domestic product (GDP)  as part of the civil service reform agenda is in line with international standards, including those of the Organisation for Economic Co-operation and Development (OECD).

LPPSA Boosts Funding Strategy Via Rated Sukuk Programme, Supporting Govt's fiscal Aspiration

PUTRAJAYA, Dec 7 (Bernama) -- The Public Sector Home Financing Board (LPPSA) is set to make history by launching its first-rated sukuk programme next year, a strategic move aimed at expanding its funding ecosystem while supporting the government’s efforts in prudently managing the country’s liabilities. 

Ports Set For Strong Performance This Year, But Shipping, Haulage Brace For Ongoing Challenges In 2026

KUALA LUMPUR, Dec 7 (Bernama) – Malaysia’s maritime sector is sailing towards the end of 2025 in a mixed state, with sub-sectors such as ports emerging as the strongest performers due to expansion in transshipment networks through collaborations with international partners; however, shipping and haulage remain swamped by multi-pronged challenges.

Financial Institutions' Support Crucial For Steel Industry's Green Transition — Liew

KUALA LUMPUR, Dec 6 (Bernama) -- The participation and support of financial institutions are crucial for the successful implementation of the Steel Industry Roadmap 2035 (SIR2035), particularly in facilitating the steel industry’s green transition, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

Moonup Technology, Shelly To Unveil Smart Building Ecosystem At Taiwan Event

KUALA LUMPUR, Dec 5 (Bernama) -- Moonup Technology Co Ltd has partnered with European smart home leader Shelly Group (Shelly) to showcase its complete smart building and home ecosystem at the 2025 Taipei Building Show, scheduled from Dec 11 to 14 at Nangang Exhibition Center.

FELDA Proposes Establishing National Taskforce To Develop Oil Palm Carbon Credit Framework

GENTING HIGHLANDS, Dec 5 (Bernama) -- The Federal Land Development Authority (FELDA) has proposed the establishment a national task force led by the Ministry of Natural Resources and Environmental Sustainability to ensure that Malaysia develops a robust, transparent, and internationally recognised framework for oil palm-based carbon credits.

Singapore Firms Shine At All About AI Tech4Good Awards In India

KUALA LUMPUR, Dec 4 (Bernama) -- Singapore Technologies Engineering (ST Engineering) and Singapore Smart Tech made a strong impact at the second edition of the All About AI Tech4Good Awards held in India, curated by Mint and Salesforce.

UnionPay Inks 11 Cross-Border Payment Deals To Expand Global Connectivity

KUALA LUMPUR, Dec 4 (Bernama) -- UnionPay recently signed 11 cross-border payment cooperation agreements with major institutions during the UnionPay Global Partners Conference 2025 - Innovations in Open Payments: Sharing Success in Payment Connectivity in Shanghai, China.

EcoWorld’s EBP7 Forum Sparks New Industrial Momentum In MVV 2.0

SEREMBAN, Dec 4 (Bernama) -- Eco Business Park VII (EBP7), EcoWorld’s next-generation integrated industrial hub in Malaysia Vision Valley 2.0 (MVV 2.0), hosted the 'EcoWorld Connects: Business Ascend Forum', bringing together industry experts and business partners to discuss ASEAN opportunities, industrial transformation and the rise of the artificial intelligence (AI)-driven economy.

BNM Draws Up Plan To Reduce Shareholding In Paynet -- MOF

KUALA LUMPUR, Dec 3 (Bernama) -- Bank Negara Malaysia (BNM) has drawn up a long-term plan to gradually reduce its shareholding in Payments Network Malaysia Sdn Bhd (PayNet).