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KUSKOP, MoF, KESUMA To Address Minimum Wage Impact On MSMEs - Ewon

KUALA LUMPUR, Nov 11 (Bernama) -- The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) is set to address the impact of minimum wages on micro, small, and medium enterprises (MSMEs) with the Ministry of Finance (MoF) and the Ministry of Human Resources (KESUMA).

Azam Jaya To Enhance In-house Expertise For Pan Borneo Highway Projects

KUALA LUMPUR, Nov 11 (Bernama) -- Road infrastructure specialist Azam Jaya Bhd plans to reduce reliance on external contractors by handling more projects with its resources, particularly the Pan Borneo Highway project.

Malaysia's Journey To Net-Zero Emissions: TNB Leads The Charge

By Zairina Zainudin

KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia's ambitious goal of achieving net-zero emissions by 2050 reflects a commitment not only to global climate targets but also to sustainable development and economic resilience.

Lantronix Expands 5G Portfolio With US$6.5 Mln NetComm Acquisition

KUALA LUMPUR, NOV 8 (Bernama) -- Lantronix Inc has signed a definitive agreement to acquire from NetComm Wireless Pty Ltd (NetComm), a subsidiary of DZS Inc, all of the assets of its enterprise Internet of Things (IoT) business for US$6.5 million in cash together with assumptions of certain liabilities. (US$1=RM4.38)

Cagamas Raised RM2.2 Bln in October Despite Challenging Market Environment

KUALA LUMPUR, Nov 8 (Bernama) -- Cagamas Bhd, the national mortgage corporation of Malaysia, successfully raised RM2.2 billion in October despite challenging market conditions.

Investment Inflows, Strong Business Confidence To Support Malaysia's GDP Growth For 2024, 2025

KUALA LUMPUR, Nov 7 (Bernama) -- An increase in investment inflows, improved tax collection relative to Gross Domestic Product (GDP), and a narrower fiscal deficit are positive catalysts expected to drive Malaysia's economy to grow between 5.0 per cent and 5.5 per cent in 2024 and 2025.

Services Sector Revenue Hits RM618.5 Bln In 3Q, up 5.9 Pct YOY - DOSM

KUALA LUMPUR, Nov 7 (Bernama) -- Services sector revenue in Malaysia grew by 5.9 per cent year-on-year (y-o-y) in the third quarter of 2024 (3Q 2024), reaching RM618.5 billion, according to the Department of Statistics Malaysia (DOSM). 

Malaysia’s Second 5G Network Poised To Support IIoT, High-bandwidth Sectors - BMI

KUALA LUMPUR, Nov 7 (Bernama) -- BMI, a Fitch Solutions company, sees potential for Malaysia’s second 5G network to carve out a role as a niche connectivity provider, particularly supporting Industrial Internet of Things (IIoT) applications.

BNM's OPR Hold Signals Positive Outlook For Investment Growth - Economists

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate at 3.00 per cent at its final Monetary Policy Committee (MPC) meeting of the year reflects the central bank’s support for domestic economic growth.

U Mobile Chosen As Malaysia's Second 5G Provider Based On Multiple Factors – MCMC

PUTRAJAYA, Nov 6 (Bernama) -- U Mobile Sdn Bhd was chosen as Malaysia's second 5G network provider based on factors like business and technical plans, complaint records, customer satisfaction, and its track record in infrastructure projects, according to the Malaysian Communications and Multimedia Commission (MCMC).

BNM Maintains OPR Unchanged At 3.0 Pct

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent at its meeting today.