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Structural Reforms Critical For Long-term Economic Resilience - BNM Governor

By M.Saraswathi & Karina Imran

KUALA LUMPUR, July 30 (Bernama) -- Malaysia’s ongoing structural reforms to ensure long-term resilience are critical to defend the economy against global shocks, Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour said during an exclusive interview with Bernama.

Govt Cancels High-value Goods Tax Implementation - MOF

KUALA LUMPUR, July 30 (Bernama) – The government has decided not to proceed with the implementation of the high-value goods tax (HVGT), according to the Finance Ministry (MOF).

MRT Corp Targets Open Tender For Bridge Portion Of Penang LRT Line In October

GEORGE TOWN, July 29 (Bernama) -- Malaysia Rapid Transit Corporation Sdn Bhd (MRT Corp) is targeting to launch the open tender for the proposed bridge portion of Penang’s Light Rail Transit (LRT) Mutiara Line project this October.

220 Felda Entrepreneurs To Join Mega 3D Carnival

KUALA LUMPUR, July 26 (Bernama) -- A total of 220 entrepreneurs from the Federal Land Development Authority (Felda) will take part in the Mega 3 Dimensional Carnival (MK3D) from July 30 to August 3 at the Malaysia International Trade and Exhibition Centre (MITEC) here.

Latest Fiscal Support Measures Positive For Consumer Sector -- CIMB Securities

KUALA LUMPUR, July 23 (Bernama) -- The latest fiscal support measures announced by Prime Minister Datuk Seri Anwar Ibrahim are expected to bolster Malaysia’s consumer sector by reinforcing near-term spending, particularly on essential goods and value-based retail, said CIMB Securities Sdn Bhd. 

RON95 Targeted Subsidies, Postponed Toll Hike Ensure Mobility Remains Accessible For Rakyat -- Carsome

KUALA LUMPUR, July 23 (Bernama) -- The government’s decision to implement targeted subsidies for RON95 and to freeze toll rate hikes across key highways will ensure mobility remains accessible and affordable for the rakyat, said Carsome Group chief business officer Aaron Kee today.

RON95 Price Lowered To RM1.99 Per Litre After Targeted Subsidy, People Will Not Be Affected - PM Anwar

KUALA LUMPUR, July 23 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today announced that the price of RON95 petrol will drop following the planned targeting of fuel subsidies, thus giving assurances that the rakyat will not be affected.

Ringgit Firmer Against US Dollar In Early Trade

KUALA LUMPUR, July 23 (Bernama) -- The ringgit edged higher against the US dollar in early trade, driven by cautious market sentiment ahead of the Aug 1 tariff deadline.

Eton Solutions Raises US$58 Mln Series C To Fuel AI Innovation, Global Expansion

KUALA LUMPUR, July 17 (Bernama) -- Eton Solutions, a United States (US)-based wealth management platform serving single- and multi-family offices, has announced the completion of its US$58 million Series C funding round, led by returning investor Navis Capital Partners. (US$1=RM4.23)

Juwai IQI Projects Chinese Investment To Be Around RM30 Bln For 2025

KUALA LUMPUR, July 16 (Bernama) -- Juwai IQI expects Malaysia to see Chinese investment inflow of at least RM30 billion this year, with battery and solar component plants accounting for a larger share.

DayOne Drives Digital Supply Chain Investments In Johor, Positions Malaysia As Regional Hub

ISKANDAR PUTERI, July 15 (Bernama) -- Global data centre operator DayOne is deepening its long-term commitment to Malaysia by positioning the country as a key hub in the regional digital supply chain, with major infrastructure and ecosystem investments centred in Johor.

Bursa Malaysia Lower At Midday As Investors Assess US Tariff Impact

KUALA LUMPUR, July 15 (Bernama) -- Bursa Malaysia continued its negative tone at midday as investors assessed the impact of United States (US) tariffs on key trading partners amid mixed regional market performance.