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Malaysia Sets Minimum Target Of 3,000 Smart Factories By 2030 – MITI

KUALA LUMPUR, Feb 20 (Bernama) -- The Ministry of Investment, Trade, and Industry (MITI) aims to establish a minimum of 3,000 smart factories by 2030 as part of Malaysia’s industrial transformation under the New Industrial Master Plan 2030 (NIMP 2030).

FM Global Logistics Unit Partners With Three Companies To Deepen ESG Commitment

KUALA LUMPUR, Feb 20 (Bernama) -- FM Global Logistics Holdings Bhd via its wholly-owned unit FM Global Logistics Sdn Bhd has partnered with three companies, Scania Malaysia Sdn Bhd, Solarvest Energy Sdn Bhd, and JAC Motors Malaysia Sdn Bhd, to deepen its commitment to the environmental, social, and governance (ESG) agenda.

Subsidy Proposal For Basic MHIT Products Needs In-Depth Study - Lim Hui Ying

KUALA LUMPUR, Feb 20 (Bernama) -- The proposal for the implementation of subsidies for the development of basic medical and health insurance and takaful (MHIT) products requires in-depth studies, including the long term impact on overall healthcare costs, said Deputy Finance Minister Lim Hui Ying.

25 Pct US Tariff Poses Challenge For Malaysia — Mohamad Hasan

KUALA LUMPUR, Feb 20 (Bernama) -- United States (US) President Donald Trump's decision to impose a 25 per cent tariff on automotive, semiconductor and pharmaceutical imports will be a challenge for Malaysia.

E-Invoice Exemption Benefits Over 700,000 Small Traders - Amir Hamzah Azizan

KUALA LUMPUR, Feb 20 (Bernama) -- The government has granted an exemption of the e-invoice issuance to small traders with annual sales below RM150,000, benefitting over 700,000 small traders such as hawkers as they no longer need to issue e-invoices, said Finance Minister II Amir Hamzah Azizan.

EPF Earns RM102 Mln From MAHB Share Sales In 2023 -- Amir Hamzah

KUALA LUMPUR, Feb 20 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) shares were sold at between RM6.80 to RM7.70 per unit, generating RM102 million for the Employees Provident Fund (EPF) 2023 dividend distribution, said Finance Minister II Amir Hamzah Azizan.

JS-SEZ Action Plan Expected To Be Ready By Third Quarter 2025 - Economy Ministry

KUALA LUMPUR, Feb 19 (Bernama) -- The government is preparing the Johor-Singapore Special Economic Zone (JS-SEZ) Action Plan and it is expected to be completed in the third quarter of 2025.

UOB, Invest Johor Launch Green Lane To Fast-track Investments Into JS-SEZ

ISKANDAR PUTERI, 19 Feb (Bernama) -- Singapore-based United Overseas Bank Ltd (UOB) has launched a “green lane” with Invest Johor to fast-track investments into the Johor-Singapore Special Economic Zone (JS-SEZ).

Tianjin Binhai High-tech Area To Develop Enhanced Innovation Hub In Northern China 

KUALA LUMPUR, Feb 19 (Bernama) -- Tianjin Binhai High-tech Industrial Development Area, established in 1988 and recognised as one of the first national-level high-tech industrial development zones in 1991, has evolved into a key hub for innovation, spearheading technological innovation in northern China.

GDP Growth Provides Many Direct Benefits For The People -- Amir Hamzah

KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia’s gross domestic product (GDP) growth, which reached 5.1 per cent in 2024, has provided direct benefits for the people, including higher wages, quality job opportunities, better social assistance and protection, as well as growth in business and trade, the Dewan Rakyat was told today.

Malaysia's Architectural Services Should Emerge As Strong Contributor To total Services Trade -- Liew

KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia’s architecture and professional design services should emerge as a strong contributor to the country’s total services trade due to their seamless blend of modern functionality and deep cultural heritage.

Petronas Concludes MBR 2024 With Signing Of Two PSCS

KUALA LUMPUR, Feb 18 (Bernama) -- Petronas, through Malaysia Petroleum Management (MPM), has successfully concluded the Malaysia Bid Round 2024 (MBR 2024) with the signing of two production sharing contracts (PSCs) for Blocks SB306A and SB306B, located off the coast of Sabah.