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Economy

BizMatch Mega PKNS 2026 Strengthens Selangor Entrepreneurs' Ecosystem

SHAH ALAM, Aug 20 (Bernama) -- The Selangor State Development Corporation (PKNS) continues to strengthen the state's entrepreneurship ecosystem through BizMatch Mega PKNS 2026, which brought together about 1,200 entrepreneurs at the Selangor International Trade Centre (SITC) today.

Khazanah Reaffirms Progress And Governance At 3Q 2026 Board Meeting

KUALA LUMPUR, Aug 20 (Bernama) -- Khazanah Nasional Bhd held its third Board of Directors meeting for 2026, chaired by Prime Minister Datuk Seri Anwar Ibrahim, today.

Economist Backs Hybrid SST, Calls For Input Tax Credit Mechanism

By K. Naveen Prabu

KUALA LUMPUR, Aug 20 (Bernama) -- An economist has backed the proposal for a hybrid sales and service tax (SST) system, saying the mechanism should incorporate input tax credits to reduce tax cascading.

Takaful Malaysia 2Q Net Profit Rises To RM88.83 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) posted a higher net profit of RM88.83 million in the second quarter of 2026 (Q2 2026), up from RM83.82 million a year earlier, while revenue rose to RM1.16 billion from RM1.01 billion.

Japan Maritime Daily To Host Singapore Seminar On Emerging Transport Demands

KUALA LUMPUR, Aug 20 (Bernama) -- The Japan Maritime Daily (JMD), Japan’s leading maritime newspaper, will host an international seminar in Singapore on Oct 5, focusing on “Emerging Transport Demands”.

Toshiba Adds 80V Electronic Fuse For Industrial Power Protection

KUALA LUMPUR, Aug 20 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has added “TCKE1401NM”, an 80-volt (V)-rated electronic fuse (eFuse IC), to its lineup of eFuse ICs with multiple built-in power line protection functions.

Malaysia To Review New Investment Applicants To Ensure Domestic Economy Benefits -- Anwar

KUALA LUMPUR, Aug 20 (Bernama) -- Malaysia will review new investment applicants to ensure their activities generate employment and economic benefits for the country, said Prime Minister Datuk Seri Anwar Ibrahim.

Resulticks Strengthens Channel Partnerships With Pallasena V Viswanath Appointment

KUALA LUMPUR, Aug 20 (Bernama) -- Resulticks has appointed Pallasena V Viswanath as Global Advisor, Channel Partnerships, to strengthen its global partner ecosystem and drive growth through strategic alliances.

Malaysia Is First RCEP Country To Establish Business Advisory Council Network

KUALA LUMPUR, Aug 20 (Bernama) -- Malaysia has become the first Regional Comprehensive Economic Partnership (RCEP) participating country to establish a national RCEP Business Advisory Council (RBAC) Network.

Malaysia Affected By Strait Of Hormuz Issue, But Not As Severely As Countries Without Oil & Gas - Johari

IPOH, Aug 20 (Bernama) -- Malaysia has also been affected by the crisis and disruptions to the energy sector related to the dispute over the Strait of Hormuz, however, the impact will not be as severe as in countries that have no oil and gas resources.  

Govt Will Not Consider Core GST Principle, Open To Adjusting SST -- PM Anwar

KUALA LUMPUR, Aug 20 (Bernama) -- The government will not consider the basic principle of the Goods and Services Tax (GST) as a broad-based tax, while remaining open to making adjustments to improve the implementation of the Sales and Service Tax (SST), Prime Minister Datuk Seri Anwar Ibrahim said.

Malaysia Seeks REE Investors To Share Technology, Develop Full Supply Chain - Johari

IPOH, Aug 20 (Bernama) -- Malaysia wants investors exploring rare earth element (REE) opportunities in the country to bring and share their technology and participate directly across the entire supply chain, from upstream to downstream activities.