Economy

More Than 14.2 Mln Individuals Received BUDI95, With Over 13.4 Bln Litres Consumed - Amir Hamzah

KUALA LUMPUR, Aug 3 (Bernama) -- More than 14.2 million out of 16.7 million people who are eligible for the BUDI MADANI RON95 (BUDI95) subsidy have benefitted from the programme, involving the consumption of more than 13.4 billion litres of RON95 fuel, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Perodua Cuts Axia Prices, Passes Operational Savings To Customers

KUALA LUMPUR, Aug 3 (Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) has today reduced the price of its Axia model, Malaysia's most affordable compact car model, by up to RM4,700, effective immediately. 

Maker Recipe To Boost Local Position, Aims To Go Global With RM1.7 Mln Investment

Rhoma Ahmad Razali

JITRA, Aug 3 (Bernama) -- Local spice producer Maker Recipe Sdn Bhd plans to go global with its traditional spice brand, Cap O, within the next three years with an investment of RM1.7 million.

MISC Share Up 1.75 Pct After Securing Long-term LNG Carrier Charter Contract

KUALA LUMPUR, Aug 3 (Bernama) -- MISC Bhd’s share price rose 1.75 per cent on Monday after it secured a contract from Malaysia LNG Sdn Bhd (MLNG), the operator of Petronas liquefied natural gas (LNG) Complex in Bintulu, Sarawak.

Foreign Investors Return To Net Buying With RM11.1 Mln Net Inflows

KUALA LUMPUR, Aug 3 (Bernama) -- Foreign investors returned to net-buying after the previous week of net-selling, recording RM11.1 million in net inflows, MBSB Investment Bank Bhd (MBSB IB) said.

Tawau Port Acquires Two New Dock Cranes Worth RM70 Million - Hajiji

TAWAU, Aug 2 (Bernama) -- The acquisition of two new quay cranes worth RM70 million for Tawau Port is expected to boost port efficiency and strengthen its role as a key maritime gateway on Sabah’s east coast.

Malaysia's F1 Return To Boost Retail, F&B SMEs, Says Retailers Association

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 2 (Bernama) -- Consumer spending across the retail and food and beverage (F&B) sectors, particularly among small and medium enterprises (SMEs), is expected to gain momentum from higher visitor arrivals and stronger demand generated by Malaysia's hosting of the Formula 1 Gulf Air Bahrain Grand Prix.

Admi Shahrul Thrives On The Adrenaline Rush As Porsche’s Elite Sportscar Instructor

By Siti Radziah Hamzah

KUALA LUMPUR, Aug 2 (Bernama) -- Racing a sports car can deliver an adrenaline rush, but for Admi Shahrul Ahmad Saffian, helping others master these high-performance vehicles gives him a sense of excitement and a passion that has become even more rewarding.

Sabah Set To Get 40 Pct Stake In FLNG Project, Says Hajiji

KALABAKAN, Aug 1 (Bernama) -- The Sabah government is expected to secure a 40 per cent stake in a floating liquefied natural gas (FLNG) project in the state under an agreement to be signed with Petronas in the coming months.

Economy Ministry Mulls Pilot Project To Tackle Ageing Population

JOHOR BAHRU, Aug 1 (Bernama) -- The Economy Ministry is identifying a pilot project to address challenges arising from Malaysia's ageing population, with plans to roll it out next year.

MRB: No Rubber Production Incentive For July 2026

KUALA LUMPUR, Aug 1 (Bernama) -- The Malaysian Rubber Board (MRB) said the Rubber Production Incentive (IPG) for cuplump and latex was not activated nationwide for July 2026.

RM46 Mln Microfinancing In Kelantan Approved By Agrobank Since 2025

KOTA BHARU, Aug 1 (Bernama) -- Agrobank has approved 765 microfinancing applications worth RM46 million in Kelantan from 2025 to July this year, enhancing financial inclusion and assisting more micro-entrepreneurs to expand their businesses.