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Economy

Malaysian MSMEs Ready To Tap ASEAN's 680-mln-consumer Market Under DEFA: Sim

KUALA LUMPUR, July 30 (Bernama) -- Malaysia's micro, small and medium enterprises (MSMEs) are well positioned to tap ASEAN's 680-million-consumer market under the proposed Digital Economy Framework Agreement (DEFA), supported by their high level of digital adoption, Deputy Investment, Trade and Industry Minister Sim Tze Tzin said.

Toshiba Begins Mass Production Of Microcontrollers For Smart Appliances

KUALA LUMPUR, July 30 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has begun mass production of its TXZ+ Family Entry-Class M4L Group microcontrollers, designed for next-generation home appliances, consumer products and industrial equipment.

Malaysia's 2025 Total Trade Exceeded RM3 Trillion, Its Highest -- DOSM

KUALA LUMPUR, July 30 (Bernama) -- Malaysia recorded strong trade performance in 2025, with total trade up by 6.3 per cent, or RM182.4 billion, to RM3.1 trillion year-on-year (y-o-y) in line with the rise in both exports (6.6 per cent) and imports (6 per cent).

European Business Leaders, Johari Ghani To Meet In Malaysia-EU FTA Talks

KUALA LUMPUR, July 30 (Bernama) -- Business leaders from nearly 30 European companies will visit Kuala Lumpur next week to meet Investment, Trade and Industry Minister Johari Abdul Ghani and senior government officials, as negotiations on the Malaysia-European Union (EU) Free Trade Agreement (FTA) advance towards a targeted conclusion in 2027.

Muiz Hot Chicken: From RM20 Profit To RM45 Mln Success Story

By Nur Fatin Mohmad Kadenen

MUAR, July 30 (Bernama) -- From a street stall with an initial profit of RM20, Muiz Hot Chicken has trailblazed, building a viable business that now has over 180 stalls and five restaurant outlets, with total sales reaching RM45 million to date.

MSMEs' GDP Grew 5.7 Pct In 2025, Outpaced Overall Economy -- DOSM

KUALA LUMPUR, July 30 (Bernama) -- Malaysia's micro, small and medium enterprises (MSMEs) gross domestic product (GDP) grew 5.7 per cent in 2025, outpacing the country's overall GDP growth of 5.2 per cent, according to the Department of Statistics Malaysia (DOSM).

Horizon Quantum To Enhance Quantum Systems Efficiency With QM

KUALA LUMPUR, July 30 (Bernama) -- Horizon Quantum Computing Pte Ltd (Horizon Quantum), a pioneer in software infrastructure for quantum applications, has entered into a strategic collaboration with Q.M Technologies Ltd (QM) to develop more robust and efficient quantum systems.

RCI: RM88 Bln Govt Guarantee Activated Only When TH Recovery Plan Falls Short

KUALA LUMPUR, July 30 (Bernama) -- The government’s guarantee to depositors of Lembaga Tabung Haji (TH), currently worth RM88 billion, will be activated should TH fail to implement the LTH Recovery and Restructuring Plan 2018, according to the Tabung Haji Royal Commission of Inquiry (RCI). 

RCI: Tabung Haji Should Not Have Declared RM2.75 Bln 2017 Hibah

KUALA LUMPUR, July 30 (Bernama) -- The Royal Commission of Inquiry (RCI) on Lembaga Tabung Haji (TH) said the Islamic pilgrimage fund should not have declared a 4.50 per cent annual profit distribution (hibah) and a 1.75 per cent hajj hibah, totalling RM2.75 billion, for the 2017 financial year.

RCI On Tabung Haji Recommends RM2.15 Mln Bonus Clawback

KUALA LUMPUR, July 29 (Bernama) -- The Royal Commission of Inquiry (RCI) on Tabung Haji has recommended recovering RM2.19 million in bonuses paid to board members and management of TH Properties, as the bonuses were awarded without complying with prescribed regulations.

RCI Recommends Forensic Audit Into 14 Tabung Haji Investments

KUALA LUMPUR, July 29 (Bernama) -- The Royal Commission of Inquiry (RCI) into the management and operations of Lembaga Tabung Haji (TH) has recommended a forensic audit into 14 past investment decisions that resulted in significant asset impairments at the Islamic pilgrimage fund.

National Trust Fund's Net Assets Expected To Double Within 10 Years - Liew

KUALA LUMPUR, July 29 (Bernama) -- Consistent inflows into the National Trust Fund (KWAN), including accumulated investment returns, are expected to double the fund's net assets in about 10 years, according to Deputy Finance Minister Liew Chin Tong.