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Govt To Continue Efforts To Boost Wealth Of Bumiputera Households Via Various Mechanisms

PUTRAJAYA, Aug 7 (Bernama) -- The government will continue to strengthen the wealth of bumiputera households, particularly among the B40 and M40 income groups, through efforts to increase savings and investment opportunities, as well as skill development to raise incomes.

Malaysia Needs To Focus On Boosting Financial Ecosystems To Help Local Firms Grow -- Amir Hamzah

PUTRAJAYA, Aug 7 (Bernama) -- Malaysia does not need to create new investment funds but rather focus on strengthening ties between existing financing ecosystems to help local companies grow, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Bergedil Tofu Maker Eyes Seven-Figure Sales In 2026

By Nur Fadhliana Shaari

JOHOR BAHRU, Aug 7 (Bernama) -- Starting with just one sack of potatoes a day - enough to produce 150 packs (900 pieces) of “bergedil” or stuffed tofu puffs, local food enterprise TahuXTahu, which began operations in 2017, has achieved remarkable growth.

Malaysia's Strong Business Environment And Sound Fiscal Framework Draw Foreign Investors - BMI

KUALA LUMPUR, Aug 6 (Bernama) -- Malaysia offers one of the region's strongest business environments, underpinned by a sound fiscal framework, making it an attractive investment destination for foreign investors, according to BMI, a Fitch Solutions company.

Govt To Review Import Needs, Formulate Policies To Strengthen Domestic Industries

KUALA LUMPUR, Aug 5 (Bernama) -- The government will assess the country's import needs, including capital goods, and formulate policies to reduce dependence on external ecosystems as Malaysia seeks to strengthen domestic industries and create greater value from trade and investment.

Compliance A Strategic Advantage For Labuan IBFC, Not Business Constraint — Labuan FSA

LABUAN, Aug 4 (Bernama) -- Financial institutions in the Labuan International Business and Financial Centre (Labuan IBFC) must regard compliance as a strategic capability that strengthens competitiveness rather than merely a regulatory obligation.

Malaysia Needs To Look Beyond Data Centres To Attract Global Capital

KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia needs to move beyond data centres and nurture larger listed technology companies to attract global portfolio investment, said Principal Asset Management Bhd chief executive officer Munirah Khairuddin.

Detailed Study Needed To Assess Anti-competitive Practices On E-commerce Platforms -- Senator

KUALA LUMPUR, Aug 3 (Bernama) -- Low prices for goods offered on e-commerce platforms cannot be directly considered as predatory pricing or anti-competitive practices, said Deputy Minister in the Prime Minister’s Department (Religious Affairs) Senator Marhamah Rosli.

Fuel Supply Across Petronas Stations to Be Stable, Sufficient Until September -- Azalina

KUALA LUMPUR, July 31 (Bernama) -- The supply of fuel (including petrol and diesel) at Petronas gas stations nationwide is expected to be stable and sufficient until September, said Minister in the Prime Minister's Department (Legal and Institutional Reform) Datuk Seri Azalina Othman Said. 

CAAM Gears Up For F1's Return

By Kisho Kumari Sucedaram

KUALA LUMPUR, July 29 (Bernama) -- The Civil Aviation Authority of Malaysia (CAAM) has called on all relevant stakeholders, including airport operators, airlines, ground handlers and relevant government agencies, to work closely to ensure the smooth handling of the Formula 1 (F1) Gulf Air Bahrain Grand Prix in Malaysia.

Pay Growth Lags Productivity, Wage-Setting System Needs Review — BNM Deputy Governor

KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia (BNM) sees the country’s wage growth has lagged productivity growth and believes there is a need to review its wage-setting system, particularly how adjustments to the minimum wage translate into wages at higher levels.

Malaysia To Prioritise Higher Wages Before Broadening Tax Base, Says Economy Minister

PUTRAJAYA, July 28 (Bernama) -- Malaysia’s immediate priority right now is to raise people’s incomes and address the country’s structural wage issue before broadening the tax base, Economy Minister Akmal Nasrullah Mohd Nasir said.