AWS Launches Semarak AI Malaysia To Accelerate Nationwide AI Adoption
KUALA LUMPUR, Nov 4 (Bernama) -- Amazon Web Services (AWS) has launched Semarak AI Malaysia, a national programme to accelerate the adoption of artificial intelligence (AI).
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Malaysia To Expand Local Currency Use Through BRICS Cooperation - MoF
KUALA LUMPUR, Nov 3 (Bernama) -- Malaysia aims to enhance the use of local currencies in cross-border trade and investment transactions through BRICS cooperation, thereby reducing transaction costs and foreign exchange risks.
Govt Refunds RM20.27 Bln In Excess Income Tax As At Oct 31 - Amir Hamzah
KUALA LUMPUR, Nov 3 (Bernama) -- A total of RM20.271 billion in income tax refunds involving 3.65 million taxpayer cases had been paid as at Oct 31, 2026.
RM14 Bln In Unclaimed Money Recorded As Of September - Amir Hamzah
KUALA LUMPUR, Nov 3 (Bernama) -- The Accountant General’s Department of Malaysia (JANM) has recorded over RM14 billion in Unclaimed Money (WTD) as of Sept 31, 2026, said Minister of Finance II Datuk Seri Amir Hamzah Azizan.
Govt Cuts Pipeline Project Losses To RM3 Bln, Reallocates RM5 Bln To Water Projects -- Anwar
KUALA LUMPUR, Nov 3 (Bernama) -- The government has reduced its losses from the termination of the Multi-Product Pipeline (MPP) and Trans-Sabah Gas Pipeline (TSGP) projects to RM3 billion by reallocating RM5 billion in loans to finance water supply projects in northern Perak and Penang.
14 Official And Trade Missions Abroad Generate RM59.5 Bln In Potential Investments
KUALA LUMPUR, Nov 2 (Bernama) – Fourteen official visits and trade and investment missions led by Prime Minister Datuk Seri Anwar Ibrahim and Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani were carried out through the country's trade and investment agencies from 2025 to September 2026.
New Manufacturing Investments Must Reduce Reliance On Foreign Workers -- MITI
KUALA LUMPUR (Bernama) -- The government will ensure new investments in the manufacturing sector do not rely on foreign workers or manual labour, in line with efforts to transform the industry toward high value-added activities, automation, and digitalisation, the Ministry of Investment, Trade and Industry (MITI) said.
Penang Tables RM1.074 Bln Budget For 2027 With Lowest Deficit Of RM5.62 Mln
GEORGE TOWN, Oct 30 (Bernama) -- The Penang state government today tabled its budget for 2027 amounting to RM1.074 billion, comprising RM1.042 billion for operating expenditure and RM280.17 million for development expenditure.
SSER, CEXIM Sign RM5 Bln Loan Repurposing Agreement For NPWSS Financing
KUALA LUMPUR, Oct 30 (Bernama) -- Suria Strategic Energy Resources Sdn Bhd (SSER), a Minister of Finance Incorporated company, and the Export-Import Bank of China (CEXIM) today signed a loan repurposing agreement valued at RM5 billion to finance the Northern Perak Water Supply Scheme (NPWSS).
Govt Plans To Reform Development Expenditure Allocation Based On States’ Needs
KUALA LUMPUR, Oct 30 (Bernama) -- The government plans to reform federal development expenditure by moving away from a historical spending-based approach towards a model that prioritises equity and efficiency to narrow regional productivity gaps.
Govt Increases All State Allocations, Sabah And Sarawak Highest - Amir Hamzah
KUALA LUMPUR, Oct 29 (Bernama) -- The federal government has always prioritised projects proposed by the state governments, including increasing allocations to all states, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
Govt Takes Targeted Approach To Assist Affected SMEs - Amir Hamzah
KUALA LUMPUR, Oct 29 (Bernama) -- The government is taking a targeted approach to assist small and medium enterprises (SMEs) affected by economic pressures, including through loan rescheduling and restructuring, as well as payment deferments.