UMS To Save More Than RM57 Mln In Electricity Costs Through Solar Project

KOTA KINABALU, Sept 30 (Bernama) -- Universiti Malaysia Sabah (UMS) is expected to save more than RM57 million in electricity costs through its solar energy project.

Proton: Long-Term Auto Policy, Comprehensive Vehicle Renewal Framework Needed In Budget 2027

KUALA LUMPUR, Sept 30 (Bernama) -- Proton Holdings Bhd is calling for a long-term and technology-inclusive automotive policy in Budget 2027 to support the industry’s transition towards electrified vehicles (xEVs).

Malaysia Can Consider Lifelong Retirement Income Mechanism -- Singapore CPFB

KUALA LUMPUR, Sept 29 (Bernama) -- Malaysia can consider establishing a national-level decumulation mechanism that converts accumulated retirement savings into lifelong income as the country prepares for an ageing population, said Singapore Central Provident Fund Board (CPFB) deputy chief executive officer (services) Wong Yan Jun.

EPF Contributors Need Minimum RM100,000 Savings At Age 55 For Retirement - Researcher

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 29 (Bernama) -- A university researcher suggested that Employees Provident Fund (EPF) contributors must have at least RM100,000 in savings by the age of 55 to enable them to afford living expenses of RM780 per month after retirement.

BDO Malaysia Calls For Simpler Tax Rules In Budget 2027

By Niam Seet Wei

KUALA LUMPUR, Sept 29 (Bernama) -- Audit firm BDO Malaysia has called on the government to simplify tax rules and reduce compliance costs in Budget 2027 to lower the cost of doing business. 

PM Anwar Urges Malaysian Companies To Expand In Saudi Arabia

KUALA LUMPUR, Sept 28 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has urged more Malaysian companies to expand their presence in Saudi Arabia and pursue collaborations that benefit both countries.

MIDA-OCBC Malaysia Partnership To Attract High-value Investments, Strengthen Local Businesses

KUALA LUMPUR, Sept 28 (Bernama) -- The Malaysian Investment Development Authority (MIDA), OCBC Bank (Malaysia) Bhd and its Islamic banking subsidiary OCBC Al-Amin Bank Bhd have signed a memorandum of understanding (MOU) to attract sustainable, high-value investments from ASEAN, China, South Korea and Taiwan, while supporting the development of local business ecosystems.

UKM Students Initiate Community-Based Social Enterprise Project To Raise Income Of Orang Asli Community

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Sept 28 (Bernama) – It was a highly fulfilling experience for a group of business students from Universiti Kebangsaan Malaysia who applied what they learnt in economic management in their lectures to help an orang asli community at Bukit Lagong in Selayang supplement and raise their income from eggplant farming.

BPMB Calls For Targeted Financing, MSME Support In Budget 2027

By Karina Imran

KUALA LUMPUR, Sept 28 (Bernama) -- Bank Pembangunan Malaysia Bhd Group (BPMB Group) has called for Budget 2027 to prioritise targeted measures that improve access to working capital and provide repayment flexibility for viable businesses affected by geopolitical developments and rising costs. 

TNB Navigates Rising Generation Costs Under Regulated Power Framework

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 27 (Bernama) -- Tenaga Nasional Bhd's (TNB) role at the centre of Peninsular Malaysia's electricity system extends beyond that of a conventional profit-driven business, with tariffs, expenditure and returns governed by a regulated framework while the utility firm maintains critical power infrastructure.

Malaysian-made Notti Pet Food Aims To Expand 'Paw'-print Across Southeast Asia

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 27 (Bernama) -- Food science nutritionist Yap Ke Yee established Notti Sdn Bhd in July 2023 to address a personal lack of nutritious pet food options in the market.

Malaysia Among 'Fabulous Five' ASEAN Economies Set To Attract More FDI -- Economist

KUALA LUMPUR, Sept 25 (Bernama) -- Malaysia is among five ASEAN economies poised to attract more foreign direct investment (FDI), supported by their strengths in manufacturing and digital infrastructure.