Malaysia News: Latest Market and Industry Updates
Sepanggar Bay Container Port approved for 24-hour operations to ease logistics congestion in Sabah
Sabah has approved 24-hour operations for Sepanggar Bay Container Port to address logistics congestion as the state's trade flows and industrial activity continue to rise. Full implementation ...
Malaysia to table e-commerce bill at the first sitting of Parliament in 2027
Malaysia is set to tighten its framework for online transactions, with the E-Commerce Bill scheduled to be tabled at the first parliamentary sitting next year. The move follows the government's ...
Malaysia sees diversified economy, fiscal buffers supporting 2027 growth
Malaysia enters 2027 with a more diversified economic base, resilient export markets and a stronger fiscal position to absorb external shocks. Finance Minister II Datuk Seri Amir Hamzah Azizan ...
Malaysia launches MediAsas to protect the M40 from medical inflation starting in 2027
Ahead of its launch in January 2027, the MediAsas scheme has been designed as a financial safety net and healthcare solution for Malaysia's middle-income group, or M40. The move comes as more ...
Gombak expected to benefit from transport and property growth drivers
Gombak district is entering a new phase of growth as large-scale transport projects are expected to improve connectivity with areas around Kuala Lumpur. The changes are also strengthening ...
TNB restores electricity supply to Johor Bahru within 77 minutes after substation fire
Power supply disruptions in several areas around Johor Bahru were fully restored within 77 minutes following a fire at the Kangkar Tebrau Main Intake Substation on Friday. The incident also ...
National Physical Planning Council approves Carey Island development in principle, targeting a RM4.7 billion contribution to GDP
The in-principle approval for the development of the National Maritime Port City and Carey Island Port Special Economic Zone positions Carey Island as a new component in the expansion of ...
Malaysia launches six locally developed chips with RM300 million sales potential
Malaysia is stepping up efforts to move up its semiconductor value chain, with six locally developed chip innovations under the Semiconductor IC Design Park estimated to have combined sales ...
Bank Negara maintains additional capital buffers for Maybank, CIMB and Public Bank
Bank Negara Malaysia's annual assessment maintains the status of the country's three largest banks as domestic systemically important institutions, with no changes to the additional capital buffer ...
Cape EMS seals Johor expansion partnership, proposes RM50 million RCPS issuance
Electronic manufacturing services provider Cape EMS Bhd is partnering with Taiwan-listed FIC Global Inc to support the group's expansion of optical transceiver manufacturing in Johor. The ...
Public Bank expects PFHL impairment to reduce net assets and group EPS
Public Bank Bhd faces a four-sen reduction in consolidated net assets and earnings per share following an expected non-cash goodwill impairment of HK$1.964 billion at its Hong Kong-listed unit, ...
Tabung Haji reaffirms system security, strengthens depositor account protection
Lembaga Tabung Haji has assured that its operating system remains secure, with the protection of depositors' accounts, savings and personal data being the institution's priority. TH also urged ...
Turiya Bhd gains a new second-largest shareholder through private placement
Turiya Bhd's shareholding structure has changed as the company implements financing measures and management adjustments. Datuk Vijayasundaram Jeyabalan now holds a 9.091% stake after subscribing ...
Genting steps up share purchases as the price nears a two-decade low
Genting Bhd shares remained under pressure following last week's proposed rights issue, as investors assessed the impact of the RM1.25 billion fundraising on the group's financial position. ...
RHB Bank seeks extension for insurance merger talks in Malaysia
RHB Bank Bhd is working to finalise plans to merge its insurance business in Malaysia with Tokio Marine Asia Pte Ltd after negotiations resumed this year. The move could reshape the group’s ...
ASEAN faces trade and demand risks as China's excess capacity puts pressure on the region
Southeast Asia is increasingly facing greater economic costs as China's export boom places simultaneous pressure on local producers and regional demand. For ASEAN economies that have long viewed ...
PETRONAS, Petrovietnam expand strategic regional energy alliance
Energy cooperation between Malaysia and Vietnam enters a new phase as PETRONAS and Petrovietnam sign a strategic alliance agreement to strengthen their 35-year relationship. The agreement expands ...
Cosmos Technology secures RM3.93 million contract to supply monitoring equipment for Kedah water utility
Cosmos Technology International Bhd has secured a new contract to supply water pressure monitoring equipment to Kedah's water supply operator. The RM3.93 million contract strengthens the group's ...
Malaysia plans to amend wage law to set a RM2,500 starting salary floor for graduates
The Ministry of Human Resources plans to amend the National Wages Consultative Council Act 2011 to allow minimum wages to be set according to education level. The move paves the way for a ...
UBB Amanah delays October trust payments amid temporary liquidity constraints
Malaysia's cash trust company is facing renewed scrutiny after UBB Amanah Bhd deferred some October trust income and maturity payments. The delay involves distributions of up to one month for ...
FashionValet takes centre stage in trial over nearly RM40 million in investment funds from Khazanah and PNB
The criminal trial involving FashionValet's founders in Kuala Lumpur is now examining the inflow and outflow of investment funds received by the company in 2018. Court testimony on Friday detailed ...
