Economy

The government will grant additional tax deductions to businesses that implement flexible work schedules (FWAs), according to Steven Sim, the minister of human resources. According to him, the program encourages progressive work…

Prime Minister Datuk Seri Anwar Ibrahim said today that a planned signing between Malaysia and Singapore of a contract to establish a special economic zone in the southern Malaysian state of Johor will probably be delayed to January.…

Prime Minister Datuk Seri Anwar Ibrahim announced today that each state will immediately receive an additional RM25 million due to the severe flooding in Kelantan and Terengganu. The Implementation Coordination Unit (ICU) of the Prime…

Bank Islam Malaysia Bhd (Bank Islam) reported a net profit of RM396.8 million for the nine-month period ending September 30, 2024 (9M24), which represents a 0.5% increase from the same period in 2023. We primarily attributed the profit…

JOHOR BAHRU -  BMW Group Malaysia today commemorated the 20th year anniversary of the BMW Group Regional Parts Distribution Centre in Malaysia, marking this significant milestone with a landmark expansion of the cutting-edge facility,…

Economists anticipate that Chinese exports will surpass historical highs this year as consumers race to place orders in advance of President-elect Donald Trump's inauguration in January, who has threatened to impose higher tariffs. The…

According to reports, Menteri Besar Datuk Seri Muhammad Sanusi Md Nor stated that the Kedah state government will not suffer financial losses due to Bin Zayed International (BZI) Group's withdrawal from the RM40 billion Langkasuka…

KUALA LUMPUR - Global investment leader Bin Zayed International Group of Companies (BZI) today opened its latest office at the Tun Razak Exchange in Kuala Lumpur,heralding the firm's entry into Southeast Asia. This new…

PTPTN recorded that 415,109 borrowers have not made any payments as of August 31. According to Zambry's written answer to Parliament, 189,580 borrowers (45.7%) are getting help from STR, while 225,529 borrowers (54.3%) are not.…

The government is willing to consider requiring individuals who receive benefits from the Creative Content Fund (DKK) and Film Production in Malaysia (FIMI) to contribute to the Employees' Provident Fund (EPF) for their employees. The…