Economy

Customers who shop at SOGO Mayang Mall Kuala Terengganu will receive several enticing gifts in conjunction with the opening of the largest shopping mall on the east coast. Raymond Teo, SOGO Malaysia Group Chief Operating Officer, said…

According to the Finance Ministry, as of October 30, 2024, 2.65 million, or 36.2%, of the 7.33 million active formal members of the Employees Provident Fund (EPF) who are between the ages of 18 and 55 had attained the basic savings…

Datuk Seri Fadillah Yusof asserts that industry leaders, legislators, innovators, and consumers must collaborate to position Malaysia as a regional center for electric vehicle (EV) production and research. The Deputy Prime Minister…

Following the first wave of floods that struck late last month, Kelantan's agriculture industry experienced estimated losses of RM10 million, including damage to infrastructure. The impacted districts, according to chairman Khalid Samad…

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…