Economy

Melaka Inland Port To Drive Economic Growth, Strengthens Logistics Sector

ALOR GAJAH, July 6 (Bernama) -- The RM300 million Melaka Inland Port (MIP) project is expected to be a catalyst for the state’s economic growth by bolstering the logistics and trade sectors and supporting the state government’s aspiration to reach RM10 billion in investments by 2030.

AscentHR Expands Regional Payroll Capabilities With OS HRS Acquisition

KUALA LUMPUR, July 6 (Bernama) -- AscentHR, a human resources (HR) technology, payroll, compliance, and workforce solutions provider, has acquired OS HRS to expand its regional payroll capabilities across countries, enhancing support for multinational enterprises across the Asia-Pacific (APAC) and the Middle East.

Tax Exemption To TARC Education Foundation Subject To Compliance With Conditions -- MOF

PUTRAJAYA, July 6 (Bernama) -- The tax exemption granted to the TARC Education Foundation is subject to compliance with the conditions stipulated under tax laws, the Finance Ministry (MOF) said.

JCAI Advises On Messer’s Acquisition Of WKS Group

KUALA LUMPUR, July 6 (Bernama) -- Japan Corporate Advisory Institute Ltd (JCAI), a Tokyo-headquartered cross-border mergers and acquisitions (M&A) advisory firm, has advised on the acquisition of WKS Group by Messer.

AscentHR Acquires OS HRS To Expand APAC Payroll Footprint

KUALA LUMPUR, July 6 (Bernama) -- AscentHR, a provider of human resources (HR) technology, payroll, compliance, and workforce solutions, has acquired OS HRS, a trusted Asia Pacific (APAC)-focused payroll outsourcing provider, to strengthen its payroll leadership in the region.

Financial Digitalisation Bolstering Malaysia's Food Security Agenda

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 6 (Bernama) -- Digital financial management could become an important enabler of Malaysia’s food security agenda by strengthening the financial resilience of paddy farmers, supporting productivity improvements and ensuring more sustainable domestic rice production.

Local Institutions Extend Net Buying Streak To 12 Consecutive Weeks - MBSB Research

KUALA LUMPUR, July 6 (Bernama) -- Local institutions extended their net buying streak on Bursa Malaysia to 12 consecutive weeks, recording net inflows of RM474.6 million last week.

Seremban Records RM45 Mln In Agricultural Produce In 2025

SEREMBAN, July 5 (Bernama) –Seremban’s agricultural sector continued to perform well, recording a production value of RM45 million with total output reaching 14,671.27 tonnes last year.

Johor Smallholder Generates RM126,000 income From RM15,000 Govt Aid - MPOB

KUALA LUMPUR, July 5 (Bernama) -- A RM15,000 government assistance has helped an oil palm smallholder in Batu Pahat, Johor generate nearly RM126,000 in gross income in less than three years through an integrated duck farming project under the Livestock and Oil Palm Integration Incentive Scheme.

Agrobank's Trader Engagement Sessions Attract Over RM8 Mln In Financing Applications

KOTA KINABALU, July 5 (Bernama) -- Agrobank has received financing applications totalling more than RM8 million through its series of engagement sessions with hawkers and micro-entrepreneurs to date, underscoring the positive response to the bank's on-the-ground efforts to expand access to financing for small businesses.

Tomei Calls For Import Duty Waiver On Stamped Gold Bars

By Niam Seet Wei

KUALA LUMPUR, July 5 (Bernama) -- Tomei Consolidated Bhd hopes the government will exempt imported stamped gold bars from the 10 per cent import duty to keep gold investment affordable for ordinary Malaysians.

FMM Calls For Balanced US Approach To Proposed Section 301 Tariff Action

KUALA LUMPUR, July 5 (Bernama) -- The Federation of Malaysian Manufacturing (FMM) has urged the United States (US) to adopt a balanced approach to its proposed Section 301 tariff action on imports linked to forced labour, cautioning that blanket duties could penalise compliant Malaysian manufacturers and disrupt established supply chains.