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Economy

CCUS Roadmap To Be Launched By End Of This Month - Akmal Nasrullah

KUALA LUMPUR, Nov 12 (Bernama) -- The government is expected to launch the Carbon Capture, Utilisation and Storage (CCUS) Roadmap by the end of this month, said Economy Minister Akmal Nasrullah Mohd Nasir.

ECRL To Offer Faster, More Comfortable Journey Home For East Coast Folk

By Norsyafawati Ab Wahab

KOTA BHARU, Nov 12 (Bernama) -- For thousands of East Coast residents earning a living in the Klang Valley, returning to their hometowns has traditionally meant long hours on the road and the ordeal of facing heavy traffic, especially during festive seasons and long holidays.

Eppendorf Builds Its First Southeast Asia Facility To Strengthen Regional Presence

BATU KAWAN, Nov 12 (Bernama) -- German life science company Eppendorf SE has strengthened its Asia Pacific presence by establishing its first Southeast Asia manufacturing facility in Penang to bring production closer to regional customers.

Malaysia-Taiwan Bilateral Ties Remain Strong, Investment Flows Intact -- Anwar

KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia's economic ties with Taiwan remain strong and unaffected, with the country continuing to attract investments from the island, Prime Minister Datuk Seri Anwar Ibrahim said.

Malaysia Has To Strengthen Safety Standards For Battery Energy Storage Systems

KLANG, Nov 12 (Bernama) -- Malaysia needs to strengthen safety standards and certification for battery energy storage systems (BESS) to ensure that the technology can be used safely and sustainably, in line with national efforts to accelerate the transition to renewable energy.

Govt Assures Rakyat Of Protection From Impact Of West Asia Conflict - PM Anwar

KUALA LUMPUR, Nov 12 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today gave an assurance that the government would continue to protect the people, ensure supplies of essential goods, and support business continuity as well as employment should the conflict in West Asia escalate further.

GST Would Shift Tax Burden To All Rakyat, Says Anwar

KUALA LUMPUR, Nov 12 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said those advocating the reintroduction of the Goods and Services Tax (GST) were effectively proposing to shift the tax burden from businesses and exporters to the public as a whole.

New Government Borrowing To Fund Development, Repay RM13 Bln 1MDB Bonds – Anwar

KUALA LUMPUR, Nov 12 (Bernama) -- New borrowings under the MADANI Government are used to finance national development, including schools, hospitals, roads, and water and electricity supply, Prime Minister Datuk Seri Anwar Ibrahim said.

Semak Kasih: RM55 Mln In Life Insurance, Takaful Benefits Paid As Of Oct 16 - LIAM

KUALA LUMPUR, Nov 12 (Bernama) -- Life insurance companies and takaful operators have paid out about RM55 million in claim benefits under 855 life insurance policies and family takaful certificates, according to the Life Insurance Association of Malaysia (LIAM).

Minimum Wage Hike Should Push Businesses To Improve Productivity

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia's latest minimum wage increase is expected to benefit workers through better incomes, while encouraging businesses to step up efforts to improve productivity to ensure that higher wages can be sustained without putting further pressure on prices.

EECA 2024 Crucial Amid Industrial Expansion, Rising Energy Demand - ST

KUALA LUMPUR, Nov 12 (Bernama) -- The Energy Efficiency and Conservation Act (EECA) 2024 plays an important role in managing future electricity demand, allowing the country to plan its generation capacity while ensuring energy security and affordability.

Bumiputera Companies D’Amante, Coperatech Achieve Success Through Tenacity Amid Headwinds

KUALA LUMPUR, Nov 12 (Bernama) -- The Asian financial crisis that struck in 1997-1998 marked the end of the road for many businesses, forcing them to fold.