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SERENDAH, July 7 (Bernama) -- The government is revamping the New Customised Incentive Mechanism (NCM) for the automotive industry, intending to implement it next year after completing consultations with the relevant ministries, agencies, and industry players.
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By Siti Radziah Hamzah
KUALA LUMPUR, July 7 (Bernama) -- Asia Pacific (APAC) offshore spending remains broadly stable post-West Asia conflict, with Southeast Asia (SEA) estimated to see a 12 per cent increase in greenfield capital expenditure (capex) to more than US$100 billion (US$1 = RM4.08), reflecting stronger prioritisation of new offshore developments, said Hong Leong Investment Bank Bhd (HLIB) today.
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KUALA LUMPUR, July 7 (Bernama) -- RNG Tech Bhd aims to deploy more than 800 self-service massage chairs across Malaysia and four ASEAN countries this year as part of its expansion strategy after its listing on the ACE Market of Bursa Malaysia.
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KUALA LUMPUR, July 6 (Bernama) -- Malaysia's gross domestic product (GDP) is projected to grow 4.7 per cent in 2026, with a modest upside bias, supported by stronger-than-expected export performance, resilient domestic demand and easing external risks, according to RHB Investment Bank Bhd (RHB IB).
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By Abdul Hamid A Rahman
KUALA LUMPUR, July 6 (Bernama) -- Bursa Malaysia ended higher on Monday, supported by renewed buying interest in banking and plantation counters.
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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.
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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.
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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.
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KUALA LUMPUR, July 4 (Bernama) -- The launch of the Johor-Singapore Special Economic Zone (JS-SEZ) Master Plan needs to be strategically coordinated to ensure policy alignment and a smooth implementation, while reinforcing investor confidence.
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By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 4 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to remain cautiously positive next week, trading within the 1,670-1,690 points range, supported by bargain hunting, easing external pressures, and improving regional sentiment.
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By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 4 (Bernama) -- Bursa Malaysia’s benchmark index is expected to extend its recovery next week and test the psychological 1,700-point level, underpinned by Friday's strong rebound and continued buying from local institutional investors.
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GEORGE TOWN, July 3 (Bernama) -- Penang's economy grew by 7.3 per cent in 2025, with its gross domestic product (GDP) rising to RM130.3 billion from RM121.4 billion in the previous year, driven by the strong performance of the manufacturing and services sectors.