Public, Businesses Must Be Prepared For Challenges Arising From Hormuz Closure -- Akmal Nasrullah

KUALA LUMPUR, July 15 (Bernama) -- The government is reminding the public and businesses not to become complacent or underestimate the economic and supply chain impacts following Iran's declaration of the renewed closure of the Strait of Hormuz.

Global Supply Crisis: MITI, Economy Ministry To Engage Manufacturers On Cost Pressures - Anwar

KUALA LUMPUR, July 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has directed the Ministry of Investment, Trade and Industry (MITI) and the Ministry of Economy to engage manufacturers facing mounting pressure from the global supply crisis to help ease cost pressures.

Govt To Study Proposals From Malaysian Plastics Manufacturers Association - Akmal Nasrullah

KUALA LUMPUR, July 13 (Bernama) -- The National Economic Action Council (NEAC) has taken note of several proposals submitted by the Malaysian Plastics Manufacturers Association (MPMA) and has decided that the Ministry of Investment, Trade and Industry (MITI) and the Economy Ministry should examine them.

LYB, Mondelez Turn Plastic Waste Into Chocolate Wrappers

KUALA LUMPUR, July 8 (Bernama) -- Global chemical company, LyondellBasell (LYB) has introduced an innovative flexible packaging solution for Marabou chocolate bars, developed in collaboration with Mondelez International, Amcor, Taghleef Industries and other industry players.

Crude Oil Supplies For Industrial Production Remain Stable

KUALA LUMPUR, July 7 (Bernama) -- Crude oil supplies for industrial production, including resin manufacturing, remain stable, and industries are also adjusting their operations to cope with rising costs, the Ministry of Economy said.

Ge-Shen Unit Disposes Of Land In Johor For RM35.50 Mln

KUALA LUMPUR, July 7 (Bernama) -- Ge-Shen Corp Bhd’s wholly owned subsidiary, Ge-Shen Plastic (M) Sdn Bhd, has entered into a sale and purchase agreement with Plastico Sdn Bhd to dispose of five parcels of freehold land located in Tebrau, Johor, for RM35.50 million.

Guest Supply, HAAN Sign Licensing Deal For APAC Hotels

KUALA LUMPUR, July 3 (Bernama) -- Guest Supply Asia, part of Sysco Corporation, has announced a licensing agreement with HAAN, a personal care brand, to manufacture and distribute HAAN-branded personal care products for hotels across Asia Pacific (APAC).

Govt Has No Plans To Expand Fuel Subsidy Programme --  Liew 

KUALA LUMPUR, June 24 (Bernama) -- The government has no plans to expand the fuel subsidy programme after the recent adjustment in subsidised diesel prices, said Deputy Finance Minister Liew Chin Tong.

Indonesia To Roll Out Rp26.34 Trillion Stimulus Package In Second Half Of 2026

By Nik Nurfaqih Nik Wil

JAKARTA, June 22 (Bernama) -- Indonesia will roll out a Rp26.34 trillion (Rp1 mln=RM231.2) economic stimulus package in the second half of 2026, which includes transport incentives, employment programmes and food assistance measures.

Businesses Should Identify Pain Points Amid Rising Uncertainty - Economist

KUALA LUMPUR, June 19 (Bernama) -- Malaysian businesses should identify their operational pain points before making strategic decisions as the business landscape becomes increasingly uncertain, said AmBank Group chief economist Firdaos Rosli.

Daicel POM Powder Enables Stick Lubricant Innovation

KUALA LUMPUR, June 18 (Bernama) -- Daicel Corporation’s High Performance Polymers Strategic Business Unit (formerly Polyplastics Co Ltd) has announced its DURAST POM fine powder has been adopted in a new stick-form lubricant developed by Japan-based Maia Co Ltd, marking a novel application for the engineering plastic material in maintenance operations.