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Malaysia-Thailand BEZ Development Proposal To Be Negotiated Bilaterally

KUALA LUMPUR, July 1 (Bernama) -- The proposal for the development of the Malaysia-Thailand Border Economic Zone (BEZ) will be negotiated bilaterally with Thailand before being implemented, said the Ministry of Economy.

Sarawak Govt Approves Appointment of Bintulu Port As Bintulu Port Operator

KUALA LUMPUR, July 1 (Bernama) -- Sarawak state government has approved in principle the appointment of Bintulu Port Holdings Bhd’s wholly owned subsidiary Bintulu Port Sdn Bhd (BPSB) as the port operator of Bintulu Port pursuant to Section 12(2) of the Port Authorities Ordinance, 1961.

Electricity Consumption Of Data Centres Expected To Surge To 31 Pct By 2035

KUALA LUMPUR, July 1 (Bernama) --  Electricity consumption by the data centre sector is expected to increase significantly to 31% - equivalent to 73,274 gigawatt-hours (GWh) - by 2035, up from 7% or 10,544 GWh in 2026.

Petroleum Product subsidies Expected To Reach RM40 Bln This Year - MOF

KUALA LUMPUR, July 1 (Bernama) -- The government is expected to bear almost RM40 billion in petroleum product subsidies this year as a result of the increase in global oil prices following the West Asia conflicts, according to the Ministry of Finance (MOF).

Vertiv Expects Johor Plant To Reach Technical Capacity By 3Q 2027

JOHOR BAHRU, July 1 (Bernama) -- US-based digital infrastructure company Vertiv Group expects its Johor manufacturing facility to gradually ramp up production, with about 15 to 20 per cent of its production lines currently in operation.

Weststar, Rocket Technologies International Collaboration To Generate Over US$10 Bln Commercial Potential

CANBERRA, July 1 (Bernama) -- The strategic joint venture agreement (JVA) between Weststar Group and Australia's Rocket Technologies International Pty Ltd is expected to contribute significantly to bilateral trade and economic growth between Malaysia and Australia, with long-term commercial potential estimated at over US$10 billion (US$1 = RM4.08) through future aerospace, defence, satellite, and advanced technology programmes. 

SemiconStart Marks Implementation Phase Of Malaysia's Semiconductor Drive -- Amir Hamzah

KUALA LUMPUR, July 1 (Bernama) -- Malaysia's drive to strengthen its semiconductor ecosystem has moved into the implementation stage with the launch of SemiconStart Malaysia, signalling the government's focus on translating plans into tangible industry outcomes.

microLEAP, CASB, HDC Launch Initiative To Boost SME Access To Govt Contract Financing

KUALA LUMPUR, July 1 (Bernama) -- Microleap PLT (microLEAP), Commerce Access Sdn Bhd (CASB) and Halal Development Corporation Bhd (HDC) have launched a nationwide initiative aimed at improving small and medium enterprises' (SMEs) access to financing for government contracts through funding, training and business support.

PAAB Launches Malaysia's First Sustainable Islamic Finance Framework Featuring Blue Finance, Advancing Water Security

KUALA LUMPUR, June 30 (Bernama) -- Pengurusan Aset Air Bhd (PAAB), a wholly owned company of the Minister of Finance (Incorporated), today launched its Sustainable Islamic Finance Framework, marking three national milestones.

Sabah Needs Integrated Logistics Masterplan To Give Holistic Direction

LABUAN, June 30 (Bernama) -- Sabah needs an integrated logistics and transport master plan to address challenges at the structural level instead of relying on fragmented, project-by-project solutions, a logistics expert said.

Maybank Raises Sustainable Finance Target Across ASEAN To US$73 Bln By 2030

JAKARTA, June 30 (Bernama) -- Maybank Group has committed to mobilise US$73 billion (US$1 = RM 4.06) in sustainable finance across ASEAN by 2030, raising its ambition as it continues to support what it describes as a responsible and orderly transition that drives long-term growth and resilience.

BNM: Malaysia's Official Reserve Assets At US$130.63 Bln At End-May 2026

KUALA LUMPUR, June 30 (Bernama) -- Malaysia’s official reserve assets amounted to US$130.63 billion at the end of May 2026, compared with US$129.73 billion at the end of April 2026.