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Indonesia's 2Q 2026 GDP Growth Accelerates To 5.29 Pct

By Nik Nurfaqih Nik Wil

JAKARTA, Aug 5 (Bernama) -- Indonesia’s gross domestic product (GDP) grew 5.29 per cent year-on-year (y-o-y) in the second quarter of 2026, driven mainly by manufacturing on the production side and household consumption on the expenditure side.

Govt Balancing EV Charging Infrastructure Needs With Public Interest - MITI

KUALA LUMPUR, Aug 5 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is exploring the optimal mechanism for a proposed electric vehicle (EV) levy to support the development of a nationwide charging infrastructure.

Xsolla Partners GDAP, DTI-EMB To Support Philippine Game Industry

KUALA LUMPUR, Aug 5 (Bernama) -- Xsolla has signed a strategic memorandum of understanding with the Game Developers Association of the Philippines (GDAP) and the Department of Trade and Industry's – Export Marketing Bureau (DTI-EMB) to support the growth of the Philippine video game development ecosystem through mentorship, industry promotion and access to global game commerce solutions.

Boustead Targets To Grow Revenue To RM30 Bln In 5 Years

GEORGE TOWN, Aug 5 (Bernama) -- Boustead Holdings Bhd (BHB) is targeting to increase group revenue from about RM12 billion currently to RM30 billion within the next five years through a business restructuring that focuses on defence, property development and commercial services.

EU Businesses Seek High-quality Malaysia-EU FTA To Boost Investment, Trade

KUALA LUMPUR, Aug 5 (Bernama) -- European business leaders are calling for a high-quality Malaysia-European Union (EU) free trade agreement (FTA) that delivers practical commercial outcomes while strengthening long-term investment and cooperation.

Govt Eyes Seawater Desalination To Support Industrial Needs - PETRA

KUALA LUMPUR, Aug 4 (Bernama) — The government is exploring the potential of seawater desalination technology as an alternative source to support industries with high water demand, including data centres.

EU-CBAM Implementation Costs For Malaysia's Iron, Steel Industry Could Reach RM970.7 Mln In 2026

KUALA LUMPUR, Aug 4 (Bernama) -- A study by the Malaysian Steel Institute (MSI) estimates that costs associated with implementing the European Union’s Carbon Border Adjustment Mechanism (EU-CBAM) could reach RM970.7 million for Malaysia’s iron and steel industry in 2026, with the cost expected to rise progressively in subsequent years.

Free Industrial Zone Exports Reach RM106.7 Bln In 1H 2026 - MITI

KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia’s Free Industrial Zones (FIZs) recorded exports worth RM106.7 billion in the first half of 2026 (1H 2026), reflecting continued strong growth momentum.

MSMEs Do Not Need To Modify Systems Under Statistics Bill 2026 -Deputy Minister

KUALA LUMPUR, Aug 4 (Bernama)  --  Micro, small and medium enterprises (MSMEs) will not need to modify their existing systems or develop new applications to comply with the implementation of the Statistics Bill 2026, Deputy Economy Minister Datuk Indera Mohd Shahar Abdullah said.

Global Tax System Must Keep Up With Digitalisation Trend - Amir Hamzah

KUALA LUMPUR, Aug 4 (Bernama) --The global tax system must evolve in step with the economic landscape that is increasingly shifting toward digitalisation, according to Finance Minister II Datuk Seri Amir Hamzah Azizan.

CAAM Seeks Public, Industry Feedback On Low Altitude Economy Framework

PUTRAJAYA, Aug 4 (Bernama) -- The Civil Aviation Authority of Malaysia (CAAM) has invited industry players, government agencies, academia and members of the public to submit feedback by Sept 2 on a proposed national framework that will chart the country's Low Altitude Economy (LAE).

Hainan Delegation Strengthens ASEAN Trade Cooperation

KUALA LUMPUR, Aug 4 (Bernama) -- An economic and trade delegation from Hainan Province, China, recently concluded a five-day visit to Thailand and Indonesia, promoting Hainan Free Trade Port policies, key industrial parks and investment opportunities.