The third meeting of the third session of the 15th Parliamen adjourned on Thursday after sitting for 12 days since Dec 2, with 26 bills passed.

Dewan Negara adjourns after passing 26 bills in 12 days

The Senate’s Special Select Committee on Social and Community Affairs (JKPK HESM) has urged the government to expedite the formulation of the Anti-Ali Baba Act to tackle the growing issue of foreigners' dominance in small and medium-sized enterprises (SMEs).

Putrajaya urged to hasten creation of ‘Anti-Ali Baba’ law 

A total of 288,000 members of the Employees Provident Fund (EPF) have registered to contribute more than the statutory rate of 11% for employee contributions as of October 2024.

288,000 EPF members register to contribute above the statutory 11% employee rate — Lim

The Ministry of Finance (MOF) has found that instances of using cryptocurrency as a medium for money laundering in Malaysia are low.

Deputy Finance Minister Lim Hui Ying said that this conclusion was based on the latest Virtual Assets Risk Assessment conducted by the National Coordination Committee to Counter Money Laundering (NCC) based on observations from the Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM).

MOF: Few cases of using cryptocurrency in money laundering

The government has acquired 10 new train sets for the Electric Train Service (ETS), which is expected to be operational from the first quarter of next year, said Deputy Transport Minister Datuk Hasbi Habibollah.

Ten new ETS trains to be operational by 1Q2025, 50 more on the way, Senate told

KUALA LUMPUR (Dec 18): The SouthEast Asia Hainan-Hong Kong Express Cable System (SEA-H2X), the 160Tbps (trillion bits per second) undersea fiber-optic cable network designed to enhance connectivity and data transmission in the Asia-Pacific region, is expected to be completed by the third quarter of 2025 (3Q2025).

SEA-H2X undersea cable network in Sarawak set for completion by 3Q2025 — Teo

The Health Ministry (MOH) will introduce a rotation system to improve the placement of medical officers, particularly in rural and urban areas, to address the shortage of workers in the sector.

MOH to introduce rotation system to address workforce shortage

The Dewan Negara on Tuesday passed three bills under the Prime Minister's Department, namely the Legal Profession (Amendment) Bill 2024, the Trustees (Amendment) Bill 2024, and the Trustees (Incorporation) (Amendment) Bill 2024.

Dewan Negara passes five bills

KUALA LUMPUR (Dec 17): The government is scrutinising the need for a plastic-related act that is more comprehensive through a feasibility study under the 13th Malaysia Plan (13MP).

Minister of Natural Resources and Environmental Sustainability Nik Nazmi Nik Ahmad said the study needed t...

Environment ministry scrutinising need for comprehensive plastic policy through study under 13MP

Proposals related to the definition and classification of the T15 income group are being refined and will be decided by the Cabinet soon, Economy Minister Rafizi Ramli said on Tuesday.

Rafizi: Definition, classification of T15 will be decided soon

The ringgit has strengthened by 2.8% against the US dollar as of Nov 22, 2024, according to the Ministry of Finance (MOF).

Ringgit strengthened 2.8% against US dollar as of Nov 2024 — MOF

The implementation of the 15% global minimum tax (GMT) starting next year is expected to have a positive impact on the country’s financial position, according to the Ministry of Finance (MOF).

MOF sees global minimum tax boosting Malaysia’s financial position 

he Malaysia Digital Investment Strategy (MDIS) (formerly Digital Investments Future5 Strategy or DIF5) has attracted investments totalling RM224.72 billion since its launch in 2021 until the third quarter of this year.

Malaysia’s digital investment strategy attracted RM224.7b in investments since 2021, created nearly 96,000 jobs — Gobind

KUALA LUMPUR (Dec 13): After a 35-day sitting of the third meeting of the third session, the 15th Parliament adjourned sine die on Thursday (Dec 12), with 26 bills including the Supply (Budget) Bill 2025 passed.

Review: Third session of 15th Parliament adjourns sine die after passing 25 bills, including Budget 2025

KUALA LUMPUR (Dec 22): Prime Minister Datuk Seri Anwar Ibrahim stated that the Madani government has implemented strategic initiatives throughout 2024, to drive long-term prosperity for the people and the nation.

2024 economic highlights: Madani government drives long-term prosperity — Anwar

KUALA LUMPUR (Dec 22): The Malaysia International Trade and Exhibition Centre (Mitec), owned by Malaysia External Trade Development Corporation (Matrade), has announced the signing of a memorandum of understanding (MOU) between Qube Integrated Malaysia Sdn Bhd and the Asia CEO Community.

Qube Integrated inks MOU with Asia CEO Community, unveils Mitec card

BEIJING (Dec 22): China's Nio on Sunday said it would launch its new Firefly electric-vehicle (EV) brand in Europe early in the first half of 2025 (1H2025), betting that it would help the company overcome European Union (EU) tariffs.

China’s Nio says new Firefly EV to go on sale in Europe in 1H2025

(Dec 22): The European Central Bank (ECB) will go on lowering borrowing costs in 2025, according to Governing Council member Boris Vujcic.

ECB rate cuts will continue next year, Vujcic tells Croatian state broadcaster

(Dec 22): Cocoa’s rally has soared past all major commodities in 2024, and there’s little sign the tight supply and fragile trading landscape that prompted its near-vertical trajectory are in for a fast fix.

Cocoa caps 2024 as biggest commodity winner. It’s not over yet

PUTRAJAYA (Dec 22): The Early Schooling Aid (BAP) will extended to Form 6 students starting from the 2025/2026 schooling session, with each receiving RM150, said Education Minister Fadhlina Sidek.

Early schooling aid extended to Form 6 students

KUALA LUMPUR (Dec 22): Malaysia is intensifying efforts to deepen economic and cultural ties with Iran, identifying Gilan province as another key hub for collaboration.

Malaysia strengthens ties with Iran, eyes Gilan province as key collab hub

JAKARTA (Dec 22): Indonesian police have detained 18 personnel suspected of extorting Malaysian nationals who attended the Djakarta Warehouse Project (DWP) concert in Kemayoran, North Jakarta.

18 cops detained for alleged extortion of Malaysian fans at Djakarta Warehouse Project concert

ANKARA (Dec 22): Türkiye will do "whatever it takes" to ensure its security if the new Syrian administration cannot address Ankara's concerns about US-allied Kurdish groups it views as terrorist groups, Foreign Minister Hakan Fidan said on Saturday (Dec 21).

Türkiye will do 'whatever it takes' if Syria government cannot address Kurd militia issue, minister says

BENGALURU (Dec 21): Stellantis has reversed its decision to lay off about 1,100 employees at an Ohio Jeep plant, less than three weeks after the abrupt resignation of chief executive Carlos Tavares, the Franco-Italian automaker said late on Saturday.

Stellantis reverses Ohio layoffs weeks after CEO's abrupt departure

Lion Group’s property division, Lion Group Property, is looking to expand its industrial park portfolio, says the conglomerate’s executive chairman Tan Sri William Cheng.

Moving further into industrial parks

KUALA LUMPUR (Dec 22): The Health Ministry (MOH) does not take lightly the resignation of more than 6,000 doctors over the past five years.

MOH does not take lightly resignation of over 6,000 doctors over past five years — Dzulkefly

Among all precious gems, diamonds are one of the most sought after and prominent —&nbsp;for good reason. It is their rarity, durability and beauty that inspire&nbsp;the managing director of jewellery company Tomei, Datuk Ng Yih Pyng, to keep them as the focus of his star label, Le Lumiere. With over 30 years of experience under his belt, he has witnessed his fair share of industry evolutions. As technology progresses and diamond reserves begin to run dry, a new competitor — lab-grown stones — has entered the market. What does this mean for the stability of the natural gemstone trade, and what can consumers expect to see in the coming year? Ng gives us his thoughts.

Light fantastic

KUALA LUMPUR (Dec 22): Malaysia is intensifying efforts to deepen economic and cultural ties with Iran, identifying Gilan province as another key hub for collaboration.

KUALA LUMPUR (Dec 21): Prime Minister Datuk Seri Anwar Ibrahim held a meeting on Saturday with local and foreign media practitioners to convey the latest developments about the country's direction related to government policies, as well as various current and future issues in Malaysia.&nbsp;

PM conveys country’s development, direction, policies, current and future issues to media practitioners

JAKARTA (Dec 22): Indonesian police have detained 18 personnel suspected of extorting Malaysian nationals who attended the Djakarta Warehouse Project (DWP) concert in Kemayoran, North Jakarta.

(Dec 21):&nbsp;The Biden administration is mulling exempting Mexico from tariffs on imported solar equipment, a last-minute change that would primarily benefit Maxeon Solar Technologies Ltd.&nbsp;

Biden mulls tariff break for solar modules from Mexico

KUCHING (Dec 21): A supply interruption caused by generator trip at the Bakun Hydroelectric Plant (HEP) on Saturday afternoon has been fully restored to affected consumers in certain parts of Kuching, Sibu, Bintulu and Miri.

Sarawak Energy: Partial power outage fully restored

(Dec 22): Cocoa’s rally has soared past all major commodities in 2024, and there’s little sign the tight supply and fragile trading landscape that prompted its near-vertical trajectory are in for a fast fix.

BEIJING (Dec 22): China's Nio on Sunday said it would launch its new Firefly electric-vehicle (EV) brand in Europe early in the first half of 2025 (1H2025), betting that it would help the company overcome European Union (EU) tariffs.

ANKARA (Dec 22): Türkiye will do "whatever it takes" to ensure its security if the new Syrian administration cannot address Ankara's concerns about US-allied Kurdish groups it views as terrorist groups, Foreign Minister Hakan Fidan said on Saturday (Dec 21).

(Dec 22):&nbsp;President-elect Donald Trump selected billionaire Tilman Fertitta as his ambassador to Italy, enlisting a prominent businessman and one-time reality television star for a prime diplomatic post.

Trump taps billionaire restaurateur Fertitta as Italy envoy

(Dec 21):&nbsp;A Starbucks Corp&nbsp;strike of unionised baristas has spread to three more cities in the US, disrupting service during the final days of the crucial holiday season.

Starbucks baristas from three more US cities to join strike

PUTRAJAYA (Dec 22): The&nbsp;Early Schooling Aid (BAP) will extended to Form 6 students starting from the 2025/2026 schooling session, with each receiving RM150, said Education Minister Fadhlina Sidek.

(Dec 21):&nbsp;Lara Trump, daughter-in-law of President-elect Donald Trump, said on Saturday that&nbsp; she has removed her name from consideration to replace outgoing US&nbsp;Senator Marco Rubio.

Lara Trump withdraws from consideration to replace Rubio in US Senate

BENGALURU (Dec 21): Stellantis&nbsp;has reversed its decision to lay off about 1,100 employees at an Ohio Jeep plant, less than three weeks after the abrupt resignation of chief executive Carlos Tavares, the Franco-Italian automaker said late on Saturday.

(Dec 22):&nbsp;The European Central Bank (ECB) will go on lowering borrowing costs in 2025, according to Governing Council member Boris Vujcic.

KUALA LUMPUR (Dec 22): The Malaysia International Trade and Exhibition Centre (Mitec), owned by Malaysia External Trade Development Corporation (Matrade), has announced the signing of a memorandum of understanding (MOU) between Qube Integrated Malaysia Sdn Bhd and the Asia CEO Community.

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