Budget 2025: Hoteliers Urge Govt To Address Low Room Rates Despite Rising Operational Costs

KUALA LUMPUR, The hotel industry is calling on the government to address persistently low room rates and rising operational costs for the upcoming Budget 2025 to be tabled on Oct 18.

Malaysian Association of Hotel Owners (MAHO) executive director Sha…

Sarawak Energy Appoints Ibrahim Baki As Chairman Effective Oct 1

KUCHING, Sarawak Energy Bhd (SEB) has appointed Gabungan Parti Sarawak’s Satok state assemblyman, Datuk Ibrahim Baki, as its chairman effective Oct 1.

Ibrahim succeeds Datuk Amar Abdul Hamed Sepawi, who has been with the company since 2005, leading i…

Plus Xnergy Advocates For Policies To Accelerate Solar Adoption In Budget 2025

KUALA LUMPUR, Budget 2025 should include more robust and flexible policies aimed at enhancing solar adoption, both for businesses and homeowners, according to Plus Xnergy Holdings Sdn Bhd.

Group chief executive officer Ko Chuan Zhen said expanding ta…

Producer Price Index Eases By 1.9 Pct In 2023 – DoSM

KUALA LUMPUR, Malaysia’s Producer Price Index (PPI) decreased by 1.9 per cent in 2023 (2022: 7.8 per cent), mainly due to the contraction in the agriculture, forestry fishing (-13.8 per cent), according to the Department of Statistics Malaysia (DoSM)….

Malaysia’s BRICS Entry Will Boost Johor’s Investment, Trade Potential Through JS-SEZ – Onn Hafiz

ISKANDAR PUTERI, Malaysia’s entry into the BRICS economic bloc will bring greater investment and trade potential to Johor through the Johor-Singapore Special Economic Zone (JS-SEZ), said Johor Menteri Besar Datuk Onn Hafiz Ghazi.

He said that partici…

Sarawak Mulls Forming ‘Consolidated Entity’ For State’s Asset Management, Investment – Abang Jo

KUCHING, Sarawak is considering establishing a ‘consolidated entity’ for the asset management and investment of the state government, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

He said he has instructed experts to conduct a study to determi…

TNG Digital Urges Govt To Extend SST Exemption For Digital Services

KUALA LUMPUR, TNG Digital Sdn Bhd, operator of TNG eWallet, has urged the government to extend the sales and services tax (SST) exemption on digital services in Budget 2025.

The fintech company believes that extending this exemption is vital for keep…