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Malaysia’s trade records 10.2 per cent jump, exceeds RM2 trillion mark in first nine months of 2024

Malaysia’s trade records 10.2 per cent jump, exceeds RM2 trillion mark in first nine months of 2024

According to the World Trade Organisation's forecast, Asia's exports are expected to rise by 7.4 per cent in 2024.
Fri Oct 18 2024
Malaysia-Canada economic ties strengthen with 41 pct trade increase

Malaysia-Canada economic ties strengthen with 41 pct trade increase

MITI reported that bilateral trade surged by 25 per cent following Canada's accession to the CPTPP.
Fri Oct 11 2024
Terengganu to adopt cautious approach to GISB business premises sealing - MB

Terengganu to adopt cautious approach to GISB business premises sealing - MB

Terengganu MB says govt will first assess the situation from a legal perspective to mitigate the risk of potential lawsuits.
Wed Oct 02 2024
MITI launches Circular Economy Policy Framework to promote sustainable manufacturing growth

MITI launches Circular Economy Policy Framework to promote sustainable manufacturing growth

The Ministry of Investment, Trade and Industry (MITI) has launched the Circular Economy Policy Framework with the aim of reformulating fossil-fuel-based industrial models
Thu Sep 26 2024
World Rivers Day: Highlights critical importance of rivers, streams

World Rivers Day: Highlights critical importance of rivers, streams

The programme highlights the impact of pollution and the necessary actions to mitigate it and restore the rivers' natural condition.
Fri Sep 20 2024
Malaysia joins six countries to ratify UK's accession into CPTPP

Malaysia joins six countries to ratify UK's accession into CPTPP

MITI said Malaysia joins Japan, Singapore, Chile, New Zealand, Vietnam, and Peru in the ratification process.
Fri Sep 20 2024
Budget 2025: MITI, MOHE to present proposals on talent development to MOF

Budget 2025: MITI, MOHE to present proposals on talent development to MOF

Tengku Zafrul said both ministries are sharing ideas and collaborating to ensure the nation has a robust AI-ready workforce.
Tue Aug 27 2024
[COLUMNIST] Tesla’s so-called investment “U-turn” - here are the facts

[COLUMNIST] Tesla’s so-called investment “U-turn” - here are the facts

There's neither been a legally binding Memorandum of Agreement nor a Memorandum of Understanding signed.
Tue Aug 13 2024
The rise of smart contracts and strategies for mitigating cyber and legal risks

The rise of smart contracts and strategies for mitigating cyber and legal risks

Smart contracts - self-executing agreements embedded in blockchain - offer the promise of seamless execution without human intervention.
Sat Jul 27 2024
It's About YOUth: Climate finance: The key to shaping a sustainable future

It's About YOUth: Climate finance: The key to shaping a sustainable future

In mitigating the severe impacts of climate change, Mukriz Mahader and Lydia Hong, Co-directors of the Climate Finance Summit 2024 discuss what is needed to scale up financing to support climate action for a sustainable future.
Fri Jul 26 2024
Malaysia records RM83.7 bln approved investments in 1Q 2024

Malaysia records RM83.7 bln approved investments in 1Q 2024

Tengku Datuk Seri Zafrul Abdul Aziz said approved investments of reflect on how Malaysia has earned investors' trust.
Fri Jun 21 2024
MITI minister to elaborate on Malaysia's IMD competitiveness ranking

MITI minister to elaborate on Malaysia's IMD competitiveness ranking

Malaysia has slipped by seven places to rank at 34th out of 67 countries in the IMD's World Competitiveness Ranking 2024.
Thu Jun 20 2024
Malaysia anticipates deeper collaboration with China in 5 key sectors - DPM Fadillah

Malaysia anticipates deeper collaboration with China in 5 key sectors - DPM Fadillah

Malaysia strives to reduce greenhouse gas emissions and mitigate the impacts of climate change, said Datuk Seri Fadillah Yusof.
Tue May 07 2024
Tengku Zafrul says his focus is on MITI, not FAM

Tengku Zafrul says his focus is on MITI, not FAM

Tengku Datuk Seri Zafrul Tengku Abdul Aziz said at the moment his focus is to ensure all initiatives implemented by MITI are run smoothly.
Thu May 02 2024
Malaysian govt securities to remain robust despite restructuring of EPF accounts

Malaysian govt securities to remain robust despite restructuring of EPF accounts

CIMB IB expects the impact of EPF's introduction of a third account, on MGS and GII demand to be mitigated by strong net contributions.
Fri Apr 26 2024
Immediate allocation of RM150 mln for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mln for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
Minimum wage to increase to RM1,700 effective Feb 1, 2025

Minimum wage to increase to RM1,700 effective Feb 1, 2025

The Progressive Wage Policy would be fully enforced next year with an allocation of RM200 million, benefiting 50,000 workers.
Fri Oct 18 2024
Bursa Malaysia ends higher on Budget 2025 optimism

Bursa Malaysia ends higher on Budget 2025 optimism

The benchmark index, which opened 1.85 points higher at 1,643.29, moved between 1,641.71 and 1,649.31 throughout the trading session.
Fri Oct 18 2024
Five important aspects relating to people’s lives in Budget 2025 - PM

Five important aspects relating to people’s lives in Budget 2025 - PM

The focus is on driving the MADANI Economy, speeding reforms, cutting red tape, raising wages, and tackling the cost of living.
Fri Oct 18 2024
Economic outlook: Govt plans to leverage, expand existing city transit system

Economic outlook: Govt plans to leverage, expand existing city transit system

The expansion aims to provide a more efficient and reliable public transportation network, reduce congestion, and improve accessibility.
Fri Oct 18 2024
Economic outlook: Budget 2025 to lay foundation for a digital-driven economy

Economic outlook: Budget 2025 to lay foundation for a digital-driven economy

The report said Budget 2025 will entail efforts to position Kuala Lumpur as a top 20 global startup hub by 2030 through the KL20 initiative.
Fri Oct 18 2024
Economic outlook: Corruption and lack of accountability hinder economic progress

Economic outlook: Corruption and lack of accountability hinder economic progress

Special Cabinet Committee on National governance is established to curb corruption, law reforms to modernise outdate regulations, MoF said.
Fri Oct 18 2024
National Wages Consultative Council will be strengthened

National Wages Consultative Council will be strengthened

The govt will also incentivise hiring women returning from career breaks, offer job matching and improve care services facilities.
Fri Oct 18 2024
Economic outlook: Ensuring 11 years of compulsory education for all children

Economic outlook: Ensuring 11 years of compulsory education for all children

Budget 2025 will continue prioritising upskilling and retraining initiatives to equip workers with the latest skill sets necessary.
Fri Oct 18 2024