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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
Ringgit opens marginally higher vs US dollar, traders await Budget 2025

Ringgit opens marginally higher vs US dollar, traders await Budget 2025

Dr. Mohd Afzanizam says Budget 2025, set for tabling today, is key, with traders likely focusing on next years fiscal deficit targets.
Fri Oct 18 2024
Tesla wants to register generic 'robotaxi' word as its own trademark

Tesla wants to register generic 'robotaxi' word as its own trademark

Tesla's applications were submitted, as Elon Musk unveiled Tesla's concept for self-driving taxi and a self-driving bus for up to 20 people.
Wed Oct 16 2024
AWANI Global: Germany-Malaysia: Thriving together in a multipolar world

AWANI Global: Germany-Malaysia: Thriving together in a multipolar world

Germany and Malaysia have fostered strong diplomatic ties and are significant trade partners. German Ambassador to Malaysia, H.E. Dr. Peter Blomeyer, discusses ways to further strengthen this partnership in a world increasingly shaped by global tensions and a multipolar landscape.
Sun Oct 13 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
Ringgit opens marginally higher vs US dollar as traders assess Feds next move

Ringgit opens marginally higher vs US dollar as traders assess Feds next move

Traders are reassessing their stand on the US Fed's next move given the high possibility that a soft-landing scenario would materialise.
Mon Oct 07 2024
[COLUMNIST] Anwar’s strategic outreach to Pakistan and Bangladesh

[COLUMNIST] Anwar’s strategic outreach to Pakistan and Bangladesh

Focusing on trade figures alone would miss the bigger picture. Pakistan and Bangladesh matter far more to Malaysia than the statistics suggest, says Datuk Prof Dr Mohd Faiz Abdullah.
Sat Oct 05 2024
BRICS to focus on speeding up North-South Corridor development - Russian Chamber of Commerce

BRICS to focus on speeding up North-South Corridor development - Russian Chamber of Commerce

The projects in the pipeline cover financial services, investment, industrial and energy development, trade and international cooperation.
Fri Oct 04 2024
[COLUMNIST] Inclusive trade: Navigating regulations through the lens of SMEs

[COLUMNIST] Inclusive trade: Navigating regulations through the lens of SMEs

Cooperation at the regional level is very much relevant to address regulatory transparency and disparities.
Mon Sep 30 2024
KPDN conducting review of E-Commerce legislation to update existing laws - Armizan

KPDN conducting review of E-Commerce legislation to update existing laws - Armizan

The Ministry of Domestic Trade and Cost of Living (KPDN) is reviewing several acts involving e-commerce to update existing laws in line with the rapid development of the industry.
Thu Sep 26 2024
OGA 2024: Driving global trade and sustainability in the energy sector

OGA 2024: Driving global trade and sustainability in the energy sector

The highly anticipated Oil and Gas Asia (OGA) 2024 event has commenced, attracting a record number of industry professionals
Thu Sep 26 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
MIHAS 2024: MATRADE targets RM3.5 billion in sales, expands global halal footprint

MIHAS 2024: MATRADE targets RM3.5 billion in sales, expands global halal footprint

The Malaysia External Trade Development Corporation (MATRADE) is aiming to achieve RM3.5 billion in sales during the Malaysia International Halal Showcase (MIHAS) 2024.
Mon Sep 23 2024
Malaysia, like other ASEAN countries, will continue to be neutral, attract investments to region

Malaysia, like other ASEAN countries, will continue to be neutral, attract investments to region

Tengku Zafrul said Malaysia will continue to strengthen its neutral stance so that more investment and trade will flow to ASEAN.
Fri Sep 20 2024
BNM unlikely to follow US Fed rate cut, eyes domestic and global conditions

BNM unlikely to follow US Fed rate cut, eyes domestic and global conditions

Dr. Mohd Afzanizam said Malaysia's open economy is highly sensitive to external factors like international trade and capital flows.
Thu Sep 19 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