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Economic

Industrial Products Sector Records RM128.3 Mln Net Foreign Inflows

KUALA LUMPUR, May 4 (Bernama) -- The industrial products and services recorded net foreign inflows of RM128.3 million, followed by technology (RM114.2 million), and plantation (RM53.3 million) last week, according to MBSB Investment Bank Bhd (MBSB IB).

Labuan Corporation To Focus On Business Ventures To Drive Sustainable Growth

LABUAN, May 4 (Bernama) -- Labuan Corporation (LC) is stepping up efforts to participate directly in business ventures through asset capitalisation, as part of a broader strategy to achieve long-term financial sustainability and reduce reliance on annual government grants.

ADB Launches US$70 Bln Push To Connect Asia’s Power Grids, Digital Networks

KUALA LUMPUR, May 3 (Bernama) -- The Asian Development Bank (ADB) will back US$70 billion in new energy and digital infrastructure initiatives by 2035, aiming to connect power grids, expand cross-border electricity trade and improve broadband access across Asia and the Pacific.

MARALINER Signs Six Strategic Partnerships To Accelerate Mobility Transformation

KUALA LUMPUR, May 3 (Bernama) -- MARA Liner Sdn Bhd has formalised six strategic partnerships, marking a significant milestone in its transformation journey towards a modern, resilient and technology-driven public transport ecosystem.

ADB Launches Financing Facility To Build Asia’s Critical Minerals Supply Chains

KUALA LUMPUR, May 3 (Bernama) -- The Asian Development Bank (ADB) today launched a new financing facility to help countries in Asia and the Pacific develop critical minerals supply chains needed for clean energy, batteries, electric vehicles, and digital technology.

PuTERA35 Ensures Fair Bumiputera Economic Empowerment - PM Anwar

KUALA LUMPUR, May 3 (Bernama) -- The Bumiputera Economic Transformation Plan 2035 (PuTERA35) is a national policy that ensures fairness in strengthening Bumiputera economic participation, enabling the group to compete on a level playing field in the national economy, said Prime Minister Datuk Seri Anwar Ibrahim.

Ringgit Strength, IMF GDP Forecast Signal Global Confidence In Malaysia’s Economy — Muhammad Kamil

KUALA LUMPUR, May 2 (Bernama) -- The continued strengthening of the ringgit and the improved economic projections by the International Monetary Fund (IMF) indicate the fundamental strength of the country's economy and investor confidence in the direction of the Malaysia MADANI administration.

SME Corp Empowers Digitalisation, Automation Of MSMEs

JOHOR BAHRU, May 1 (Bernama) -- Digitalisation and automation of micro, small and medium enterprises (MSMEs) have been identified as one of the five key focus areas in the Business Strategic Plan (BSP) 2022–2030 to accelerate the adoption of digital technology and improve productivity and operational efficiency.

Azizan Abdul Aziz Named Bursa Malaysia's Islamic Capital Market Director

KUALA LUMPUR, May 1 (Bernama) -- Bursa Malaysia Bhd has appointed Azizan Abdul Aziz as director of its Islamic capital market (ICM) effective today.

Penang Maintains Position As "Export Engine", Contributes 45 Pct To National Exports

GEORGE TOWN, May 1 (Bernama) -- Penang’s economy is on a very strong footing as it moves into the second quarter of 2026, and the state continues to maintain its position as Malaysia’s “Export Engine,” contributing nearly 45 per cent to total national exports.

Global Economy Challenging, Govt Continues Taking Necessary Measures To Face Uncertainty - PM Anwar

KUALA LUMPUR, May 1 (Bernama) -- The government will continue to take the necessary measures in facing global economic uncertainty, said Prime Minister Datuk Seri Anwar Ibrahim.

Grab Granted Cross-border Ride-hail Service Operator Licence

KUALA LUMPUR, April 30 (Bernama) -- Southeast Asia’s top ride-hailing and delivery firm Grab has been granted the first Cross-Border Ride-Hail Service Operator Licence (CRSOL), which allows operators to provide cross-border services through their ride-hail platforms.