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Foreign Workers' EPF Contribution Proposal Aims To Address Wage Equity - Amir Hamzah

KUALA LUMPUR, Nov 6 (Bernama) -- The introduction of Employees Provident Fund (EPF) contribution by foreign workers aims to facilitate wage equity in the country, ensuring that local labour is not disadvantaged along the way, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

T7 Global Bags RM500 Mln Works Contract From Exxonmobil Exploration

KUALA LUMPUR, Nov 6 (Bernama) -- T7 Global Bhd has been awarded a maintenance, construction, modification (MCM) contract and hook-up commissioning services contract for Package B2 - Guntong by ExxonMobil Exploration and Production Malaysia Inc worth RM500 million.

Malaysia's Services Producer Price Index Up 0.3 Pct In 3Q - DOSM

KUALA LUMPUR, Nov 6 (Bernama) -- Malaysia’s Services Producer Price Index increased marginally by 0.3 per cent to 115.8 in the third quarter of 2024 (3Q 2024), compared to a 0.7 per cent increase in 2Q 204, said the Department of Statistics Malaysia (DOSM).

Petronas Harnesses AI for Data-driven Investor Decisions In Malaysia’s E&P Sector

KUALA LUMPUR, Nov 6 (Bernama) -- Petronas, through Malaysia Petroleum Management (MPM), has partnered with Earth Science Analytics (ESA) and Amazon Web Services (AWS) to leverage advanced artificial intelligence (AI) and machine learning (ML) technologies to accelerate exploration efforts in the Malay Basin and enhance data capabilities of the Petronas myPROdata platform.

Kuala Lumpur Records RM49.54 Bln Export Value In First 9 Months Of 2024 - MATRADE

KUALA LUMPUR, Nov 6 (Bernama) -- Kuala Lumpur plays an important role in the country’s economic growth, recording an export value of RM49.54 billion, an increase of 4.9 per cent in the first nine months of 2024 compared to the same period last year, according to the Malaysia External Trade Development Corporation (MATRADE).

Bursa Malaysia Stays Higher At Midday

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia remained firm at midday as investors awaited the US presidential election results and Bank Negara Malaysia’s decision on the overnight policy rate (OPR) due later today.

FBM KLCI Rises In Opening Trade Ahead Of OPR, US Election Results

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia's key index rose in opening trade on Wednesday, with the FBM KLCI expected to trade within the 1,615–1,625 points range ahead of two major events today -  Bank Negara’s overnight policy rate (OPR) decision and the results of the US presidential election.

Government To Leverage Sabah's Strengths, Capabilities To Attract High-tech Manufacturing Investors -- MITI

KUALA LUMPUR, Nov 6 (Bernama) -- The government plans to leverage Sabah's local strengths and capabilities to attract investors in the high-tech manufacturing industry, with a focus on downstream activities.

Govt Introduces DIAF, FIAF To Support Businesses And Attract FDI -- MITI

KUALA LUMPUR, Nov 6 (Bernama) -- The government, through the Ministry of Investment, Trade and Industry (MITI) and the Malaysian Investment Development Authority (MIDA), has introduced two new funds under the 12th Malaysia Plan (12MP), namely the Domestic Investment Accelerator Fund (DIAF) and the Foreign Investment Accelerator Fund (FIAF).

Geely Says Once Drivers Try EVs, They Won’t Return To Petrol

HANGZHOU (China), Nov 6 (Bernama) -- Electric vehicles (EVs) are gaining momentum globally, with China at the forefront of this shift toward eco-friendly transportation.

Malaysia's Smart City Framework Yielding Impactful Results - Gobind 

BARCELONA, Nov 6 (Bernama) -- Malaysia's Smart City Framework, which aims to bring local cities up to global smart city standards, is generating impactful results, as evidenced by Kuala Lumpur's impressive leap of 16 spots in the latest Institute for Management Development (IMD) Smart City Index.

Malaysia To Showcase Digital City Initiative During Smart City Expo KL 2025

BARCELONA, Nov 6 (Bernama) -- Malaysia plans to highlight its Digital City Initiative, which will be launched early next year at the Smart City Expo Kuala Lumpur 2025, showcasing innovative digital services and proof of concepts implemented.