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ASEAN Nations Taking Steps To Establish Monetary Fund, Strengthen Regional Financial Security - Anwar

From Sharifah Hunaini Syed Ismail

KAZAN, (TATARSTAN), May 17 (Bernama) -- ASEAN countries are taking steps to revive the idea of creating their own monetary fund, said Prime Minister Datuk Seri Anwar Ibrahim.

Two Or Fewer Fed Fund Rate Cuts In 2025, Ringgit To Stay 4.4-4.5 To US Dollar By December

KUALA LUMPUR, May 16 (Bernama) -- RHB Investment Bank Bhd (RHBIB) expects two or fewer United States (US) Federal Fund Rate (FFR) cuts in September and December this year against its previous base case for three.

UAE’s Almal Real Estate Enters Southeast Asia With Luxury Project In Bali 

KUALA LUMPUR, May 16 (Bernama) -- Almal Real Estate Development, the United Arab Emirates (UAE)-based developer, has announced its entry into Southeast Asia with the launch of its first international project, 'The One by Almal', in Bali, Indonesia.

Malaysia Posts RM16.7 Bln Surplus In Current Account Balance In 1Q 2025  -- DOSM

KUALA LUMPUR, May 16 (Bernama) -- Malaysia’s current account balance (CAB) recorded a RM16.7 billion surplus in the first quarter of 2025 (1Q 2025), equivalent to 3.4 per cent of the gross domestic product (GDP), supported by net exports of goods and a smaller deficit in the secondary income account, said Statistics Department Malaysia (DOSM).

Extend ECRL To Sungai Golok To Boost Malaysia-Thailand Trade – Thai Envoy

KUALA LUMPUR, May 15 (Bernama) -- Thailand's ambassador to Malaysia, Lada Phumas, has suggested that Malaysia’s East Coast Rail Link (ECRL) project, which starts in Kota Bharu, be extended to the Sungai Golok border to enhance rail connectivity between Thailand and Malaysia.

Yili Accelerates Regional Presence In Asia Amid Rising Demand

From Kisho Kumari Sucedaram

INNER MONGOLIA, May 14 (Bernama) -- Chinese dairy giant Yili Group is accelerating its regional presence in Asia, backed by strong financial results for the financial year 2024 (FY2024) and growing demand for dairy products across key Southeast Asian markets.

Tengku Zafrul In South Korea For APEC Trade Ministers Meeting, Reinforce Multilateral Trading Platform

From Muhammad Muzammil Abdullah

JEJU (South Korea), May 14 (Bernama) -- Minister of Investment, Trade and Industry (MITI), Tengku Datuk Seri Zafrul Aziz is leading Malaysia’s delegation to Jeju, South Korea as trade ministers from the 21 member economies of the Asia-Pacific Economic Cooperation (APEC) are gathered for the 31st meeting.

US-China Tariff Rollback May Delay Purchasing Decisions For Malaysian Glove Makers

KUALA LUMPUR, May 13 (Bernama) -- The latest United States (US)-China tariff rollback will impact Malaysia’s glove makers, delaying purchasing decisions due to ongoing uncertainty, said Maybank Investment Bank Bhd (Maybank IB).

Netherland’s Oryx Stainless Opens New Facility In Johor

JOHOR BAHRU, May 9 (Bernama) – The Oryx Stainless Group, one of the world’s leading suppliers of recycled stainless steel raw materials headquartered in the Netherlands, has opened a new facility in Johor.

NTT DATA Payment Services Launches Integrated Payment Solutions 'ADAPTIS'

KUALA LUMPUR, May 8 (Bernama) -- NTT DATA Payment Services has launched a comprehensive suite of integrated payment solutions designed to meet the evolving needs of modern businesses known as ADAPTIS.

Malaysia Earns World Bank Praise For Halal Certification, Egg Price Reform

KUALA LUMPUR, May 6 (Bernama) -- The World Bank has commended Malaysia for its mutual halal certification agreement with Indonesia and the gradual removal of egg price controls, describing them as bright spots in the country’s economic landscape.