Malaysia Ramps Up Infrastructure To Strengthen Global Competitiveness

KUALA LUMPUR, Nov 13 (Bernama) -- Continuous investment in infrastructure projects is helping Malaysia strengthen its position as a regional trade and investment hub while boosting global competitiveness.

Malaysia Charts Ambitious Path Towards Net-zero Emissions, Aims For Regional Leadership In Sustainability

KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia has committed to achieving net-zero greenhouse gas emissions by 2050, positioning itself as a responsible global player in the fight against climate change despite contributing just 0.8 per cent of global emissions.

PM Anwar Arrives In Peru For Official Visit, APEC Leaders Week

LIMA (Peru), Nov 13 (Bernama) -- The aircraft carrying Prime Minister Datuk Seri Anwar Ibrahim touched down at 11.15 pm local time on Tuesday, marking his official visit to the western South American country.

Life Water Bhd's Carbonated Drinks Not Affected By Sugar Tax

KUALA LUMPUR, Nov 13 (Bernama) -- The implementation of the sugar tax announced in Budget 2025 will not affect the carbonated beverages manufactured by Life Water Bhd.

Anwar’s Egypt Visit Unlocks RM4.8 Bln In Export Potential - MITI

KUALA LUMPUR, Nov 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s official visit to Egypt has bolstered Malaysia-Egypt bilateral relations, unlocking RM4.8 billion (US$1.1 billion) in potential export opportunities for Malaysia, according to the Ministry of Investment, Trade and Industry (MITI).

FBM KLCI Futures Open Lower

KUALA LUMPUR, Nov 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives were lower in early trade.

Bursa Malaysia Opens Lower, Tracking Weaker Wall Street Performance

KUALA LUMPUR, Nov 13 (Bernama) -- Bursa Malaysia opened lower today, tracking Wall Street’s weaker performance overnight ahead of US inflation data tonight.

HLIB Expects Malaysia's 3Q GDP Growth To Moderate To 5.3 Pct

KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia’s gross domestic product (GDP) for the third quarter of 2024 (3Q 2024) is expected to moderate to 5.3 per cent year-on-year (y-o-y), supported by continued expansion across most sectors, particularly manufacturing and services, said Hong Leong Investment Bank Bhd (HLIB). 

Ringgit Opens Marginally Higher Against US Dollar

KUALA LUMPUR, Nov 13 (Bernama) -- The ringgit opened marginally higher against the US dollar today despite the US Dollar Index’s (DXY) strengthening, which should accelerate demand for the greenback. 

MIDA Identifies 12 Egyptian Companies Interested In Investing In Malaysia - Tengku Zafrul

From Nashir Mansor

CAIRO, Nov 12 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) through its agency the Malaysian Investment Development Authority (MIDA) has identified 12 leading Egyptian manufacturing companies interested in exploring investment opportunities in Malaysia.

Paragon Globe Secures Right To Develop 3 Land Parcels With RM733.12 Mln GDV

KUALA LUMPUR, Nov 12 (Bernama) -- Paragon Globe Properties Sdn Bhd, a wholly-owned subsidiary of Paragon Globe Bhd (PGB), has secured the rights to develop a 28.94-hectare site in Iskandar Puteri, Johor, with a gross development value (GDV) of RM733.12 million.

Malaysia Seeks To Sustain Economic Growth With China, Focusing On SDGs 

KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia aims to maintain its strong economic growth momentum while prioritising the sustainable development goals (SDGs), with a particular focus on climate change, renewable energy, and emerging technologies -- areas where China has demonstrated significant strength.