LATEST NEWS   Ringgit traded at 3.9540 against the US dollar at lunch break | To-date, Malaysia has yet to receive notice or official communication from the United States regarding the timeline to ratify the ART -- Johari. | MITI and its agencies are currently conducting cost-benefit analysis for ART - Johari | Implementation of 120MW power plant project at Rancha-Rancha Industrial Zone will ensure adequate electricity supply in Labuan - DPM Fadillah | Positive economic data have bolstered the ringgit’s strength and standing - PM Anwar | 

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MIFF Drives Malaysia’s Furniture Industry Growth - Johari

KUALA LUMPUR, March 1 (Bernama) -- The Malaysian International Furniture Fair (MIFF) has been instrumental in shaping and elevating Malaysia’s furniture industry, Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani said.

KPK Aims For RM14 Bln In Wooden Furniture Exports

KUALA LUMPUR, March 1 (Bernama) -- The Ministry of Plantation and Commodities (KPK) aims to achieve RM14 billion in wooden furniture exports, accounting for 50 per cent of Malaysia’s RM28 billion timber export target by 2025. 

EPF declares dividend of 6.30 Pct For Both Simpanan Konvensional, Simpanan Shariah for 2024, Total Payout Amounts RM73.24 Bln

KUALA LUMPUR, March 1 (Bernama) --  The Employees Provident Fund (EPF) board today announced a dividend rate of 6.30 per cent for Simpanan Konvensional, with a total payout of RM63.05 billion, and 6.30 per cent for Simpanan Shariah, with a total payout of RM10.19 billion.

Malaysia Committed To Explore New Ways To Boost Trade, investment With Cuba

KUALA LUMPUR, March 1 (Bernama) -- Malaysia remains committed and welcomes new suggestions on ways to fully realise the trade and investment potential between Malaysia and Cuba.

CPO Futures Likely To Stay Bearish Next Week

KUALA LUMPUR, March 1 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trend lower next week, tracking sluggish export performance, said palm oil trader David Ng.

MBSB Group Opens Commercial Banking Centre At MATRADE To Support SMEs And Mid-sized Companies

KUALA LUMPUR, Feb 28 (Bernama) -- MBSB Group has launched its Commercial Banking Centre at the head office of the Malaysia External Trade Development Corporation (MATRADE) here, further strengthening its commitment to supporting small and medium enterprises (SMEs) and mid-sized companies, particularly those expanding into international markets. 

US Tariff Plans To Be Discussed At 31st ASEAN Economic Ministers' Retreat - Tengku Zafrul

KOTA TINGGI, Feb 28 (Bernama) -- The tariff plans imposed by the United States (US) will be one of the topics discussed at the 31st ASEAN Economic Ministers’ (AEM) Retreat today.

MIHAS Expands Global Footprint With Shanghai Edition Following Dubai Success

KUALA LUMPUR, Feb 27 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) will host the second international edition of the Malaysia International Halal Showcase (MIHAS) in Shanghai, China. 

Coffee Star Forges Strategic Alliance For Expansion Into Saudi Arabia

KUALA LUMPUR, Feb 27 (Bernama) -- Coffee Star, an automated coffee kiosk provider, via its parent company Fario Holdings Sdn Bhd, has signed a strategic partnership deal with Belgium’s Puro Coffee and Saudi Arabia’s Alkeyf Ibtikar to establish a joint venture and tap growing demand in the Middle East country.

Malaysia Produces 386,512 Tonnes Of Natural Rubber In 2024

KUALA LUMPUR, 27 Feb (Bernama) -- Malaysia has produced  386,512 tonnes of natural rubber in 2024, comprising 367,238 tonnes of dry rubber and 19,274 tonnes of latex rubber, said Deputy Minister of Plantation and Commodities Chan Foong Hin.

Kluang Coffee Powder Factory Eyes RM31.5 Mln Revenue In 2025

KOTA TINGGI, Feb 27 (Bernama) -- Local coffee powder manufacturer Kluang Coffee Powder Factory Sdn Bhd aims to achieve RM31.5 million revenue in 2025, up five per cent from RM30 million last year, driven by strong demand from customers in both physical and online marketplaces.

Thai Central Bank Lowers Key Policy Rate To 2 Pct Amid Economic Slowdown

BANGKOK, Feb 26 (Bernama) -- The Bank of Thailand’s (BOT) Monetary Policy Committee (MPC) has voted to cut the policy rate by 0.25 percentage points, bringing it down from 2.25 per cent to 2.00 per cent, effective immediately, in a bid to stimulate economic growth.