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MTCDP Supports Growth Of 348 Mid-tier Companies To Date -- MATRADE

KUALA LUMPUR, Feb 25 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has successfully empowered and guided 348 mid-tier companies (MTCs) across various sectors through its flagship Mid-Tier Companies Development Programme (MTCDP) to date.

Ringgit Slips Against US Dollar As Trump Confirms Tariffs On Mexico, Canada

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 25 (Bernama) -- The ringgit weakened against the US dollar at close today, after reaching a nearly three-week high, highlighting the challenges of breaking below the RM4.40 level following US President Donald Trump's announcement that tariffs on Mexico and Canada would proceed as planned.

Nestle Malaysia's Net Profit Falls To RM415.62 Mln In FY2024

KUALA LUMPUR, Feb 25 (Bernama) -- Nestle (Malaysia) Bhd’s net profit slipped to RM415.62 million in the financial year ended Dec 31, 2024 (FY2024) against RM659.87 million in FY2023.

Malaysia's Economy Shows Resilience Amid Global Uncertainty

KUALA LUMPUR, Feb 25 (Bernama) -- Malaysia is on the right track to unleash its potential as its economy remains on a steady course, bolstered by government reforms and strong economic fundamentals, according to HSBC's ASEAN economist Yun Liu.

Seven States Surpass Nation's Manufacturing Industry Capacity Utilisation Of 81.9 Pct In 4Q 2024 - DOSM

KUALA LUMPUR, Feb 25 (Bernama)  -- Seven states surpassed the nation’s manufacturing industry  capacity utilisation of 81.9 per cent in the fourth quarter of 2024 (4Q 2023: 79.9 per cent) with the first three states being Labuan at 97.9 per, followed by Johor (84.8 per cent) and Pahang (84.6 per cent).

Malaysia To Champion Sustainable Palm Oil – Johari

KUALA LUMPUR, Feb 25 (Bernama) -- Malaysia, the world's second-largest palm oil producer, must take the lead in sustainability, taking bold steps to champion sustainable palm oil, especially as the world increasingly focuses on environmental responsibility.

Bursa Malaysia Derivatives Hits All-time High Of 22.75 Mln Contracts In 2024 -- Abdul Wahid

KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia Derivatives recorded an all-time high of 22.75 million contracts traded across all products in 2024, up 19 per cent from 19.11 million contracts in 2022, said Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar.  

Paris Baguette Goes Big In Malaysia With New Halal Bakery Factory

KUALA LUMPUR, Feb 25 (Bernama) -- SPC Group’s newly established halal-certified food hub in Johor is set to play a pivotal role in the company’s global expansion while reinforcing Malaysia’s position as a key player in the international halal food industry.

Malaysia-Vietnam Bilateral Trade Last Year Jumps 4.4 Pct To US$18.14 Bln - Ambassador

HANOI, Feb 25 (Bernama) -- Bilateral trade between Malaysia and Vietnam last year jumped 4.4 per cent to US$18.14 billion (RM83.11 billion) from US$17.38 billion recorded in 2023, indicating improved trade activities between the two ASEAN member countries.

Sime Darby Expects Tough Competition In Motors Division This Year

PETALING JAYA, Feb 24 (Bernama) -- Sime Darby Bhd expects tough competition in its motors division this year due to an over supply of vehicles from China, according to group chief executive officer Datuk Jeffri Salim Davidson. 

Laksa Johor MakEte Finds Its Way To The UK

By Nur Fatin Mohmad Kedenen

KOTA TINGGI, Feb 24 (Bernama) -- Johor Laksa MakEte from Segamat, produced by a female entrepreneur, has made its way to the United Kingdom (UK) via the Halal Street UK e-commerce platform.

Bursa Malaysia Ends Lower In Tandem With Most Regional Peers 

By Karina Imran

KUALA LUMPUR, Feb 24 (Bernama) -- Bursa Malaysia ended in negative territory on Monday after a lacklustre trading session in tandem with the downbeat performance in most regional markets.