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MITI Reviews Five Legislations To Strengthen Industrial Development

KUALA LUMPUR, Feb 14 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is reviewing five legislations to strengthen industrial development which the ministry intends to present to parliament this year.

Bursa Malaysia Ends Morning Session Flat Weighed Down By Global Uncertainties

By NurulJannah Kamaruddin

KUALA LUMPUR, Feb 14 (Bernama) -- Bursa Malaysia ended almost flat in the morning session weighed down by global trade war uncertainties and their possible impact on US inflation.

Malaysia's RE Sector Seen Entering 'Supercycle' As Country Accelerates Energy Transition

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia's renewable energy (RE) sector is expected to enter a “multi-decade supercycle” as the country accelerates its energy transition.

Bursa Malaysia Stages Mild Rebound

By NurulJannah Kamaruddin

KUALA LUMPUR, Feb 14 (Bernama) -- Bursa Malaysia rebounded slightly after shrinking in the previous session mirroring Wall Street’s recovery, but sentiment remains weak due to uncertainties over US inflationary pressures.

Ringgit Opens Higher Against US Dollar, ASEAN Currencies Ahead Of GDP Data Release

By Engku Shariful Azni, Fatin Umairah Abdul Hamid & Karina Imran

KUALA LUMPUR, Feb 14 (Bernama) -- The ringgit continues to strengthen against the US dollar and ASEAN currencies ahead of Malaysia’s 2024 gross domestic product (GDP) data release today, said an analyst.

MIDF Sees Malaysia's Fourth Quarter GDP Growth At 4.8 Pct

KUALA LUMPUR, Feb 13 (Bernama) -- MIDF Amanah Investment Bank Bhd sees Malaysia’s gross domestic product (GDP) growth for the fourth quarter of 2024 (4Q 2024) at 4.8 per cent, similar to the government’s advance estimate.

Bursa Malaysia Slides As US Inflation Data Strengthens Fed Rate-hold Outlook

KUALA LUMPUR, Feb 13 (Bernama) -- Bursa Malaysia ended with notable declines as the latest United States inflation data strengthened expectations that the Federal Reserve (Fed) would maintain interest rates.

Trident To Deploy National Digital Identity System For Democratic Republic Of The Congo

KUALA LUMPUR, Feb 13 (Bernama) -- Singapore-based Trident Digital Tech Holdings Ltd (Trident) has signed an implementation agreement with the Ministry of Posts, Telecommunications, and Digital Technology of the Democratic Republic of the Congo (DRC), marking the beginning of the deployment of the national digital identity system.

Malaysia's Natural Rubber Production Fell 5.1 Pct In December 2024 To 38,299 Tonnes -- DOSM

KUALA LUMPUR, Feb 13 (Bernama) -- Malaysia’s natural rubber (NR) production fell 5.1 per cent to 38,299 tonnes in December 2024, compared to 40,341 tonnes in November 2024, according to the Department of Statistics Malaysia (DOSM).

Economy Ministry To Launch Natural Gas Roadmap By Third Quarter This Year -- Rafizi

KUALA LUMPUR, Feb 13 (Bernama) -- The Ministry of Economy will launch the Natural Gas Roadmap in the second or third quarter of this year to ramp up investments into the sector, said its minister Datuk Seri Rafizi Ramli today. 

Capital A, AAX Stocks Up After Positive 4Q Operating Stats

KUALA LUMPUR, Feb 13 (Bernama) -- Capital A Bhd and AirAsia X Bhd’s (AAX) shares rose after the release of their positive fourth-quarter financial year 2024 (4QFY24) operating statistics.

Access To Financing Among Challenges For Gas Industry In Transitioning To Cleaner, Sustainable Energy

KUALA LUMPUR, Feb 13 (Bernama) -- The gas industry needs to address the right challenges especially in securing access to financing, while transitioning towards cleaner and more sustainable energy.