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Iran-Israel Conflict Triggered Surge In Global Oil Prices -- MITI

KUALA LUMPUR, Aug 18 (Bernama) --  The Ministry of Investment, Trade and Industry (MITI) said the recent Iran-Israel armed conflict led to a surge in global oil prices, which in turn increased the cost of raw materials and logistics.

Malaysia Concludes FTA Talks With S. Korea, Signing Expected In October – Tengku Zafrul

By Nur Ashikin Abdul Aziz

SINGAPORE, Aug 18 (Bernama) -- Malaysia has concluded negotiations for a free trade agreement (FTA) with South Korea and is expected to sign the agreement in October, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz.

IJM Construction Clinches RM1.4 Bln Johor Data Centre Project

KUALA LUMPUR, Aug 15 (Bernama) -- IJM Construction Sdn Bhd, a wholly owned subsidiary of IJM Corporation Bhd (IJM), has been awarded a RM1.4 billion contract for the construction of a large-scale data centre facility in Johor Bahru.

BNM Maintains 2025 GDP Forecast At 4.0-4.8 Pct Amid Tariff Talks Uncertainty

KUALA LUMPUR, Aug 15 (Bernama) -- Bank Negara Malaysia (BNM) has maintained its 2025 gross domestic product (GDP) projection of between 4.0 per cent and 4.8 per cent, taking into consideration a range of possible outcomes from tariff negotiations, said BNM governor Datuk Seri Abdul Rasheed Ghaffour today. 

Malaysia's Economy Grows 4.4 Pct In 2Q 2025, Driven By Robust Domestic Demand

KUALA LUMPUR, Aug 15 (Bernama) -- The Malaysian economy expanded by 4.4 per cent in the second quarter of 2025 (2Q 2025), equivalent to 4.4 per cent growth in the first half of 2025, driven by robust domestic demand as household spending was higher.

Ringgit Strengthens To 4.18 Vs US Dollar On Fed Rate Cut Hopes, Strong Domestic Fundamentals

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit strengthened to the 4.18 level versus the US dollar, marking its highest point in more than six weeks, buoyed by rising expectations of a United States (US) Federal Reserve (Fed) rate cut cycle and Malaysia’s resilient macroeconomic outlook.

Malaysia, Bangladesh Strengthen Ties With Semiconductor, High-tech Deal

PUTRAJAYA, Aug 12 (Bernama) -- MIMOS Services Sdn Bhd (MSSB), the commercial arm of MIMOS Bhd, will spearhead a series of strategic initiatives aimed at advancing Bangladesh’s semiconductor and high-technology sectors.

Vivax-Metrotech Launches RM48 Mln New Facility In Penang - MIDA

KUALA LUMPUR, Aug 11 (Bernama) -- Vivax-Metrotech Corporation (VXMT), a global leader in advanced utility locating and inspection technologies, has announced the establishment of a new manufacturing facility in Penang, with the investment valued at RM48 million, creating 175 high-skilled jobs.

Malaysia's Construction Sector Growth At 12.9 Pct With Work Done Worth RM43.9 Bln In 2Q 2025

KUALA LUMPUR, Aug 11 (Bernama) -- Malaysia’s construction sector maintained steady growth of 12.9 per cent, with the value of work done reaching RM43.9 billion in the second quarter of 2025 (2Q 2025), following a 16.6 per cent increase in the previous quarter, according to the Department of Statistics Malaysia (DOSM).

Penang’s Medtech Industry A ‘Hidden Gem’ With Strong Growth Potential

By Farhana Poniman

GEORGE TOWN, Aug 10 (Bernama) -- Penang’s medical technology (medtech) industry is rapidly emerging as one of the state’s most promising sectors, driven by strong global demand, robust local capabilities, and a well-established ecosystem. 

MAG’s Boeing Order Tailwinds 13MP’s Economic Blueprint

KUALA LUMPUR, Aug 9 (Bernama) -- Malaysia Aviation Group’s (MAG) purchase of 30 Boeing 737 MAX aircraft is a strategic manoeuvre aligned with the goals of the 13th Malaysia Plan (13MP) for economic transformation, industrial upskilling, and global trade recalibration.

MATRADE Supports RM2.09 Trillion Export Target By 2030

KUALA LUMPUR, Aug 8 (Bernama) — The Malaysia External Trade Development Corporation (MATRADE) supports the country's gross export growth target, averaging 5.8 per cent annually, to reach RM2.09 trillion by 2030.