Lower EPF Contribution For Foreign Workers Reduces Overall Wage Expenditure

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 5 (Bernama) -- The government’s decision to set the Employees Provident Fund (EPF) contribution rate for foreign workers at two per cent — lower than the initially proposed 12 per cent — helps employers reduce overall wage expenditure.

Malaysia, Uzbekistan Eye Joint Industrial Zone In Uzbekistan

KUALA LUMPUR, Feb 5 (Bernama) -- Malaysia and Uzbekistan see promising prospects to jointly establish an industrial zone in Uzbekistan.

Canada-in-Asia Conference In Singapore To Focus On Key Sectors, Partnerships

KUALA LUMPUR, Feb 3 (Bernama) -- The Asia Pacific Foundation of Canada (APF Canada) and Universities Canada are set to host the third annual Canada-in-Asia Conference (CIAC2025) from Feb 19 to 21, at the Raffles City Convention Centre in Singapore. 

Bursa Malaysia Closes Lower Amid Heightened Risk Aversion

By Harizah Hanim Mohamed

KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia finished easier on the first trading day of February as heightened risk aversion gripped the market following the United States (US) President Donald Trump’s administration's announcement of new tariffs.

Research Shows People Seek Aesthetic Treatments To Match Inner Self With Outward Appearance

KUALA LUMPUR, Feb 3 (Bernama) -- Merz Aesthetics, the world’s largest dedicated medical aesthetics company, has unveiled the results of its inaugural global study, Pillars of Confidence: Global Insights on Aesthetics and Self-Affirmation.     

Malaysia Well-positioned With AI-ready Data Centres - Juwai IQI

KUALA LUMPUR, Feb 3 (Bernama) -- Malaysia is well positioned for a world where artificial intelligence (AI) dominates data centre development, as not all data centres are suitable to support the coming AI boom, said global real estate agency Juwai IQI. 

Americhem's R&D Centre In India To Enhance Colour Development, Customer Support

KUALA LUMPUR, Feb 3 (Bernama) -- Americhem Inc has launched a new research and development (R&D) centre in Silvassa, India, located at Olive Industrial Park, to strengthen its service capabilities across India and Southeast Asia.

Gold Futures Expected To Trade Higher Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Feb 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to maintain an upward bias next week, trading within the US$2,775 per troy ounce to US$2,825 per troy ounce range, driven by strong physical demand in Asia and speculative interest from the Western markets.

Rubber Market To Be Balanced Next Week, Amid Rainfall, CNY Supply Disruptions

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Feb 1 (Bernama) -- Rubber market prices are expected to be trading at equilibrium next week, with supply and demand dynamics offsetting each other due to the incessant rains in rubber-producing countries and the long Chinese New Year (CNY) holidays, said industry expert Denis Low.

Bursa Malaysia Open Marginally Higher But Turns Lower Thereafter

KUALA LUMPUR, Jan 31 (Bernama) -- Bursa Malaysia opened marginally higher but turned lower thereafter, weighed by cautious sentiment despite Wall Street’s positive overnight performance, an analyst said.

Air Cargo Demand Soars 11.3 Pct In 2024, Surpassing 2021 Record -- IATA

KUALA LUMPUR, Jan 29 (Bernama) -- Global air cargo markets made significant strides last year, with demand rising 11.3 per cent in cargo tonne-kilometres (CTK) compared to 2023, surpassing the record volumes set in 2021, according to the International Air Transport Association (IATA).

Ringgit Closes Marginally Lower As Dollar Strengthens Amid Trump’s Tariff Rhetoric

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit closed marginally lower today, pressured by a stronger greenback amid heightened tariff rhetoric from United States President Donald Trump, which lifted the dollar’s strength in broader markets.