1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- Bank Negara Malaysia (BNM) is currently fine-tuning a proposal from the Reserve Bank of India (RBI) to develop a Local Currency Settlement Framework (LCSF) to enhance the use of the Malaysian ringgit and Indian rupee in bilateral trade, said the Ministry of Investment, Trade and Industry (MITI).
1y ago
JAKARTA, Dec 3 (Bernama) -- The Malaysian embassy together with the main agencies are working to strengthen the export of halal products to Indonesia, with bilateral trade between the two countries expected to reach US$25 billion (RM111.25 billion) to US$26 billion (RM115.7 billion) this year.
1y ago
From Mohd Shukri Ishak
SEOUL, Nov 26 (Bernama) -- Prime Minister Menteri Datuk Seri Anwar Ibrahim’s three-day working visit to South Korea, which ends today, has generated potential investments worth RM32.8 billion for Malaysia.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- Cuba and Malaysia should forge deeper partnerships in biotechnology and pharmaceuticals, particularly in producing vaccines, including halal vaccines that would cater to the local demographics, Cuban Ambassador to Malaysia Florentino Batista Gonzalez said.
1y ago
KUALA LUMPUR, Nov 22 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) and the Vietnam Trade Promotion Agency (VIETRADE) have taken a significant step in collaborating strategically to create new business opportunities, enhance economic resilience, and drive bilateral trade growth.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Malaysian businesses are encouraged to explore investment opportunities in Kenya, especially in the agriculture sector, which requires smart farming techniques and industrialised know-how, as well as in the halal industry.
1y ago
LIMA (Peru), Nov 15 (Bernama) -- A “scoping exercise” to strengthen the Malaysia-New Zealand Free Trade Agreement (MNZFTA) will cover new areas of cooperation such as digital trade and halal recognition, according to the Minister of Investment, Trade and Industry, Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- Malaysia’s removal from the United States Treasury’s (Treasury) monitoring list indicated that the country’s economic and foreign exchange policies are now viewed as balanced and transparent, said an economist.
1y ago
LIMA (Peru), Nov 14 (Bernama) — Malaysia hopes to contribute to the infrastructure development in Chancay Port, located around 80 km north of Peru’s capital, Lima, Prime Minister Datuk Seri Anwar Ibrahim said today.
1y ago
LIMA (Peru), Nov 14 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today stressed the importance of strengthening ties with the Global South, highlighting the vast untapped potential and emerging opportunities in this region.
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- The government aims to reduce the fiscal deficit to three per cent in the medium term, as outlined in the MADANI Economy framework and the Public Finance and Fiscal Responsibility Act 2023 (Act 850).
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Nov 10 (Bernama) -- Sapangar Bay Container Port (SBCP), through the synergy between Dubai-based DP World Plc and Sabah Ports Sdn Bhd (SPSB), is poised to integrate into DP World’s global network, strategically enhancing its role within Southeast Asia’s archipelagoes and enabling it to leverage the region’s rapid export growth.