Malaysia's Removal From US Currency Watch List Affirms Ringgit's Market-driven Status - BNM Governor

KUALA LUMPUR, Nov 15 (Bernama) -- Bank Negara Malaysia (BNM) welcomed Malaysia’s removal from a US currency manipulation watch list, affirming the ringgit’s market-driven status.

Bursa Malaysia Pares Gains To Head Lower At Midday

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 15 (Bernama) -- Bursa Malaysia pared earlier gains to head into the midday break lower, with selling pressure seen across the board despite the release of positive third-quarter gross domestic product (GDP) figures released at noon.

Strong Investments, Exports Drive Malaysia's Third Quarter GDP Growth To 5.3 Pct

KUALA LUMPUR, Nov 15 -- The Malaysian economy expanded by 5.3 per cent in the third quarter of 2024 (3Q 2024), driven by strong investment activities and continued improvement in exports.

Glide Technology Expects To Rake In RM30 Mln From Sales Of New Transformer Oil

KUALA LUMPUR, Nov 14 (Bernama) -- Glide Technology Sdn Bhd expects to rake in RM30 million in sales for the next five years during the commercialisation of the Malaysian Palm Oil Board (MPOB)-Glide palm oil ester-based transformer oil.

MPOB: US Trade Policy Changes To Have Minimal Impact On Palm Oil Sector

BANGI, Nov 14 (Bernama) -- Projected changes in the United States' (US) trade policy are not expected to significantly impact the country's palm oil sector following Donald Trump's victory in the recent US presidential election, the Malaysian Palm Oil Board (MPOB) said today.

Digital Transformation Fuels Growth, Resilience For Malaysian SMEs

KUALA LUMPUR, Nov 14 (Bernama) -- Malaysian small and medium enterprises (SMEs) are using digital solutions to navigate market disruptions and expand their reach, according to market observers.

MATRADE Committed To Support Local MTC Business Expansion To Regions With Potential

KUALA LUMPUR, Nov 14 (Bernama) -- The Malaysian External Trade Development Corporation (MATRADE) will be committed to continue supporting the business expansion of local mid-tier companies (MTC) to other regions with potential, including the Middle East, Africa and Latin America.

Malaysia Hopes To Contribute To Infrastructure Development In Peru’s New Chancay Port

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.

PM Anwar Calls For Robust Collaboration With Global South

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.

CPO Futures Close Lower On Weaker Export

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 13 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday, reversing recent gains as a slowdown in exports weighed on prices, a dealer said.

Malaysia To Ensure Its CCUS Industry Takes Off As Soon As Possible - Rafizi

PUTRAJAYA, Nov 13 (Bernama) -- Malaysia must ensure its carbon capture, utilisation, and storage (CCUS) industry takes off as soon as possible amid increasing competition from other countries, said Economy Minister Rafizi Ramli. 

Ahmad Zahid Arrives In UAE For Seven-day Official Visit

From Zarul Effendi Razali

ABU DHABI, Nov 13 (Bernama) -- Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi has arrived at the United Arab Emirates (UAE) for his first official visit to the gulf country.