LATEST NEWS   Ringgit traded at 3.9540 against the US dollar at lunch break | To-date, Malaysia has yet to receive notice or official communication from the United States regarding the timeline to ratify the ART -- Johari. | MITI and its agencies are currently conducting cost-benefit analysis for ART - Johari | Implementation of 120MW power plant project at Rancha-Rancha Industrial Zone will ensure adequate electricity supply in Labuan - DPM Fadillah | Positive economic data have bolstered the ringgit’s strength and standing - PM Anwar | 

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Malaysia’s October Manufacturing PMI Flat At 49.5, New Orders Rising Since June -- S&P Global

KUALA LUMPUR, Nov 1 (Bernama) -- The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) was unchanged at 49.5 in October 2024, with new orders rising for the first time since June 2024.

 

Sweden-Malaysia Economic Ties Flourish, FDI Soars & Semiconductor Sector Emerges As Key Growth Area

KUALA LUMPUR, Nov 1 (Bernama) -- Economic ties between Sweden and Malaysia have flourished over the years, with Swedish foreign direct investment (FDI) in Malaysia soaring to US$1.43 billion (US$1=RM4.37) to date from US$113 million in 2014.

Johor Stands To Gain US$190 Mln Potential Investments From South Korean Firms

JOHOR BAHRU, Oct 30 (Bernama) -- The Johor government has held meetings with several renowned South Korean companies, which can potentially bring strategic investments valued at US$190 million (US$1=RM4.38) into the state.

Malaysia’s Direct Selling Industry Sees New Horizons With Potential BRICS Membership

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 30 (Bernama) – Malaysia’s direct selling industry stands to gain significantly from the country’s interest in joining the BRICS economic bloc, says the Malaysia Direct Distribution Association (MDDA).

World Halal Awards Put Malaysia On Firm Footing To Reap Global US$5 Trillion Market -- HDC

MELAKA, Oct 30 (Bernama) -- The Halal Development Corporation Bhd’s (HDC) World Halal Excellence Awards 2023 (WHEA 2023), now in its 15th year, complements Malaysia’s halal industry ecosystem, and puts it in a strong position to reap the global halal market opportunities, estimated to reach US$5 trillion by 2030. 

Malaysia Collects RM500 Mln In Anti-dumping Duties Between 2016 To June 2024 -- Liew

KUALA LUMPUR, Oct 30 (Bernama) -- Malaysia has collected an estimated RM500 million in anti-dumping duties between 2016 and June 2024 to mitigate the effects of “unfair” imports, said the Ministry of Investment, Trade and Industry (MITI).

Malaysia's Halal Industry Set For Growth Under ASEAN Leadership, Budget 2025

MELAKA, Oct 29 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is set to ensure that Malaysia’s halal industry and small and medium enterprises (SMEs) benefit from ASEAN’s trade and investment policies as Malaysia assumes the ASEAN chairmanship next year.

Malaysia To Drive ASEAN FTA Upgrades To Further Enhance Region's Economic Growth    

KUALA LUMPUR, Oct 29 (Bernama) -- Malaysia is looking forward to the "upgrading" and conclusion of some of the existing free trade agreements (FTAs) with certain countries such as China, India and ASEAN member economies.

Cavli Wireless Recognised For Bringing 'Made In India' IoT Solutions To Global Stage

KUALA LUMPUR, Oct 29 (Bernama) -- Cavli Wireless, an innovator in cellular Internet of Things (IoT) and wireless connectivity solutions, has been named one of the winners of the esteemed Nasscom Emerge 50 Awards for 2024.

Korean Eggdrop Gains Notoriety For Production Support Of Two Chart-topping K-dramas 

KUALA LUMPUR, Oct 29 (Bernama) -- Golden Hind Co Ltd, the food and beverage (F&B) company behind the premium Korean egg sandwich brand EGGDROP, has garnered significant attention for its production support of the tvN romantic comedy drama series 'Love Next Door' and the JTBC family drama series 'Romance in the House'.

Budget 2025 Maintains Gradual Fiscal Consolidation Approach - Fitch Ratings

KUALA LUMPUR, Oct 29 (Bernama) -- Malaysia’s Budget 2025 reaffirms a commitment towards gradual fiscal consolidation from a high debt level compared with peers, according to Fitch Ratings. 

Jumio's Cutting-edge Liveness Detection Guarantees Users Are Real, Not A Spoof

KUALA LUMPUR, Oct 29 (Bernama) -- Jumio, an automated, artificial intelligence (AI)-driven identity verification, risk signals and compliance solutions provider, has unveiled Jumio Liveness, an enhanced, in-house technology designed to address increasingly sophisticated fraud tactics at Money20/20 USA.