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.

Sarawak Projects Up To 6 Pct Economic Growth In 2024 -- Abang Johari

KUCHING, Nov 11 (Bernama) -- Sarawak is projected to experience resilient economic growth of five to six per cent in 2024 due to strong external demand, increased domestic activities and easing inflationary pressures.

InvestMalaysia: Malaysia's Future-proof Policy Frameworks Support Foreign Investors

KUALA LUMPUR, Nov 8 (Bernama) -- Malaysia has introduced future-proof policy frameworks to attract and support foreign investors while advancing its economic ambitions.

Trump Presidency To Enhance Malaysia's Export Potential, FDI Inflows -- CIMB Securities

KUALA LUMPUR, Nov 7 (Bernama) -- Donald Trump’s re-election as the United States (US) President is expected to accelerate the China Plus One strategy, benefitting Malaysia through higher investments and enhanced export potential, particularly in sectors such as electronics, machinery, and palm oil. 

Services Sector Revenue Hits RM618.5 Bln In 3Q, up 5.9 Pct YOY - DOSM

KUALA LUMPUR, Nov 7 (Bernama) -- Services sector revenue in Malaysia grew by 5.9 per cent year-on-year (y-o-y) in the third quarter of 2024 (3Q 2024), reaching RM618.5 billion, according to the Department of Statistics Malaysia (DOSM). 

Bursa Malaysia Reverses Early Losses To End Higher Ahead Of MPC Outcome

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia recouped earlier losses to close higher today as late buying lifted the benchmark index to its intraday high on market expectations that Bank Negara’s Monetary Policy Committee (MPC) will maintain the Overnight Policy Rate (OPR) at its meeting tomorrow.

RM500 Mln To RM1.2 Bln Assets Under Management Expected From Family Office Scheme Within First 5 Years - Amir Hamzah

KUALA LUMPUR, Nov 5 (Bernama) -- The government estimates the range of assets under management (AUM) to be between RM500 million and RM1.2 billion within the first five years of implementing the family office scheme, targeting families from within the country, the region and abroad, such as from the Middle East.

Malaysia Calls On French Business Community To Enhance Cooperation For ASEAN Prosperity

KUALA LUMPUR, Nov 4 (Bernama) -- The government has called on the French business community in the country to enhance cooperation as Malaysia assumes the ASEAN chair next year to create a prosperous community, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

MIDF Aims To Allocate RM200 Mln To SMEs Through Future Ready Financing Initiative

KUALA LUMPUR, Nov 4 (Bernama) -- Malaysian Industrial Development Finance Bhd (MIDF) aims to allocate RM200 million to small and medium enterprises (SMEs) through the newly launched Future Ready Financing (FRF) initiative. 

Takaful Ikhlas Named Takaful Solution Brand Of The Year

KUALA LUMPUR, Oct 30 (Bernama) -- Takaful IKHLAS, a wholly-owned subsidiary of MNRB Holdings Bhd (MNRB) has been named the Takaful Solutions Brand of the Year at the BrandLaureate World Halal BestBrands Awards 2024.

Malaysia's Economy Expands 5.3 Pct In 3Q, Says DOSM Advance Estimates

KUALA LUMPUR, Oct 21 (Bernama) -- Department of Statistics Malaysia (DoSM) has reported that advance estimates indicate Malaysia's economy grew by 5.3 per cent in the third quarter (3Q) of 2024, following a robust 5.9 per cent growth in the preceding quarter.

Govt Proposes 60 Pct Tax Exemption For Smart Logistic Companies - MoF

KUALA LUMPUR, Oct 18 (Bernama) -- The government is proposing an income tax exemption equivalent to an investment tax allowance of 60 per cent on eligible capital expenditure for five years, to be offered to Smart Logistic Complex (SLC) companies, according to the Ministry of Finance (MoF).