LATEST NEWS   Targeted RON95 petrol subsidy cap for e-hailing and gig workers maintained at 800 litres - PM Anwar | Malaysia is still a centre very actively attracting investments despite the world facing turmoil and conflicts -- PM Anwar | BUDI95 individual quota temporarily adjusted from 300 litres to 200 litres per month effective April 1 - PM Anwar | West Asia conflict: Sabah, Sarawak to continue enjoying subsidised diesel at RM2.15 per litre despite price surge - PM Anwar | PM Anwar hopes the public understands that the reduction of the BUDI RON95 subsidy quota was made after careful consideration | 

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Two-year MADANI Govt: Turning Challenges Into Accomplishments

KUALA LUMPUR, Nov 21 (Bernama) -- In just two years of being in power, the MADANI government has reached a pivotal turning point in Malaysia's economic reforms, alongside efforts to address inefficiencies in state-owned entities, building on the resilient economic foundation laid in its first year.

Selangor Records RM90.21 Bln Investment In Manufacturing And Services Sectors

SHAH ALAM, Nov 20 (Bernama) -- A total of 2,132 investment projects in the manufacturing and services sectors have been approved in Selangor from 2023 to June 2024, with a combined investment value of RM90.21 billion, said Selangor Exco for Investment, Trade, and Mobility Ng Sze Han.

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.

Malaysia's Smart City Framework Yielding Impactful Results - Gobind 

BARCELONA, Nov 6 (Bernama) -- Malaysia's Smart City Framework, which aims to bring local cities up to global smart city standards, is generating impactful results, as evidenced by Kuala Lumpur's impressive leap of 16 spots in the latest Institute for Management Development (IMD) Smart City Index.

Rubber Market Likely To Trade Within Range Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 2 (Bernama) -- The local rubber market is expected to trade range-bound, with re-stocking activities balancing prices and demand amid subdued, coupled with uncertain market sentiment, said industry expert Denis Low.

 

Stable Prices Expected Following September PPI Decline - MIDF

KUALA LUMPUR, Oct 29 (Bernama) -- MIDF Amanah Investment Bank Bhd expects selling prices in Malaysia to remain stable following a decline in the producer price index (PPI) in September 2024.

Malaysia's Inflation Likely To Trend At 2.9 Pct In 2025 -- Allianz

KUALA LUMPUR, Oct 24 (Bernama) -- Malaysia’s inflation is likely to trend at 2.3 per cent in 2024 and 2.9 per cent in 2025, compared to Bank Negara Malaysia’s (BNM) forecast of between 2 per cent and 3.5 per cent for 2024, Allianz SE chief economist Ludovic Subran said.

Minimal Impact Of Minimum Wage, Foreign Worker Levy On Infrastructure Supply Chain -- Analysts

KUALA LUMPUR, Oct 21 (Bernama) -- CIMB Securities Sdn Bhd foresees minimal impact from the proposed hikes in minimum wages to RM1,700 and foreign worker levies on the local infrastructure supply chain.

Strong Economic Fundamentals, Ringgit Appreciation Boost Investor Confidence - MoF

KUALA LUMPUR, Oct 18 (Bernama) — Malaysia’s strong economic fundamentals and favourable growth prospects will enable the country to attract high-quality investments and position Malaysia as a preferred destination for investors.

AITO Completes 15,000-km Eurasian Expedition, Lands In Paris

KUALA LUMPUR, Oct 16 (Bernama) -- The "Eurasian Tour with AITO", an expedition from AITO’s Super Factory in Chongqing, has completed a 38-day journey covering about 15,000 kilometres (km), arriving in Paris to attend the 90th Paris Motor Show.

Malaysia Increasingly Attractive To Foreign Investors -- UBS Global Research

KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia has become increasingly attractive to foreign investors due to several factors, such as the country’s political stability and track record in exercising fiscal responsibility, said UBS Global Research. 

RHB Positive On Guan Chong MoU With Ivory Coast's CCC, Maintains 'Buy' Call

KUALA LUMPUR, Oct 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on cocoa manufacturer Guan Chong Bhd's (Guan Chong) recent memorandum of understanding (MOU) with Ivory Coast's Conseil du Café-Cacao (CCC) to acquire a 25 per cent stake in CotéTranscao d’Ivoire (CI).