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Petronas To Continue Its Function, Activities In Line With Petroleum Development Act 1974

PUTRAJAYA, May 21 (Bernama) -- Petroliam Nasional Bhd (Petronas) will continue to fulfil its function, activities, responsibilities and obligations as mandated under the Petroleum Development Act 1974 (PDA 1974) and related regulations.

Malaysia’s Islamic Finance Assets To Grow 36 Pct By 2028 -- Standard Chartered

KUALA LUMPUR, May 19 (Bernama) -- Malaysia's Islamic finance assets are projected to grow by 36 per cent by 2028, contributing to the global Islamic finance market, which is expected to reach US$7.5 trillion (US$1 = RM4.29) by then, said Standard Chartered Bank Malaysia Bhd.

Malaysia Poised To Lead EV, Battery Manufacturing Sector In ASEAN -- MARii

KUALA LUMPUR, May 19 (Bernama) -- Malaysia’s strong electrical and electronics (E&E) sector positions the nation to lead the electric vehicle (EV) and battery component manufacturing sector to support the growing demands of the regional mobility ecosystem in ASEAN.

Economic Resilience Bolsters US Investor Confidence In Malaysia -- AMCHAM

KUALA LUMPUR, May 17 (Bernama)  -- Malaysia’s economic growth of 4.4 per cent in the first quarter of 2025 (1Q 2025) is a positive indicator of resilience and broadly reflects the stable business environment experienced by members of the American Malaysian Chamber of Commerce (AMCHAM).

No Decision Yet On EUDR Low Risk Status For Malaysian Palm Oil, Benchmarking Ongoing – Envoy

KUALA LUMPUR, May 16 (Bernama) -- The European Union (EU) has yet to determine whether Malaysia will be classified as a low risk country under its upcoming country benchmarking system for the EU Deforestation Regulation (EUDR), said EU Ambassador to Malaysia Rafael Daerr.

APEC Must Scale Up Capacity-Building Efforts To Support Sustainable Trade -- Tengku Zafrul

KUALA LUMPUR, May 16 (Bernama) -- Malaysia has called for greater investment in capacity building across Asia-Pacific Economic Cooperation (APEC) member economies to support the transition to sustainable trade. 

HLIB Optimistic On Malaysia's RE Sector, Retains 'Overweight' Call

KUALA LUMPUR, May 15 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is optimistic about Malaysia’s renewable energy (RE) sector due to its strong structural themes and positive earnings growth cycle, maintaining its ‘overweight’ call on the industry.

SC Signs IOSCO EMMoU To Strengthen Market Integrity, Safeguard Investor Interests

KUALA LUMPUR, May 14 (Bernama) -- The Securities Commission Malaysia (SC) today signed the International Organisation of Securities Commissions’ (IOSCO) Enhanced Multilateral Memorandum of Understanding concerning consultation and cooperation and the exchange of information (EMMoU), highlighting its commitment towards maintaining market integrity and safeguarding investor interests.

Malaysia Should Leverage US-China Tariff Pause To Reposition Itself -- Economists

By Naveen Prabu Kuppusamy

KUALA LUMPUR, May 14 (Bernama) -- The 90-day tariff pause between the United States (US) and China offers Malaysia a critical opportunity to reposition itself economically, according to economists.

Sarawak Sustainability Blueprint To Be Unveiled At ACC 2025

KUCHING, May 11 (Bernama) -- The Sarawak Sustainability Blueprint, a comprehensive framework outlining strategic priorities to guide the state towards a low-carbon future, will be one of the highlights at the May 29-30 Asia Carbon Conference (ACC 2025) at the Borneo Convention Centre Kuching (BCCK).

Malaysia Imposes Anti-dumping Duties On Pet Imports From China, Indonesia

KUALA LUMPUR, May 7 (Bernama) -- Malaysia has imposed definitive anti-dumping duties on imports of Polyethylene Terephthalate (PET) from China (from 2.29 per cent to 11.74 per cent), and Indonesia (37.44 per cent), effective today.

SMEs urged To Play Active Role in Sustainable Industry, SDG Goals -- Nik Nazmi

KUALA LUMPUR, May 6 (Bernama) -- The small and medium enterprise (SME) industry is urged to be more actively involved in businesses that emphasise sustainability elements, including the implementation of the sustainable development goals (SDGs).