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Malaysia Advances 11 Spots In World Competitiveness Ranking 2025

KUALA LUMPUR, June 17 (Bernama) -- Malaysia has jumped 11 spots in the World Competitiveness Ranking (WCR) 2025 to 23rd place -- its best ranking since 2020 -- reflecting the progressive momentum in the country’s economic recovery and reform agenda.

Petronas Unveils P-ETA To Accelerate Energy Industry Workforce Development

KUALA LUMPUR, June 16 (Bernama) -- Petroliam Nasional Bhd (Petronas) and its partners have launched the Petronas Energy Transition Academy (P-ETA) at the Energy Asia 2025 conference here today. 

NX Malaysia Opens Logistics Centre In Penang 

KUALA LUMPUR, June 16 (Bernama) -- Nippon Express (Malaysia) Sdn Bhd (NX Malaysia), a group company of Nippon Express Holdings Inc, has opened a new warehouse facility, the Batu Kawan Logistics Center, near the Batu Kawan Industrial Park in Penang, Malaysia.

MTD Properties Embarks On Two Residential And Industrial Projects In Melaka

MELAKA, June 14 (Bernama) -- MTD Properties Sdn Bhd is set to develop two property projects in Melaka, comprising residential and industrial units, with phased construction expected to begin this year.

13MP Set To Address The Nation's Economic Challenges -- PM Anwar

KUALA LUMPUR, June 13 (Bernama) -- The 13th Malaysia Plan 2026–2030 (13MP) will serve as the jumping-off point in the government’s efforts to address the nation’s economic challenges, according to Prime Minister Datuk Seri Anwar Ibrahim.

SIDEC Targeting 30 Companies To Participate In Retail-X 2025

KUALA LUMPUR, June 12 (Bernama) -- The Selangor Information Technology and Digital Economy Corporation (SIDEC) is targeting to attract 30 companies from five key sectors to participate in its Retail-X programme.

Ringgit Extends Gains Against US Dollar On Tariff Uncertainty

By Siti Noor Afera Abu

KUALA LUMPUR, June 12 (Bernama) -- The ringgit continued to strengthen against the US dollar on Thursday, buoyed by a softer US Dollar Index (DXY), which declined by 0.25 per cent to 98.386 points.

Private Companies Need To Extend Support To Strengthen MSMEs - Ewon

KUALA LUMPUR, June 12 (Bernama) -- More private companies need to step up and extend support in the form of innovative and sustainable financing to micro, small, and medium enterprises (MSMEs), said Minister of Entrepreneur Development and Cooperatives Datuk Ewon Benedick.

Malaysia’s IPI Growth In April Reflects Strong Demand, industrial Vitality

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, June 12 (Bernama) -- Malaysia's Industrial Production Index (IPI) growth in April 2025, driven primarily by a robust manufacturing sector, reflects strong aggregate demand and industrial vitality, an economist said. 

AEM Meeting In July To Fast-track ASEAN DEFA

KUALA LUMPUR, June 12 (Bernama) – Malaysia will convene a special ASEAN Economic Ministerial (AEM) meeting in Bangkok at the end of July to accelerate progress on the Digital Economy Framework Agreement (DEFA).

ASEAN Can Be Fourth-largest Global Economy By 2030 With Sustained Growth

KUALA LUMPUR, June 12 (Bernama) -- ASEAN can become the world’s fourth-largest economy by 2030 if the region maintains a steady gross domestic product (GDP) growth rate of 4.0-5.0 per cent, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

Germany's Mosca Opens Advanced Manufacturing Facility In Johor

KUALA LUMPUR, June 11 (Bernama) -- German company Mosca GmbH has inaugurated its new state-of-the-art manufacturing facility in Ulu Tiram, Johor, representing the company's third expansion in Malaysia since 2009.