LATEST NEWS   Malaysia is committed to advance ASEAN’s outward-looking approach built on trust, inclusivity and mutual benefit. - FM Mohamad | Algeria and Uruguay’s accessions to the TAC pave way for deeper cooperation betwen ASEAN and both regions - FM Mohamad | Algeria and Uruguay officially accede to ASEAN’s TAC at 58th AMM in Kuala Lumpur | Bank Negara Malaysia's Monetary Policy Committee has reduced the Overnight Policy Rate by 25 basis points to 2.75 per cent | The ceiling and floor rates of the corridor of the OPR are correspondingly reduced to 3 pct and 2.5 pct, respectively - BNM | 

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Bank Muamalat's New Branch In Melaka Underscores Commitment To Expanding Islamic Banking

MELAKA, June 9 (Bernama) -- The opening of Bank Muamalat Malaysia Bhd’s new branch in Melaka, launched today, strengthens the bank’s commitment to expanding its Islamic banking network and services in the state.

Ameen Products Penetrate African Beverages Market

TELUK INTAN, June 4 (Bernama) -- Beverage product manufacturer Ameen Products Sdn Bhd has successfully penetrated the African market, receiving its first order to export seven flavours of the Ameen brand beverage product to Mali.

India Cuts Import Tax On Crude Edible Oils To 10 Pct - CIMB Securities

KUALA LUMPUR, June 3 (Bernama) -- India has cut the basic import duty on crude edible oils to 10 per cent from 20 per cent, effective May 31, and applies to crude palm oil (CPO), crude soybean oil, and crude sunflower oil.

AirAsia Formalises RM99.5 Mln Charter Service Contract With Malaysian Armed Forces

LANGKAWI, May 22 (Bernama) -- AirAsia has formalised a charter service contract with the Malaysian Armed Forces (MAF) worth RM99.5 million, including special aircraft leasing until Aug 1, 2027, which encompasses daily charters and special charter arrangements covering domestic routes throughout Malaysia.

1Q GDP Growth In Line With Advance Estimates, Higher Than Previous Corresponding Quarter -- MOF

KUALA LUMPUR, May 16 (Bernama) -- A rousing performance across key economic sectors lifted Malaysia’s gross domestic product (GDP) by 4.4 per cent in the first quarter of 2025 (1Q 2025), in line with the GDP advance estimates and higher than the 4.2 per cent growth recorded in 1Q 2024.

Penang Records RM17.3 Bln Approved Manufacturing Investments In 2024 -- CM

GEORGE TOWN, May 1 (Bernama) -- Penang recorded approved manufacturing investments worth RM17.3 billion in 2024, strengthening its position as Malaysia’s leading technology investment and innovation hub, said Chief Minister Chow Kon Yeow.

Malaysia’s Great Shift: Navigating The High Stakes Of Targeted Subsidies

By Siti Radziah Hamzah

KUALA LUMPUR, April 23 (Bernama) -- As Malaysia embarks on one of the most ambitious reforms to its economic framework in recent decades, the issue of targeted subsidy for diesel has taken centre stage.

Khazanah Redirects Raya Meals To Communities In Need Following Open House Cancellation

KUALA LUMPUR, April 19 (Bernama) -- Khazanah Nasional Bhd has redistributed food originally prepared for its Hari Raya Aidilfitri Open House to support nearly 3,000 individuals in need, following the cancellation of the event as a mark of respect for the passing of former Prime Minister Tun Abdullah Ahmad Badawi.

Tun Abdullah's Leadership And Foresight Leave Lasting Impact On Malaysia's Economic Landscape

KUALA LUMPUR, April 14 (Bernama) -- Former Prime Minister Tun Abdullah Ahmad Badawi’s leadership and foresight were instrumental in laying the foundation for Malaysia’s economic corridor initiatives, which have left a lasting impact on the country’s economic landscape, said the East Coast Economic Region Development Council (ECERDC).

Ex-PM Abdullah: Champion Of Balanced Economic Growth, Human Capital Development And Halal Industry

By Nor Baizura Basri and Harizah Hanim Mohamed

KUALA LUMPUR, April 14 (Bernama) – Tun Abdullah Ahmad Badawi, fondly known as Pak Lah, was a man with a demure personality, but he had a big heart for doing what was best, equitable and right for Malaysia and its people.

PHB Group Declares 2.50 Sen Interim Income Distribution For AHB

KUALA LUMPUR, April 8 (Bernama) -- Pelaburan Hartanah Bhd (PHB) and PHB Asset Management Bhd (PHBAM) have announced an interim income distribution of 2.50 sen per unit for its shariah-compliant unit trust, Amanah Hartanah Bumiputera (AHB), for the six-month period ended March 31, 2025.

Petronas Gas Extends Aid To Communities Affected By Putra Heights Pipeline Fire

KUALA LUMPUR, April 8 (Bernama) -- Petronas Gas Bhd (PGB) has activated its crisis and emergency response teams and swiftly mobilised resources, including volunteers, to assist and support individuals and families affected by the recent gas pipeline fire incident in Putra Heights.