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Malaysian Cocoa Board To Enhance Cocoa Industry's Competitiveness Via R&D

KOTA KINABALU, May 26 (Bernama) -- The Malaysian government, through the Malaysian Cocoa Board (MCB), plays a key role in driving cocoa research and development (R&D) to boost the industry’s competitiveness.

Maybank Net Profit At RM2.59 Bln, Driven By Corporate Banking

KUALA LUMPUR, May 26 (Bernama) -- Malayan Banking Bhd (Maybank) net profit has risen to RM2.59 billion in the first quarter ended on March 31, 2025 (1Q FY2025) from RM2.49 billion a year ago, driven by the group’s corporate banking and global markets segment.

Ringgit Opens Higher Against Greenback On Lower US Dollar Index

By Danni Haizal Danial Donald

KUALA LUMPUR, May 23 (Bernama) -- The ringgit opened stronger against the US dollar on Friday, due to a weaker US Dollar Index (DXY) amid mixed economic data, said an analyst.

Citadel Trustee Targets RM10 Bln Aum In Five Years Via Citadel Dynasty Trust

KUALA LUMPUR, May 20 (Bernama) -- Citadel Trustee Bhd, through its private wealth planning trust Citadel Dynasty Trust (CDT), expects to achieve its asset under management (AUM) target of RM10 billion within five years of the trust’s launch.

Malaysia To Lead Regional Grid Integration Starting With Vietnam-Singapore Link — Anwar

PUTRAJAYA, May 21 (Bernama) -- Malaysia will spearhead the first phase of an ambitious regional power grid integration plan, beginning with an economically viable connection between Vietnam, northern Malaysia and Singapore, said Prime Minister Datuk Seri Anwar Ibrahim.

Affin-AMMB Merger Will Be Dilutive Due To Significant New Shares Issuance - CIMB Securities

KUALA LUMPUR, May 21 (Bernama) -- CIMB Securities Sdn Bhd expects the potential merger between Affin Bank Bhd and AMMB Holdings Bhd to entail significant issuance of new shares, which will likely be quite dilutive.

China Backs ASEAN-GCC-China Summit, Sees Malaysia As Key Regional Partner

By Kisho Kumari Sucedaram

BEIJING, May 21 (Bernama) -- China has expressed strong support for the upcoming ASEAN-GCC-China Summit, underscoring the importance of enhanced cooperation among Southeast Asia, the oil-ric

ASEAN, Dialogue Partners Reaffirm Support For Rules-Based Multilateral Trading System - MITI

KUALA LUMPUR, May 20 (Bernama) – The ASEAN Economic Ministers’ (AEM) consultations with China, Australia, New Zealand (NZ) and Japan have separately reaffirmed commitment to a rules-based multilateral trading system, with the World Trade Organisation at its core.

CT Group Showcases Advanced Tech At National Assembly Exhibition

KUALA LUMPUR, May 20 (Bernama) -- CT Group was among a select group of private enterprises invited to participate in a special exhibition held at the National Assembly Building, Hanoi, aimed at implementing Vietnam’s Resolution No. 68-NQ/TW on private economic development.

Malaysian Delegation In China To Boost Ties In Palm Oil Sector

KUALA LUMPUR, May 18 (Bernama) – Malaysia is strengthening its strategic trade ties with China through a week-long official mission led by Deputy Minister of Plantation and Commodities Datuk Chan Foong Hin, aimed at unlocking new market potential for palm oil and promoting innovation in downstream products.

Malaysia Emphasises Resilience, Inclusivity In Trade At APEC MRT Meeting

From Muhammad Muzammil Abdullah

JEJU (South Korea), May 17 (Bernama) -- Malaysia today reiterated its commitment to fostering a resilient, inclusive, and future-ready trade environment during the 31st Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade (MRT) Meeting, which just concluded in Jeju, South Korea. 

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.