Bursa Malaysia Bucks Regional Trend To End Higher, Blue Chips Keep CI Above 1,600

KUALA LUMPUR, Nov 26 (Bernama) -- Bursa Malaysia bucked the mostly weaker regional market trend at the close today, with a stellar performance by heavyweights supporting the key index to stay above the psychologically 1,600 level.

Malaysia's September LI Up 1.8 Pct, Shows Continued Economic Growth -- DOSM

KUALA LUMPUR, Nov 25 (Bernama) -- Malaysia's leading index (LI) remained positive in September 2024, recording a 1.8 per cent annual growth to reach 111.5 points versus 109.5 points in the same month a year ago, said Statistics Department Malaysia (DOSM).

BNM's International Reserves Rise To US$118.0 Bln As At Nov 15, 2024

KUALA LUMPUR, Nov 22 (Bernama) -- Malaysia’s international reserves rose to US$118.0 billion (US$1=RM4.46) as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.

Tesla Using Components From Local Suppliers, Involved In Technology Transfer -- MITI

KUALA LUMPUR, Nov 21 (Bernama) -- US electric vehicle (EV) maker Tesla has used components from about 45 local suppliers directly or indirectly to date, which also involves technology transfer to the suppliers, according to the Investment, Trade and Industry Ministry (MITI).

Bank Rakyat Issues Inaugural RM500 Mln ASEAN Sustainability SRI Sukuk

KUALA LUMPUR, Nov 21 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat), via Imtiaz Sukuk II Bhd, has issued its maiden RM500 million ASEAN Sustainability SRI (Sustainable and Responsible Investment) Sukuk.

MATRADE Surpasses RM300 Mln In Trade Prospects At 7th CIIE

KUALA LUMPUR, Nov 19 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has recorded over RM300 million in trade prospects at the 7th China International Import Expo (CIIE) in Shanghai, exceeding its initial target of RM160 million.  

Malaysia Spends RM150 Mln On Vietnamese Rubber To Meet Rising Industry Demand

By Vijian Paramasivam

PHNOM PENH, Nov 19 (Bernama) -- Malaysia procured 24,800 tonnes of Vietnamese rubber worth US$35.2 million (RM150 million) from January to October 2024 to meet the rising needs of the country’s diversifying rubber industry. 

New Keyto MY Plant To Advance Malaysia’s High-tech Industry - MIDA

KUALA LUMPUR, Nov 19 (Bernama) -- Keyto MY Sdn Bhd's new fluid manufacturing facility in Batu Kawan, Penang, is set to enhance Malaysia's industrial capabilities and diversify its high-tech manufacturing sector.  

Anwar’s Brazil Visit Secures RM6.8 Bln Export Potential

From M. Saraswathi

RIO DE JANEIRO (Brazil), Nov 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s inaugural visit to Brazil has generated export potential worth RM6.8 billion (US$1.57 billion) over the next three to five years.  

Govt Offers Various Initiatives, Incentives To Drive Local Automotive Industry - MITI

KUALA LUMPUR, Nov 18 (Bernama) -- The government has introduced various initiatives and incentives to enhance the capacity of the local automotive industry, aiming to increase exports of vehicles, including spare parts and components, according to the Ministry of Investment, Trade, and Industry (MITI).

Three Local Companies Conducting Feasibility Study For OTEC Development - Hajiji

KOTA KINABALU, Nov 18 (Bernama) -- The Sabah Energy Council (MTS) has given the nod to three local companies to conduct feasibility study as a proactive measure to involve local industry players in the development of ocean thermal energy conversion (OTEC) technology in Sabah.

PM Anwar's Visit To Brazil Strengthens 65 Years Of Diplomatic Relations, Trade

From M. Saraswathi

LIMA (Peru), Nov 16 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim's maiden official visit to Brazil from November 16 to 19 will further strengthen 65 years of diplomatic relations and increase trade and investment opportunities, said Foreign Minister Datuk Seri Mohamad Hasan.