LATEST NEWS   At 6 pm, the ringgit rose to 4.0650/0690 versus the US dollar from Wednesday’s close of 4.0670/0715. | MPRC should lead the OGSE sector by building industry capacity, expanding market access and turning overseas opportunities into business outcomes — Akmal Nasrullah | Malaysia and Turkmenistan expected to sign a long-term hydrocarbon cooperation agreement on June 19 as part of efforts to strengthen the energy supply chain -- Akmal Nasrullah | Global supply crisis: Govt strengthening buffer stocks, to accelerate access to critical medicines if needed - Akmal Nasrullah | Global supply crisis: Labour forces rises to 17.33 million people, participation rate remains strong at 70.9 pct in April - Akmal Nasrullah | 

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Development Of Manufacturing Sector Cluster In Central Region Should Be Made Strategic Initiative - PM Anwar

KUALA LUMPUR, Oct 16 (Bernama) -- The development of a special industrial cluster in the manufacturing sector in the Central Region needs to be prioritised as a strategic initiative of the MADANI Government to strengthen the country's position as an investment hub, said Prime Minister Datuk Seri Anwar Ibrahim.

BEV Sales Surge 112 Pct In 1H2024, Reaching 6,617 Units - Tengku Zafrul

KUALA LUMPUR, Oct 16 (Bernama) -- A total of 6,617 battery-powered electric vehicles (BEVs) were sold in the first half of 2024 (1H2024) marking a significant 112 per cent year-on-year surge in the electric vehicle (EV) market, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Lenovo Is FIFA's World Cup Technology Partner

KUALA LUMPUR, Oct 16 (Bernama) -- Chinese multinational technology company, Lenovo has been named the official FIFA technology partner, FIFA’s top-tier sponsorship category, at Lenovo’s annual Tech World innovation event in Seattle, United States (US).

Chinese Companies Should Consider Malaysia As Regional Hub, Set Up Headquarters - Liew

By Zarul Effendi Razali

HAINAN (China), Oct 16 (Bernama) -- Chinese companies should consider Malaysia an ideal destination to set up regional headquarters, from which they can expand internationally through Malaysia, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

Wasco Bags Double Win At The Edge Malaysia's ESG Awards 2024

KUALA LUMPUR, Oct 16 (Bernama) -- Wasco Bhd has achieved a double win at The Edge Malaysia’s Environmental, Social, and Governance (ESG) Awards 2024.

MPOC Expects CPO Prices To Stay Above RM4,000 In October Amid Market Fluctuations

KUALA LUMPUR, Oct 16 (Bernama) -- Crude palm oil (CPO) prices are expected to remain stable above RM4,000 per tonne in October despite ongoing market fluctuations, according to the Malaysian Palm Oil Council (MPOC).

NCER Records RM48.25 Bln Realised Investments In First 9 Months Of 2024 - Anwar

KUALA LUMPUR, Oct 16 (Bernama) -- The Northern Corridor Economic Region (NCER) has successfully realised RM48.25 billion in investments during January to September this year, a 60 per cent growth compared to the same period last year, Prime Minister Datuk Seri Anwar Ibrahim said.

Budget 2025: Call For Government To Address Labour Shortage In Automotive, EV Technology

KUALA LUMPUR, Oct 16 (Bernama) -- Additional funding should be allocated to the Ministry of Transport (MOT) in the upcoming Budget 2025 for electric vehicle (EV) skills training to attract interest and address the current workforce shortage in the automotive sector, particularly in EV technology.

Ringgit Up Vs USD On Trump's Tariff Hike Plan

KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit was marginally higher against the US dollar on Wednesday as the US Dollar Index (DXY) continued to remain elevated after the United States (US) presidential election candidate, Donald Trump revealed his plan to raise import tariffs to protect and grow the US economy.

MSPO Certification: A Step Towards Sustainability, Impact And Challenges For Smallholders

KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Sustainable Palm Oil (MSPO) certification scheme has been introduced as an effort to enhance the sustainability of the palm oil industry in Malaysia, but its implementation has also presented various impacts and challenges, especially for smallholders.

Sarawak Signs MoU With MEASAT To Support Space Industry Development

KUCHING, Oct 15 (Bernama) -- The Sarawak Multimedia Authority (SMA) has signed a memorandum of understanding (MoU) with Malaysia’s premier satellite solutions provider, MEASAT Global Bhd (MEASAT), to enhance Sarawak’s space industry development.

Malaysia Should Seize Opportunity In Global Medical Devices Market - Chang

KUALA LUMPUR, Oct 15 (Bernama) -- Malaysian innovators and manufacturers should seize the opportunity to tap into the immense potential of the global medical devices industry, which is projected to reach nearly US$800 billion by 2030, says Science, Technology and Innovation (MOSTI) Minister Chang Lih Kang.