1y ago
KUALA LUMPUR, Sept 30 (Bernama) --The official reserve assets amounted to US$116.77 billion, while other foreign currency assets amounted to US$88.9 million as at end-August 2024, said Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- International express services provider DHL Express today announced an average price increase of 6.9 per cent for 2025, effective from Jan 1.
1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- Despite a thriving operation in major ASEAN countries, AirAsia’s persistent difficulty in obtaining an operating licence in Singapore highlights a key challenge in the aviation sector—the conflict between national protectionism and the need for open competition.
1y ago
From Durratul Ain Ahmad Fuad
TOKYO, Sept 29 (Bernama) -- The Malaysia Digital Economy Corporation (MDEC) and the Malaysia External Trade Development Corporation (MATRADE) have facilitated over 150 potential business matches for 10 Malaysian studios and companies during the four-day Tokyo Game Show (TGS) 2024 held from Sept 26-29, 2024.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Sept 29 (Bernama) -- An economist hopes the government will announce initiatives to improve Malaysia’s international trade policies, especially within the ASEAN region, when tabling Budget 2025 as part of the efforts to spur further economic growth.
1y ago
By Erma Idayu Mohd Yusof
GEORGE TOWN, Sept 29 (Bernama) -- Precious metal company Public Gold is planning to have 200 automated teller machines (ATMs) to dispense gold products by the end of 2025 to make it easier for people to buy physical gold.
1y ago
KUALA LUMPUR, Sept 28 (Bernama) -- U Mobile and Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia) have inked a memorandum of understanding (MoU) to explore and promote the adoption and commercialisation of 5G-powered applications, solutions and intelligent services for Malaysian businesses, collectively known as X2B.
1y ago
JAKARTA, Sept 28 (Bernama) -- The renewal of the Local Currency Bilateral Swap Agreement (LCBSA) between Malaysia and Indonesia enables the exchange of local currencies between Bank Negara Malaysia (BNM) and Bank Indonesia (BI) with a value amounting to RM24 billion or IDR82 trillion for five years.
1y ago
VIENTIANE (LAOS), Sept 28 (Bernama) -- As the host of the ASEAN Summit 2025, Malaysia is committed to ensuring that the ASEAN Power Grid (APG) strategic initiative can be finalised by next year for the benefit of the region.
1y ago
SEPANG, Sept 27 (Bernama) -- The ringgit is expected to continue strengthening, supported by the government's ongoing efforts to enhance economic activity and attract investments into the country.
1y ago
By Karina Imran
KUALA LUMPUR, Sept 27 (Bernama) -- Bursa Malaysia saw another pullback at the close on Friday, largely due to profit-taking in selected heavyweight counters amid a mixed regional performance, said an analyst.
1y ago
KUALA LUMPUR, Sept 27 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Mitsubishi Corporation have signed new agreements to further leverage Petronas’ capabilities in delivering liquefied natural gas (LNG) to international markets, primarily targeting customers in Japan.