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Ringgit Closes Out 2024 As Top Performer Among Major Asian Currencies

By Norsyafawati Ab Wahab

KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit emerged as the best-performing currency in Asia in 2024, standing out among major regional peers amid a challenging global economic landscape.

Bintulu Port Secures 12-month Extension To Operate Under Third Interim Agreement

KUALA LUMPUR, Dec 31 (Bernama) -- Bintulu Port Holdings Bhd’s wholly owned subsidiary Bintulu Port Sdn Bhd (BPSB) has signed a third interim agreement (IA) with the Ministry of Transport (MOT) and Bintulu Port Authority (BPA) to extend its operation of Bintulu Port for an additional 12 months.

Southern Gateway Economic Corridor To Coordinate High-impact Projects

MELAKA, Dec 31 (Bernama) -- The Southern Gateway Economic Corridor is the best medium for coordinating high-impact development projects that can generate sustainable economic growth.

Capital A To Exit PN17 Status By 1Q 2025 -- Fernandes

SEPANG, Dec 23 (Bernama) -- Capital A Bhd is expected to exit Practice Note 17 (PN17) status by the first quarter of next year after submitting its proposed regularisation plan to Bursa Malaysia Securities Bhd today.

MTEN Discusses Efforts To Make Malaysia A Regional R&D Hub, Direction Of GovTech -- PM Anwar 

KUALA LUMPUR, Dec 5 (Bernama) -- The National Economic Action Council (MTEN) meeting today reviewed two presentation papers related to efforts to make Malaysia a regional research and development (R&D) hub, as well as the direction of GovTech Malaysia.

Biodegradable Packaging Products From Rice Straw Waste To Reach RM60 Mln In Value In 2025

KUALA LUMPUR, Dec 5 (Bernama) -- Biodegradable packaging products made of rice straw waste, which are being produced through a collaboration between Bioeconomy Corporation and BioNexus Status company Free The Seed Sdn Bhd, are projected to reach a market value of RM60 million starting in 2025.

No Proposal For Malaysia To Join New Development Bank So Far -- MITI

KUALA LUMPUR, Dec 5 (Bernama) -- There has been no proposal so far for Malaysia to join the New Development Bank (NDB), according to the Ministry of Investment, Trade and Industry (MITI).

ASEAN SEOM Retreat To Understand Outstanding Issues From Previous ASEAN Chairmanship

KOTA KINABALU, Dec 4 (Bernama) -- The two-day ASEAN Senior Economic Officials Meeting (SEOM) Retreat 2025, which ends tomorrow, is a vital preparatory meeting aimed at updating outstanding issues from the previous ASEAN chairmanship.

SME Corp Plans To Help More Sarawak MSMEs

KUCHING, Dec 2 (Bernama) -- SME Corporation Malaysia plans to target more micro, small and medium enterprises (MSMEs) from Sarawak to receive benefits through programmes that will be implemented in 2025, in line with the aspirations of a more equitable and inclusive MADANI Economy framework.

Global Shipping Costs To Remain High Amid Tariff Threats, Red Sea Challenges

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 1 (Bernama) -- Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry, including US President-elect Donald Trump’s tariff threats and the situation in the Red Sea.

Stronger Turnaround For Capital A In 4Q 2024 Expected -- Research Houses

KUALA LUMPUR, Nov 29 (Bernama) -- Research houses are anticipating a strong turnaround for Capital A Bhd in the fourth quarter of 2024 (4Q 2024), given the seasonally stronger demand and yields, lower jet fuel price and a weakened US dollar. 

MSME Hub To Be Established In Sabah And Sarawak Next Year - KUSKOP

KUALA LUMPUR, Nov 27 (Bernama) -- The Micro, Small and Medium Enterprise (MSME) hub will be established in Sabah and Sarawak next year to provide entrepreneurs in both states with better access to business information.