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KOTA KINABALU, March 11 (Bernama) -- Sabah Oil & Gas Development Corporation (SOGDC) and SEDCO Mining Sdn Bhd have signed a memorandum of understanding (MoU) to strengthen industrial development in the state, particularly in the Sabah Oil and Gas Industrial Park (SOGIP) and the Sawit Kinabalu Sandakan Industrial Park (SKSIP).
By Dr Phar Kim Beng
Few economic indicators shape global stability as decisively as the price of oil.
KUALA LUMPUR, March 11 (Bernama) -- The implementation of the New Incentive Framework (NIF), which commences on March 1, will ensure the inflows of high-quality investments to support the transformation towards a high-income and innovation-based economy.
KUALA LUMPUR, March 10 (Bernama) -- The Dewan Negara has passed the Supplementary Supply Bill (2025) 2026 for the first additional operating expenditure for 2025 amounting to RM8.4 billion.
By Siti Radziah Hamzah
KUALA LUMPUR, March 10 (Bernama) -- Oil prices retreated from their highest level since 2022 to below US$100 per barrel on Tuesday after the Group of Seven (G7) signalled its readiness to release emergency reserves, easing some of the market anxiety triggered by the escalating conflict between the United States and Iran.
KUALA LUMPUR, March 10 (Bernama) -- A coordinated government–industry response is needed to address the growing impact of the Iran-US-Israel conflict and the disruption around the Strait of Hormuz on Malaysia’s manufacturing exports and maritime trade, said the Federation of Malaysian Manufacturing (FMM).
KUALA LUMPUR, March 9 (Bernama) -- The International Air Transport Association (IATA) reported that in 2025, the global all-accident rate improved to 1.32 accidents per million flights (one accident per 759,646 flights), better than the 1.42 recorded in 2024 but slightly above the 2021–2025 five-year average of 1.27.
KUALA LUMPUR, March 8 (Bernama) - Malaysia’s Finance Minister II Amir Hamzah Azizan and Thailand’s Deputy Prime Minister and Finance Minister Dr Ekniti Nitithanprapas have met in Bangkok to discuss current economic developments and strengthen cooperation between Malaysia and Thailand.
From Nurhafizah Tan
BEIJING, March 7 (Bernama) -- China’s Guangdong province is looking to deepen economic cooperation with Southeast Asian countries, including Malaysia, through closer industrial integration, expanded market channels and increased two-way investments.
KUALA LUMPUR, March 6 (Bernama) -- 2025 was the best year for Johor in terms of foreign direct investments (FDIs), bolstered by the successful launch of the Johor-Singapore Special Economic Zone (JS-SEZ), said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, March 6 (Bernama) -- Consistent policies and common mechanisms across ASEAN can help create a more connected market, making the bloc more attractive to capital and providing a base of stability for the region’s future progress.
KUALA LUMPUR, March 6 (Bernama) -- Malaysia recorded RM426.7 billion in approved investments for 2025, the highest level ever, up 11 per cent from RM384.4 billion in 2024, reflecting continued growth despite a cautious global climate.
