MATRADE Eyes RM1 Bln Sales From MIHAS@Dubai
KUALA LUMPUR, Oct 22 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) targets RM1 billion in export sales from the upcoming MIHAS@Dubai at the Dubai World Trade Centre.
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Exim Bank To Enhance Role In NIMP 2030, Boost Financing For Malaysian MSMES
KUALA LUMPUR, Oct 22 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) is set to reinforce its role within the New Industrial Master Plan (NIMP 2030) ecosystem by providing financing to deserving Malaysian companies, including micro, small and medium enterprises (MSMEs).
Govt Allocation To Revitalise Rubber Plantations Supports Glove Industry Growth - MARGMA
By Danni Haizal Danial Donald
KUALA LUMPUR, Oct 22 (Bernama) -- The government’s allocation of RM20 million to revitalise idle private rubber plantations and RM60 million for latex production under the Rubber Industry Smallholders Development Authority (RISDA) are significant steps forward in supporting the growth and sustainability of the rubber glove industry.
TNB’s Solid Financial Footing Critical For Its Service To The Rakyat
By M. Saraswathi
KUALA LUMPUR, Oct 22 (Bernama) -- For a utility company such as Tenaga Nasional Bhd (TNB), a solid financial position, underpinned by a healthy balance sheet, low debt, and strong cash flow, enables it to allocate capital towards infrastructure upgrades, research and development, and operational improvements that benefit end consumers.
Ringgit Opens Flat Vs US Dollar Amid Cautious Economic Sentiment
By Zarul Effendi Razali
KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit opened nearly flat against the US dollar on Tuesday, as cautious sentiment surrounding the current economic outlook saw some investors turn to safe-haven assets, an economist said.
Govt Expected To Continue Fiscal Consolidation Measures To Reduce Debt
KUALA LUMPUR, Oct 21 (Bernama) -- The government is expected to continue its fiscal consolidation measures as part of the debt management strategy following the reported decrease in new debt, which is forecast to fall to RM80 billion by 2025.
The Ascott, Instant Icon Ink Deal To Develop Luxury Condos In Batu Ferringhi
GEORGE TOWN, Oct 21 (Bernama) -- Singaporean real estate and lodging company The Ascott Ltd is partnering with Malaysian developer Instant Icon Sdn Bhd to develop Ascott Residences Batu Ferringhi, which is set to welcome residents from January 2028 onwards.
Ringgit Closes Flat Against US Dollar Amid Middle East Tensions
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 21 (Bernama) -- The ringgit closed almost flat against the US dollar on Monday as markets remained cautious about the geopolitical developments engulfing the Middle East, while the US Dollar Index (DXY) stayed well supported.
Budget 2025 Sets Solid Foundation For 13MP - MARC
KUALA LUMPUR, Oct 21 (Bernama) -- Budget 2025 sets a solid foundation to achieve growth of between 4.5 per cent and 5.5 per cent, providing a strong framework for the upcoming 13th Malaysia Plan (13MP), as 2025 marks the final year of the 12MP, said Malaysian Rating Corporation Bhd (MARC).
NIMP 2030 Succeeds In Raising Value Added, Jobs, Median Salary In Manufacturing Sector -- Tengku Zafrul
KUALA LUMPUR, Oct 21 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) is confident of achieving the first-year targets of the New Industrial Master Plan 2030 (NIMP 2030), having already fulfilled three of the main indicators set, according to its minister Tengku Datuk Seri Zafrul Abdul Aziz.
Yinson Production's FPSO Vessel Maria Quiteria Achieves First Oil
KUALA LUMPUR, Oct 21 (Bernama) -- Yinson Production's floating production, storage and offloading (FPSO) vessel Maria Quiteria has achieved first oil on Oct 15, 2024, followed by a successful 72-hour test.
MARii, Dassault Systèmes, And Feiran Technology Sign Mou to Position Malaysia as Asean's Next Auto Hub
KUALA LUMPUR, Oct 21 (Bernama) -- The Malaysia Automotive, Robotics and IoT Institute (MARii), Dassault Systèmes, and Feiran Technology have signed a memorandum of understanding (MoU) aimed at driving growth and innovation in Malaysia’s automotive sector.