1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- Malaysia is aiming to align its real economy with ongoing developments in the capital market as the nation reinvents its economic framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- The manufacturing industry achieved capacity utilisation of 82.4 per cent in the third quarter of 2024 (3Q 2024), an increase of 3.0 percentage points from the same quarter the previous year, according to the Department of Statistics Malaysia (DOSM).
1y ago
From M. Saraswathi
RIO DE JANEIRO (Brazil), Nov 19 (Bernama) -- The largest South American country Brazil is strategically located for Malaysian semiconductor industry’s “Plus One” strategy to de-risk their supply chain resiliency.
1y ago
RIO DE JANEIRO (Brazil), Nov 18 (Bernama) — Prime Minister Datuk Seri Anwar Ibrahim has urged the electrical and electronics (E&E) and semiconductor industries of Malaysia and Brazil to leverage each other’s strengths and enhance collaboration, particularly given the increasing prominence of the Global South.
1y ago
By Christine Lim
KUALA LUMPUR, Nov 17 (Bernama) -- Malaysia is in a position to demonstrate leadership in ASEAN as the country assumes its chairmanship role next year.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- The Malaysia Electronics Supplier Summit held recently spotlighted the government's continuous efforts to create an environment conducive to investment and innovation, showcasing Johor as a premier investment destination for the electronics sector.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- Despite the absence of mega project developments in Budget 2025, existing mega projects will continue to support Malaysia's economic growth next year, said Bank Negara Malaysia governor Datuk Seri Abdul Rasheed Ghaffour.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- Bank Negara Malaysia (BNM) today announced a liberalisation of foreign exchange policy (FEP) for multilateral development banks (MDBs) and qualified non-resident development financial institutions (DFIs), aiming to facilitate their investments in key growth areas in Malaysia
1y ago
From Zarul Effendi Razali
ABU DHABI, Nov 13 (Bernama) -- Various initiatives under the MADANI Economic Framework, among other matters, will be highlighted during Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi’s seven-day official visit to the United Arab Emirates (UAE), which started today.
1y ago
KUALA LUMPUR, Nov 13 (Bernama) -- SDT Inc., a leading full-stack quantum computing company headquartered in Seoul, South Korea, has partnered with the Malaysian Institute of Microelectronic Systems (MIMOS) subsidiary, MIMOS Technology Solutions Sdn Bhd, to establish Malaysia’s first-ever Quantum Computing Centre.
1y ago
KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia’s gross domestic product (GDP) for the third quarter of 2024 (3Q 2024) is expected to moderate to 5.3 per cent year-on-year (y-o-y), supported by continued expansion across most sectors, particularly manufacturing and services, said Hong Leong Investment Bank Bhd (HLIB).
1y ago
KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia aims to maintain its strong economic growth momentum while prioritising the sustainable development goals (SDGs), with a particular focus on climate change, renewable energy, and emerging technologies -- areas where China has demonstrated significant strength.