LATEST NEWS   At 6 pm, the ringgit eased to 4.0670/0715 against the US dollar from Tuesday’s close of 4.0580/0630 | Global petroleum market more stable but influenced by uncertainty over physical supply, global stock levels and seasonal demand across major regions - MOF | RON95 subsidy is projected to be about RM2 bln a month, diesel about RM1.5 bln - MOF | Govt's RON95 petrol and diesel subsidy burden based on market prices is still expected to remain high at about RM3.5 bln a month - MOF | Prices of RON95, RON97 and diesel in the peninsula remain unchanged for June 11 to 17 - MOF | 

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MATRADE-HDC Merger: MITI Establishes Pro Tem Committee To Align Resources And Operational Frameworks 

KUALA LUMPUR, Oct 25 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has formed a Pro Tem Committee to streamline resources and operational frameworks in support of the merger between the Malaysia External Trade Development Corporation (MATRADE) and the Halal Development Corporation (HDC).

Bursa Malaysia Ends Lower Amid Cautious Sentiment 

By Karina Imran

KUALA LUMPUR, Oct 25 (Bernama) -- Bursa Malaysia extended its losing streak for the fifth consecutive day on Friday as investors remained cautious and refrained from making significant market moves, said an analyst

NTIS Allocates RM80.84 Mln To Foster Innovative Solutions

SHAH ALAM, Oct 24 (Bernama) -- The National Technology and Innovation Sandbox (NTIS) allocated RM80.84 million in 100 project funding to foster the development of innovative solutions from July 2020 to December 2023.

Govt Learning To Manage Data Centres, Grow Industry Sustainably - Liew

KUALA LUMPUR, Oct 25 (Bernama) -- The government, multiple agencies within the government, data centre operators and other stakeholders are learning how to manage and deal with data centres and how to grow the industry sustainably.

BASF Petronas Chemicals Opens Second 2-EHAcid Plant In Kuantan

KUANTAN, Oct 25 (Bernama) -- BASF Petronas Chemicals (BPC) has launched its second 2-ethylhexanoic acid (2-EHAcid) production line at its integrated site in Kuantan to meet growing market demand.

DoSM: Malaysia's Leading Index Rises 4.0 Pct In August 2024, Reaches 114.3 Points

KUALA LUMPUR, Oct 25 (Bernama) -- Malaysia's leading index (LI) continued to demonstrate strong growth momentum in August 2024, with a growth of 4.0 per cent to 114.3 points from 109.9 points in the same month of the previous year, said the Department of Statistics Malaysia (DoSM).

Malaysia Aviation Group Joins CEO Action Network For Sustainable Business Practices

KUALA LUMPUR, Oct 25 (Bernama) -- Malaysia Aviation Group Bhd (MAG) has joined the CEO Action Network (CAN), a coalition of over 70 leaders committed to sustainability advocacy, capacity building and measurable action.

Iskandar Malaysia secures RM40.3 Bln Committed Investments From Jan-Sept 2024 - Anwar

KUALA LUMPUR, Oct 24 (Bernama) -- Iskandar Malaysia has recorded committed investments of RM40.3 billion from January to September 2024, with realised investments reaching RM22.5 billion, said Prime Minister Datuk Seri Anwar Ibrahim.

Bursa Malaysia Extends Decline On Global Equity Sell-off 

By Karina Imran

KUALA LUMPUR, Oct 24 (Bernama) -- Bursa Malaysia continued its downtrend to close lower today for the fourth day running, in line with regional peers due to a broad global equity sell-off, said an analyst. 

8x8 CPaaS Chosen To Support CareMonitor Telehealth Infrastructure 

KUALA LUMPUR, Oct 24 (Bernama) -- Business communications, customer experience (CX), and communications platform as a service (CPaaS) platform provider, 8x8 Inc announced that CareMonitor has deployed 8x8 CPaaS to support critical patient interactions.

Capital A Could Benefit From Favourable Factors As It Undergoes Restructuring - PIVB

KUALA LUMPUR, Oct 24 (Bernama) -- Capital A Bhd is expected to benefit from favourable factors such as ringgit appreciation, robust air travel demand, and lower jet fuel prices amid its proposed restructuring plan, said Public Investment Bank Bhd (PIVB).

Anwar's Russia Visit Expands Malaysia's Geo-economic Reach, Global Cooperation – MITI

KUALA LUMPUR, Oct 24 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s visit to Russia marked a strategic effort by the Madani Government to bolster Malaysia-Russia relations, broaden Malaysia’s geo-economic influence, and elevate its global economic standing.