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Malaysia To Focus On Strengthening Economic Cooperation, Attracting Investments In ASEAN Summit

From Sharifah Hunaini Syed Ismail

VIENTIANE, Oct 7 (Bernama) -- Malaysia will focus on strengthening economic cooperation in ASEAN and enhancing regional trade and investment at the 44th and 45th ASEAN Summit and Related Summits that will begin tomorrow in Laos.

Ringgit Opens Marginally Higher Vs US Dollar As Traders Assess Feds Next Move

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 7 (Bernama) -- The ringgit opened marginally higher on Monday amid weak sentiment as traders reassessed their stance on the United States Federal Reserve (US Fed) possibly taking more time to reduce interest rates, an economist said.

Anwar Reaffirms Commitment To Strengthen Palm Oil Industry

KUALA LUMPUR, Oct 6 (Bernama) -- The MADANI government remains committed to bolstering the country’s palm oil industry, Prime Minister Datuk Seri Anwar Ibrahim said.

Malaysians Must Realise That Country Is Not Immune To Effects Of Global Uncertainty -- Rafizi

KOTA KINABALU, Oct 5 (Bernama) -- Malaysians need to understand and accept that the country, being an open market economy, is exposed to the effects arising from global economic uncertainty, according to Economy Minister Rafizi Ramli.

Local Tech Industry Hails Anuar Fariz’s Appointment To Spearhead MDEC

KUALA LUMPUR, Oct 5 (Bernama) -- With the appointment of Anuar Fariz Fadzil as the new chief executive officer (CEO) of Malaysia Digital Economy Corporation (MDEC), the local tech and telco industries are abuzz with excitement about his new role.

Trading On Bursa Malaysia Likely To Remain Cautious Next Week

KUALA LUMPUR, Oct 5 (Bernama) -- Cautious trading is set to continue on Bursa Malaysia next week, driven by the bearish outlook on the global economy amid rising geopolitical tensions in the Middle East.

Rubber Market Likely To Trade Range-bound With Higher Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 5 (Bernama) -- The local rubber market is expected to trade range-bound with a bias towards moving higher, following growing concern about severe climate change as the weather seems more unpredictable, said industry expert Denis Low.

Ringgit’s Recent Rise Beneficial For Malaysia, But Yet To Reach Fair Value – PM Anwar

KUALA LUMPUR, Oct 5 (Bernama) -- The ringgit has yet to reach its fair value despite its recent rise against the US dollar and emerging as Southeast Asia’s best-performing currency, said Prime Minister Datuk Seri Anwar Ibrahim.

JCorp Launches New Container Operations At Tanjung Langsat Port

JOHOR BAHRU, Oct 4 (Bernama) -- Johor Corporation (JCorp), through its subsidiary JLand Group (JLG), has launched new container operations at the Tanjung Langsat Port (TLP), Johor, aimed at strengthening Malaysia’s position in the global oil, gas, and logistics industries.

Pestech Proposes Restricted Share Issuance To Dhaya Maju Worth RM160 Mln

KUALA LUMPUR, Oct 4 (Bernama) -- Pestech International Bhd (Pestech) has entered into a conditional subscription agreement with Dhaya Maju Infrastructure (Asia) Sdn Bhd (DMIA) for the proposed restricted issuance of the company's shares worth RM160 million.

PMB Investment Appoints Mohd Izwan Izuddin As Chairman

KUALA LUMPUR, Oct 4 (Bernama) -- PMB Investment Bhd, an Islamic fund management company under Pelaburan Mara Bhd, has appointed Datuk Mohd Idzwan Izuddin Ab Rahman as its chairman for a two-year term, effective Sept 30, 2024.

Govt Optimistic KLIA Can Become Regional Cargo Hub -- Loke

SEPANG, Oct 4 (Bernama) -- The government is optimistic that Kuala Lumpur International Airport (KLIA) has the potential to become the region’s cargo hub, said Transport Minister Anthony Loke Siew Fook.