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Malaysia's November 2024 Inflation Falls To 1.8 Pct -- DOSM

KUALA LUMPUR, Dec 20 (Bernama) -- Malaysia’s inflation rate for November 2024 has decreased to 1.8 per cent, down from 1.9 per cent in October this year, the first decline since August 2021, according to the Department of Statistics Malaysia (DOSM).

Malaysian Developers Shine With 11 Wins At Propertyguru Asia Property Awards In Bangkok

KUALA LUMPUR, Dec 18 (Bernama) -- Malaysian property developers made their mark at the 19th Annual PropertyGuru Asia Property Awards Grand Final at The Athenee Hotel, in Bangkok, securing 11 prestigious awards.

MOSTI, CRADLE UNVEIL STARTUP ASEAN TO PROMOTE STI WITHIN REGIONAL STARTUP ECOSYSTEM

KUALA LUMPUR, Dec 17 (Bernama) -- The Ministry of Science, Technology and Innovation (MOSTI) and Cradle Fund Sdn Bhd unveiled a digital platform, Startup ASEAN, with the aim to position the ASEAN member states as leading players in the global startup landscape.

AM Best Affirms Petrolimex Insurance Ratings With Stable Outlook

KUALA LUMPUR, Dec 6 (Bernama) -- Global credit rating agency, AM Best has affirmed Vietnam’s Petrolimex Insurance Corporation (PJICO) financial strength rating of B++ (good), the long-term issuer credit rating of “bbb” (good), and the country National Scale Rating (NSR) of aaa.VN (exceptional).

BMI Lowers 2025 Brent Crude Annual Average Price To US$76 Per Barrel

KUALA LUMPUR, Dec 6 (Bernama) -- BMI, a unit of Fitch Solutions, revised downward its annual average of US$76 per barrel for Brent crude in 2025, down from US$78 per barrel previously.

UOB: ASEAN-6 To Outpace Global GDP Growth In 2025 Amid Supply Chain Shifts, Investment Opportunities

KUALA LUMPUR, Dec 5 (Bernama) -- United Overseas Bank (UOB) forecasts that ASEAN-6 economic growth will reach 4.8 per cent in 2025, surpassing the projected global average gross domestic product (GDP) growth of 3.2 per cent.

Malaysia Can Emerge As Regional Focal Point For Multinational Firms In ASEAN - Economist

By Mikhail Raj Abdullah

KUALA LUMPUR, Dec 5 (Bernama) -- Malaysia can leverage its mature digital infrastructure and skilled workforce to become the focal point for regional headquarters of multinational companies (MNCs) and high-skilled services and manufacturing.

AWS re:Invent 2024: Grab Partners AWS To Drive Growth And Efficiency Across ASEAN

From Anas Abu Hassan

LAS VEGAS, Dec 4 (Bernama) -- Amazon Web Services Inc (AWS) announced on Wednesday that Southeast Asian super app Grab Holdings Inc has chosen AWS as its preferred cloud provider to enhance operational efficiency across eight ASEAN countries.

Asia Digital Engineering Eyes U.S. Market With FAA Approval In Sight - CEO Mahesh

SEPANG, Dec 4 (Bernama) – Capital A's maintenance, repair and overhaul (MRO) arm, Asia Digital Engineering (ADE), aims to expand its international footprint with plans to service American airlines in the near future, pending Federal Aviation Administration (FAA) approval.

Diversification Key To Malaysia's Business Survival Amid Global Challenges, Says MIDA CEO

KUALA LUMPUR, Dec 3 (Bernama) -- Diversification of operations and markets has become essential for businesses in Malaysia to stay competitive, said Malaysian Investment Development Authority (MIDA) chief executive officer (CEO) Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid.

PTSC Asia Pacific Executes Contract For FSO Vessel In Vietnam Worth Up To US$416 Mln

KUALA LUMPUR, Dec 2 (Bernama) -- PTSC Asia Pacific has executed a contract for the provision, charter, operation and maintenance of the floating storage and offloading (FSO) vessel for the Lac Da Vang project with Murphy Cuu Long Bac Oil Co Ltd. 

India's Commerce Department Urges ASEAN To Buy More From India

From Ahmad Aidil Syukri Hamzah

NEW DELHI, Nov 29 (Bernama) -- The balance of trade relationship between India and ASEAN is crucial for long-term economic growth and should not be skewed in favour of one side, said India’s Commerce Department’s Additional Secretary Rajesh Agrawal.