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Malaysia Has Great Potential In Downstream REE Industry, Supporting EV Manufacturing -- Nik Nazmi

KUALA LUMPUR, Nov 11 (Bernama) -- Malaysia has a great potential in the downstream rare earth elements (REE) industry as a super magnet-producing country, particularly for supporting the growth of the electric vehicle (EV) manufacturing industry, the Dewan Rakyat was told today.

Peru Gears Up To Host 31st APEC Leaders Week As World Leaders Meet To Liberalise Regional Trade

From M. Saraswathi

LIMA (Peru), Nov 10 (Bernama) -- The Peruvian capital city of Lima is all geared up amid tight security to host its third APEC Economic Leaders Week (AELW), a landmark event that underscores its pivotal role as the chair of the Asia-Pacific Economic Cooperation (APEC) forum this year to further liberalise trade among regional economies.

DP World-Sabah Ports Partnership To Meet ASEAN’s Thirst For Seamless Seaborne Trade

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 10 (Bernama) -- Sapangar Bay Container Port (SBCP), through the synergy between Dubai-based DP World Plc and Sabah Ports Sdn Bhd (SPSB), is poised to integrate into DP World’s global network, strategically enhancing its role within Southeast Asia’s archipelagoes and enabling it to leverage the region’s rapid export growth.

Malaysia Advised To Prepare Contingency Measures In Anticipation Of US Policy Shifts Under Trump 2.0

KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia would be wise to prepare contingency measures in anticipation of potential US policy shifts and targeted tariffs under a Trump 2.0 administration, said SPI Asset Management managing partner Stephen Innes.

Funding Societies Secures 3rd HSBC facility, Surpassing RM436 Mln In Total Financing

KUALA LUMPUR, Nov 5 (Bernama) -- Funding Societies, Southeast Asia’s largest digital finance platform for micro, small and medium enterprises (MSMEs), has secured a third credit facility with HSBC under its ASEAN Growth Fund, raising its total credit facilities from HSBC to over US$100 million (RM436 million).

25,000 Visitors Expected At Melaka International Halal Festival 2024

MELAKA, Nov 2 (Bernama) -- About 25,000 visitors are expected at the Melaka International Halal Festival 2024 (MIHF24), taking place at the Melaka International Trade Centre (MITC) from Dec 20 for three days.

IMF Sees Robust 4.6 Pct growth For ASEAN In 2024, Revises Upward Malaysia's GDP Growth Forecast

KUALA LUMPUR, Nov 1 (Bernama) -- Growth for countries in ASEAN is forecast to be at a robust 4.6 per cent this year and 4.7 per cent in 2025, largely supported by strong domestic demand and exports, the International Monetary Fund (IMF) said on Friday.

Malaysia’s October Manufacturing PMI Flat At 49.5, New Orders Rising Since June -- S&P Global

KUALA LUMPUR, Nov 1 (Bernama) -- The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) was unchanged at 49.5 in October 2024, with new orders rising for the first time since June 2024.

 

US Tariffs On China To Have Mixed Impact On ASEAN Economies -- OCBC

KUALA LUMPUR, Oct 30 (Bernama) -- Potential US tariffs of up to 60 per cent on Chinese exports could have a mixed impact on ASEAN economies, creating medium-term growth opportunities for the ASEAN-6 region, which includes Malaysia, said OCBC Global Markets Research.

MITI To Continue Engaging With US Authorities On Solar Export Tariff Hikes

KUALA LUMPUR, Oct 29 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will help Malaysian solar manufacturers and related companies affected by the US tariff hike on solar exports to get more information on the move by Washington.

Korean Eggdrop Gains Notoriety For Production Support Of Two Chart-topping K-dramas 

KUALA LUMPUR, Oct 29 (Bernama) -- Golden Hind Co Ltd, the food and beverage (F&B) company behind the premium Korean egg sandwich brand EGGDROP, has garnered significant attention for its production support of the tvN romantic comedy drama series 'Love Next Door' and the JTBC family drama series 'Romance in the House'.