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Ringgit Closes Lower Against Greenback On Trade War Concerns, China Deflationary Woes

By Danni Haizal Danial Donald

KUALA LUMPUR, March 10 (Bernama) -- The ringgit closed lower against the US dollar on Monday on lingering trade war concerns while deflationary pressures in China further weighed on Asian currencies.

Petronas Announces First Oil Delivery From GKGJE Phase 4

KUALA LUMPUR, March 10 (Bernama) -- Petronas, through Malaysia Petroleum Management (MPM), has announced the first oil delivery from the Gumusut-Kakap/Geronggong-Jagus East (GKGJE) Phase 4 offshore project, achieved on Feb 4, 2025.

TSI, Telfair Forest Products To Build Sustainable Biomass Torrefaction Facility In Georgia

KUALA LUMPUR, March 7 (Bernama) -- TSI and Telfair Forest Products have announced the construction of a torrefaction facility at Telfair Forest Product’s facility in Lumber City, Georgia, with commissioning and startup early this year.

Malaysia Can Strengthen Local Technology If US AI Chip Export Restrictions Are Enforced - MITI

 KUALA LUMPUR, March 6 (Bernama) -- Malaysia has the opportunity to promote and strengthen local capabilities in technology development in line with the aspirations of the New Industrial Master Plan (NIMP) 2030 if the United States (US) implements export restrictions on artificial intelligent (AI) chips.

Sapura Industrial Eyes Collaboration With China's ZZ Tech To Make Battery Components

KUALA LUMPUR, March 6 (Bernama) -- Sapura Industrial Bhd’s wholly owned subsidiary Sib Ventures Sdn Bhd has inked a memorandum of understanding with China-based Zhejiang Zhongze Precision Technology Co Ltd (ZZ Tech) to set up a battery component manufacturing facility in Malaysia.

OPR Aligns With Malaysia's Economic Prospects — BNM Governor

KUALA LUMPUR, March 6 (Bernama) -- The following is an interview with Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour following March’s Monetary Policy Committee meeting:  

Malaysia-Arm Deal To Drive Semiconductor Growth

KUALA LUMPUR, March 6 (Bernama) -- Malaysia's partnership with United Kingdom-based Arm Holdings Plc (ARM) will help to elevate Malaysia into a high-value economy, igniting the front-end semiconductor ecosystem while fostering growth of local semiconductor firms over the long term.

MyCorps Alumni Encouraged To Serve In Public Sector

PUTRAJAYA, March 5 (Bernama) -- Alumni of the Malaysian Youth Volunteerism Leadership Programme (MyCorps) are encouraged to serve in the public sector, considering their strong commitment during MyCorps missions, said Youth and Sports Minister Hannah Yeoh.

MIDA and Arm Ltd Forge Agreement to Boost Malaysia’s Semiconductor Industry

KUALA LUMPUR, March 5 (Bernama) -- Arm Ltd's decision to select Malaysia as its first Southeast Asian partner sets clear objectives that will help elevate the country's semiconductor sector.

Penang-Kazakhstan To Explore Shared Values In Trade, Business, Tourism -- Wong

GEORGE TOWN, March 5 (Bernama) -- Penang and Kazakhstan continue to explore shared opportunities and values by expanding the cooperation in trade, business and tourism.

Penang Grows As Premier Wedding, MICE Hub For South Indians, Eyes Kollywood Shoots

CHENNAI, March 5 (Bernama) -- Penang is quickly becoming a sought-after destination for weddings and meetings, incentives, conferences, and exhibitions (MICE), particularly attracting Indian visitors, especially from South India.

ASEAN To Hold Talks With US, GCC, China On Trade -- Tengku Zafrul

KUALA LUMPUR, March 4 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has said that the summit that ASEAN plans to hold with the United States (US) is currently in the planning stages.