BUDI95 Initiative Targets Fairer Subsidy, Boosts Income Equity --  Economists

KUALA LUMPUR, Oct 1 (Bernama) -- The BUDI95 petrol subsidy initiative strengthens income distribution and could improve fairness in how national resources are shared by five to 10 per cent, in line with ASEAN peers, an economist said.

Ringgit Ends Higher Against Greenback On Escalating US Govt Shutdown Risks

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 30 (Bernama) -- The ringgit ended higher on Tuesday due to rising fears of a possible United States (US) government shutdown, an analyst said.

Malaysia To Promote Shared Agenda Of Regional Prosperity As ASEAN Chair - PMO

KUALA LUMPUR, Sept 30 (Bernama) – Malaysia, as ASEAN chair at the summit next month, will focus on geopolitical issues but more so on the region’s shared agenda to emerge as a global economic power, according to the Prime Minister’s Office (PMO) today.

From Halal Foods To Nuclear Power, Potential For Long-term Ties Seen For Canada, Malaysia

By Nur Athirah Mohd Shaharuddin and Mikhail Raj Abdullah

KUALA LUMPUR, Sept 30 (Bernama) – Agrifood commodities, halal foods, and clean energy such as nuclear power, are sectors that could provide vast opportunities for long-term business ties between Canada and ASEAN countries like Malaysia.

SCIMS Set For December Rollout To Safeguard Supply Chains -- Tengku Zafrul

KUALA LUMPUR, Sept 30 (Bernama) — The Supply Chain Intelligent Management System (SCIMS), an initiative by the Ministry of Investment, Trade and Industry (MITI), is set to go live in December 2025, according to MITI Minister, Tengku Datuk Seri Zafrul Abdul Aziz. 

Ringgit Stronger At Opening On US Shutdown Concerns

KUALA LUMPUR, Sept 30 (Bernama) --  The ringgit opened stronger against the US dollar on Tuesday, supported by concerns that a potential United States (US) government shutdown could weigh on the greenback, an analyst said.

ASEAN Steel Policymakers Propose Formation Of ASEAN Council On Steel To Enhance G2G Engagement

KUALA LUMPUR, Sept 29 (Bernama) -- ASEAN steel policymakers have proposed forming an ASEAN Council on Steel to enhance government-to-government (G2G) engagement in the region’s steel industry, said Investment, Trade and Industry Deputy Minister (MITI) Liew Chin Tong.

Labuan IBFC Marks 35 Years As Strategic Regional Financial Hub

 LABUAN, Sept 29 (Bernama) -- The Labuan International Business and Financial Centre (Labuan IBFC) has reached a defining chapter in its 35-year journey, standing as a resilient, innovative and globally recognised hub for financial services.

Ringgit Ends Higher Against US Dollar On US Government Shutdown Fears

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 29 (Bernama) -- The ringgit ended higher against the US dollar on Monday as concerns over a potential United States (US) government shutdown weighed on the greenback, an analyst said.

ASEAN Remains Key Region For American Businesses -- US-ASEAN Business Council

By Anas Abu Hassan

KUALA LUMPUR, Sept 29 (Bernama) -- The ASEAN region continued to be one of the most valuable markets for American businesses, albeit amid ongoing shifts in the United States (US) trade policy, said the US-ASEAN Business Council.

NCT, NGX Launch RM1.10 Bln GDV NCT InnoSphere In Kedah

BUKIT KAYU HITAM, Sept 29 (Bernama) -- NCT Group of Companies (NCT Group), in collaboration with Northern Gateway (NGX), has launched the RM1.10 billion gross development value (GDV) Managed Integrated Smart Industrial Park, NCT InnoSphere, in Kedah.

MITI Launches Steel Industry Roadmap 2035 To Revamp Industry

KUALA LUMPUR, Sept 29 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has launched the Steel Industry Roadmap 2035 (SIR2035), which provides a “sequential pathway” to stabilise, restructure, and transform Malaysia’s steel industry.