28d ago
KUALA LUMPUR, Oct 31 (Bernama) -- The ringgit opened almost flat against the US dollar as traders and investors reacted to the US Federal Reserve (Fed)’s unexpectedly hawkish interest rate cut on Thursday, an analyst said.
29d ago
IPOH, Oct 30 (Bernama) -- Property and goods, including several vehicles, belonging to cosmetic entrepreneur Datuk Seri Hasmiza Othman, better known as Datuk Vida, were auctioned for RM1 million today.
29d ago
From Nor Baizura Basri
GYEONGJU (South Korea), Oct 30 (Bernama) -- The growth in the Asia-Pacific Economic Cooperation (APEC) region has been revised upward to 3.1 per cent this year, slightly higher than the earlier forecast of three per cent, supported by resilient trade activity and robust demand for high-tech goods.
30d ago
KUALA LUMPUR, Oct 29 (Bernama) -- Asia-Pacific airlines recorded a 6.8 per cent year-on-year (y-o-y) growth in air cargo demand in September, while cargo capacity rose 4.8 per cent y-o-y during the same period, said the International Air Transport Association (IATA).
30d ago
From Nor Baizura Basri
GYEONGJU (South Korea), Oct 29 (Bernama) -- The conclusion of the free trade agreement (FTA) talks between Malaysia and South Korea could serve as a catalyst for more FTAs to be signed among member economies during the Asia-Pacific Economic Cooperation (APEC) Economic Leaders Week (AELW) here.
1m ago
KUALA LUMPUR, Oct 28 (Bernama) -- The Malaysian Palm Oil Council (MPOC) has welcomed the United States' (US) tariff exemptions for selected Malaysian products, including palm oil, under the newly concluded Agreement on Reciprocal Trade.
1m ago
By Durratul Ain Ahmad Fuad
SINGAPORE, Oct 28 (Bernama) -- Malaysia and Singapore share one of the most dynamic and mutually reinforcing economic relationships in ASEAN, particularly among small and medium enterprises (SMEs), which form the backbone of both economies, said the Singapore Business Federation (SBF).
1m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 28 (Bernama) -- US President Donald Trump’s visit to Malaysia during the ASEAN Summit and the Agreement on Reciprocal Trade (ART) signed between Malaysia and the United States (US) on Sunday has the potential to lift Malaysia's gross domestic product (GDP) growth by 0.5 to 0.7 percentage points each year through to 2030, an analyst said.
1m ago
By Nurul Hanis Izmir
PUTRAJAYA, Oct 27 (Bernama) -- Malaysia is set to benefit from the United States’ (US) decision to lower tariffs to below 19 per cent on 1,711 Malaysian export products, including palm oil and cocoa products -- a move which is expected to enhance the price competitiveness of Malaysian goods in the US market.
1m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 27 (Bernama) -- Bursa Malaysia closed higher today, tracking regional gains, as investor sentiment was lifted by optimism over a potential United States (US)–China trade deal and positive vibes from the ongoing ASEAN meeting, which boosted confidence in regional economic cooperation.
1m ago
KUALA LUMPUR, Oct 27 (Bernama) -- The signing of the Malaysia-United States Agreement on Reciprocal Trade (ART) reaffirms the strong economic ties between the two nations and highlights Malaysia’s role as a key US partner in Southeast Asia, opening new opportunities for cooperation in trade, investment and innovation, said the American Malaysian Chamber of Commerce (AMCHAM).
1m ago
KUALA LUMPUR, Oct 27 (Bernama) -- The introduction of ASEAN Business Entity (ABE) status has the potential to create more ASEAN multinational companies (MNCs) that can enhance market opportunities in the region, said Deputy Minister of Investment, Trade and Industry, Liew Chin Tong.