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Pernas Appoints Nor Azam As New Chief Executive Officer

KUALA LUMPUR, April 14 (Bernama) -- Perbadanan Nasional Bhd (Pernas) has appointed Datuk Nor Azam M. Taib as its new chief executive officer (CEO) effective today.

Foreign Investors Pull US$5.87 Bln From Asian Markets

KUALA LUMPUR, April 14 (Bernama) -- Foreign investors continued their net selling in Asian markets for the second consecutive week, with total outflows amounting to US$5.87 billion (US$1 = RM4.41), led by heavy sell-offs in South Korea and India.

MYEG Partners Beitou It Innovation To Set Up Flagship China-ASEAN AI Lab

KUALA LUMPUR, April 11 (Bernama) -- MY E.G. Services Bhd (MYEG) has signed an agreement with Guangxi-based Beitou IT Innovation Technology Investment Group Co Ltd to set up the Malaysia-China Artificial Intelligence (AI) Innovation and Cooperation Centre as the Flagship China-ASEAN AI Lab.

Penang Sets Up Tariff Monitoring Task Force, Seeks Federal Govt Cooperation

GEORGE TOWN, April 11 (Bernama) -- The Penang state government will establish a tariff monitoring task force as part of its strategic response to the United States’ (US) recent tariff announcement.

ASEAN Stands Ready To Respond To Market Volatility From Tariffs Tension - AFMGM Statement

By Siti Baaqiah Mamat

KUALA LUMPUR, April 10 (Bernama) -- The imposition of United States’ (US) tariffs and the potential for retaliatory measures could lead to heightened volatility in capital flows and exchange rates, according to a joint statement of the 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM).

Labuan Poised To Become Southeast Asia’s Next Tuna Port 

LABUAN, April 10 (Bernama) -- Labuan is emerging as a strong contender to become a major tuna port hub for Southeast Asia, thanks to its strategic location, deep-water harbour and the presence of key government agencies that support fisheries and export operations. 

Bank Negara Malaysia And Bank Of Thailand Strengthen Partnership To Enhance Cyber Resilience

KUALA LUMPUR, April 10 (Bernama) -- Bank Negara Malaysia (BNM) and Bank of Thailand (BOT) have signed a memorandum of understanding (MoU) to strengthen joint efforts in cybersecurity and digital fraud protection.

ASEAN Poised For Economic Shift, Political Will Crucial To Confronting Dramatic Changes – Zeti

By M.Saraswathi

KUALA LUMPUR, April 10 (Bernama) -- As the global economic landscape shifts dramatically, ASEAN stands at a critical juncture, ready to navigate the challenges ahead, but the region's success hinges on the strength of its political will and coordinated efforts, said Tan Sri Dr Zeti Akhtar Aziz.

PM Anwar Expected To Deliver Consensus Statement For ASEAN To Galvanise Inherent Strength To Achieve Economic Independence, Ward Off Global Risks  

KUALA LUMPUR, April 10 (Bernama) -- The 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM) today is paramount for getting a buy-in from ministers for regional consensus to deal with crippling American tariffs.

ASEAN Emerges As A Central Player In Global Economy After Overcoming Series Of Adversities - PM Anwar

By Zarul Effendi Razali

KUALA LUMPUR, April 9 (Bernama) -- ASEAN, which has faced a series of global uncertainties, has emerged from a quiet corner of the global economy to become central to it, said Prime Minister Datuk Seri Anwar Ibrahim. 

WCT Shareholders Approve Paradigm REIT Listing On Bursa Malaysia

KUALA LUMPUR, April 9 (Bernama) -- Shareholders of WCT Holdings Bhd have approved the proposed listing of Paradigm Real Estate Investment Trust (Paradigm REIT) on the Main Market of Bursa Malaysia Securities Bhd.

Equity, Financial Markets Capable Of Navigating Heightened Tariff-led Volatility -- Amir Hamzah

By Zarul Effendi Razali

KUALA LUMPUR, April 9 (Bernama) -- Malaysian equity and financial markets are capable of navigating the heightened tariff-led volatility, driven by strong institutional support during the period and ample liquidity, said  Finance Minister II Datuk Seri Amir Hamzah Azizan.