LATEST NEWS   25 per cent tariff was Donald Trump's decision, not arrived through the negotiation process - Tengku Zafrul | Malaysia is optimistic about resolving US tariff issues, US also desirous to continue joint negotiations - Tengku Zafrul | US Tariff: Malaysia wants to reach a balanced deal that benefits the country, not just reach deal just for the sake of reaching a deal - Tengku Zafrul | US tariff: Malaysia will not compromise when it comes to matters of national security and sovereignty- Tengku Zafrul | US Tariff: Malaysia had to achieve a high level of consensus on issues such as economic security, purchase of US made products and increasing investments in US to help balance Malaysia-US trade - Tengku Zafrul | 

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Allianz Malaysia 1Q Net Profit Rises To RM211.69 Mln

KUALA LUMPUR, May 23 (Bernama) -- Allianz Malaysia Bhd’s net profit rose by 11.5 per cent to RM211.69 million during the first quarter ended March 31, 2025 (1Q 2025), compared to RM189.83 million in the corresponding quarter last year, mainly due to higher profit contribution from both insurance segments.

PM Anwar's Russia Trip Seen As Gateway To Central Asian Halal Market

By Lucia Terey John

KUALA LUMPUR, May 23 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s recent official visit to Russia is not only a strategic move to strengthen bilateral relations, but also a “gateway” for Malaysia to explore the halal industry in the European and Central Asian regions, according to an analyst.

ASEAN Urged To Close MSME Gaps To Unlock Growth

KUALA LUMPUR, May 23 (Bernama) -- A prominent Malaysian private sector official has urged ASEAN to prioritise strategies and policies that address the challenges facing micro, small and medium enterprises (MSMEs), to ensure the regional economy fully benefits from their potential.

Ringgit Opens Higher Against Greenback On Lower US Dollar Index

By Danni Haizal Danial Donald

KUALA LUMPUR, May 23 (Bernama) -- The ringgit opened stronger against the US dollar on Friday, due to a weaker US Dollar Index (DXY) amid mixed economic data, said an analyst.

ASEAN Urged To Unite On US Tariff Response – Economist

KUALA LUMPUR, May 22 (Bernama) -- The ASEAN bloc should adopt a unified stance when negotiating retaliatory tariffs imposed by the United States (US) to ensure equitable benefits for all member states, said Putra Business School (PBS) MBA Programme Director Associate Professor Dr Ahmed Razman Abdul Latiff.

Mutiara Perlis Invests RM17 Mln In Kalmar Equipment To Boost Inland Port Capacity

KUALA LUMPUR, May 21 (Bernama) -- Mutiara Perlis Sdn Bhd is investing RM17 million to acquire 15 Kalmar container handlers for the Perlis Inland Port (PIP) via its partner, Mach 1 Group.

Maistorage Technology Targets Bursa Malaysia Listing By 2028

PUTRAJAYA, May 22 (Bernama) -- Newly launched MaiStorage Technology Sdn Bhd is eyeing a listing on Bursa Malaysia by 2028.

ECRL Extension To Sungai Golok Would Complete Eastern ASEAN Rail Link -- DON

By Abdul Hamid A Rahman

KUALA LUMPUR, May 22 (Bernama) -- Extending the East Coast Rail Link (ECRL) from Kota Bharu to Sungai Golok would complete the missing eastern corridor of the Singapore–Kunming Rail Link (SKRL), unlocking Malaysia’s strategic potential in cross-border logistics, an expert said.

Futurise, MIGHT Launch Industry Report, Boost Malaysia's Air Mobility Ecosystem

LANGKAWI, May 21 (Bernama) -- Futurise Sdn Bhd and the Malaysian Industry-Government Group for High Technology (MIGHT) have launched the Advanced Air Mobility (AAM) Industry Report, a strategic step forward in shaping the future of Malaysia’s air mobility ecosystem by leveraging innovation, forward-looking regulatory insights and industry expertise to drive sustainable growth.

Penang Port And BKH ICD Collaborate To Boost Cross-border Trade In Northern Malaysia

GEORGE TOWN, May 21 (Bernama) -- Bukit Kayu Hitam ICD Sdn Bhd (BKH ICD) and Penang Port Sdn Bhd have signed a Memorandum of Understanding (MoU) to form a strategic partnership aimed at enhancing the efficiency and connectivity of Northern Malaysia's trade ecosystem.

China Backs ASEAN-GCC-China Summit, Sees Malaysia As Key Regional Partner

By Kisho Kumari Sucedaram

BEIJING, May 21 (Bernama) -- China has expressed strong support for the upcoming ASEAN-GCC-China Summit, underscoring the importance of enhanced cooperation among Southeast Asia, the oil-ric

MITI Works Hard To Attract More High-quality Investments - Tengku Zafrul

KUALA LUMPUR, May 20 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is working hard to attract more high-quality investments, especially in strategic sectors such as electrical and electronics (E&E), said its Minister, Tengku Datuk Seri Zafrul Abdul Aziz.