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MITI To Unveil Report On China’s Iron And Steel Overcapacity Impact - Liew

KUALA LUMPUR, Nov 18 (Bernama) -- The government, through the Ministry of Investment, Trade and Industry (MITI), will soon release the findings of a report examining the impact of excess capacity from China, particularly in the iron and steel sector.

Malaysia-Brazil Partnership Instrumental For Yinson’s Success

RIO DI JANEIRO (Brazil), Nov 18 (Bernama) -- Global energy and infrastructure technology company, Yinson Holdings Bhd has credited the unwavering support from the Brazilian and Malaysian governments, saying that it has been instrumental to its success.

AAX’s Maiden Flight To Nairobi Hits 90 Pct Passenger Load Factor 

NAIROBI (Kenya), Nov 16 (Bernama) -- Long-haul low-cost carrier AirAsia X Bhd (AAX) has made its inaugural direct flight from Kuala Lumpur to Nairobi, Kenya on Nov 15, 2025, marking its first foray into East Africa with a nearly 90 per cent passenger load factor.

Labuan’s Tax Regime Supports Eligible Businesses With Many Incentives - Lim

LABUAN, Nov 16 (Bernama) -- The issue of extending three per cent tax benefits to all business sectors in Labuan does not arise, as various incentives are already in place under existing tax laws, said Deputy Finance Minister Lim Hui Ying.

Sarawak’s Homestay Industry Churns RM4.95 Mln Income, Attracts 41,168 Visitors In Jan-sept 2024

KUCHING, Nov 15 (Bernama) -- Sarawak’s homestay industry generated RM4.95 million in revenue from January to September this year while attracting 41,168 visitors during the period.

Malaysia’s Removal From US Treasury Monitoring List Indicates Balanced, Transparent Policies – Economist

KUALA LUMPUR, Nov 15 (Bernama) -- Malaysia’s removal from the United States Treasury’s (Treasury) monitoring list indicated that the country’s economic and foreign exchange policies are now viewed as balanced and transparent, said an economist.

AM Best Affirms Excellent Ratings For Malaysia’s Labuan Re 

KUALA LUMPUR, Nov 15 (Bernama) -- Global credit rating agency, AM Best has affirmed Malaysia’s Labuan Reinsurance (L) Ltd (Labuan Re) financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent). 

MISC Bhd’s 3Q Net Profit Eases To RM338.90 Mln In 3Q 2024

KUALA LUMPUR, Nov 14 (Bernama) -- MISC Bhd’s net profit eased to RM338.90 million in the third quarter ended Sept 30, 2024 (3Q 2024) from RM430.40 million in 3Q 2023.

Malaysia Hopes To Contribute To Infrastructure Development In Peru’s New Chancay Port

LIMA (Peru), Nov 14 (Bernama) — Malaysia hopes to contribute to the infrastructure development in Chancay Port, located around 80 km north of Peru’s capital, Lima, Prime Minister Datuk Seri Anwar Ibrahim said today.

SDT Inc Partners With MIMOS To Establish Malaysia’s First Quantum Computing Centre

KUALA LUMPUR, Nov 13 (Bernama) -- SDT Inc., a leading full-stack quantum computing company headquartered in Seoul, South Korea, has partnered with the Malaysian Institute of Microelectronic Systems (MIMOS) subsidiary, MIMOS Technology Solutions Sdn Bhd, to establish Malaysia’s first-ever Quantum Computing Centre.

Anwar’s Egypt Visit Unlocks RM4.8 Bln In Export Potential - MITI

KUALA LUMPUR, Nov 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s official visit to Egypt has bolstered Malaysia-Egypt bilateral relations, unlocking RM4.8 billion (US$1.1 billion) in potential export opportunities for Malaysia, according to the Ministry of Investment, Trade and Industry (MITI).

KL To Host ‘World Of Opportunities: Russia-ASEAN’ International Business Forum On Nov 26-27

KUALA LUMPUR, Nov 11 (Bernama) -- The “World of Opportunities: Russia-ASEAN” International Business Forum, scheduled to be hosted in the capital here on Nov 26-27, is aimed to consolidate the positions of key economic players in the region.