1y ago
KUALA LUMPUR, Nov 8 (Bernama) -- Russia’s Ambassador to Malaysia, Naiyl Latypov welcomed Malaysia’s interest in joining BRICS, saying that the coalition offers a pathway to a fairer global trade system that would benefit smaller and developing nations.
1y ago
KUALA LUMPUR, Nov 8 (Bernama) -- Bursa Malaysia remained marginally higher, tracking Wall Street’s strong overnight performance and aligning with most regional peers.
1y ago
KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia's international reserves stood at US$117.6 billion (US$1 = RM4.40) as of Oct 30, 2024, compared to US$119.6 billion on Oct 15, 2024.
1y ago
KUALA LUMPUR, Nov 7 (Bernama) -- An increase in investment inflows, improved tax collection relative to Gross Domestic Product (GDP), and a narrower fiscal deficit are positive catalysts expected to drive Malaysia's economy to grow between 5.0 per cent and 5.5 per cent in 2024 and 2025.
1y ago
KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia remained lower at midday, weighed by cautious investor sentiment despite Wall Street's robust performance overnight.
1y ago
KUALA LUMPUR, Nov 7 (Bernama) -- BMI, a Fitch Solutions company, sees potential for Malaysia’s second 5G network to carve out a role as a niche connectivity provider, particularly supporting Industrial Internet of Things (IIoT) applications.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate at 3.00 per cent at its final Monetary Policy Committee (MPC) meeting of the year reflects the central bank’s support for domestic economic growth.
1y ago
From Massita Ahmad
SHANGHAI, Nov 6 (Bernama) -- Chinese investors and companies are showing greater interest in Malaysia, according to Prime Minister Datuk Seri Anwar Ibrahim.
1y ago
BARCELONA, Nov 6 (Bernama) -- Malaysia plans to highlight its Digital City Initiative, which will be launched early next year at the Smart City Expo Kuala Lumpur 2025, showcasing innovative digital services and proof of concepts implemented.
1y ago
From NurulJannah Kamaruddin
BARCELONA, Nov 5 (Bernama) -- Malaysia will be the first Southeast Asian country to host the Smart City Expo (SCE) in Kuala Lumpur from Sept 17-19, 2025. It highlights the country’s commitment to innovation and sustainable digital city development while positioning itself as a leading nation in ASEAN.
1y ago
KUALA LUMPUR, Nov 5 (Bernama) -- Wise announced its global payments infrastructure for banks, Wise Platform, has partnered with Standard Chartered to power faster and cheaper international payments for the bank’s cross-border payment service, SC Remit.
1y ago
KUALA LUMPUR, Nov 5 (Bernama) -- Funding Societies, Southeast Asia’s largest digital finance platform for micro, small and medium enterprises (MSMEs), has secured a third credit facility with HSBC under its ASEAN Growth Fund, raising its total credit facilities from HSBC to over US$100 million (RM436 million).