1y ago
KUALA LUMPUR, Feb 24 (Bernama) -- EP Manufacturing Bhd (EPMB) has signed joint venture agreements with China-based Sanly and Jujin to localise the production of key automotive components for the Proton Saga MC3.
1y ago
GEORGE TOWN, Feb 23 (Bernama) -- Penang’s six-day investment promotion mission to Japan has enhanced trade and investment linkages while reinforcing the state's position as a key hub for high-tech industries.
1y ago
KUALA LUMPUR, Feb 23 (Bernama) -- The head of a key intergovernmental platform in the Asia-Pacific has urged Southeast Asian economies to strengthen regional cooperation and boost investment to cushion against the fallout from US President Donald Trump’s move to impose steep tariffs on imports from China, Canada and Mexico.
1y ago
KUALA LUMPUR, Feb 20 (Bernama) -- Petronas Dagangan Bhd’s (PDB) net profit increased to RM1.09 billion in the financial year ended Dec 30, 2024 (FY2024), compared to RM943.08 million in the same period a year earlier.
1y ago
KUALA LUMPUR, Feb 20 (Bernama) -- Bursa Malaysia extended its downtrend, opening lower on Thursday as investor sentiment remained cautious over US tariff concerns, despite Wall Street’s positive performance overnight.
1y ago
KUALA LUMPUR, Feb 19 (Bernama) -- RHB Banking Group has set a new target of RM90 billion for sustainable financial services (SFS) by 2027 from its earlier RM50 billion target by 2026.
1y ago
KUALA LUMPUR, Feb 19 (Bernama) -- Gross domestic product (GDP) growth across the Asia-Pacific (APAC) region is expected to slow to 3.7 per cent in 2025 from an estimated 3.9 per cent in 2024 on trade tensions, policy shifts and uneven recoveries.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Feb 19 (Bernama) -- The ringgit was slightly higher against the US dollar in early trade amid a higher US Dollar Index (DXY) coupled with gains in US Treasury bonds, said an analyst.
1y ago
GEORGE TOWN, Feb 18 (Bernama) -- Taiwan’s ASE Technology Holding Co Ltd has officially opened its fifth plant in Penang for chip packaging and testing.
1y ago
KUALA LUMPUR, Feb 17 (Bernama) -- The ringgit is moving in the right direction despite the uncertainties caused by the United States’ (US) trade war, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.
1y ago
KUALA LUMPUR, Feb 17 (Bernama) – Member states of the Association of Southeast Asian Nations (ASEAN) must prioritise the bloc’s collective over any members’ ties to any superpower or alternative grouping, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
KUALA LUMPUR, Feb 17 (Bernama) -- The Malaysian semiconductor industry stands to benefit from the impact of United States (US) restrictions on China, said Malaysia Semiconductor Industry Association (MSIA) president Datuk Wong Siew Hai.