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Malaysia Should Focus On Macroeconomic Stability While Safeguarding Critical Buffers - BNM

KUALA LUMPUR, May 15 (Bernama) -- Malaysia's near-term policy priorities should focus on preserving macroeconomic stability while safeguarding critical buffers amidst the global supply shock due to the West Asia conflict. 

Ringgit Supported By Malaysia’s Strong Economic Outlook, Reform Momentum - BNM

KUALA LUMPUR, May 15 (Bernama) -- Malaysia’s firm economic prospects and sustained reform momentum are expected to provide enduring support to the ringgit, while external factors will continue to drive exchange rate movements, said Bank Negara Malaysia (BNM).

Malaysia Must Prioritise Resilience In New Global Order -- Liew

SUBANG JAYA, May 13 (Bernama) -- Malaysia is experiencing a consequential shift in the global order, necessitating a move away from the traditional pursuit of economic efficiency toward prioritising resilience, said Deputy Finance Minister Liew Chin Tong.

Allianz General Boosts Business Resilience With Tailored Solutions

KUALA LUMPUR, May 12 (Bernama) -- Allianz General Insurance Company (Malaysia) Bhd said it was committed to empowering small and medium enterprises (SMEs) with tailored insurance solutions to strengthen resilience and help them adapt to an evolving risk environment amid economic headwinds.

Govt To Continue Monitoring Global Supply Crisis

KUALA LUMPUR, May 12 (Bernama) -- The global energy market has shown signs that it is stabilising, but it needs to be continuously monitored as any new developments can affect energy and production costs, said Economy Minister Akmal Nasrullah Mohd Nasir.

One-stop SME Portal To Be Launched This Month — Steven Sim

BUTTERWORTH, May 9 (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (MECD) will launch a one-stop portal for small and medium enterprises (SMEs) this month to facilitate access to information related to financing, training and various government support programmes.

Digital Twin, Smart Manufacturing Key To Strengthening Malaysia’s Industrial Ecosystem

KUALA LUMPUR, May 8 (Bernama) -- Digital twin technology and smart manufacturing are becoming increasingly important in strengthening Malaysia’s industrial ecosystem, according to the Malaysian Investment Development Authority (MIDA).

Targeted Assistance Available For Businesses Hit By Rising Costs - BNM

By M. Saraswathi & Karina Imran

KUALA LUMPUR, May 8 (Bernama) -- Help is readily available for businesses affected by the conflict in West Asia, especially small and medium enterprises (SMEs), said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

Targeted Solutions, Not Monetary Policy, More Effective In Addressing Supply Shocks - BNM

By M. Saraswathi & Karina Imran

KUALA LUMPUR, May 8 (Bernama) -- Monetary policy is primarily a demand management tool. As such, it is generally a less appropriate tool in addressing supply-driven shocks, such as rising fuel and commodity prices, according to Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

MIDA Pushes Deeper Local Participation In Semiconductor Value Chains

KUALA LUMPUR, May 7 (Bernama) -- Malaysia must continue attracting strategic, high-quality investments while ensuring that local companies capture greater share of the value created by global investors operating in the country, said Malaysian Investment Development Authority (MIDA) chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid.

Gauth Rolls Out Live Tutor AI Feature In Three Southeast Asian Markets

KUALA LUMPUR, May 5 (Bernama) -- Gauth, a leader in artificial intelligence (AI)-powered study assistance, has announced the regional rollout of its Live Tutor feature, with Vietnam, Indonesia and the Philippines among the first markets to debut the service.

Global Supply Crisis A Clear Signal For Malaysia To Speed Up Green Energy Shift - Expert

KUALA LUMPUR, May 4 (Bernama) -- Global supply disruptions caused by geopolitical conflict in West Asia are a clear signal that Malaysia must reduce its reliance on fossil fuels and accelerate the transition to renewable energy, an economic expert has said.