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inDrive Eyes 40,000 Active Drivers, Confident In Expansion Amid EVP Issues

KUALA LUMPUR, July 29 (Bernama) -- United States-based e-hailing company inDrive remains confident of reaching 40,000 active drivers by year-end and affirms that its Malaysian expansion will not be jeopardised by the e-hailing vehicle permit (EVP) and public service vehicle (PSV)-related issues.

ASEAN Must Speed Up Its Integration Amid Global Trade Headwinds -- Tengku Zafrul

KUALA LUMPUR, July 24 (Bernama) -- ASEAN must step forward together and speed up its integration to reduce trade friction among its members amid global trade uncertainties, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

RON95 Targeted Subsidies, Postponed Toll Hike Ensure Mobility Remains Accessible For Rakyat -- Carsome

KUALA LUMPUR, July 23 (Bernama) -- The government’s decision to implement targeted subsidies for RON95 and to freeze toll rate hikes across key highways will ensure mobility remains accessible and affordable for the rakyat, said Carsome Group chief business officer Aaron Kee today.

RON95 Price Lowered To RM1.99 Per Litre After Targeted Subsidy, People Will Not Be Affected - PM Anwar

KUALA LUMPUR, July 23 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today announced that the price of RON95 petrol will drop following the planned targeting of fuel subsidies, thus giving assurances that the rakyat will not be affected.

Economists: 13MP Aims To Boost Malaysia's Competitiveness Through High-value Manufacturing

KUALA LUMPUR, July 22 (Bernama) -- The 13th Malaysia Plan (13MP) is expected to enhance Malaysia’s competitiveness by promoting high-value manufacturing through business and investor-friendly policies, say economists.

Maybank IB Expects BNM To Maintain OPR Rate At 2.75 Pct Until Year-end

KUALA LUMPUR, July 17 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects Bank Negara Malaysia (BNM) to keep the overnight policy rate (OPR) at 2.75 per cent for the rest of the year after the 25 basis points reduction on July 9.

Cvent Accelerate Singapore 2025 Breaks Attendance Record, Champions Event-led Growth

KUALA LUMPUR, July 16 (Bernama) -- Cvent, a global leader in event and hospitality technology, successfully hosted the fourth edition of Cvent Accelerate Singapore on July 12, at the Fairmont Singapore.

Malaysian High Commission In New Zealand Backs USANITA's Entry Into Australasian Market

KUALA LUMPUR, July 12 (Bernama) -- The High Commission of Malaysia in New Zealand has expressed its full support for Usanita group’s mission to empower Malaysian women entrepreneurs to expand into international markets, particularly in the Australasian region.

Rubber Market Likely To Trade Upward Next Week

By K. Naveen Prabu

KUALA LUMPUR, July 12 (Bernama) -- The Malaysian rubber market is expected to trend upward next week, supported by stronger United States (US) economic data and rising oil prices, according to the Malaysian Rubber Glove Manufacturers Association (MARGMA).

OPR Cut To 2.75 Pct Will Stimulate Businesses, Maintain Nation’s Economic Resilience

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 9 (Bernama) – Bank Negara Malaysia’s (BNM) decision to cut the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent is a proactive stance to stimulate business activity, sustain domestic demand, bolster growth and maintain Malaysia’s economic resilience.

HERE, Genesys Partner To Enhance In-car Navigation In India

KUALA LUMPUR, July 9 (Bernama) -- HERE Technologies, the global leader in digital mapping and location data, and Genesys International, an Indian geospatial solutions company, have joined forces to develop next-generation in-car navigation systems aimed at reducing distracted driving and improving road safety across India.

Sarawak Records Total Trade Of RM198.7 Bln, RM71.1 Bln Surplus In 2024

KUCHING, July 4 (Bernama) -- Sarawak recorded a total trade of RM198.7 billion and a trade surplus of RM71.1 billion in 2024, despite facing external uncertainties such as global market fluctuations and geopolitical tensions, according to the Department of Statistics Malaysia (DoSM).