LATEST NEWS   Definitive border demarcation strengthens country's legal position, closing the door to larger territorial claims in the future - Arthur | Media reports that Malaysia gave over 5,000 hectares of land to Indonesia inaccurate - Arthur | Govt welcomes Malaysian Media Council's official complaints mechanism to deal with ethical issues in journalism - Fahmi | Urban Renewal Bill withdrawn, to be refined with improvements - Fahmi | Govt to clarify entry routes to IPTA for students of various schools, including tahfiz and UEC stream next week - Fahmi | 

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Malaysia's Semicon Sector Can Enhance Southeast Asia's Tech Landscape -- IC Design Experts

KUALA LUMPUR, Oct 16 (Bernama) -- Experts from integrated circuit (IC) design industry players Skyechip, Weeroc, and Chipsbank have emphasised the potential of Malaysia’s semiconductor sector to enhance Southeast Asia’s technology landscape at the Selangor Smart City and Digital Economy Convention (SDEC) 2024 today.

Budget 2025 To Help Those Caught In Relentless Struggle Against Rising Cost Of Living

KUALA LUMPUR, Oct 17 (Bernama) – Budget 2025 will be a delicate balance between maintaining economic growth and ensuring that the welfare of the most vulnerable segments of society comprising low-income earners, single mothers and people with disabilities are looked after against a backdrop of rising prices.

Increasing Productivity, Diversifying Domestic Portfolio To Reduce Deficit In Workers’ Compensation Account

KUALA LUMPUR, Oct 16 (Bernama) -- The government is taking steps to diversify the domestic economic portfolio to reduce the deficit in the workers' compensation account, said the Ministry of Finance (MoF).

Federal Govt's Debt Growth Expected To Decrease To 7.5 Pct At End-2024

KUALA LUMPUR, Oct 16 (Bernama) -- The federal government’s debt growth trend is expected to continue to decrease, ending 2024 at around 7.5 per cent compared to 8.6 per cent in 2023 and 10.2 per cent in 2022, according to the Ministry of Finance (MoF).

MAVCOM On Track To Meet Passenger Traffic forecast Of Up To 97.6 Million This Year

KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) is expected to meet its narrowed down passenger traffic forecast of between 95.4 million and 97.6 million passengers this year supported by the continued robust recovery of the Malaysian aviation sector in the first six months of 2024 (1H2024).

Malaysia, The Key Gateway For Taiwan's Exports To Asian Countries

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia serves as a key gateway for Taiwan's exports to Asian countries due to the many parallels in their development journeys, said Kaohsiung Deputy Mayor Charles Lin.

CPO Futures Rebound To Close Higher Tracking Bullish CBOT Soybean Oil

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 16 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rebounded to close higher on Wednesday, tracking gains in the Chicago Board of Trade’s soybean oil futures overnight.

BIMP-EAGA Must Continue To Strengthen Cooperation To Address Development Gaps

KOTA KINABALU, Oct 16 (Bernama) -- The Brunei Darussalam–Indonesia–Malaysia–Philippines East ASEAN Growth Area (BIMP-EAGA) must continue to strengthen cooperation and work closely together to address development gaps, said Sabah Deputy Chief Minister II Datuk Seri Dr Joachim Gunsalam.

Gold Futures Close Higher

KUALA LUMPUR, Oct 16 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, tracking gains in the US COMEX gold market, a dealer said.

Development Of Manufacturing Sector Cluster In Central Region Should Be Made Strategic Initiative - PM Anwar

KUALA LUMPUR, Oct 16 (Bernama) -- The development of a special industrial cluster in the manufacturing sector in the Central Region needs to be prioritised as a strategic initiative of the MADANI Government to strengthen the country's position as an investment hub, said Prime Minister Datuk Seri Anwar Ibrahim.

Ringgit Strengthens Against Major Currencies On Positive Budget Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit appreciated against the US dollar and other major currencies at the close today, driven by positive sentiment ahead of the tabling of the national budget this Friday, said SPI Asset Management managing director Stephen Innes.

BEV Sales Surge 112 Pct In 1H2024, Reaching 6,617 Units - Tengku Zafrul

KUALA LUMPUR, Oct 16 (Bernama) -- A total of 6,617 battery-powered electric vehicles (BEVs) were sold in the first half of 2024 (1H2024) marking a significant 112 per cent year-on-year surge in the electric vehicle (EV) market, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.