MITI Targets 5 Pct Growth In Approved Investments In 2025, Over Last Year's RM378.5 Bln

KUALA LUMPUR, Feb 25 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) targets a five per cent growth in approved investments for Malaysia this year, over RM378.5 billion in 2024, which was the highest ever recorded.

Malaysia Embassy, MATRADE Miami Collaborate With Cuba To Expand Trade Opportunities

KUALA LUMPUR, Feb 24 (Bernama) -- The Malaysian Embassy in Havana, in collaboration with Malaysia External Trade Development Corporation (MATRADE) in Miami, aims to collaborate with Cuba’s Ministry of foreign trade and foreign investment (MINCEX) to expand trade and investment opportunities.

Perlis Eyes Growth via Inland Port, Riding Penang’s E&E Wave

KUALA LUMPUR, Feb 20 (Bernama) -- Perlis is actively developing the Perlis Inland Port (PIP) and other maritime facilities to attract investors to the state while aiming to benefit from the economic spillover of strong investment inflows into Penang’s electrical and electronics  (E&E) sector.

Petronas Still In Early Exploration Stage For Malaysia's Langkasuka Basin -- Azalina

KUALA LUMPUR, Feb 19 (Bernama) -- Petroliam Nasional Bhd (Petronas) is still in the early stages of exploration activities for the Langkasuka Basin, where the 2D seismic data acquisition has just been completed in 2024. 

MITRA, Bursa Organise Shares Carnival To Increase Equity Holdings Of Indian Community

PUTRAJAYA, Feb 17 (Bernama) -- The Malaysian Indian Transformation Unit (MITRA), in collaboration  with Bursa Malaysia Bhd, is organising the 2024/2025 Investment and Shares Carnival Programme as an initiative to increase the equity holdings among the Indian community through stock investment.

Thai PM: Economic Corridor Crucial To US$30 Bln Trade Target With Malaysia

KUALA LUMPUR, Feb 15 (Bernama) -- Thailand and Malaysia are accelerating efforts to unlock the full potential of cross-border trade and investment, aiming to establish a thriving economic corridor along their shared border.

MyCIF To Host Penang Roadshow To Promote MSME Financing In Northern Region

KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysia Co-Investment Fund (MyCIF) will host a Penang roadshow on Feb 18, 2025 to promote the fund to micro, small and medium enterprises (MSMEs) in Kedah, Penang, Perlis and northern Perak.

Govt Continues To Identify New Strategies To Ensure Malaysia Remains A Competitive Investment Destination -- PM Anwar

KUALA LUMPUR, Feb 13 (Bernama) -- The government continues to identify new strategies to make Malaysia an attractive and competitive investment destination, said Prime Minister Datuk Seri Anwar Ibrahim.

Labour Demand Up 70.4 Pct, Unemployment Rate Down 3.3 Pct In 2024 - DOSM

PUTRAJAYA, Feb 10 (Bernama) -- The labour force participation rate (LFPR) in 2024 increased to 70.4 per cent compared to 70 per cent the previous year, according to Labour Force Statistics, Malaysia, December and fourth quarter 2024.

Mydin Aims Over RM3 Bln Sales Of Frozen Products This Year

By Mohd Noor Iqram Rosli

KOTA BHARU, Feb 10 (Bernama) -- Halal wholesaler and retailer chain Mydin Mohamed Holdings Bhd aims to rake in RM3.2 billion in sales revenue for this year.

Diverse AI Technologies Like DeepSeek Reduces Malaysia's Reliance On A Single Product -- Tengku Zafrul

KUALA LUMPUR, Feb 6 (Bernama) -- The rise of different types of artificial intelligence (AI) technologies such as DeepSeek can reduce Malaysia's reliance on a single product, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Over RM50 Million Spent By 700,000 SARA Recipients As Of Feb 5

KUALA LUMPUR, Feb 6 (Bernama) -- More than RM50 million has been spent by 700,000 recipients of the Sumbangan Asas Rahmah (SARA) in the poor and hardcore poor categories on the purchase of basic necessities, as of yesterday (Feb 5).