11m ago
KUALA LUMPUR, March 13 (Bernama) — InvestKL Corporation secured RM4.08 billion in foreign direct investments in 2024 from 12 leading global companies, said its chief executive officer Datuk Muhammad Azmi Zulkifli.
11m ago
KUALA LUMPUR, March 12 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the domestic logistics sector to sustain steady growth in 2025, driven by the expanding e-commerce industry, the global technology upcycle fuelled by artificial intelligence (AI) demand, and a resilient United States (US) economy.
11m ago
KUALA LUMPUR, March 7 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of New Zealand’s Fidelity Life Assurance Company Limited (Fidelity Life Assurance).
11m ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 7 (Bernama) -- The ringgit opened higher against the US dollar for the fifth consecutive day as uncertainties over US tariff policies prompted traders and investors to steer clear of riskier assets, an analyst said.
11m ago
KUALA LUMPUR, March 4 (Bernama) -- The government is taking necessary actions to establish whether Malaysian laws had been breached in the alleged shipment of United States (US)-sanctioned artificial intelligence (AI) chips from Singapore to Malaysia, said the Ministry of Investment, Trade and Industry (MITI).
11m ago
KUALA LUMPUR, March 4 (Bernama) -- Malaysia’s strong growth momentum is expected to continue in the near term, with the economy projected to expand by 4.7 per cent this year, the International Monetary Fund (IMF) said.
11m ago
KUALA LUMPUR, March 3 (Bernama) -- The government will place greater emphasis on promoting Malaysia as a safe investment destination, based on political and economic stability, pro-business policies, and its strategic location in Southeast Asia, said the Ministry of Investment, Trade, and Industry (MITI).
11m ago
KUALA LUMPUR, Feb 27 (Bernama) -- Businesses are anticipating a favourable business environment in the first quarter of 2025 (1Q 2025), underpinned by a positive confidence indicator of 3.2 per cent compared to 4.8 per cent in the previous quarter, according to the Department of Statistics Malaysia (DOSM).
11m ago
KUALA LUMPUR, Feb 20 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has coordinated efforts to develop the capabilities of approximately 300,000 micro, small, and medium enterprises (MSMEs) to successfully generate RM867 million in export sales through e-commerce platforms from 2021 to 2024.
11m ago
KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia’s gross domestic product (GDP) growth, which reached 5.1 per cent in 2024, has provided direct benefits for the people, including higher wages, quality job opportunities, better social assistance and protection, as well as growth in business and trade, the Dewan Rakyat was told today.
11m ago
KUALA LUMPUR, Feb 19 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, and EdgeQ, a leader in 5G wireless infrastructure, will unveil the next generation of indoor and outdoor small cells at the Mobile World Congress Barcelona 2025 next month.
1y ago
By Danni Haizal Danial Donald and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 7 (Bernama) -- The ringgit opened slightly higher against the US dollar at opening trade as the US Federal Reserve (Fed) does not seem inclined to reduce rates in the near term, said an analyst.