PM Anwar's Visit To South Korea Yields RM32.8 Bln In Potential Investments

From Mohd Shukri Ishak

SEOUL, Nov 26 (Bernama) -- Prime Minister Menteri Datuk Seri Anwar Ibrahim’s three-day working visit to South Korea, which ends today, has generated potential investments worth RM32.8 billion for Malaysia.

SMEs Need To Swiftly Integrate ESG Practices Into Business Operations -- BNM

KUALA LUMPUR, Nov 26 (Bernama) -- Small and medium enterprises (SMEs) need to swiftly integrate environmental, social, and governance (ESG) practices into their business operations to maintain their competitiveness in the market and ensure long-term sustainable advantages, Bank Negara Malaysia (BNM) said.

Tax Incentives Considered To Draw Investors To Build SAF Production Hub - Johari Ghani

KUALA LUMPUR, Nov 26 (Bernama) -- The Plantation and Commodities Ministry (KPK) is considering several tax incentives to attract investors into Malaysia to build a production hub for sustainable aviation fuel (SAF).

Cuba Mulls Biotech, Pharma Partnership With Malaysia, Eyeing ASEAN Launchpad

KUALA LUMPUR, Nov 26 (Bernama) -- Cuba and Malaysia should forge deeper partnerships in biotechnology and pharmaceuticals, particularly in producing vaccines, including halal vaccines that would cater to the local demographics, Cuban Ambassador to Malaysia Florentino Batista Gonzalez said.

TD Furniture Eyes 30 Pct Growth With AI, Smart Factory Tech

From Syamsiah Sahat

GUANGZHOU, Nov 26 (Bernama) -- TD Furniture Group, a leading Malaysian manufacturer of sofas and cabinets, is set to ramp up production by as much as 30 per cent, a move poised to add approximately RM7.0 million to its bottom line next year.

CPO Futures End Three-day Losing Streak Amid Stronger Soybean Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 25 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended a three-day losing streak to close higher on Monday, due to stronger soybean oil prices on the Chicago Board of Trade (CBOT), said palm oil trader David Ng. 

MPIC Confident About Hitting Timber Industry Export Target Of RM28 Bln By 2025

KUALA LUMPUR, Nov 25 (Bernama) -- The Ministry of Plantation and Commodities (MPIC) is confident of achieving its target of RM28 billion in export value for timber and timber products by 2025, as outlined under the National Agricommodity Policy 2030.

Malaysia Boosts Global Semiconductor Ties As Protectionist Measures Loom

KUALA LUMPUR, Nov 25  (Bernama) -- Malaysia is strengthening ties with international markets to avoid a strict bifurcation of the global semiconductor supply chain, particularly as more protectionist measures may be in store following Donald Trump’s victory in the United States (US) presidential election.

Malaysia's Cocoa Export Revenue Exceeds RM8 Bln As Of August 2024 - Chan

KAJANG, Nov 25 (Bernama) -- Malaysia’s cocoa industry have registered a total export revenue of RM8.87 billion as of August 2024, representing 98 per cent of the RM9 billion target for the year, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.

Bursa Malaysia Boosted By RM250.6 Mln Investments From Local Institutions Last Week

KUALA LUMPUR, Nov 25 (Bernama) -- Local institutions were the primary supporters of Bursa Malaysia for the fifth consecutive week, recording a net inflow of RM250.6 million last week, up from RM207.7 million in the previous week

Bursa Malaysia Extends Last Week's Momentum To Open Higher

KUALA LUMPUR, Nov 25 (Bernama) -- Bursa Malaysia extended last week’s momentum to open higher today, tracking the better overnight performance on Wall Street as investors continued to bet on “buy crypto and dollar” following Donald Trump’s election victory.

PM Anwar Will Meet South Korea's Chaebol Leaders, Attract Foreign Investment

From Mohd Shukri Ishak

SEOUL, Nov 24 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim is scheduled to meet leaders of South Korean conglomerates, or "chaebol", to attract more foreign direct investments to Malaysia.