Penang Welcomes New Direct AirAsia Route From Shenzhen

GEORGE TOWN, Oct 29 (Bernama) -- Penang today welcomed AirAsia’s inaugural direct flight from Shenzhen, marking a milestone in the state's tourism development.

CPO Futures Slide As Lower Oil Prices Weigh On Market Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today, extending its losses from last Friday, as lower crude oil and soybean oil prices continue to weigh on sentiment, said a palm oil trader.

Sabah A Powerhouse In Palm Oil Industry With 4.5 Mln Tonnes CPO Produced In 2023 - Hajiji

KOTA KINABALU, Oct 28 (Bernama) -- Sabah remained the largest crude palm oil (CPO) producer in the country, with the production of 4.5 million tonnes in 2023 due to superior fruit yields and oil extraction rates, said Chief Minister Datuk Seri Hajiji Noor.

Malaysia’s BRICS Membership Could Boost Trade, Global Influence - Academicians

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia’s inclusion as a partner country in the BRICS alliance could facilitate stronger economic ties with countries like China and India, both of which are already major trading partners.

Malaysia's Export Prices Slip 0.6 Pct To 149.3 Points In September - DOSM

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia's export prices in September 2024 slipped by 0.6 per cent to 149.3 points from 150.3 points in August while import prices fell 1.9 per cent to 129.5 points, said the Statistics Department of Malaysia (DoSM) today.

China's Beidou Navigation System Boosts Industry, Global Cooperation

KUALA LUMPUR, Oct 28 (Bernama) -- The third International Summit on Beidou Navigation Satellite System (BDS) Applications, which kicked off in Zhuzhou, east-central China’s Hunan Province, from Oct 24 to 25, witnessed the signing and announcement of 142 projects with a total investment of 58.2 billion Chinese yuan. (100 Chinese yuan = RM61.14)

DHL Investing RM300 Mln On KL Gateway Facility

SEPANG, Oct 28 (Bernama) -- DHL Express has increased its investment in Malaysia with the launch of its new RM300 million Kuala Lumpur Gateway facility -- its largest local investment to-date.

Digital Games Industry Generates RM45 Mln In Sales And Exports Since 2014 - Gobind

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia's digital game industry has recorded sales and export revenue of RM45 million from government funds between 2014 and 2024, said Digital Minister Gobind Singh Deo. 

Malaysia Set To Unlock Economic Opportunities As BRICS Partner Country -- Academician

By Abdul Hamid A. Rahman

KUALA LUMPUR, Oct 27 (Bernama) -- Malaysia’s recognition as one of the 13 nations officially added to BRICS presents significant economic opportunities, opening doors to trade, investment, and cooperation with the world’s largest emerging markets, including Brazil, Russia, India, China, and South Africa.

Budget 2025: MITI Urges Malaysian Companies To Explore Opportunities In Ethiopia

KUALA LUMPUR, Oct 26 (Bernama) -- Malaysian companies are urged to explore new business opportunities in Ethiopia, taking advantage of the RM40 million allocation announced recently in the Budget 2025, said the Ministry of Investment, Trade and Industry (MITI). 

Malaysia Needs To Prepare And Have All The Buffers To Face The Changing Global Economic Environment -- BNM Governor

KUALA LUMPUR, Oct 26 (Bernama) -- Malaysia, as a small and open economy, needs to ensure that it is well-prepared and has the necessary buffers to face the changing global economic environment, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

CPO Futures Likely To Trade With Bullish Bias Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to be well supported with a bullish bias next week, a dealer said.