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GEORGE TOWN, May 19 (Bernama) -- Penang, through its state investment agency InvestPenang, is actively conducting investment and trade missions to foreign countries to reduce the impact of the United States (US) tariff hike on the state's economy.
From Kisho Kumari Sucedaram
BEIJING, May 19 (Bernama) – GE Aerospace plans to further expand its operations in Malaysia and across the Asia Pacific region as it strengthens its maintenance, repair, and overhaul (MRO) capabilities to meet rising global aviation demand.
KUALA LUMPUR, May 16 (Bernama) -- Malaysia’s current account balance (CAB) recorded a RM16.7 billion surplus in the first quarter of 2025 (1Q 2025), equivalent to 3.4 per cent of the gross domestic product (GDP), supported by net exports of goods and a smaller deficit in the secondary income account, said Statistics Department Malaysia (DOSM).
From Muhammad Muzammil Abdullah
JEJU (South Korea), May 14 (Bernama) -- Minister of Investment, Trade and Industry (MITI), Tengku Datuk Seri Zafrul Aziz is leading Malaysia’s delegation to Jeju, South Korea as trade ministers from the 21 member economies of the Asia-Pacific Economic Cooperation (APEC) are gathered for the 31st meeting.
KUALA LUMPUR, May 9 (Bernama) -- The Taiwan dollar’s rapid appreciation against the United States (US) dollar in recent days has raised foreign exchange (FX) risk concerns for the country’s life insurers, according to a new commentary from AM Best.
KUALA LUMPUR, May 8 (Bernama) -- Malaysia’s Industrial Production Index (IPI) rose 3.2 per cent year-on-year (y-o-y) in March 2025, according to the Department of Statistics Malaysia (DOSM).
By Kisho Kumari Sucedaram
BEIJING, May 7 (Bernama) -- China Airlines has cancelled and diverted three flights to and from Europe following the closure of Pakistani airspace on Tuesday (May 6).
KUALA LUMPUR, May 6 (Bernama) -- Digitalisation boosts the development of traditional businesses and expands global reach for local entrepreneurs, according to Malaysia Digital Economy Corporation (MDEC).
KUALA LUMPUR, May 5 (Bernama) -- Foreign investors continued their streak of net inflows on Bursa Malaysia, extending to a two-week buying streak, recording a net inflow of RM853.8 million, marking the first consecutive weeks of net foreign inflows since September 24.
KUALA LUMPUR, April 28 (Bernama) -- AM Best has upgraded the long-term issuer credit rating (Long-Term ICR) of Taiwan’s Shinkong Insurance Company Limited (Shinkong Insurance) to “a+” (Excellent) from “a” (Excellent), while affirming its financial strength rating (FSR) at A (Excellent).
KUALA LUMPUR, April 28 (Bernama) -- Foreign investors registered a net inflow on Bursa Malaysia, reversing a 26-week selling streak and recording RM332.3 million in net inflows, marking the first week of net foreign inflows since Oct 24.
KUALA LUMPUR, April 18 (Bernama) -- Malaysia’s trade continued its positive momentum, rising by 2.2 per cent to RM249.89 billion in March 2025, marking the 15th consecutive month of year-on-year (y-o-y) growth since January 2024, said the Ministry of Investment, Trade and Industry (MITI).
