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Govt To Allocate RM1.4 Bln For Oil Palm Smallholders Replanting Programme Under 13MP -- Johari

JOHOR BAHRU, Aug 3 (Bernama) -- The government is expected to allocate RM1.4 billion in phases over five years to strengthen the oil palm replanting program for smallholders under the 13th Malaysia Plan (13MP), said Minister of Plantation Industries and Commodities Datuk Seri Johari Abdul Ghani.

Ringgit To Trade At 4.25-4.26 Vs Greenback On Fed Rate Cut Optimism

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 2 (Bernama) -- The ringgit is expected to trade between 4.25 and 4.26 against the US dollar next week, following weaker-than-expected United States (US) Nonfarm Payrolls (NFP) data for July, which may prompt the US Federal Reserve (Fed) to consider an interest rate cut at its September meeting.

Bursa Malaysia To Trade Higher Next Week On US Rate Cut, Upcoming 13MP Debate

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 2 (Bernama) -- Bursa Malaysia is likely to trade higher next week, supported by improved investor sentiment following the reduction in United States (US) tariffs and the upcoming debate on the 13th Malaysia Plan (13MP) during the Parliamentary sitting beginning Aug 4.

Ringgit Closes Lower Against US Dollar Amid US Tariffs, 13MP

KUALA LUMPUR, Aug 1 (Bernama) -- The ringgit closed lower against the US dollar on Friday as the dollar strengthened following new tariffs imposed by the United States on its trading partners, alongside developments related to the 13th Malaysia Plan (13MP).

US Tariff Reduction: Tengku Zafrul To Explain In Dewan Rakyat On Monday -- Fahmi

PUTRAJAYA, Aug 1 (Bernama) — Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz will explain the United States’ (US) tariff reduction to 19 per cent from the previous 25 per cent in the Dewan Rakyat on Monday.

Nurture Interest In STEM, Use AI On Applied Learning To Push Malaysia To A High Value-added Economy – Economists

KUALA LUMPUR, Aug 1 (Bernama) – Malaysia’s education premised on science, technology, engineering and mathematics (STEM) and utilising artificial intelligence (AI) with a focus on applied learning across sectors are vital components in the quest to create a high value-added economy, economists said today.

Huawei AI Chip Project A Private Sector Initiative, Not Govt Backed - MITI

KUALA LUMPUR, July 31 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has clarified that it is not involved in any artificial intelligence (AI) project utilising Huawei chips, stating that the initiative is a private-sector undertaking and not a government project.

Ringgit Ends Lower Against US Dollar As Fed Holds Interest Rate Steady

KUALA LUMPUR, July 31 (Bernama) -- The ringgit reversed its gains in the morning to end lower against the greenback on Thursday as the US Federal Reserve (Fed) kept its benchmark interest rate steady overnight.

Malaysia Aims To Be Leading Global Economy By 2030 - PM Anwar

KUALA LUMPUR, July 31 (Bernama) -- Malaysia aims to rise as a leading Asian economy with its own identity rooted in Eastern culture and wisdom, ultimately becoming a high-income nation and one of the world’s top 30 economies by 2030.

Govt Strengthens National Policies Via MADANI Economy Framework -- PM Anwar

KUALA LUMPUR, July 31 (Bernama) -- The MADANI government has boldly and decisively shaped the direction of national policies through the formulation of a comprehensive framework known as the MADANI Economy that is based on sustainability, the people’s well-being, and governance with integrity.

13th MP: Focus On Development Of Ports, Shipping Industry - PM Anwar

KUALA LUMPUR, July 31 (Bernama) -- The government will prioritise the growth of strategic industries within a sustainable and competitive blue economy, focusing on integrated fisheries hubs, coastal and maritime tourism, blue bio-based technologies, and the development of a blue economy hub in Sabah.

Trump Set To Announce Tariff Rate For Malaysia By Tomorrow - Anwar 

KUALA LUMPUR, July 31 (Bernama) -- United States (US) President Donald Trump will announce the new tariff rate to be imposed on Malaysia latest by tomorrow, Prime Minister Datuk Seri Anwar Ibrahim said.