1y ago
KUALA LUMPUR, Jan 19 (Bernama) -- Malaysia is the perfect gateway into Southeast Asia, especially with the participation of the United Kingdom (UK) in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) of which Malaysia is also a member.
1y ago
From D.Arul Rajoo
LONDON, Jan 18 (Bernama) – Malaysia can expect an increase in investment and trade with the United Kingdom (UK) as both countries will have a free trade agreement for the first time through the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
1y ago
KUALA LUMPUR, Jan 18 (Bernama) -- Malaysia's economy is projected to grow at a moderate pace of 4.5 per cent to 5.0 per cent in 2025, benefitting from strong economic fundamentals and an uptick in foreign investments, Hong Leong Bank Bhd (HLB) said.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to extend its upward momentum in the coming week, building on Friday’s rebound following four days of sell-off, said an analyst.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher on Friday, despite facing some pressure due to weak demand.
1y ago
From D.Arul Rajoo
LONDON, Jan 17 (Bernama) -- The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) sets the stage for greater growth in trade, investment, and the exchange of knowledge and know-how between Malaysia and the United Kingdom (UK), but hard work lies ahead.
1y ago
From D.Arul Rajoo
LONDON, Jan 17 (Bernama) -- As chair of ASEAN in 2025, Malaysia will seek to rejuvenate key mechanisms like the ASEAN Plus Three and the East Asia Summit (EAS), both of which have been celebrated for their convening power but remain underutilised, Prime Minister Datuk Seri Anwar Ibrahim said.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 17 (Bernama) -- The ringgit weakened against the US dollar at the close today on cautious market sentiment ahead of the inauguration of Donald Trump as the US president on Monday, said an analyst.
1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- Guangdong is set to maintain its position as China’s top provincial economy in 2024, with its gross domestic product (GDP) projected to surpass 14 trillion Chinese yuan, according to the Guangdong Provincial People’s Congress report on Jan 15. (100 Chinese yuan = RM61.43)
1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- UEM Lestra Bhd, a wholly-owned subsidiary and green industries arm of UEM Group Bhd, has secured offtakers for its National Energy Transition Roadmap (NETR) one-gigawatt (1GW) hybrid solar power plant project under the government’s Corporate Renewable Energy Supply Scheme or CRESS.
1y ago
GEORGE TOWN, Jan 16 (Bernama) -- The ASEAN Business Advisory Council (ASEAN-BAC) is preparing three in-depth studies to present to ASEAN governments on the ASEAN IPO Prospectus, one of the 12 initiatives unveiled today.