LATEST NEWS   At 6 pm, the ringgit was almost flat versus the greenback at 4.0275/0320, compared with 4.0245/0320 at Monday’s close. | Global energy crisis also affects supply of medicines and medical devices - Akmal Nasrullah | National Economic Action Council looking into fuel diversification, strengthening trade ties and securing production inputs — Akmal Nasrullah | The govt views seriously the current development in West Asia and its impact on the economy -- Akmal Nasrullah | Global energy crisis: Special access pathway implemented, ensuring access to critical health needs - Akmal Nasrullah | 

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Local Tech Industry Hails Anuar Fariz’s Appointment To Spearhead MDEC

KUALA LUMPUR, Oct 5 (Bernama) -- With the appointment of Anuar Fariz Fadzil as the new chief executive officer (CEO) of Malaysia Digital Economy Corporation (MDEC), the local tech and telco industries are abuzz with excitement about his new role.

Kenanga Expects Stable 3.0 Pct OPR In 2025

KUALA LUMPUR, Oct 5 (Bernama) -- Kenanga Investment Bank Bhd expects the overnight policy rate (OPR) to remain stable at 3.0 per cent throughout 2025.

Madani Government Restores Investor Confidence Through Anti-corruption Efforts - Pm Anwar

KUALA LUMPUR, Oct 5 (Bernama)-- The MADANI government's commitment to combating endemic corruption has significantly restored confidence among domestic and foreign investors, leading to increased new investments.

ES Event Sees Malaysian Companies Generating RM3 Bln Sales At Canton Fair 2024

KUALA LUMPUR, Oct 4 (Bernama) - ES Event Management Sdn Bhd (ES Event) sees Malaysian companies generating RM3 billion in sales during the Canton Fair 2024 from Oct 15 to Nov 5, in Guangzhou, China.

Malaysia's Semiconductor Industry Must Diversify To Sustain Global Position

KUALA LUMPUR, Oct 4 (Bernama) —  Malaysia’s semiconductor industry must diversify and go beyond its heavy reliance on multinational corporations and manufacturing capabilities to secure its position in the global market, especially in the face of potential disruptions, said Economy Minister Rafizi Ramli.

Banking System Continues To Be Strong, Well-positioned To Weather Shocks -- HLIB

KUALA LUMPUR, Oct 4 (Bernama) -- Malaysia’s banking system is strong, well-positioned to weather shocks and supportive of financial intermediation activities, and continues to be backed by healthy capital and liquidity buffers, said Hong Leong Investment Bank (HLIB).

Msia: 53 PCT Of E&E, Semiconductor Companies Optimistic On Business Outlook In 4Q

KUALA LUMPUR, Oct 4 (Bernama) -- According to the Malaysia Semiconductor Industry Association (MSIA), 53 per cent of companies in the electrical and electronics (E&E) and semiconductor sectors are optimistic about the business outlook for the fourth quarter of 2024 (4Q).

CT Semiconductor Launches ATP Chip Semiconductor Chip Technician Training Center In Vietnam

KUALA LUMPUR, Oct 3 (Bernama) -- CT Semiconductor, a member of CT Group, has officially inaugurated and commenced operations of its ATP Semiconductor Chip Technician Training Center at the National Innovation Center (NIC) in Hoa Lac High-Tech Park, Hanoi, Vietnam, on Oct 1.

Cebu Pacific Welcomes Discussions On Local Aircraft Component Maintenance Business

From Kisho Kumari Sucedaram

MANILA, Oct 3 (Bernama) -- With the pressing demand for more efficient and localised aircraft maintenance services, Cebu Pacific, a low-cost carrier in the Philippines, is inviting discussions to establish a local aircraft component maintenance business within Asia’s rapidly expanding aviation sector.

Political Stability, Govt Policies Attracting Global Investors To Malaysia

KUALA LUMPUR, Oct 3 (Bernama) -- Malaysia's political stability and the confidence-inspiring policies of the MADANI government have successfully attracted major global technology companies to choose the country as their investment destination, said Digital Minister Gobind Singh Deo.

Malaysia’s BRICS Entry Will Boost Johor's Investment, Trade Potential Through JS-SEZ - Onn Hafiz

ISKANDAR PUTERI, Oct 3 (Bernama) -- Malaysia’s entry into the BRICS economic bloc will bring greater investment and trade potential to Johor through the Johor-Singapore Special Economic Zone (JS-SEZ), said Johor Menteri Besar Datuk Onn Hafiz Ghazi.

Ringgit Expected to Remain Strong, Says AMRO Chief Economist

KUALA LUMPUR, Oct 3 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) expects the Malaysian ringgit to remain strong as one of the region’s best-performing currencies, according to chief economist Hoe Ee Khor.