FMM, ASEAN BAC Malaysia Share 12 Initiatives For ASEAN Chair With Over 40 Businesses

KUALA LUMPUR, Feb 15 (Bernama) — The Federation of Malaysian Manufacturers (FMM) today hosted the ASEAN Business Advisory Council (ASEAN-BAC) Malaysia briefing to share 12 key initiatives for Malaysia’s ASEAN chairmanship year with over 40 business organisations.

Thai PM: RCEP, Regional Integration Key To ASEAN Prosperity

KUALA LUMPUR, Feb 15 (Bernama) -- Thailand’s Prime Minister Paetongtarn Shinawatra has underscored the shared priorities of deeper regional economic integration, strengthening supply chains and contributing to global economic development.

Thai PM: Economic Corridor Crucial To US$30 Bln Trade Target With Malaysia

KUALA LUMPUR, Feb 15 (Bernama) -- Thailand and Malaysia are accelerating efforts to unlock the full potential of cross-border trade and investment, aiming to establish a thriving economic corridor along their shared border.

Ringgit To Trade Cautiously Ahead Of FOMC Minutes

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 15 (Bernama) -- The ringgit is expected to trade cautiously against the US dollar next week ahead of the release of the Federal Open Market Committee (FOMC) meeting minutes on Feb 20.  

ASEAN On Track To Become World's Fourth-Largest Economy By 2030 -- Nik Nazmi

KUALA LUMPUR, Feb 14 (Bernama) -- ASEAN is on track to become the world's fourth-largest economy by 2030, but growth must be inclusive to ensure that all communities benefit, said Natural Resources and Environmental Sustainability Minister, Nik Nazmi Nik Ahmad.

Upbeat 2024 GDP Performance Drives Ringgit To End Higher

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy saw significant growth in 2024, boosting the ringgit to end the week higher against the US dollar.

RHB Maintains Malaysia’s 2025 GDP Growth Forecast At 5.0 Pct

KUALA LUMPUR, Feb 14 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained its forecast for Malaysia's gross domestic product (GDP) growth at 5.0 per cent in 2025, driven by ongoing multi-year projects, rising household incomes, and improving global monetary conditions.  

Malaysian, Turkish Businesses Need To Explore Collaboration Possibilities -- Ambassador

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysian businesses are encouraged to explore collaboration possibilities with their counterparts in Turkiye to create more synergy between the two nations, said Ambassador of Malaysia to Turkiye Sazali Mustafa Kamal.

Malaysia's RE Sector Seen Entering 'Supercycle' As Country Accelerates Energy Transition

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia's renewable energy (RE) sector is expected to enter a “multi-decade supercycle” as the country accelerates its energy transition.

Ringgit Opens Higher Against US Dollar, ASEAN Currencies Ahead Of GDP Data Release

By Engku Shariful Azni, Fatin Umairah Abdul Hamid & Karina Imran

KUALA LUMPUR, Feb 14 (Bernama) -- The ringgit continues to strengthen against the US dollar and ASEAN currencies ahead of Malaysia’s 2024 gross domestic product (GDP) data release today, said an analyst.

Ringgit Ends Higher After Correcting Oversold Position

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 13 (Bernama) -- The ringgit ended higher against the US dollar today as the local note corrected from its oversold position.

Govt To Introduce New Investment Incentive Framework In 3Q 2025 - Liew

KUALA LUMPUR, Feb 13 (Bernama) -- The government will introduce the New Investment Incentive Framework (NIIF) which will be implemented from the third quarter of 2025, said Deputy Minister of Investment, Trade and Industry (MITI) Liew Chin Tong.