CPOPC Forecasts Modest 2025 Growth In Palm Oil Production

KUALA LUMPUR, Feb 13 (Bernama) -- The Council of Palm Oil Producing Countries (CPOPC) forecasts an increase in palm oil production this year across Malaysia, Indonesia, Honduras, and Papua New Guinea compared to 2024 levels.

Ringgit Opens Firmer Against Greenback As DXY Remains Muted 

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

KUALA LUMPUR, Feb 13 (Bernama) - The ringgit opened slightly higher against the greenback as the US Dollar Index (DXY) remained muted despite the US inflation report coming in higher than expected.

Muafakat Between Indonesia, Malaysia Must Extend Beyond Economic Collaboration

SHAH ALAM, Feb 12 (Bernama) -- Indonesia and Malaysia’s muafakat must extend beyond economic collaboration to include enhanced cybersecurity, counterterrorism efforts, and maritime security in the Indo-Pacific region, said Senior Political Secretary to the Prime Minister, Datuk Seri Shamsul Iskandar Mohd Akin. 

ASEAN To Tackle Energy Transition Through Regional Cooperation - Amir Hamzah

KUALA LUMPUR, Feb 12 (Bernama) -- The energy transition is a global challenge, and ASEAN has the capability and resources to address it collectively, said Minister of Finance II, Datuk Seri Amir Hamzah Azizan.

Ringgit Ends Flat Against US Dollar On Cautious Sentiment

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit ended flat against the US dollar on cautious sentiment regarding the current economic outlook.

Sarawak's MASwings Acquisition Finalised, Airline To Be Known As AirBorneo

KUCHING, Feb 12 (Bernama) -- The Sarawak government, which today formalised its acquisition of MASwings through the signing of a sale and purchase agreement with Malaysia Aviation Group (MAG), has named the state’s new airline AirBorneo. 

Thailand-Malaysia Business Matching Event Set To Generate 120 Mln Baht In Trade

KUALA LUMPUR, Feb 12 (Bernama) -- The Thailand-Malaysia Industrial Products Business Matching event held from Feb 10 to 12, 2025 at Imperial Lexis Kuala Lumpur is expected to generate a trade value of 120 million Baht (100 Baht=RM13.18).

Ringgit Opens Firmer Against US Dollar After US Fed Indicated 'No Rush' On Rate Cuts  

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

KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit opened slightly higher against a softer greenback following the US Federal Reserve (Fed) stance that indicated it was not in a rush to cut interest rates, said an analyst. 

ASEAN To See US$100 Bln Boost To GDP With Increased EO Data Adoption -- Report

SINGAPORE, Feb 11 (Bernama) -- The increased adoption of Earth Observation (EO) data across Southeast Asia is estimated to contribute an additional US$100 billion to the region’s gross domestic product (GDP) cumulatively from 2023 to 2030, according to a report launched today.

Malaysia, Turkiye Should Collaborate In Key Sectors To Achieve US$10 Bln Trade Target -- PM Anwar

KUALA LUMPUR, Feb 11 (Bernama) -- Malaysia and Turkiye need to collaborate in various sectors,  including semiconductors, agri-commodities, electrical and electronics (E&E) as well as food and beverages (F&B) to achieve the US$10 billion (RM44.68 billion) bilateral trade target, says Prime Minister Datuk Seri Anwar Ibrahim.

Turkiye Aims To Double Trade With Malaysia To US$10 Bln As Economic Ties Deepen

PUTRAJAYA, Feb 10 (Bernama) -- Turkiye aims to double its trade with Malaysia to US$10 billion after surpassing the US$5 billion mark in 2024, President Recep Tayyip Erdogan announced today.

Ringgit Closes Lower Vs USD On Import Tariff Concerns

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 10 (Bernama) -- The ringgit closed lower against the US dollar for the third consecutive day as concerns over the impact of the United States (US) import tariff on steel and aluminium industries supported the greenback.