Ringgit Opens Higher Against Greenback On Expected US Interest Rate Cut

KUALA LUMPUR, Dec 18 (Bernama) --The ringgit opened higher against the US dollar on Wednesday ahead of an expected interest rate cut later today in the United States.

Cypark, Terengganu Inc To Develop Hybrid Hydro Floating Solar Plant At Tasik Kenyir

KUALA LUMPUR, Dec 6 (Bernama) -- Cypark Resources Bhd and Terengganu Inc Sdn Bhd have entered into a partnership to develop a 500 megawatt (MW) hybrid hydro floating solar (HHFS) plant at Tasik Kenyir, Terengganu. 

MOF Focusing On Progressive Taxation, Sustainable Budgeting To Prioritise Critical Sectors

KUALA LUMPUR, Dec 5 (Bernama) -- The Ministry of Finance (MoF) will focus on progressive taxation to ensure fairness, sustainable budgeting to prioritise critical sectors such as education and healthcare, and responsible debt management to support development in line with the aspirations of the MADANI Economy framework.

Biodegradable Packaging Products From Rice Straw Waste To Reach RM60 Mln In Value In 2025

KUALA LUMPUR, Dec 5 (Bernama) -- Biodegradable packaging products made of rice straw waste, which are being produced through a collaboration between Bioeconomy Corporation and BioNexus Status company Free The Seed Sdn Bhd, are projected to reach a market value of RM60 million starting in 2025.

No Major Changes In Us-Malaysia Economic Relations - Ambassador

GEORGE TOWN, Dec 5 (Bernama) -- There will not be any major changes in the economic relations between the United States (US) and Malaysia under the new leadership, said US Ambassador to Malaysia Edgard D Kagan.

Ringgit Extends Gains On Rising Confidence Of Another US Rate Cut

KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit extended gains to close higher against the greenback on Thursday on rising confidence that there will be another US interest rate cut in the middle of the month.

Malaysia Can Emerge As Regional Focal Point For Multinational Firms In ASEAN - Economist

By Mikhail Raj Abdullah

KUALA LUMPUR, Dec 5 (Bernama) -- Malaysia can leverage its mature digital infrastructure and skilled workforce to become the focal point for regional headquarters of multinational companies (MNCs) and high-skilled services and manufacturing.

ASEAN Has Potential In Digital Economy, Manufacturing, And Supply Chains Led By BRICS Members - MITI

KUALA LUMPUR, Dec 5 (Bernama) -- ASEAN countries have the potential to capitalise on significant opportunities in the digital economy, manufacturing, and supply chains led by BRICS countries, which are dialogue partners of the region, said the Ministry of Investment, Trade and Industry (MITI).

AWS re:Invent 2024: Grab Partners AWS To Drive Growth And Efficiency Across ASEAN

From Anas Abu Hassan

LAS VEGAS, Dec 4 (Bernama) -- Amazon Web Services Inc (AWS) announced on Wednesday that Southeast Asian super app Grab Holdings Inc has chosen AWS as its preferred cloud provider to enhance operational efficiency across eight ASEAN countries.

No Proposal For Malaysia To Join New Development Bank So Far -- MITI

KUALA LUMPUR, Dec 5 (Bernama) -- There has been no proposal so far for Malaysia to join the New Development Bank (NDB), according to the Ministry of Investment, Trade and Industry (MITI).

Cogeneration Systems Boost Energy Efficiency By Over 70 Pct, Support Sustainability

KUALA LUMPUR, Dec 4 (Bernama) -- Cogeneration systems, which simultaneously produce electricity and useful heat from the same energy source, can boost energy efficiency by more than 70 per cent, resulting in substantially saving energy costs and contributing to long-term environmental sustainability.

Govt Ensures Balanced Development, Including In SG4 States - Ministry Of Economy

KUALA LUMPUR, Dec 4 (Bernama) -- The government is continuously striving to ensure balanced development is implemented across regions and states, including Perlis, Kedah, Kelantan and Terengganu, which are collectively known as State Government 4 (SG4).