OPR Aligns With Malaysia's Economic Prospects — BNM Governor

KUALA LUMPUR, March 6 (Bernama) -- The following is an interview with Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour following March’s Monetary Policy Committee meeting:  

Bursa Malaysia Opens Higher But Retreats Thereafter

KUALA LUMPUR, March 6 (Bernama) -- Bursa Malaysia opened higher today, tracking the rally on Wall Street overnight as the United States (US) automotive makers get temporary tariff reprieve, but it retreated thereafter on selling pressure.

PM's Involvement Seals MIDA-Arm Holdings Strategic Cooperation

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 5 (Bernama) — Negotiations between Malaysia and Arm Holdings Plc, which have been finalised, represent an important step in strengthening the country's semiconductor ecosystem and accelerating the development of local technology, said Investment, Trade, and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

XPENG Establishes Itself As Leading Intelligent EV Brand In Indonesia

KUALA LUMPUR, March 3 (Bernama) -- XPENG, a prominent Chinese high-tech automotive company, has officially entered the Indonesian market through a strategic partnership aimed at introducing its advanced electric vehicle (EV) technology to Indonesian consumers.

Malaysia’s Auto Sector Shifts Gears For E-mobility Growth - Tengku Zafrul

RAWANG, March 3 (Bernama) -- Malaysia’s automotive industry is adapting to global demand for e-mobility solutions, reshaping supply chains and manufacturing processes in line with government policies, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.  

Toshiba Unveils AEC-Q100 Compliant Automotive Standard Digital Isolators

KUALA LUMPUR, Feb 28 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched its first lineup of four-channel high-speed standard digital isolators for automotive applications, with shipments having commenced.

US Tariff Plans To Be Discussed At 31st ASEAN Economic Ministers' Retreat - Tengku Zafrul

KOTA TINGGI, Feb 28 (Bernama) -- The tariff plans imposed by the United States (US) will be one of the topics discussed at the 31st ASEAN Economic Ministers’ (AEM) Retreat today.

DRB-HICOM Posts Lower Net Profit Of RM22.55 Mln In FY2024

KUALA LUMPUR, Feb 27 (Bernama) -- DRB-HICOM Bhd posted a significantly lower net profit of RM22.55 million for the financial year ended Dec 31, 2024 (FY2024), compared to the RM238.88 million net profit recorded in FY2023.

Hap Seng Consolidated Net Profit Falls 19 Pct To RM650.48 Mln In FY2024

KUALA LUMPUR, Feb 28 (Bernama) -- Hap Seng Consolidated Bhd’s net profit fell 19 per cent to RM650.48 million in the financial year ended Dec 31, 2024 (FY2024), compared with RM800.32 million in FY2023, due to a gain from the disposal of subsidiaries in the preceding year.

TIV For Automotive Sector Down 40 Pct To 48,875 Units In January 2025 - MAA

KUALA LUMPUR, Feb 27 (Bernama) -- The total industry volume (TIV) in January 2025 declined by 40 per cent to 48,732 units compared with 81,735 units in December 2024, according to the Malaysian Automotive Association (MAA).

Thai Central Bank Lowers Key Policy Rate To 2 Pct Amid Economic Slowdown

BANGKOK, Feb 26 (Bernama) -- The Bank of Thailand’s (BOT) Monetary Policy Committee (MPC) has voted to cut the policy rate by 0.25 percentage points, bringing it down from 2.25 per cent to 2.00 per cent, effective immediately, in a bid to stimulate economic growth.

MITI Targets 5 Pct Growth In Approved Investments In 2025, Over Last Year's RM378.5 Bln

KUALA LUMPUR, Feb 25 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) targets a five per cent growth in approved investments for Malaysia this year, over RM378.5 billion in 2024, which was the highest ever recorded.