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Household Debt At RM1.63 Trillion At End Of 2024, Much Lower Than Financial Assets -- MOF

KUALA LUMPUR, Feb 27 (Bernama) -- Tha national household debt, which stood at RM1.63 trillion as at end-December 2024 -- equivalent to 84.2 per cent of gross domestic product (GDP) --  was much lower than household financial assets, according to the Finance Ministry (MoF).

Govt Adding Export Markets, Strengthens Diplomacy To Address Economic Uncertainty - MITI

KUALA LUMPUR, Feb 26 (Bernama) -- The government is taking measures to mitigate the negative impact of global economic uncertainties on international trade by expanding export destinations and strengthening trade diplomacy, said the Ministry of Investment, Trade and Industry (MITI).

Sabah Ships First Batch Of MD Pineapples Under IPR Intan Programme

KOTA KINABALU, Feb 25 (Bernama) -- Sabah made an agricultural milestone today with the maiden shipment of fresh MD2 pineapples totalling 15 tonnes under the People’s Income Initiative (IPR) programme here.

Malaysia To Champion Sustainable Palm Oil – Johari

KUALA LUMPUR, Feb 25 (Bernama) -- Malaysia, the world's second-largest palm oil producer, must take the lead in sustainability, taking bold steps to champion sustainable palm oil, especially as the world increasingly focuses on environmental responsibility.

Malaysia’s Oil Palm Replanting Lags Target, Govt Steps Up Efforts -- Johari

KUALA LUMPUR, Feb 25 (Bernama) -- The progress in replanting oil palm trees is still lagging, with Malaysia managing to replant 114,000 hectares, or 2.0 per cent of its total planted area in 2024, down from 132,000 hectares (2.3 per cent) in 2023.  

MITI: ICA 1975 Review Among Steps To Boost Investor Confidence

PUTRAJAYA, Feb 25 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is taking proactive steps to strengthen investors' confidence, including reviewing the Industrial Coordination Act (ICA) 1975.

Sun Bus Tech To Drive Malaysia's Public Transport Sustainability, Aims For 49 Pct Local Sales

KUALA LUMPUR, Feb 22 (Bernama) -- Sun Bus Tech Sdn Bhd aims to drive public transport sustainability in Malaysia by targeting 49 per cent of domestic sales versus just four per cent in 2024.

Govt Forecasts Moderate Inflation Increase Of 2.0-3.5 Pct In 2025 -- MOF

KUALA LUMPUR, Feb 20 (Bernama) -- The government projected the inflation rate in 2025 to increase moderately between two per cent and 3.5 per cent, said the Ministry of Finance (MOF).

ASEAN Committed To Strengthening WTO - Envoy

KUALA LUMPUR, Feb 20 (Bernama) -- ASEAN is committed to contributing constructively to further strengthen the World Trade Organisation (WTO), including through engagement with other members and various stakeholders at any available platform.

Petronas Still In Early Exploration Stage For Malaysia's Langkasuka Basin -- Azalina

KUALA LUMPUR, Feb 19 (Bernama) -- Petroliam Nasional Bhd (Petronas) is still in the early stages of exploration activities for the Langkasuka Basin, where the 2D seismic data acquisition has just been completed in 2024. 

Penang Port’s Cargo Handling Increases To 32.33 Mln Fwt In 2024 - Hasbi

GEORGE TOWN, Feb 19 (Bernama) -- Penang Port continued its excellent performance in cargo handling in 2024, handling 32.33 million freight weight tonnes, an increase of 0.77 per cent.

Singapore PM Tables National Budget, Focusing On Next Phase Of Growth

SINGAPORE, Feb 18 (Bernama) -- Singapore’s Prime Minister and Finance Minister, Lawrence Wong, has presented the republic’s financial year 2025 Budget Statement today, aimed at advancing the Forward Singapore agenda.