Malaysia Committed To Export Controls, Denies AI Chip Smuggling Claims To China

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 7 (Bernama) – The Malaysian government takes seriously the allegation that the country is being used as a transit point for smuggling Nvidia artificial intelligence (AI) chips to China and is committed to complying with multilateral international export control regulations.

Spring Festival Greetings: Guangdong Governor Highlights Economic Growth, Regional Integration

KUALA LUMPUR, Feb 3 (Bernama) -- On the eve of the Chinese Lunar New Year, Guangdong Governor Wang Weizhong extended heartfelt greetings on behalf of the Provincial Government and its residents to overseas Chinese, Hong Kong, Macao, Taiwan compatriots, and international friends.

Southeast Asia's Biggest Furniture Event MIFF 2025 Aims To Achieve 5 Pct Sales Rise

KUALA LUMPUR, Jan 23 (Bernama) -- The Malaysian International Furniture Fair (MIFF) 2025 aims to achieve a five per cent increase in sales this year against on-site sales of US$1.28 billion (US$1 = RM4.43) last year.

Majority ASEAN Members Should Adopt Common Central Time Zone -- Abdul Wahid

KUALA LUMPUR, Jan 21 (Bernama) -- The majority of ASEAN member countries should adopt a common time zone of GMT+8 as this would further integrate ASEAN as a compelling economic bloc, Bursa Malaysia chairman Tan Sri Abdul Wahid Omar said.

Malaysia's External Trade To Expand In 2025, Exports Up 4.9 Pct, Imports To Rise 4.5 Pct

KUALA LUMPUR, Jan 20 (Bernama) -- Malaysia's exports and imports are set to continue growing in 2025, with external trade expected to expand further.

Malaysia 2024 Trade Value At RM2.88 Trillion All-Time High - MITI

KUALA LUMPUR, Jan 20 (Bernama) -- Exports and imports rebounded to an all-time high in 2024 with trade amounting to RM2.88 trillion, a 9.2 per cent increase year-on-year (y-o-y), surpassing the RM2 trillion mark for four consecutive years, according to the Investment, Trade and Industry Ministry (MITI). 

Malaysia Should Create Synergy Between State Govt, Private Sector And Technology -- Liew

KUALA LUMPUR, Jan 14 (Bernama) -- Malaysia should start thinking about creating synergy between the state government, private sector and technology, which would allow for much more technology acquisition into the government system, says Deputy Investment, Trade and Industry Minister Liew Chin Tong.

ASEAN Must Embrace Regional Industrial Policy Amid US-China Rivalry 

KUALA LUMPUR, Jan 9 (Bernama) -- ASEAN should pursue a wide industrial policy amid the rising protectionism and tariff walls set off by the intensifying United States (US) and China rivalry. 

ASEAN Needs Unified Strategy To Boost EV Industry, Says Yinson CEO

KUALA LUMPUR, Jan 9 (Bernama) — ASEAN needs a unified strategy to boost the region’s electric vehicle (EV) industry, said Yinson Holdings Bhd chief executive officer Lim Chern Yuan.

Taiwan's Linco Technology Acquires Senai Airport City Land

KUALA LUMPUR, Jan 2 (Bernama) -- Senai Airport City Sdn Bhd and Lincotec Technology (Malaysia) Sdn Bhd, a wholly owned subsidiary of Taiwan’s Linco Technology Co. Ltd, have entered into a sale and purchase agreement for Lincotec to acquire 4.02 hectares (9.93 acres) of industrial land.

Ringgit Closes Out 2024 As Top Performer Among Major Asian Currencies

By Norsyafawati Ab Wahab

KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit emerged as the best-performing currency in Asia in 2024, standing out among major regional peers amid a challenging global economic landscape.

Local Institutions Extend Buying Streak On Bursa Malaysia For Ninth Week

KUALA LUMPUR, Dec 23 (Bernama) -- Local institutions continued to support Bursa Malaysia for the ninth consecutive week, recording net equity purchases of RM1.05 billion million last week, according to MIDF Research.