ASEAN Targets Intra-regional Trade To Reach 30 Pct By 2030 - Mohamad Hasan

From Linda Khoo

CEBU, May 8 (Bernama) -- ASEAN is committed to strengthening intra-regional trade, including increasing intra-member trade to at least 30 per cent by 2030.

ASEAN Needs Practical Oil Stockpiling Framework -- Johari Ghani

CEBU (Phillippines), May 7 (Bernama) -- ASEAN needs to work towards a practical framework for oil stockpiling to enhance the region’s long-term energy security and preparedness, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.

Holafly for Business Sees Rising Demand For Enterprise Travel Connectivity Solutions 

KUALA LUMPUR, May 5 (Bernama) -- Holafly for Business noted that companies are increasingly adopting more integrated connectivity solutions for employees travelling abroad, as reliance on public WiFi and traditional roaming networks raises operational and security risks.

AI, Digital Infrastructure Investment Key To Malaysia's Economic Transformation - Expert

By Mohamad Syazwan Mustafa

JOHOR BAHRU, April 30 (Bernama) -- Artificial intelligence (AI) and a surge in digital infrastructure investment, particularly data centres, are expected to be key drivers of Malaysia's economic growth over the next five to 10 years, thus reshaping the country's economic structure from a labour-intensive model to a high-value technology and data-based economy.

UAE Leaves OPEC And OPEC+ In Huge Blow To Global Oil Producers' Group

KUALA LUMPUR, April 28 (Reuters) -- The United Arab Emirates said on Tuesday it quit OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.

MDEC Marks 30th Anniversary With Programmes To Advance AI-driven Digital Economy

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, April 28 (Bernama) -- The Malaysia Digital Economy Corporation (MDEC) is rolling out a series of programmes aimed at strengthening Malaysia’s digital economy and advancing its transition into an artificial intelligence (AI)-driven nation.

Foreign Tech Companies Must Provide Training For Local Talent - PM Anwar

KUALA LUMPUR, April 28 (Bernama) -- Foreign technology companies are required to provide high skilled training opportunities to local talent as a prerequisite for investing in Malaysia, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia Submits Explanation On Issues Highlighted Under US Trade Act Of 1974

KUALA LUMPUR, April 28 (Bernama) -- Malaysia has submitted an explanation to the United States (US) regarding allegations of structural excess capacity and production as well as the use of forced labour, which are among the issues being investigated under Section 301(b) of the US Trade Act of 1974.

Malakoff Unit Issues RM450 Million SRI Sukuk Murabahah

KUALA LUMPUR, April 28 (Bernama) -- Malakoff Corporation Bhd’s wholly-owned subsidiary, Malakoff Power Bhd (MPower), has issued a RM450 million sustainable and responsible investment (SRI) Sukuk Murabahah under its RM1.2 billion Islamic Medium-Term Notes Programme (IMTN Programme).

Malaysia, Philippines Commit To Sustained Engagement On Energy Security -- Akmal Nasrullah

KUALA LUMPUR, April 22 (Bernama) -- Malaysia and the Philippines have agreed on the importance of continuous communication for both countries in addressing energy security issues. 

Ketech Asia To Expand Product Line With Two New Ammunition Calibres In 2027

KUALA LUMPUR, April 22 (Bernama) -- Local ammunition production company Ketech Asia Sdn Bhd plans to strengthen its product portfolio and revenue streams with the introduction of two additional calibres, namely the 7.62 millimetre (mm) and 12mm rounds next year, as part of its broader growth and capacity expansion strategy.

Ringgit Opens Almost Flat Against Greenback As US Extends Ceasefire With Iran

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 22 (Bernama) -- The ringgit opened almost flat against the US dollar on Wednesday as market sentiment remained cautious following news that the United States-Iran ceasefire, originally expected to expire today, has been extended to allow negotiations with Iran to conclude.