LATEST NEWS   Crude palm oil production for January 2025 slid by 16.8 pct to 1.24 mln tonnes from 1.49 mln tonnes in December 2024 -- MPOB | Malaysia’s palm oil exports in January 2025 slip 12.94 pct to 1.17 mln tonnes from 1.34 mln tonnes in December 2024 - MPOB | Malaysia’s unemployment rate in December 2024 hits a 116-month low at 3.1 per cent - DoSM | KDN will improve training modules of security firms and auxillary police in line with current potential threats - Saifuddin Nasution | A weak earthquake with a magnitude of 3.8 detected 27 kilometres south of Kota Marudu, Sabah at 10.39 am today - MetMalaysia | 

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Gig Economy Expands In 2024 Amid Push For Worker Protections

KUALA LUMPUR, Dec 29 (Bernama) -- Malaysia's gig economy has continued its upward trajectory in 2024, with the number of own-account workers, including gig workers, surpassing three million as of September.

New Investment Incentive Framework: A Leap Towards High-Income Economy

By Zufazlin Baharuddin & Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 20 (Bernama) -- The New Investment Incentive Framework, announced in Budget 2025, marks Malaysia’s bold move to position itself as a high-income nation by prioritising high-value sectors, mainly in digitalisation and artificial intelligence (AI) within the digital economy.

Maybank’s Values-Driven Financial Services To Empower Region As Malaysia Assumes ASEAN Chairmanship

KUALA LUMPUR, Dec 20 (Bernama) -- The continuous strengthening of the ASEAN economy in the last decade showcased the true resilience of the region, coupled with promising economic prospects owing to its strategic location, diverse economies, and commitment to regional integration.

5G Remains The Focus For Telco In 2024

By Anas Abu Hassan

KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia's telecommunications industry has seen quite an eventful year in 2024 as the country progresses toward deploying its second 5G network. 

Malaysia-China 11-month Trade Matches 2023 Total Trade, Signalling Strong Recovery - Tengku Zafrul

KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia-China economic ties have continued to strengthen, with bilateral trade reaching nearly US$98 billion (US$1=RM4.467) in the 11 months of 2024, matching the total trade volume for all of 2023.

Sapura Energy Chairman, Group CEO To Step Down

KUALA LUMPUR, Nov 29 (Bernama) -- Sapura Energy Bhd’s chairman, Datuk Mohammad Azlan Abdullah, and group chief executive officer (CEO) Datuk Mohd Anuar Taib, will be leaving their positions in the fourth quarter of the current financial year ending Jan 31, 2025 (4Q FY2025).

TM Seen As Among Beneficiaries Of Booming It Market

KUALA LUMPUR, Nov 27 (Bernama) -- Public Investment Bank Bhd (PIVB) sees Telekom Malaysia Bhd (TM) as among beneficiaries of the booming information technology (IT) market as major cloud and internet companies would also demand greater terrestrial connectivity as well as global subsea cable networks.

CGS Promotes John Samuel To COO, Driving Innovation, Enhancing Operational Excellence

KUALA LUMPUR, Nov 26 (Bernama) -- Computer Generated Solutions Inc (CGS), a global provider of software applications, enterprise learning, customer experience, and business process outsourcing services, announced the promotion of John Samuel to Chief Operating Officer (COO).

Two-year MADANI Govt: Turning Challenges Into Accomplishments

KUALA LUMPUR, Nov 21 (Bernama) -- In just two years of being in power, the MADANI government has reached a pivotal turning point in Malaysia's economic reforms, alongside efforts to address inefficiencies in state-owned entities, building on the resilient economic foundation laid in its first year.

Anwar’s Visit Sparks Special Malaysia-Brazil Collaboration

RIO DE JANEIRO (Brazil), Nov 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s inaugural official visit to Brazil has paved the way for new economic opportunities for Malaysia, especially in the semiconductor industry.

PM’s Call For Equitable Trade, Deeper Trade Ties Vital For APEC, ASEAN To Navigate Global Uncertainties - ISIS Chairman

KUALA LUMPUR, Nov 18 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s call for a shift towards ‘equitable and humane trade’ and the deepening of trade ties at the recent Asia-Pacific Economic Cooperation (APEC) meeting in Lima, Peru, are critical strategies to navigate challenges facing multilateralism and trade globalisation.

Labuan Secures RM32.917 Mln For Several Development Projects In 2025

LABUAN, Nov 16 (Bernama) -- The federal government has allocated RM50 million for Labuan's operating expenditure under Budget 2025, maintaining the same amount as Budget 2024, with RM32.917 million earmarked for seven development projects in this island for the upcoming year.