LATEST NEWS   The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar - AmBank chief economist | BNM will maintain its accommodative stance and keep the OPR steady through at least 1H2025 - AmBank chief economist | Malaysia’s GDP growth is expected to moderate to 4.6 pct in 2025, supported by infrastructure projects, private investment realisations and strong private consumption - AmBank chief economist | The KLIA aerotrain is set to resume in Q2, with no impact on Malaysia's ASEAN chairmanship - MAHB Managing Director | 

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Malaysia-UAE CEPA Set To Boost Bilateral Trade By 60 Pct -- Tengku Zafrul

KUALA LUMPUR, Jan 14 (Bernama) -- The Malaysia-United Arab Emirates (UAE) Comprehensive Economic Partnership Agreement (MY-UAE CEPA) is expected to boost total bilateral trade between the two countries by at least 60 per cent in five years, contributing to a more sustainable economic growth.

ADB Likely To Uphold Stance Against Financing Nuclear Power Projects

PETALING JAYA, Jan 14 (Bernama) -- The Asian Development Bank (ADB) is likely to maintain its position of not financing a nuclear power generation development project while reviewing its energy policy this year, despite the growing popularity of the alternative power source.

Bursa Malaysia Announces New Renewable Energy Subsector Classification 

KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia Bhd has announced the new “renewable energy” (RE) subsector within its “energy” and “utilities” sector classifications to provide a more focused classification of public-listed companies (PLCs) operating in the RE space.

KL Rubber Market Eases, Tracks Regional Futures Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 13 (Bernama) -- The Kuala Lumpur rubber market eased slightly on Monday, in tandem with regional rubber futures markets, said a dealer. 

U Mobile Likely To Collaborate To Defray 5G Capex Estimated At RM3 Bln-RM4 Bln -- RHB Investment Bank

KUALA LUMPUR, Jan 10 (Bernama) -- U Mobile Sdn Bhd is likely to enter into network collaborations to defray 5G capital expenditure (capex) estimated at RM3 billion-RM4 billion following its selection as the second 5G network access provider, said RHB Investment Bank Bhd.

MATRADE Inks Solar PPA With Kejuruteraan Cahaya Abadi

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Jan 9 (Bernama) -- Malaysia External Trade Development Corporation (MATRADE) today signed a solar power purchase agreement (PPA) with Kejuruteraan Cahaya Abadi Sdn Bhd (KCASB) for electricity consumption savings worth RM500,000 a year.

Ringgit Opens Flat Amid Rising Greenback Demand 

KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit opened flat against the US dollar but rose versus other major currencies amid rising greenback demand, following the release of key United States (US) economic data yesterday, said an analyst. 

FGV And MPOB forge Strategic Partnership To Enhance Traceability, Empower Smallholders

KUALA LUMPUR, Jan 7 (Bernama) -- FGV Holdings Bhd (FGV) and the Malaysian Palm Oil Board (MPOB) have forged a strategic partnership through a memorandum of collaboration (MoC) to enhance traceability and empower smallholders.

Data Sharing Bill 2024 To Strengthen Govt Collaboration, Enhance Data Governance

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 6 (Bernama) -- The Data Sharing Bill 2024 is critical as it would enable federal government agencies to share data and strengthen the governance structure within the data-sharing ecosystem.

Innovative iHerb Wellness Hub To Empower Personal Health Journeys

KUALA LUMPUR, Jan 3 (Bernama) -- Online retailer for health and wellness products, iHerb, has launched its iHerb Wellness Hub, an online multimedia destination for wellness, fitness, nutrition, beauty, and more.

Singapore Economy Grows 4.3 Pct In 4q 2024 – MTI

SINGAPORE, Jan 2 (Bernama) -- Singapore's economy grew by 4.3 per cent year-on-year (y-o-y) in the fourth quarter of 2024 (4Q 2024), slower than the 5.4 per cent expansion in the previous quarter, according to advance estimates from the Ministry of Trade and Industry (MTI).

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.