MITI Confident ASEAN Will Reach Substantial Agreement On DEFA By Year-End

KUALA LUMPUR, Aug 28 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz is confident ASEAN will reach a full agreement on the ASEAN Digital Economy Framework Agreement (DEFA) by the end of this year.

TNB–ACWA Power Partnership: Driving Malaysia’s Energy Transition

KUALA LUMPUR, Aug 27 (Bernama) -- Malaysia is pushing hard to achieve the National Energy Transition Roadmap (NETR) target of raising renewable energy (RE) to 70 per cent of the nation’s capacity by 2050, with the government, agencies, companies and industry players all working together towards this goal.

Federal Govt To Develop Policy, Guidelines, And Explore Creation Of Blue Carbon Credit Trading Platform

KUALA LUMPUR, Aug 27 (Bernama) -- The Federal Government will develop policies or guidelines and explore the creation of a platform for trading blue carbon credits, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

USABC Drives Forward Malaysia's Efforts On ASEAN DEFA

KUALA LUMPUR, Aug 26 (Bernama) -- The US-ASEAN Business Council (USABC), in collaboration with the Ministry of Investment, Trade and Industry (MITI), organised an in-country workshop on Monday, serving as a strategic platform to support Malaysia’s role as a regional digital leader. 

Clear Objectives Vital For Regional Economic Progress -- IDEAS

KUALA LUMPUR, Aug 26 (Bernama) -- Asian countries can continue to advance regional economic interests and strengthen their collective resilience by maintaining clarity on their objectives and not succumbing to external uncertainties.

13MP: High-value Manufacturing Vital To Maintain Malaysia's Position As Top Glove Exporter -- Margma

KUALA LUMPUR, Aug 26 (Bernama) -- Malaysia’s global leadership in rubber glove exports during the 13th Malaysia Plan (13MP) period hinges on a sustained emphasis on high-value manufacturing, digitalisation, sustainability and labour market reforms.

Khazanah's Role In Venture Capital Ecosystem Remains Vital, Fund Should Widen Focus On Higher Economic Multipliers Like Agri-Food Business

By Saraswathi Muniappan

KUALA LUMPUR, Aug 26 (Bernama) -- Sovereign wealth fund Khazanah Nasional Bhd still has an effective role to play in the venture capital ecosystem, especially in promoting entrepreneurship and fuelling future economic growth engines, despite recent setbacks such as the losses incurred from its investment in FashionValet Sdn Bhd.

Affin, CGC Ink MoU To Provide RM500 Mln In Financing For MSMEs, Mid-tier Companies

KUCHING, Aug 25 (Bernama) -- Affin Group and Credit Guarantee Corporation Malaysia Bhd (CGC Malaysia) have signed a Memorandum of Understanding (MoU) to provide RM500 million in financing to support micro, small and medium enterprises (MSMEs) and mid-tier companies (MTCs) across Malaysia.

Ringgit Ends Higher Vs Greenback On Possible US Rate Cut In September

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 25 (Bernama) -- The ringgit ended higher against the US dollar on Monday, driven primarily by the United States Federal Reserve (Fed) chair Jerome Powell's dovish Jackson Hole speech, which signalled a possible interest rate cut in September.

Ringgit Set To March Stronger Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 23 (Bernama) -- The ringgit is poised to march stronger next week after the United States (US) Federal Reserve chair Jerome Powell hinted at a potential interest rate cut in September.

Rubber Market Likely To Trade In Cautious Mode With Downward Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 23 (Bernama) -- The Malaysian rubber market is expected to trade range-bound with a downward bias, driven by ongoing market volatility and various global uncertainties.

Property Professionals A Key Pillar Of Malaysia’s Economy – Lim Hui Ying

KUALA LUMPUR, Aug 22 (Bernama) -- The profession of valuation, estate agency and property management is an important professional services sector and serves as one of the main pillars of the country’s economic growth, said Deputy Finance Minister Lim Hui Ying.