India To Spend US$1.2 Bln Over Seven Years To Cut Edible Oil Imports

By Shakir Husain

NEW DELHI Oct 4 (Bernama) -- India will spend 101 billion rupees (US$1.2 billion) over the next seven years to reduce its dependence on edible oil imports.

Anwar's Pakistan State Visit Secures RM2.65 Bln In Trade Deals - Tengku Zafrul

From Mohd Haikal Mohd Isa

ISLAMABAD, Oct 4 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim's three-day state visit to Pakistan secured potential trade deals worth RM2.65 billion, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

AMRO Lowers ASEAN+3 Growth Forecast For 2024 To 4.2 Pct

KUALA LUMPUR, Oct 3 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) has pared down its 2024 economic growth forecast for the region to 4.2 per cent, down from 4.4 per cent in July, largely driven by revised growth projections for China and Vietnam.

Producer Price Index Eases By 1.9 Pct In 2023 - DoSM

KUALA LUMPUR, Oct 3 (Bernama) -- Malaysia’s Producer Price Index (PPI) decreased by 1.9 per cent in 2023 (2022: 7.8 per cent), mainly due to the contraction in the agriculture, forestry fishing (-13.8 per cent), according to the Department of Statistics Malaysia (DoSM).

UPM-NXP Collaboration To Boost Malaysia’s Competitiveness In Global Semiconductor Market

SERDANG, Oct 3 (Bernama) -- Universiti Putra Malaysia (UPM) and semiconductor giant NXP Malaysia have entered a strategic partnership to boost the growth of Malaysia’s semiconductor and electronics industry. 

Malaysia Set To Meet 4.3 Pct Fiscal Deficit Target In 2024 -- OCBC

KUALA LUMPUR, Oct 3 (Bernama) -- OCBC Global Market Research sees Malaysia meeting its fiscal deficit target of 4.3 per cent of gross domestic product (GDP) this year and expects the government to target an even narrower deficit of between 3.5 and 3.8 per cent in 2025.

Plus Xnergy Advocates For Policies To Accelerate Solar Adoption In Budget 2025

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 3 (Bernama) -- Budget 2025 should include more robust and flexible policies aimed at enhancing solar adoption, both for businesses and homeowners, according to Plus Xnergy Holdings Sdn Bhd.

Samaiden's Unit Bags RM39.17 Mln Negeri Sembilan Solar Photovoltaic Power Plant Project

KUALA LUMPUR, Oct 2 (Bernama) -- Samaiden Group Bhd’s wholly owned subsidiary, Samaiden Sdn Bhd, has secured a RM39.17 million main contract from Bahau Power Sdn Bhd to develop a 10-megawatt (MWac) large-scale solar photovoltaic power plant in Bahau, Negeri Sembilan.

Rubber Market Ends Higher, Tracking Regional Futures Markets

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 2 (Bernama) -- The Kuala Lumpur rubber market sustained its upward momentum on Wednesday to close higher, in line with gains in regional rubber futures markets and crude oil prices, despite the absence of Chinese players, said a dealer.

Oracle's Investment Set To Propel Malaysia's Digital Economy And Innovation

KUALA LUMPUR, Oct 2 (Bernama) -- Oracle's investment in Malaysia's artificial intelligence (AI) and cloud computing sectors is set to catalyse substantial growth within the country's digital economy, enhancing technological innovation and economic competitiveness.

RHB IB: Data Centres A Catalyst For Malaysia’s Economic Growth

KUALA LUMPUR, Oct 2 (Bernama) -- Data centre (DC) investments are a catalytic enabler for raising Malaysia’s economic complexity and advancing its position on the technology ladder, said RHB Investment Bank Bhd (RHB IB).

Petronas inks Five-year Gas Sales Agreement To Ensure Secure Energy Supply For Sabah And Labuan

KUALA LUMPUR, Oct 1 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), will supply gas to Sabah Electricity Sdn Bhd (SESB) for power generation in Sabah and Labuan.