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Strong Investments, Exports Drive Malaysia's Third Quarter GDP Growth To 5.3 Pct

KUALA LUMPUR, Nov 15 -- The Malaysian economy expanded by 5.3 per cent in the third quarter of 2024 (3Q 2024), driven by strong investment activities and continued improvement in exports.

Mavenir, Tū Ātea Partner To Advance Networks With Māori Spectrum Assets

KUALA LUMPUR, Nov 15 (Bernama) -- Mavenir, the cloud-native network infrastructure provider building the future of networks, announced a transformative partnership with Tū Ātea Limited, an Indigenous Aotearoa/New Zealand company dedicated to advancing Māori telecommunications.

MATRADE Committed To Support Local MTC Business Expansion To Regions With Potential

KUALA LUMPUR, Nov 14 (Bernama) -- The Malaysian External Trade Development Corporation (MATRADE) will be committed to continue supporting the business expansion of local mid-tier companies (MTC) to other regions with potential, including the Middle East, Africa and Latin America.

Credit Growth Of Malaysian Banks To Improve To 6.0 Pct In 2025 - S&P Global

KUALA LUMPUR, Nov 14 (Bernama) -- The credit growth of banks in Malaysia is projected to improve to 6.0 per cent in 2025, benefiting from higher economic growth and an increase in corporate demand led by key infrastructure projects, according to S&P Global. 

Sabah GLCs Ink Agreement For SBH Kibing RM7.2 Bln Solar Glass Plant

KOTA KINABALU, Nov 13 (Bernama) -- In a significant step towards bolstering Sabah's renewable energy infrastructure, two Sabah government-linked companies (GLCs) have signed agreements with SBH Kibing Solar New Energy (M) Sdn Bhd for the development of a RM7.2 billion solar glass manufacturing plant in Kimanis.

Malaysia's IPO Surge Reflects Investor Confidence In Local Bourse

KUALA LUMPUR, Nov 12 (Bernama) – Bursa Malaysia Bhd is experiencing a resurgence in initial public offerings (IPOs) as 2024 draws to a close, reflecting renewed investor confidence in the local bourse.

Dexcom Opens Penang Manufacturing Facility With RM2.83 Bln Investment

BATU KAWAN, Nov 12 (Bernama) -- US-based medical devices company Dexcom Inc has officially opened its new manufacturing facility, also its first offshore manufacturing site outside the United States, in Batu Kawan, Penang.

APEC Putrajaya Vision, Aotearoa Plan Of Action Chart Course For Dynamic, Inclusive Community

PERU (Lima), Nov 12 (Bernama) -- The APEC Putrajaya Vision 2040 and the Aotearoa Plan of Action continue to guide the Asia-Pacific Economic Cooperation (APEC) forum toward a dynamic and inclusive Asia-Pacific community, according to APEC Senior Officials’ Chair Ambassador Carlos Vasquez.

EPF Reports RM19.67 Bln Investment Income In 3Q

KUALA LUMPUR, Nov 11 (Bernama) -- The Employees Provident Fund’s (EPF) investment income rose by RM5 billion to RM19.67 billion in the third quarter (3Q) of 2024, from RM14.67 billion in 3Q 2023.

Rubber Market Ends Mixed Amid Gains In Regional Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 6 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, supported by gains in regional futures markets and a weaker ringgit against the US dollar, a dealer said.

18th Global Citizenship Conference To Kick Off In Singapore

KUALA LUMPUR, Nov 5 (Bernama) -- More than 400 delegates from over 50 countries are expected to attend the 18th annual Global Citizenship Conference, which takes place from Nov  27 to 29 in Singapore.

Sweden-Malaysia Economic Ties Flourish, FDI Soars & Semiconductor Sector Emerges As Key Growth Area

KUALA LUMPUR, Nov 1 (Bernama) -- Economic ties between Sweden and Malaysia have flourished over the years, with Swedish foreign direct investment (FDI) in Malaysia soaring to US$1.43 billion (US$1=RM4.37) to date from US$113 million in 2014.