Resolving ASEAN Issues Requires Team Effort; Strong Economies To Lead - Tengku Zafrul

KUALA LUMPUR, Jan 9 (Bernama) — Resolving ASEAN’s issues, whether it is about Myanmar or the South China Sea, should be a team sport and not solely rest on the 10-member bloc’s chair.

Unit Price Index Of Steel Down By 0.1 Pct To 4.6 Pct In December 2024 -- DOSM

KUALA LUMPUR, Jan 9 (Bernama) -- The unit price index of steel recorded a decrease of between 0.1 per cent and 4.6 per cent across most parts of Malaysia in December 2024 compared to the previous month, said the Department of Statistics Malaysia (DOSM). 

Yinson Production's Fpso Atlanta Achieves First Oil

KUALA LUMPUR, Jan 9 (Bernama) --  Yinson Holdings Bhd's offshore business arm, Yinson Production announced that its floating production storage and offloading (FPSO) unit, FPSO Atlanta has achieved its first oil on Dec 31, 2024.

ASEAN Needs Deeper Trade Agreements, Domestic Reforms For Economic Resilience - Economist

KUALA LUMPUR, Jan 9 (Bernama) -- Deeper trade agreements and domestic reforms are needed to build economic resilience in the Association of Southeast Asian Nations (ASEAN) and East Asian Pacific regions, especially during extreme change and uncertainty.

GDA Secures 84.1 Pct Of MAHB Shares As At Jan 8

KUALA LUMPUR, Jan 8 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (the Consortium) have received valid offer acceptances of 1.40 billion shares, representing 84.1 per cent of the total number of issued shares in Malaysia Airports Holdings Bhd (MAHB).

BNM International Reserves End 2024 Higher At US$116.2 Bln Y-O-Y

KUALA LUMPUR, Jan 8 (Bernama) -- Malaysia's international reserves were higher year-on-year (y-o-y) at US$116.2 billion (US$1=RM4.48) as at Dec 31, 2024 against US$113.5 billion as at Dec 29, 2023, according to Bank Negara Malaysia (BNM).

Local Rubber Market Closes Mixed Amid Better Market Sentiment Regionally

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Jan 8 (Bernama) -- The local rubber market ended mixed on Wednesday amid the better performance of its regional peers and gains in benchmark crude oil prices, said a dealer.

Ambiq Team Up With ThinkAR To Launch Ultra-Lightweight Smart Glasses 

KUALA LUMPUR, Jan 8 (Bernama) -- Ambiq, a developer of ultra-low-power semiconductors and solutions enabling Edge artificial intelligence (AI), has partnered with ThinkAR, to unveil AiLens, the most lightweight smart glasses designed for everyday wear.

Carterra Ships Ultra Biosensor Platform, Wraps Up 2024 With Double-Digit Growth 

KUALA LUMPUR, Jan 8 (Bernama) -- Carterra Inc, the world leader in enabling high-throughput biology, announced it has delivered its first Carterra Ultra biosensor platform and closed 2024 with double-digit growth and record revenues.

A Net Rise Of 78 Mln New Jobs Created By 2030, Urgent Upskilling Needed -- World Economic Forum

KUALA LUMPUR, Jan 8 (Bernama) -- About 170 new roles are set to be created and 92 million displaced by 2030, resulting in a net rise of 78 million new jobs, according to the World Economic Forum (WEF).

Swift Energy To Focus On Expansion Plans After Strong ACE Market Debut

KUALA LUMPUR, Jan 8 (Bernama) -- Industrial automation and power systems, Swift Energy Technology Bhd, which debuted on the ACE Market of Bursa Malaysia today, is gearing up for its ambitious expansion plans to strengthen its presence in the ASEAN region.

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.