1y ago
By M. Saraswathi
LIMA (Peru), Nov 13 (Bernama) -- The Ministry of Investment, Trade and Industry’s (MITI) strategic approach to the 31st Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Week (AELW) 2024 includes ensuring a resilient and inclusive global economy.
1y ago
KUALA LUMPUR, Nov 13 (Bernama) -- The Kuala Lumpur rubber market continued to end mixed on Wednesday amid gains in crude oil prices, a dealer said.
1y ago
KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) returned to the black with a net profit of RM15.27 million in the third quarter ended Sept 30, 2024 (3Q 2024), compared to a net loss of RM105.21 million in 3Q 2023.
1y ago
From Nashir Mansor
CAIRO, Nov 12 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) through its agency the Malaysian Investment Development Authority (MIDA) has identified 12 leading Egyptian manufacturing companies interested in exploring investment opportunities in Malaysia.
1y ago
From M. Saraswathi
LIMA (Peru), Nov 12 (Bernama) -- Economic and geopolitical factors are slowing growth in the Asia Pacific Economic Cooperation (APEC) region, which consists of 21 member economies, according to the APEC Regional Trends Analysis report.
1y ago
KUALA LUMPUR, Nov 12 (Bernama) -- The government's concerted measure to encourage government-linked companies (GLCs), government-linked investment companies (GLICs) and corporates to consistently repatriate foreign investment income and convert them into ringgit does not involve the sale of assets and their investments abroad.
1y ago
KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia has significant potential to become a regional hub for electric vehicle (EV) manufacturing in ASEAN, thanks to its 40-year history in automotive production since 1983 and its strong semiconductor cluster, said Deputy Minister of Investment, Trade and Industry Liew Chin Tong.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia failed to sustain the buying momentum seen in most part of the day to end marginally lower on last-minute selling, amid the weaker performance in regional peers.
1y ago
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.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia’s key index remained positive at midday today, mainly boosted by plantation stocks.
1y ago
KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia’s natural rubber (NR) production decreased by 13.9 per cent to 30,929 tonnes in September 2024 compared to 35,908 tonnes in August 2024, according to the Department of Statistics Malaysia (DOSM).
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit retreated to close lower against the US dollar on Monday as investors turned cautious in a data-packed week that included US inflation numbers, an economist said.