Ringgit Stages Rebound To End Higher Against Greenback Ahead Of US Inflation Report

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit snapped a two-day losing streak to end higher against the greenback on Thursday on rising bets for an interest rate cut in the United States next month and ahead of a key US inflation report tomorrow.

Malaysia Stresses Urgency Of Grid Modernisation, Regional Cooperation At APEC

BUSAN, Aug 28 (Bernama) – Malaysia stands ready to work with 21 Asia Pacific Economic Cooperation (APEC) economies to build power systems that are resilient, adaptive, and capable of supporting the shared transition to low-carbon growth, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Malaysia Aims To Be Among Top 12 In Global Competitiveness By 2030 – Liew

KUALA LUMPUR, Aug 28 (Bernama) -- Malaysia aims to be listed among the 12 most competitive countries in the world by 2030, in line with the target under the 13th Malaysia Plan (13MP), said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

CPO Futures End Higher Despite Weakness In Global Edible Oil Markets

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 27 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Wednesday, ignoring the sell-off in Chicago Board of Trade (CBOT) soybean oil futures overnight and Chinese vegetable oil futures’ sideway moves, said an analyst.

Malaysia, South Korea Expected To Ink MoU On Clean Energy Cooperation By Year-end

BUSAN, Aug 27 (Bernama) -- Malaysia and South Korea are expected to sign a memorandum of understanding (MOU) to deepen collaboration in the energy sector, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

China’s Guigang Gears Up For 2025 EV Conference, Marks 10 Years Of Industry Growth

KUALA LUMPUR, Aug 27 (Bernama) -- Guigang City is accelerating its momentum in the global electric vehicle (EV) race, as officials announced the Fifth (2025) New Energy Electric Vehicle Industry Development Conference will be held in Nanning on Aug 28.

Malaysia, Brunei Vow To Boost Energy, Trade Ties

PUTRAJAYA, Aug 27 (Bernama) -- Malaysia and Brunei pledged to advance cooperation in energy, connectivity, agriculture, tourism and the halal industry, a joint statement said on Wednesday.

Malaysia Remains Competitive Despite New US Tariff Rates - MITI

KUALA LUMPUR, Aug 26 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has reiterated that Malaysia remains in an overall competitive position despite the new tariff rates imposed on the country by the United States.

KPK Submitting Application For CPKO SST Exemption To MOF

KUALA LUMPUR, Aug 26 (Bernama) -- The Ministry of Plantation and Commodities (KPK) is submitting a request to the Ministry of Finance (MOF) for crude palm kernel oil (CPKO) and palm kernel olein to be exempted from the Sales and Services Tax (SST), both of which currently taxed at a rate of five per cent.

Demand For Traditional Japanese Porcelain To Expand In Malaysia

ARITA (Japan), Aug 24 (Bernama)  -- The demand for traditional Japanese porcelain with aesthetic designs will continue to expand in Malaysia and other overseas markets, said Shobido-Honten, a porcelain trading company based in the town of Arita in the Saga prefecture.

Fadillah To Lead Malaysia At APEC Energy Ministers Meeting In Busan

From Harizah Hanim Mohamed

BUSAN, Aug 24 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof will lead Malaysia’s delegation to the 15th APEC Energy Ministers Meeting (APEC EMM15) in Busan, South Korea, reaffirming the country’s commitment to net-zero greenhouse gas emissions by 2050 and its role in regional energy cooperation.

Malaysia Palm Oil Outlook To Stay Bullish On Strong Exports, High CPO Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 24 (Bernama) -- Malaysia’s palm oil industry is expected to stay bullish in the near term, supported by stronger exports and easing inventories, Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa said.