1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 18 (Bernama) -- The Federal government and the Johor state government have discussed sandbox initiatives to address the concerns of investors and industries in the Johor-Singapore Special Economic Zone (JS-SEZ).
1y ago
KUALA LUMPUR, April 16 (Bernama) -- Petronas Gas Bhd (PGB) estimates that gas restoration in Putra Heights, Subang Jaya, could take place by July 1, 2025, at the earliest, subject to the outcome of ongoing investigations, regulatory approvals, and actual progress on site.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, April 10 (Bernama) -- The 12th ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM) concluded today, with the grouping endorsing Malaysia’s Priority Economic Deliverables (PED) against a backdrop of debilitating tariffs imposed on member states, but it prodded members to further reaffirm their commitment to deepening financial integration and reinforcing regional economic resilience.
1y ago
KOTA BHARU, April 10 (Bernama) -- Hibiscus Petroleum Bhd recorded revenue of RM2.7 billion last year, with earnings before interest, tax, depreciation and amortisation (EBITDA) exceeding RM1 billion for the third consecutive year.
1y ago
By Nor Baizura Basri and Karina Imran
KUALA LUMPUR, April 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim strongly believes that trading countries should use the World Trade Organisation (WTO) platform to resolve trade issues and problems, including tariffs.
1y ago
KUALA LUMPUR, April 10 (Bernama) -- The ASEAN Infrastructure Fund (AIF) Action Plan (2025-2028) will catapult ASEAN’s role as the global standard in governance and sustainable development, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
1y ago
By M.Saraswathi
KUALA LUMPUR, April 10 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said Malaysia welcomes the United States’ (US) move to pause higher tariffs for numerous trading partners, while acknowledging that this volatility creates significant challenges for ASEAN economies.
1y ago
KUALA LUMPUR, April 10 (Bernama) -- The 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM) today is paramount for getting a buy-in from ministers for regional consensus to deal with crippling American tariffs.
1y ago
KUALA LUMPUR, April 9 (Bernama) -- The ringgit closed weaker against the US dollar today, weighed down by cautious market sentiment following reports of a 104 per cent tariff imposed on China, indicating the likelihood of a prolonged trade war.
1y ago
By Muhammad Faiz Baharin
KUALA LUMPUR, April 8 (Bernama) -- Bank Negara Malaysia (BNM) and the National Bank of Cambodia have launched the second phase of Cross-Border QR Payment, which will enable consumers and merchants in both countries to make and receive instant payments from participating financial institutions.
1y ago
KUALA LUMPUR, April 7 (Bernama) -- Innovative funding mechanisms are vital for ASEAN to accelerate its transition towards a low-carbon economy, while strengthening climate resilience, in a just, inclusive and orderly way, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
1y ago
KUALA LUMPUR, April 7 (Bernama) -- Petronas Gas Bhd (PGB) is actively evaluating both the financial and operational impacts of the fire incident at its main pipeline in Putra Heights, near Puchong, Selangor.