1y ago
KUALA LUMPUR, Nov 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s official visit to Egypt has bolstered Malaysia-Egypt bilateral relations, unlocking RM4.8 billion (US$1.1 billion) in potential export opportunities for Malaysia, according to the Ministry of Investment, Trade and Industry (MITI).
1y ago
KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia’s gross domestic product (GDP) for the third quarter of 2024 (3Q 2024) is expected to moderate to 5.3 per cent year-on-year (y-o-y), supported by continued expansion across most sectors, particularly manufacturing and services, said Hong Leong Investment Bank Bhd (HLIB).
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
KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia aims to maintain its strong economic growth momentum while prioritising the sustainable development goals (SDGs), with a particular focus on climate change, renewable energy, and emerging technologies -- areas where China has demonstrated significant strength.
1y ago
KUALA LUMPUR, Nov 12 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said that any form of protectionism will affect countries in terms of trade and investment.
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) -- Forest City in Johor is emerging as a strategic hub for businesses and investors, supported by great air and sea connectivity, and is focused on creating economic growth and sustainability, according to its Chinese developer Country Garden Group.
1y ago
KUALA LUMPUR, Nov 12 (Bernama) -- PMB Investment Bhd and Bank Islam Malaysia Bhd (BIMB) have signed a memorandum of understanding (MoU) to establish a strategic collaboration aimed at expanding Shariah-compliant investment opportunities.
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) -- The 2024 Global Investment Promotion Conference for the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) kicked off in Guangzhou, gathering leaders from 650 Fortune Global 500 companies and representatives from 89 countries, on Nov 8.
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.