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Govt Optimistic KLIA Can Become Regional Cargo Hub -- Loke

SEPANG, Oct 4 (Bernama) -- The government is optimistic that Kuala Lumpur International Airport (KLIA) has the potential to become the region’s cargo hub, said Transport Minister Anthony Loke Siew Fook.

Malaysia's Semiconductor Industry Must Diversify To Sustain Global Position

KUALA LUMPUR, Oct 4 (Bernama) —  Malaysia’s semiconductor industry must diversify and go beyond its heavy reliance on multinational corporations and manufacturing capabilities to secure its position in the global market, especially in the face of potential disruptions, said Economy Minister Rafizi Ramli.

ECERDC Secures RM3.1 Bln In Realised Investments In Terengganu, On Fast Track To Achieve RM4.2 Bln In 2024

KUALA LUMPUR, Oct 4 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) has realised investments totalling RM3.1 billion in Terengganu, 98 per cent of which is in the manufacturing sector and the balance in the tourism sector

Msia: 53 PCT Of E&E, Semiconductor Companies Optimistic On Business Outlook In 4Q

KUALA LUMPUR, Oct 4 (Bernama) -- According to the Malaysia Semiconductor Industry Association (MSIA), 53 per cent of companies in the electrical and electronics (E&E) and semiconductor sectors are optimistic about the business outlook for the fourth quarter of 2024 (4Q).

India To Spend US$1.2 Bln Over Seven Years To Cut Edible Oil Imports

By Shakir Husain

NEW DELHI Oct 4 (Bernama) -- India will spend 101 billion rupees (US$1.2 billion) over the next seven years to reduce its dependence on edible oil imports.

Malaysia, Pakistan Leaders Commit To Enhancing Trade And Commerce - Anwar

From Mohd Haikal Mohd Isa

ISLAMABAD, Oct 3 (Bernama) -- There is a clear commitment from the leadership of Malaysia and Pakistan to resolve any issues that could impede the flourishing trade and commerce between the two countries, said Prime Minister Datuk Seri Anwar Ibrahim.

Penang Hopes Two State Projects Approved In Budget 2025

GEORGE TOWN, Oct 3 (Bernama) -- Penang hopes that two important state projects, the Juru-Sungai Dua Elevated Expressway and the Penang Silicon Design @5km+, can be approved in the tabling of Budget 2025, said Chief Minister Chow Kon Yeow.

Sarawak Mulls Forming 'Consolidated Entity' For State's Asset Management, Investment - Abang Jo

KUCHING, Oct 3 (Bernama) -- Sarawak is considering establishing a “consolidated entity” for the asset management and investment of the state government, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

Airbnb Hopes Govt Supports, Endorses STRA Guidelines In Budget 2025

KUALA LUMPUR, Oct 3 (Bernama) -- Airbnb hopes that the government will support and endorse the national short-term rental accommodation (STRA) guidelines and recognise the potential of the sharing economy in the hospitality sector in Budget 2025. 

Political Stability, Govt Policies Attracting Global Investors To Malaysia

KUALA LUMPUR, Oct 3 (Bernama) -- Malaysia's political stability and the confidence-inspiring policies of the MADANI government have successfully attracted major global technology companies to choose the country as their investment destination, said Digital Minister Gobind Singh Deo.

Malaysia’s BRICS Entry Will Boost Johor's Investment, Trade Potential Through JS-SEZ - Onn Hafiz

ISKANDAR PUTERI, Oct 3 (Bernama) -- Malaysia’s entry into the BRICS economic bloc will bring greater investment and trade potential to Johor through the Johor-Singapore Special Economic Zone (JS-SEZ), said Johor Menteri Besar Datuk Onn Hafiz Ghazi.

Ringgit Expected to Remain Strong, Says AMRO Chief Economist

KUALA LUMPUR, Oct 3 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) expects the Malaysian ringgit to remain strong as one of the region’s best-performing currencies, according to chief economist Hoe Ee Khor.