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Malaysia Proposes Changes To Global Financial Architecture For Fair Trade

KUALA LUMPUR, Nov 21 (Bernama) -- Malaysia has called upon the International Monetary Fund (IMF) and World Trade Organisation (WTO) to reform the global financial architecture to support free trade without discrimination against smaller nations, said Prime Minister Datuk Seri Anwar Ibrahim.

Labuan’s Tax Regime Supports Eligible Businesses With Many Incentives - Lim

LABUAN, Nov 16 (Bernama) -- The issue of extending three per cent tax benefits to all business sectors in Labuan does not arise, as various incentives are already in place under existing tax laws, said Deputy Finance Minister Lim Hui Ying.

Malaysia Stands Ready To Align Policies To Match New Demands, Industries - PM Anwar

LIMA (Peru), Nov 15 (Bernama) — Malaysia stands ready to align its policies to match new demands and ever-evolving industries in a multi-pronged approach to continuously attract high-value investments.

Daim Zainuddin A Loyal Businessman, Politician

KUALA LUMPUR, Nov 13 (Bernama) -- Former Finance Minister Tun Daim Zainuddin was a loyal businessman and politician and was instrumental in the country's business landscape in the 1980s and 1990s, said former editor-in-chief of the Malaysian National News Agency (Bernama) Datuk Yong Soo Heong.

Malaysia Poised To Become ASEAN's Regional Hub For EV Manufacturing -- Liew Chin Tong

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.

Malaysia To Monitor United States' New Economic Policy

GEORGE TOWN, Nov 11 (Bernama) -- Malaysia will monitor the new economic policies to be released by the upcoming United States (US) cabinet, following Donald Trump’s recent presidential election victory.

Jendela Project: U Mobile Completes 78 Out Of 81 Towers - Fahmi

KUCHING, Nov 10 (Bernama) -- U Mobile Sdn Bhd has completed 78 out of 81 towers assigned to them under the National Digital Network Plan (JENDELA), according to Communications Minister Fahmi Fadzil.

FGV Plans To Export CPKO To Europe Via Customer-end Products

From Nur Athirah Binti Mohd Shaharuddin

SUNGKAI, Nov 8 (Bernama) -- FGV Holdings Bhd will leverage its existing customer base to export crude palm kernel oil (CPKO) products to Europe by the end of this year.

Fahmi : Premature To Reveal Conditions For U Mobile’s 5G Network

PUTRAJAYA, Nov 8 (Bernama) -- U Mobile Sdn Bhd will be subject to specific conditions set by the Malaysian Communications and Multimedia Commission (MCMC) as it develops Malaysia’s second 5G network, said Communications Minister Fahmi Fadzil.

RM500 Mln To RM1.2 Bln Assets Under Management Expected From Family Office Scheme Within First 5 Years - Amir Hamzah

KUALA LUMPUR, Nov 5 (Bernama) -- The government estimates the range of assets under management (AUM) to be between RM500 million and RM1.2 billion within the first five years of implementing the family office scheme, targeting families from within the country, the region and abroad, such as from the Middle East.

Khazanah, PNB Clarify Their Divestment From FashionValet

KUALA LUMPUR, Nov 1 (Bernama) -- Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) have issued separate statements on their RM43.9 million losses after selling their stakes in e-commerce platform Fashion Valet Sdn Bhd for RM3.1 million.

Sweden-Malaysia Economic Ties Flourish, FDI Soars & Semiconductor Sector Emerges As Key Growth Area

KUALA LUMPUR, Nov 1 (Bernama) -- Economic ties between Sweden and Malaysia have flourished over the years, with Swedish foreign direct investment (FDI) in Malaysia soaring to US$1.43 billion (US$1=RM4.37) to date from US$113 million in 2014.