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.

Green Energy Sector Can Attract Foreign Direct Investment To Malaysia

KUALA LUMPUR, Oct 28 (Bernama) -- The green energy sector has major potential to attract more foreign direct investment (FDI) to Malaysia as the world moves toward sustainable energy sources.

Bursa Ends Lower On Heightened Caution In Data-heavy Week, Ahead Of US Election

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia ended lower on Monday as a data-heavy week heightened caution amid ongoing concerns about the US election, the interest rate outlook and the crisis in the Middle East.

ECERDC To Continue Efforts To Attract High-value Investments To PTP, GHP

KUALA LUMPUR, Oct 28 (Bernama) -- The government, through the East Coast Economic Region (ECER) Development Council (ECERDC), will continue to focus on attracting private investments and realising high-value investment projects in the region, especially the Pahang Technology Park (PTP) and Gambang Halal Park (GHP).

Govt Outlines 11 Potential Sectors For Bumiputera Including HGHV Industries

KUALA LUMPUR, Oct 24 (Bernama) -- The government has outlined 11 potential sectors to be capitalised by the bumiputera community, including high-growth, high-value (HGHV) industries.

Govt To Prioritise Ringgit Use In International Settlements – MITI

KUALA LUMPUR, Oct 24 (Bernama) -- The government will continue to promote the use of local currency in international settlements and periodically enhance mechanisms with strategic partner countries.

Anwar's Russia Visit Expands Malaysia's Geo-economic Reach, Global Cooperation – MITI

KUALA LUMPUR, Oct 24 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s visit to Russia marked a strategic effort by the Madani Government to bolster Malaysia-Russia relations, broaden Malaysia’s geo-economic influence, and elevate its global economic standing.

Syarikat Jaminan Pembiayaan Perniagaan Bhd Approves RM1.59 Bln In Financing Guarantees For MSMEs -- MITI

KUALA LUMPUR, Oct 23 (Bernama) -- Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) has approved RM1.59 billion in financing guarantees as of Sept 30 2024 for micro, small and medium enterprises (MSMEs) in the green economy, high technology and halal fields from a RM20 billion guarantee fund allocation.

Anwar's Visit And Investment Promotion Mission Generate RM82.6 Bln In Potential Investments – MITI

KUALA LUMPUR, Oct 23 (Bernama) -- A total of eleven Trade and Investment Missions (TIM), including six official visits led by Prime Minister Datuk Seri Anwar Ibrahim from January to September 2024, have resulted in potential investments totalling RM82.6 billion.

Malaysia's Energy Transition Development Attracts Interest Of Japanese - Fadillah

KUALA LUMPUR, Oct 23 (Bernama) -- The rapid development of Malaysia’s energy transition, especially green and renewable energy and the overall energy market has attracted the interest of the Japan Bank for International Cooperation (JBIC).

MAB Focuses On Enhancing Training, Hiring Workers To Address Demand, Modern Aircraft

KUALA LUMPUR, Oct 23 (Bernama) -- Malaysia Airlines Bhd (MAB) has expressed its commitment to focusing on improving training and recruitment to address the increasing demand and complexity of modern aircraft.

Three Companies Qualify For Online Bid To Supply Renewable Energy

KUALA LUMPUR, Oct 23 (Bernama) -- Three companies have met all the requirements to participate in the online bidding on June 16, 2024, for a pilot project to supply renewable energy (RE) across borders to Singapore via Energy Exchange Malaysia (ENEGEM).