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AM Best To Sponsor, Present At 29th Indonesia Rendez-Vous Conference In Bali

KUALA LUMPUR, Sept 26 (Bernama) -- Global credit rating agency, AM Best will sponsor, exhibit and lead a session at the 29th Indonesia Rendez-Vous Conference, taking place for three days beginning Oct 15 in Bali, Indonesia.

Swiss Investments In Malaysia Rise After MEEPA Signing

By Nur Athirah Mohd Shaharuddin & Ahmad Erwan Othman

KUALA LUMPUR, Sept 26 (Bernama) -- The inflow of investments from Switzerland into Malaysia has increased following the signing of the EFTA-Malaysia Economic Partnership Agreement (MEEPA), according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Ringgit Eases Versus Greenback On Firm US Economic Data

KUALA LUMPUR, Sept 26 (Bernama) -- The ringgit eased against the US dollar on Friday as the greenback gained momentum following stronger United States (US) economic data.

U.S. Does Not Rule Out Further Tariffs On ASEAN Countries If Trade Deals Unfavourable To Washington – USTR

By Mikhail Raj Abdullah and Maizatul Jamny Muhammad Rosli

KUALA LUMPUR, Sept 25 (Bernama) -- The United States (US) has not ruled out imposing another round of tariffs on countries in the Association of Southeast Asian Nations (ASEAN) if trade negotiations fail to produce a favourable outcome for Washington.

EU Sees ASEAN As The Best Economic Opportunity - Sefcovic

KUALA LUMPUR, Sept 25 (Bernama) -- The European Union (EU) views ASEAN as the best economic opportunity, driven by strong business confidence and growing economic potential, said the European Commissioner for Trade and Economic Security, Interinstitutional Relations and Transparency, Maros Sefcovic.

Ringgit Rises Against Greenback, Major Currencies Ahead US PCE Data

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit ended marginally higher against the greenback on Thursday as improved market sentiment emerged ahead of the release of the US Personal Consumption Expenditures (PCE) inflation data on Friday.

LTMS Power Grid A Model For ASEAN Power Integration

KUALA LUMPUR, Sept 25 (Bernama) -- The Laos-Thailand-Malaysia-Singapore (LTMS) Power Integration Project (PIP) and the proposed Peninsular and Borneo grids will serve as models for ASEAN’s push towards a fully connected regional power network, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

SGMW Showcases Intelligent Manufacturing, New Energy Innovations At 22nd ASEAN Expo

KUALA LUMPUR, Sept 25 (Bernama) -- SAIC-GM-Wuling (SGMW) concluded its participation at the 22nd ASEAN Expo by unveiling its Intelligent Island Manufacturing System (I²MS), New Energy Technology Matrix, and Starlight 730 Right-Hand Drive (RHD) version under the theme of “Wuling Going Global with New Quality”.

RCEP Plans 2027 Review To Keep Agreement Relevant

By Nor Baizura Basri

KUALA LUMPUR, Sept 25 (Bernama) -- The Regional Comprehensive Economic Partnership (RCEP) member states are working towards a 2027 general review of the agreement to ensure that the partnership remains relevant amidst a changing economic landscape.

RCEP Members Greenlight Accession Talks For New Entrants

By Maizatul Jamny Muhammad Rosli, Nurunnasihah Ahmad Rashid, Siti Noor Afera Abu & Nur Athirah Mohd Shaharudin

KUALA LUMPUR, Sept 25 (Bernama) -- Member countries of the ASEAN-led Regional Comprehensive Economic Partnership (RCEP) are open to expanding the pact, which covers about 30 per cent of the world's gross domestic product (GDP), trade, and population.

Ringgit Holds Steady Against Greenback Amid PBoC Fixing

KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit held steady against the US dollar at opening on Thursday, amid the recent People's Bank of China’s (PBoC) pressure on market sentiment.

Malaysia-North Sumatera Trade Value Exceeds US$1 Bln In 2024

By Mohd Iswandi Kasan Anuar

JAKARTA, Sept 24 (Bernama) -- Malaysia’s bilateral trade with North Sumatra exceeded US$1 billion (US$1=RM4.19) in value last year, making Malaysia the second-largest ASEAN investor in the region, according to Malaysian Consul General in Medan, Shahril Nizam Abdul Malek.