RM17.9 Bln Investments From China Approved From 2023 Until 1H2024 - MITI

KUALA LUMPUR, Oct 14 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) and the Malaysian Investment Development Authority (MIDA) are supervising investments of RM17.9 billion from China approved in the manufacturing sector from 2023 to the first half of 2024.

Budget 2025 To Pave Way For 13th Malaysia Plan, Address Cost-Of-Living Challenges : MIER

KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2025, set to be tabled on Oct 18, marks the final budget under the 12th Malaysia Plan (2021-2025) and is expected to lay the groundwork for the upcoming 13th Malaysia Plan (2026-2030).

500,000 AI-based Jobs Expected In Malaysia Within Six Years

KUALA LUMPUR, Oct 10 (Bernama) -- An estimated 500,000 artificial intelligence (AI)-based jobs across various sectors are expected to be created in Malaysia over the next six years, said Malaysia Internet of Things (IoT) Association deputy president Datuk P. Sri Ganes.

Perdana Petroleum Clinches RM19.1 Mln Work Order

KUALA LUMPUR, Oct 8 (Bernama) -- Perdana Petroleum Bhd (PPB), through wholly-owned subsidiary Perdana Nautika Sdn Bhd (PNSB), has accepted a work order award from DESB Marine Services Sdn Bhd valued at RM19.1 million to charter two units of accommodation workboat.

IBM Backs Malaysia’s Aspiration To Nurture New Generation Of Digital Professionals

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia recorded a demand for 42,835 digital jobs in the first quarter of 2024, highlighting the increasing importance of digital roles in industries such as banking and manufacturing.

Ringgit Opens Higher Against US Dollar On Firmer Oil Prices

KUALA LUMPUR, Oct 8  (Bernama) -- The ringgit opened higher against the US dollar this morning, supported by the firmer Brent crude oil prices which surpassed US$80 per barrel, said an analyst. 

Bursa Malaysia Opens Higher, Tracking Wall Street's Positive Performance

KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia opened higher in line with Wall Street’s positive performance after the United States September’s non-farm payrolls exceeded expectations, a sign that the economy remains strong.

Ringgit Seen Holding Steady Against US Dollar Next Week

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 5 (Bernama) -- The ringgit is expected to linger around at 4.21 to 4.22 against the US dollar next week but with an upside bias for the greenback after Friday’s US non-farm payrolls (NFP) unexpectedly rose sharply by 254,000 jobs in September.

Govt Wants More Local Tech Companies To Expand Their Business In Malaysia -- Gobind

PUTRAJAYA, Oct 4 (Bernama) -- In the excitement brought about by the surge of foreign investments in Malaysia’s digital economy, the government wants to see more homegrown technology companies “jump on the bandwagon” and expand their businesses in the country, Digital Minister Gobind Singh Deo said.

JCorp Launches New Container Operations At Tanjung Langsat Port

JOHOR BAHRU, Oct 4 (Bernama) -- Johor Corporation (JCorp), through its subsidiary JLand Group (JLG), has launched new container operations at the Tanjung Langsat Port (TLP), Johor, aimed at strengthening Malaysia’s position in the global oil, gas, and logistics industries.

Ringgit Reverses Recent Losses To Close Slightly Higher Vs US Dollar

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 4 (Bernama) -- The ringgit ended slightly higher at the close on Friday versus the US dollar, rebounding from recent losses.

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.