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Salary Hike A Boon For Retail, Travel Sectors

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Jan 20 (Bernama) -- The government's move to raise the salaries of civil servants and the minimum wage is set to positively impact the retail and travel sectors, which rely heavily on consumer spending.

HLB Forecasts Malaysia's Economic Growth At 4.5 To 5.0 Pct For 2025

KUALA LUMPUR, Jan 18 (Bernama) -- Malaysia's economy is projected to grow at a moderate pace of 4.5 per cent to 5.0 per cent in 2025, benefitting from strong economic fundamentals and an uptick in foreign investments, Hong Leong Bank Bhd (HLB) said.

CPO Futures End Mostly Higher

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher on Friday, despite facing some pressure due to weak demand.

Guangdong Retains China's Top Economy In 2024, GDP Exceeds 14 Trillion Chinese Yuan

KUALA LUMPUR, Jan 17 (Bernama) -- Guangdong is set to maintain its position as China’s top provincial economy in 2024, with its gross domestic product (GDP) projected to surpass 14 trillion Chinese yuan, according to the Guangdong Provincial People’s Congress report on Jan 15. (100 Chinese yuan = RM61.43)

DPM Fadillah Urges OEMs To Embrace Green Practices, Technology And Renewable Energy Integration

KUALA LUMPUR, Jan 16 (Bernama) -- Original equipment manufacturers (OEMs) are urged to adopt eco-friendly practices, invest in green technologies and integrate renewable energy (RE) into their operations, enabling them to drive innovation in sustainable mobility.

NexV Manufacturing, Global Nev Technology Ink Partnership For Commercial EV Assembly

KUALA LUMPUR, Jan 16 (Bernama) -- NexV Manufacturing Sdn Bhd (NMSB) and Global NEV Technology Sdn Bhd (GNEV) have inked a memorandum of understanding (MoU) to explore strategic collaborations in the assembly and manufacturing of new energy vehicles (NEVs) in Malaysia.

Business Interruption Remains Top Concern For Business Risks In Malaysia In 2025 - Allianz

KUALA LUMPUR, Jan 16 (Bernama) -- Business interruption remains the top concern for business risks in Malaysia this year, alongside fire and explosion, as well as changes in legislation and regulation, according to the Allianz Risk Barometer 2025 report.

Bursa Malaysia Ends Lower On Heavy Foreign Selling

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 16 (Bernama) -- Bursa Malaysia gave up early gains to end at an intraday low on Thursday due to massive foreign selling, and bucking the regional trend in the process.

Sarawak Oil Palms Eyes RM1.5 Mln Revenue With AvantHealth Product's Debut In China

KUALA LUMPUR, Jan 16 (Bernama) -- Sarawak Oil Palms Bhd is targeting revenue of RMB 2.4 million (RM1.5 million) as its flagship product, AvantHealth Avtriee Tocotrienols, makes its debut in the Chinese market.

Business Sentiment Among Japanese Companies In Malaysia Continues To Improve: Jetro

KUALA LUMPUR, Jan 16 (Bernama) -- Business sentiment among Japanese companies in Malaysia has improved for the fourth consecutive year, even as competition intensifies, according to the Financial Year 2024 Survey by the Japan External Trade Organisation Kuala Lumpur (Jetro).

CPO Futures Extend Downtrend On Weaker Demand

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 15 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its downtrend today on weaker demand from key market destinations, namely India, China and the European Union. 

Malaysia Strengthens Its Position As Leading Foreign Investment Destination - Fahmi

PUTRAJAYA, Jan 15 (Bernama) – Malaysia continues to strengthen its position as a leading foreign investment destination even as the Abu Dhabi Investment Authority (ADIA) expresses its commitment to increase investments in Malaysia, said Communications Minister Fahmi Fadzil.