1y ago
From Zarul Effendi Razali
ABU DHABI, Nov 13 (Bernama) -- Various initiatives under the MADANI Economic Framework, among other matters, will be highlighted during Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi’s seven-day official visit to the United Arab Emirates (UAE), which started today.
1y ago
KUALA LUMPUR, Nov 13 (Bernama) -- The Kuala Lumpur rubber market continued to end mixed on Wednesday amid gains in crude oil prices, a dealer said.
1y ago
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.
1y ago
KUCHING, Nov 11 (Bernama) -- Sarawak is projected to experience resilient economic growth of five to six per cent in 2024 due to strong external demand, increased domestic activities and easing inflationary pressures.
1y ago
KUALA LUMPUR, Nov 7 (Bernama) -- Petroliam Nasional Bhd (Petronas), through its Malaysia Petroleum Management (MPM) division, has signed two memoranda of understanding (MoUs) aimed at enhancing technology and operational efficiencies in Malaysia's exploration and production (E&P) sector.
1y ago
KUALA LUMPUR, Nov 7 (Bernama) -- Amid ongoing economic challenges, Public Investment Bank (IB) Bhd anticipates Bank Negara Malaysia (BNM) will maintain a cautious stance through 2025, likely holding the overnight policy rate (OPR) steady at 3.00 per cent for the year.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 6 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, supported by gains in regional futures markets and a weaker ringgit against the US dollar, a dealer said.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- Petronas, through Malaysia Petroleum Management (MPM), has partnered with Earth Science Analytics (ESA) and Amazon Web Services (AWS) to leverage advanced artificial intelligence (AI) and machine learning (ML) technologies to accelerate exploration efforts in the Malay Basin and enhance data capabilities of the Petronas myPROdata platform.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- Kuala Lumpur plays an important role in the country’s economic growth, recording an export value of RM49.54 billion, an increase of 4.9 per cent in the first nine months of 2024 compared to the same period last year, according to the Malaysia External Trade Development Corporation (MATRADE).
1y ago
HANGZHOU (China), Nov 6 (Bernama) -- Electric vehicles (EVs) are gaining momentum globally, with China at the forefront of this shift toward eco-friendly transportation.
1y ago
KUALA LUMPUR, Nov 5 (Bernama) -- The oil and gas services and equipment (OGSE) sector should see the government’s robust energy transition policies as opportunities to expand, enter new markets and team up with international partners, said Ministry of Economy Secretary-General Datuk Nor Azmie Diron.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 4 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, following the downtrend in the regional rubber futures market and the strengthening of the ringgit against the United States (US) dollar, a dealer said.