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Malaysia Has Great Potential In Downstream REE Industry, Supporting EV Manufacturing -- Nik Nazmi

KUALA LUMPUR, Nov 11 (Bernama) -- Malaysia has a great potential in the downstream rare earth elements (REE) industry as a super magnet-producing country, particularly for supporting the growth of the electric vehicle (EV) manufacturing industry, the Dewan Rakyat was told today.

Sarawak Projects Up To 6 Pct Economic Growth In 2024 -- Abang Johari

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.

Labuan FSA Advances Islamic Fintech, Captive Insurance With Shariah Blockchain, Zero-tax Incentive

By Jailani Hasan

LABUAN, Nov 8 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) is strengthening its digital and Islamic finance landscape with the launch of a Shariah-compliant blockchain masterplan and new tax incentives, aiming to transform Labuan into a leading digital financial hub.

Rally In CPO Futures Lifts Bursa Derivatives To Record Monthly Trading Volume In October

KUALA LUMPUR, Nov 8 (Bernama) -- Bursa Malaysia Derivatives (BMD) Bhd recorded an all-time high monthly trading volume for all its products combined with a total of 2.34 million contracts traded in October 2024.

SDEC 2024 Draws 20,000 Attendees, Generating RM100 Mln In Potential Transactions

KUALA LUMPUR, Nov 8 (Bernama) -- The Selangor Smart City and Digital Economy Convention (SDEC) 2024, held from Oct 16-19, attracted over 20,000 participants and generated an estimated RM100 million in potential transactions through strategic partnerships and business engagements.

Investment Inflows, Strong Business Confidence To Support Malaysia's GDP Growth For 2024, 2025

KUALA LUMPUR, Nov 7 (Bernama) -- An increase in investment inflows, improved tax collection relative to Gross Domestic Product (GDP), and a narrower fiscal deficit are positive catalysts expected to drive Malaysia's economy to grow between 5.0 per cent and 5.5 per cent in 2024 and 2025.

BNM's OPR Hold Signals Positive Outlook For Investment Growth - Economists

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate at 3.00 per cent at its final Monetary Policy Committee (MPC) meeting of the year reflects the central bank’s support for domestic economic growth.

BNM Maintains OPR Unchanged At 3.0 Pct

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent at its meeting today.

Foreign Workers' EPF Contribution Proposal Aims To Address Wage Equity - Amir Hamzah

KUALA LUMPUR, Nov 6 (Bernama) -- The introduction of Employees Provident Fund (EPF) contribution by foreign workers aims to facilitate wage equity in the country, ensuring that local labour is not disadvantaged along the way, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Gold Futures End Higher

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 5 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today as the United States (US) election draws near.

SMEs Set To Benefit From Tax Incentives, Initiatives In Budget 2025 - Academician

KUALA LUMPUR, Nov 5 (Bernama) -- Small and medium enterprises (SMEs) can navigate the evolving tax landscape, optimise their financial performance, and secure a competitive edge in the market by leveraging the measures in Budget 2025 strategically, an academician said.

Govt’s Energy Policies Provide Opportunities For OGSE Players To Expand, Enter New Markets

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.