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Malaysia Welcomes Proposed US$14.7 Bln Investment By US Tech Giants -- Anwar

From Rosmalis Anuar

VIENTIANE, Oct 10 (Bernama) -- Malaysia has welcomed the proposed US$14.7 billion (US$1=RM4.29) investment by United States (US) technology giants -- Google, Microsoft, Enovix Corporation, Amazon Web Services, Abbott Laboratories, and Boeing.

PM Anwar Calls For Enhanced ASEAN-Australia Cooperation

From Sharifah Hunaini Syed Ismail

VIENTIANE, Oct 10 (Bernama) -- Malaysia has called for strengthened cooperation between ASEAN member countries and Australia, particularly in the area of human capital development.

Budget 2025: Reduce Rubber Glove Export Levy By Half, Says Top Glove

KUALA LUMPUR, Oct 10 (Bernama) -- Glove manufacturer Top Glove Corporation Bhd has called on the government to reduce the rubber glove export levy by at least by 50 per cent in Budget 2025.

Public Bank To Acquire 44.15 Pct In LPI Capital For RM1.72 Bln Cash

KUALA LUMPUR, Oct 10 (Bernama) -- Public Bank Bhd has proposed to acquire a 44.15 per cent stake in LPI Capital Bhd, comprising 175.9 million shares, for RM1.72 billion in cash or RM9.80 per share.

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).

Malaysia, UAE Enhance Trade Prospects After Concluding CEPA Negotiations - Tengku Zafrul

KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia and the United Arab Emirates (UAE) have successfully concluded the negotiations for a Comprehensive Economic Partnership Agreement (CEPA), set to eliminate or reduce tariffs, lower trade barriers, foster private-sector collaboration, and create new investment opportunities.

MIDA Achieves Nearly Half Of RM2.5 Bln Investment Goal At IGEM 2024 As Of 2nd Day

KUALA LUMPUR, Oct 10 (Bernama) -- The Malaysian Investment Development Authority (MIDA) today unveiled seven memoranda of understanding (MoUs) with potential investments of over RM1 billion in the green sector at the International Greentech & Eco Products Exhibition & Conference 2024 (IGEM) here.

Rising Demand And Supportive Policies Key To Malaysia AI Market Growth - IBM Malaysia

KUALA LUMPUR, Oct 10 (Bernama) -- IBM Malaysia said the growing demand for artificial intelligence (AI)- driven solutions, alongside supportive government policies promoting technological innovation, will drive Malaysia’s AI market growth.

ASEAN-BAC Outlines Initiatives For 2025, Including ASEAN IPO - Nazir Razak

By Sharifah Hunaini Syed Ismail & Rosmalis Anuar

VIENTIANE, Oct 10 (Bernama) -- The ASEAN Business Advisory Council (ASEAN-BAC) has outlined several key initiatives that will be highlighted during Malaysia's chairmanship next year, including an initial public offering (IPO) framework for the 10-member bloc.

ASEAN+3 Faces Challenges From Inflation Resurgence And Geopolitical Uncertainty -- AMRO

SINGAPORE, Oct 10 (Bernama) -- ASEAN+3 economies should, in the near term, remain vigilant against the risks associated with a resurgence in inflation, escalating geopolitical tensions, and a global growth slowdown, which could challenge the resilience of the region's financial system.

Malaysia Increasingly Attractive To Foreign Investors -- UBS Global Research

KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia has become increasingly attractive to foreign investors due to several factors, such as the country’s political stability and track record in exercising fiscal responsibility, said UBS Global Research. 

MIDF Expects Westports To Achieve 4.2 Pct Container Volume Growth For FY2024

KUALA LUMPUR, Oct 10 (Bernama) -- MIDF Research expects Westports Holdings Bhd’s container volume in the second half of 2024 (2H FY2024) to increase by 2.2 per cent year-on-year (y-o-y) to achieve a full-year growth target of 4.2 per cent.