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Taiwan-Malaysia Trade Value Hits RM176.10 Bln In 2024, 38.5 Pct Growth - MATRADE

KUALA LUMPUR, June 10 (Bernama) -- Taiwan was Malaysia’s fourth-largest trading partner in 2024, with trade valued at RM176.10 billion, representing a 38.5 per cent growth from the previous year, according to the Malaysia External Trade Development Corporation (MATRADE). 

Ringgit Weakens As US-China Trade Talks Continue In London

By Siti Noor Afera Abu

KUALA LUMPUR, June 10 (Bernama) -- The ringgit depreciated against the US dollar today as market attention remained fixed on the second day of United States-China trade discussions in London.

Taiwan Eyes Deeper ICT Collaboration With Malaysia - TAITRA

KUALA LUMPUR, June 10 (Bernama) -- Taiwan is well positioned to support Malaysia in developing data centres, particularly in the area of information and communications technology (ICT), said Taiwan External Trade Development Council (TAITRA) deputy executive director Keven Cheng. 

CPO Futures End Higher Ahead Of MPOB Data

By Zufazlin Baharuddin

KUALA LUMPUR, June 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, ahead of key data from the Malaysian Palm Oil Board (MPOB) due on Tuesday.

Targeted Revision Of Sales Tax Rate, Expansion Of Service Tax Scope Effective July 1, 2025

KUALA LUMPUR, June 9 (Bernama) -- The Ministry of Finance has issued a statement on the implementation of revised Sales Tax (ST) rates and expanded scope of the Service Tax effective July 1, 2025. The aim is to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.

BNM's International Reserves Increase To US$119.60 Bln As At May 30

KUALA LUMPUR, June 9 (Bernama) -- Malaysia’s international reserves grew marginally to US$119.60 billion as at May 30, 2025, from US$119.10 billion recorded as at May 15, 2025, according to Bank Negara Malaysia (BNM).

Ringgit Ends Marginally Lower Against Greenback On Stronger US Dollar Index

By Danni Haizal Danial Donald

KUALA LUMPUR, June 6 (Bernama) -- The ringgit closed marginally lower against the US dollar on Friday, amid a stronger US Dollar Index (DXY) as traders await US Nonfarm Payroll (NFP) data tonight, said an analyst.

Malaysia Seeks Strategic Ties With China’s Anhui In Digital, Green Tech, Palm Oil

From Kisho Kumari Sucedaram

HUANGSHAN, June 5 (Bernama) -- Malaysia is seeking to forge strategic partnerships with China’s Anhui Province in the digital economy, green technology and palm oil sectors under the Regional Comprehensive Economic Partnership (RCEP) framework to expand future-oriented regional cooperation.

UnionPay Expands Payment Infrastructure Linking ASEAN, GCC And China

KUALA LUMPUR, June 4 (Bernama) -- UnionPay has announced its support for deeper regional integration through payment services across the Association of Southeast Asian Nations (ASEAN), and Gulf Cooperation Council (GCC) countries, and China, following its chairman’s participation in the ASEAN-GCC-China Economic Forum 2025 held in Kuala Lumpur, Malaysia.

Halal International Selangor Driving Global Halal Industry, Market Access, And Inclusive Growth

KUALA LUMPUR, June 4 (Bernama) -- Halal International Selangor (HIS), a state-linked company under Menteri Besar Selangor Incorporated, is helping to shape the next frontier of halal, not merely as a standard, but as an engine for market access, innovation, and inclusive growth.

EPF Records Total Investment Income Of RM18.31 Bln For 1Q 2025

KUALA LUMPUR, June 3 (Bernama) -- The Employees Provident Fund (EPF) recorded investment income totalling RM18.31 billion for the first quarter ended March 31, 2025 (1Q 2025), a 13 per cent decline from RM20.99 billion in the corresponding period in 2024.

AM Best Affirms Excellent Ratings For FuSure Reinsurance With Stable Outlook 

KUALA LUMPUR, June 3 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Hong Kong’s FuSure Reinsurance Company Limited (FuSure), with a stable outlook for both credit ratings (ratings).