1y ago
KUALA LUMPUR, April 9 (Bernama) -- The sweeping United States (US) tariffs will be credit negative for Asia-Pacific (APAC), but lower-tariff countries such as Malaysia, India, and the Philippines may gain market share through trade triangulation to serve the US market, according to Moody’s Ratings.
1y ago
KUALA LUMPUR, March 24 (Bernama) -- The ringgit opened higher today on expectations that Malaysia will be among the least affected by the US government's implementation of reciprocal tariffs on April 2, given that the country is seen as having one of the lowest tariff rates.
1y ago
KUALA LUMPUR, March 14 (Bernama) -- Khazanah Nasional Bhd will acquire Innovation Network Corporation of Japan’s (INCJ) stake in EDOTCO Group, reflecting the strong relationship between Malaysia and Japan.
1y ago
KUALA LUMPUR, March 11 (Bernama) -- The Malaysia My Second Home (MM2H) visa programme now drives almost RM1 billion annually in investments, underscoring its success.
1y ago
From Zairina Zainudin
BARCELONA (SPAIN), March 6 (Bernama) -- Deputy Communications Minister Teo Nie Ching today spent nearly four hours visiting several major network equipment provider pavilions at the Mobile World Congress (MWC) Barcelona 2025.
1y ago
KUALA LUMPUR, Feb 26 (Bernama) -- Axiata Group Bhd returned to the black after posting a net profit of RM946.82 million in the financial year ended Dec 31, 2024 (FY2024), against a net loss of RM1.99 billion in the FY2023.
1y ago
DAVOS (Switzerland), Jan 22 (Bernama) -- As the chairman of ASEAN this year, Malaysia aims to prioritise energy and connectivity with a focus on building trust and inclusivity among member countries as well as engaging constructively with major global powers while safeguarding the bloc’s independence.
1y ago
KUALA LUMPUR, Jan 20 (Bernama) -- Exports and imports rebounded to an all-time high in 2024 with trade amounting to RM2.88 trillion, a 9.2 per cent increase year-on-year (y-o-y), surpassing the RM2 trillion mark for four consecutive years, according to the Investment, Trade and Industry Ministry (MITI).
1y ago
KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia's total trade in November increased 2.9 per cent to RM237.8 billion versus RM231.1 billion a year ago, driven by growth in exports and imports, said Statistics Department Malaysia (DoSM).
1y ago
JAKARTA, Dec 3 (Bernama) -- The Malaysian embassy together with the main agencies are working to strengthen the export of halal products to Indonesia, with bilateral trade between the two countries expected to reach US$25 billion (RM111.25 billion) to US$26 billion (RM115.7 billion) this year.
1y ago
KUALA LUMPUR, Nov 29 (Bernama) -- Axiata Group Bhd’s shares rose 3.4 per cent early Friday after the company's earnings for the third quarter of the financial year 2024 (3Q FY2024), in line with market expectations.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- Axiata Group Bhd’s net profit for the third quarter ended Sept 30, 2024 (3Q 2024) made a significant turnaround, reaching RM976.67 million from a net loss of RM797.41 million in the same quarter a year ago.