LATEST NEWS   Mandatory EPF contributions for foreign workers, at two per cent each for workers and employers - Steven Sim | SPB Development Bhd has secured SC approval for a listing on Main Market of Bursa Malaysia in 2Q this year | Chambers of commerce in the country should work as one team to enhance Malaysia's progress – PM Anwar | The govt has opted for a 2 pct EPF contribution rate for foreign workers instead of the originally proposed 12 pct -- PM Anwar | 

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CPO Futures Weighed Down By Palm Olein, Soybean Oil Losses

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Jan 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued to close lower on Thursday, weighed down by massive losses in palm olein futures contracts on the Dalian Commodity Exchange (DCE) and soybean oil contracts, said Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa.

REHDA Institute CEO Series 2025 Set To Drive Malaysia's Real Estate And Economy

KUALA LUMPUR, Jan 9 (Bernama) -- The REHDA Institute CEO Series 2025, scheduled for Jan 16, 2025, at Le Méridien Petaling Jaya, is poised to drive Malaysia's real estate sector and economy forward.

ASEAN Exchanges Should Develop Tools To Attract Foreign Investors - Bursa Malaysia CEO

KUALA LUMPUR, Jan 9 (Bernama) -- ASEAN exchanges should continue developing tools that make it easier for foreign investors to understand and invest in the region despite varying market conditions across countries, said Bursa Malaysia chief executive officer (CEO) Datuk Muhamad Umar Swift.

Global Decoupling Offers Significant Opportunies For ASEAN - Nazir Razak

KUALA LUMPUR, Jan 9 (Bernama) -- The global decoupling presents a major disruption but also offers a significant opportunity for ASEAN, positioning it as a key player in a fragmented global economy. 

Johor Delegation To Hold Meetings With Qatari Govt Officials, Companies

JOHOR BAHRU, Jan 8 (Bernama) -- The Johor government will hold meetings with Qatari government representatives and companies that can potentially boost the economy and attract investments, thus creating more job opportunities in the state.

BNM International Reserves End 2024 Higher At US$116.2 Bln Y-O-Y

KUALA LUMPUR, Jan 8 (Bernama) -- Malaysia's international reserves were higher year-on-year (y-o-y) at US$116.2 billion (US$1=RM4.48) as at Dec 31, 2024 against US$113.5 billion as at Dec 29, 2023, according to Bank Negara Malaysia (BNM).

AWS's Infrastructure Region In Thailand To Support Digital Transformation, AI Growth

KUALA LUMPUR, Jan 8 (Bernama) -- Amazon Web Services Inc (AWS), an Amazon.com Inc company, has launched the AWS Asia Pacific (Thailand) Region, providing developers, enterprises, and organisations with enhanced options for running their applications from data centres within Thailand.

IRDA Ready To Play Important Role In The Success Of JS-SEZ

ISKANDAR PUTERI, Jan 8 (Bernama) -- The Iskandar Regional Development Authority (IRDA) is ready to play an important role in the success of the high-impact economic initiatives of the Johor-Singapore Special Economic Zone (JS-SEZ).

Ringgit Opens Flat Amid Rising Greenback Demand 

KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit opened flat against the US dollar but rose versus other major currencies amid rising greenback demand, following the release of key United States (US) economic data yesterday, said an analyst. 

Biocon Biologics Is Committed To Business Development In Malaysia - PM Anwar

KUALA LUMPUR, Jan 7 (Bernama) -- Biocon Biologics is committed to implementing business expansion in Malaysia. Biocon Biologics is a global company with capabilities in the development, manufacturing and commercialisation of high-quality biosimilars.

JS-SEZ To Drive Greater Economic Integration, Create More Jobs -- Maybank 

KUALA LUMPUR, Jan 7 (Bernama) -- The signing of the Johor-Singapore Special Economic Zone (JS-SEZ) agreements will drive greater economic integration, catalysing growth and promoting greater economic participation between the two countries.

JS-SEZ Seen As New Era Of Transformation In Malaysia-Singapore Economic Relations

By Nur Fatin Mohmad Kadenen

JOHOR BAHRU, Jan 7 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) agreement signed today is expected to be the beginning of a new era of transformation in economic relations between Malaysia and Singapore.