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Malaysia, Italy To Deepen Economic Ties With Focus On Energy Transition

From Arul Rajoo Durar Raj

ROME, July 2 (Bernama) -- Malaysia and Italy have agreed to enhance their long-standing economic ties, with a focus on energy transition that has also attracted interest from Japan and Indonesia.

Bank Rakyat Taps Neurogine n2Tap To Boost MSME Digital Transformation

By Jailani Hasan

LABUAN, July 2 (Bernama) – Neurogine Sdn Bhd’s flagship product, Neurogine n2Tap, has been adopted by Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) as part of the bank’s i‑MerchantRAKYAT initiative.

Buying In Tech, Petronas-linked Counters Pushes FBM KLCI To Intraday High At The Close

By Zarul Effendi Razali

KUALA LUMPUR, July 2 (Bernama) -- Persistent buying momentum, mostly seen in selected technology and Petronas-linked counters pushed the FTSE Bursa Malaysia KLCI (FBM KLCI) to record another intraday high at the close today, extending its rally to five consecutive trading sessions, an analyst said.

Johor Maju Agenda Strengthens On Back Of State's Outstanding 2024 Economic Performance

JOHOR BAHRU, July 2 (Bernama) --  Johor’s success in recording the highest gross domestic product (GDP) growth in the country last year strengthens the implementation of the Johor Maju Agenda, which targets GDP growth of between seven and eight per cent annually for the state by the year 2030.

BMI Maintains average Annual CPO Futures Price At RM4,150 Per Tonne This Year

KUALA LUMPUR, July 2 (Bernama) -- BMI, a Fitch Solutions unit, has maintained its view that the average annual price forecast for Bursa Malaysia-listed crude palm oil (CPO) futures contracts will trade at RM4,150 a tonne in 2025.

PM Anwar To Meet Italian Industry Leaders

ROME, July 2 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim will begin his second day in the Italian capital with a roundtable meeting with key industry leaders.

JS-SEZ Could Lift Johor's National GDP Share To More Than 12 Pct By 2030

KUALA LUMPUR, July 2 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) is expected to propel Johor's share of national gross domestic product (GDP) to exceed 12 per cent by 2023, should their investments materialise according to plan, said CIMB Investment Bank Bhd.

Allianz General Partners Fashion Platform To Offer Customised Insurance Product

KUALA LUMPUR, July 2 (Bernama) -- Allianz General Insurance Company (Malaysia) Bhd has partnered International Fashion Chamber Malaysia Bhd to offer the Allianz Business Shield Package Insurance to fashion businesses.

Bursa Malaysia Higher At Midday Break

KUALA LUMPUR, July 2 (Bernama)  -- Bursa Malaysia stayed marginally higher at midday, driven by persistent buying activities in selected heavyweights, particularly the financial services as well as telecommunications and media counters.

Johor On Track To Emerge As Malaysia’s New economic Driver -- Exco

JOHOR BAHRU, July 2 (Bernama) -- The Johor state government is confident that the state is on the right track to emerge as Malaysia’s new economic driver when it records the highest gross domestic product (GDP) growth in 2024. 

Living Wage Drive By GLCs, GLICs A Pivotal Step Towards National Wage Reform – Economists

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 2 (Bernama) -- The move by Government-linked Investment Companies (GLICs) and Government-linked Companies (GLCs) to implement a minimum monthly living wage of RM3,100 for 153,000 employees marks a highly significant milestone that can catalyse a broader wage reform across Malaysia’s labour market, according to economists.

India Eyes Deeper Ties In Semiconductors And Digital Economy With Malaysia

KUALA LUMPUR, July 2 (Bernama) -- India is keen to deepen its already robust business linkages with Malaysia in the fast-growing semiconductor industry and digital economy.