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Malaysia’s Petroleum Revenue Totals RM775.2 Bln From 2018 To 2024 -- Azalina

KUALA LUMPUR, Oct 23 (Bernama) -- Malaysia generated RM775.2 billion in petroleum revenue between 2018 and 2024, according to Minister in the Prime Minister’s Department (Law and Institutional Reform), Datuk Seri Azalina Othman Said.

MIDA, CIMB Collaborate To Drive Sustainable Growth, Boost Malaysia's Competitiveness

KUALA LUMPUR, Oct 23 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and CIMB Bank Bhd have signed a memorandum of understanding (MOU) to accelerate high-value, sustainable investments, deepen industrial ecosystems, and enhance Malaysia’s competitiveness.

Bioeconomy Corporation Targets Over RM300 Million Investment In Sarawak

KUCHING, Oct 23 (Bernama) -- Malaysia Bioeconomy Development Corporation (Bioeconomy Corporation) aims to attract more than RM300 million in potential investments through the National Bioeconomy (NBiO) Showcase, held alongside the Sarawak International Digital Economy Conference (IDEC) 2025 here.

Joint ASEAN SOM-SEOM Strengthens Regional Political Security, Economic Pillars

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 23 (Bernama) -- The ASEAN Joint Senior Officials’ Meeting (SOM) and Senior Economic Officials’ Meeting (SEOM) provide an opportunity for the region to strengthen coordination between political security and economic pillars.

ISG Unveils Finalists For Inaugural 2025 Paragon Awards Asia

KUALA LUMPUR, Oct 23 (Bernama) -- Information Services Group (ISG), a global artificial intelligence (AI)-centred technology research and advisory firm, has announced the finalists for the inaugural 2025 ISG Paragon Awards Asia.

ASEAN Must Step Up Services Liberalisation, Trade Facilitation To Deepen Regional Integration - AMRO

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 23 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO), the professional regional policy advisory firm, has highlighted advancing services liberalisation, strengthening trade facilitation and internationalising regional firms as vital ingredients for ASEAN to achieve deeper economic integration.

Ringgit Ends Firmer Against US Dollar On Stronger Oil Prices

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 23 (Bernama) -- The ringgit closed marginally higher against the US dollar today, supported by firmer crude oil prices amid supply concerns following sanctions imposed by the United States and the European Union on a major Russian oil producer.

MJets Air Launches First Direct Kuala Lumpur-Sandakan Freighter Service

SANDAKAN, Oct 23 (Bernama) -- MJets Air Sdn Bhd, a subsidiary of MMAG Aviation Consortium Sdn Bhd, the aviation arm of MMAG Holdings Bhd (MMAG), has launched its first direct freighter service today between Kuala Lumpur and Sandakan, marking a key milestone in Malaysia's air cargo connectivity.

BNM’s International Reserves At US$123.4 Bln As At Oct 15

KUALA LUMPUR, Oct 23 (Bernama) -- The international reserves of Bank Negara Malaysia’s (BNM) amounted to US$123.4 billion as at Oct 15, 2025, compared to US$123.6 billion as at Sept 30, 2025.

Gamuda Strengthens Industry Partnership With ICW & BuildXpo 2025

KUALA LUMPUR, Oct 23 (Bernama) -- Gamuda Bhd continues its support Malaysia's largest and most influential construction industry event -- the International Construction Week (ICW) and BuildXpo 2025, to drive sustainable, digitalised construction and foster collaboration across Malaysia and ASEAN.

ECERDC Realises RM1.12 Bln Investments In Kelantan As Of End-Sept 2025

KOTA BHARU, Oct 23 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) has continued to strengthen Kelantan’s economic growth, realising investments totalling RM1.12 billion as of end-September 2025, with the manufacturing sector remaining the main driver of the state’s economy.

Cabotage Flexibility Could Ease Sabah's Shipping Costs

LABUAN, Oct 23 (Bernama) -- A time-bound exemption to Malaysia’s cabotage policy could help ease Sabah’s long-standing shipping imbalance and high logistics costs, drawing lessons from similar policy adjustments in the United Kingdom (UK) and Indonesia.