1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 19 (Bernama) -- Bank Negara Malaysia (BNM) is unlikely to move in direct lockstep with the US Federal Reserve’s (Fed) aggressive move which slashed interest rates by a half-point during its Federal Open Market Committee (FOMC) meeting yesterday.
1y ago
KUCHING, Sept 18 (Bernama) -- The Sarawak State Government, through the Sarawak Multimedia Authority (SMA), is inviting entries for the Sarawak Digital Economy Awards (Sarawak DEA 2024), with submissions open until Sept 23, 2024.
1y ago
KUALA LUMPUR, Sept 18 (Bernama) -- The International Sourcing Programme (INSP) organised by the Malaysia External Trade Development Corporation (MATRADE) at the Malaysia International Halal Showcase (MIHAS) 2024 has been a success, with the virtual segment having achieved RM347 million in sales to date.
1y ago
KUALA LUMPUR, Sept 18 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Alliance Bank Malaysia Bhd hosted the inaugural Carbon Border Adjustment Mechanism (CBAM) workshop to explore the potential of CBAM in revolutionising sustainable industrial practices.
1y ago
LONDON, Sept 18 (Bernama) -- Modern-day Islamic finance began to gain a foothold in Malaysia in 1963 with the establishment of the Hajj Pilgrims Savings Corporation (now known as Lembaga Tabung Haji), which is central to the transformation of a Shariah-based financial system in Malaysia.
1y ago
KUALA LUMPUR, Sept 18 (Bernama) -- Airbus’ focus on sustainability presents a promising avenue for Malaysia to contribute to the future of green aviation as the aircraft manufacturer is set to expand its operations and sourcing in Malaysia, said Malaysia’s Ambassador to France, Datuk Eldeen Husaini Mohd Hashim.
1y ago
KUALA LUMPUR, Sept 18 (Bernama) -- The Civil Aviation Authority of Malaysia (CAAM) must continuously enhance its capabilities to improve safety, security, and capacity, ensuring it can meet emerging regional and global challenges.
1y ago
KUALA LUMPUR, Sept 17 (Bernama) -- Malaysia and Brazil will enhance collaboration to tap the extensive global halal market which is anticipated to generate US$3 trillion (US$1=RM4.253) next year, said Agriculture and Food Security Deputy Minister Datuk Arthur Joseph Kurup.
1y ago
IPOH, Sept 17 (Bernama) -- The Perak state government, through the Perak State Agricultural Development Corporation (Perak SADC), has signed a joint venture (JV) agreement with Pakistani halal gelatine manufacturer Leiner Gelatine Sdn Bhd to grow the state’s halal gelatine industry.
1y ago
KUALA LUMPUR, Sept 17 (Bernama) -- Malaysia planned to expand the recognition of the halal certification issued by the Department of Islamic Development Malaysia (JAKIM) from more countries through diplomatic halal cooperation, said Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi.
1y ago
KUALA LUMPUR, Sept 17 (Bernama) — The Investment, Trade and Industry Ministry (MITI) is confident that Malaysia's single window trade initiative, to harmonise with China's customs system, will facilitate business and trade operations by reducing red tape, coordinate and launch Malaysia-China cross border trade processes.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia ended Tuesday’s trading higher, in line with global shares as hopes rise for an outsized US interest rate cut with investors chasing glove counters on news that the United States will finalise tariffs on Chinese goods, including medical gloves, this month.