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By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Feb 5 (Bernama) -- The government’s decision to set the Employees Provident Fund (EPF) contribution rate for foreign workers at two per cent — lower than the initially proposed 12 per cent — helps employers reduce overall wage expenditure.
KUALA LUMPUR, Feb 3 (Bernama) -- On the eve of the Chinese Lunar New Year, Guangdong Governor Wang Weizhong extended heartfelt greetings on behalf of the Provincial Government and its residents to overseas Chinese, Hong Kong, Macao, Taiwan compatriots, and international friends.
KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s banking system maintained strong liquidity buffers in December 2024, with an aggregate Liquidity Coverage Ratio (LCR) of 160.7 per cent, up from 147.9 per cent in November, supporting ongoing financial intermediation, Bank Negara Malaysia (BNM) said.
KUALA LUMPUR, Jan 28 (Bernama) -- Malaysia's Producer Price Index (PPI) rose marginally by 0.5 per cent year-on-year in December 2024, compared to a 0.4 per cent decline in the previous month, according to the Department of Statistics Malaysia (DOSM).
By Jailani Hasan
LABUAN, Jan 23 (Bernama) -- Neurogine Sdn Bhd and Indonesia’s national postal service, PT Pos Indonesia, have jointly introduced Neurogine nRemit, a mobile remittance service designed for the Indonesian Migrant Worker (PMI) community in Malaysia.
KUCHING, Jan 23 (Bernama) -- Cahya Mata Cement Sdn Bhd, a wholly-owned subsidiary of Cahya Mata Sarawak Bhd, expects to double its clinker production capacity with the development of a new facility, Clinker Line 2, in Mambong here.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 22 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended at its highest level since November 2024 amid renewed tariff threats from United States (US) President Donald Trump, who announced preparations to impose a 10 per cent tariff on Chinese imports.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia's (BNM) strategy to maintain the Overnight Policy Rate (OPR) at 3.0 per cent today is meticulously crafted, emphasising sustained economic growth while keenly monitoring the ebb and flow of global financial and geopolitical developments, said economists.
LABUAN, Jan 22 (Bernama) -- The Asian Supply Base (ASB) has officially launched a new Crew Change Facility designed to streamline the signing-on and signing-off for the oil and gas (O&G) crews, marking a significant advancement in offshore operations in Malaysia.
KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia’s inflation rate for December 2024 has moderated to 1.7 per cent, with the index points standing at 133.4 as against 131.2 in the same month of the previous year, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Jan 21 (Bernama) -- Standard Chartered Global Research expects Bank Negara Malaysia (BNM) to keep the overnight policy rate (OPR) unchanged at 3.0 per cent at its monetary policy decision on Jan 22.
KUALA LUMPUR, Jan 21 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) forecast a 41 per cent gateway container mix for Westports Holdings Bhd in financial year 2025 (FY2025), compared to 45 per cent recorded in the third quarter last year, with a tariff hike anticipated in FY2027.
