Malaysia To Boost Semiconductor Expertise As US Rescinds Chip Export Curbs

KUALA LUMPUR, May 12 (Bernama) -- Malaysia can have greater access to more advanced semiconductor chips following Washington’s move to rescind curbs on chip exports, a move that can propel it to move beyond its current strength in midstream packaging and testing into higher-value upstream chip design.

Ringgit Likely To Stay Weaker Next Week Amid US-China Trade Deal Optimism

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 10 (Bernama) -- The ringgit is expected to stay weaker in the near term, given the optimism that a trade deal between the United States (US) and China, and perhaps the rest of the world, would be achieved within the 90-day pause period.

Malaysia To Work Closely With Kenya To Ensure Stable Palm Oil Supply - MPOC 

KUALA LUMPUR, May 9 (Bernama) -- Malaysia is committed to working closely with Kenyan partners to ensure a stable palm oil supply and deeper market integration, according to the Malaysian Palm Oil Council (MPOC).

Ringgit Ends Lower Against US Dollar Ahead Of US-China Trade Talks

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 9 (Bernama) -- The ringgit closed lower against the US dollar on Friday as news about a possible trade deal between the United States and China by the end of the week spurred interest in the greenback.

US Move To Ease Curbs On Chip Exports An Opportunity For Malaysia's AI And Data Centre Sectors

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 9 (Bernama) -- US President Donald Trump's plan to rescind the Biden-era artificial intelligence (AI) chip export rule presents opportunities for Malaysia to expand its AI chip industry and booming data centre sector.

Cambridge Remains Unfazed As US Slashes Tariffs On UK Cars, Steel

CAMBRIDGE, May 9 (Bernama) -- The United States (US) has reduced tariffs on British cars and steel, making headlines across the United Kingdom (UK) on Thursday (May 8).

Economy Continues To Grow Despite Tariff Uncertainties - BNM Governor

KUALA LUMPUR, May 8 (Bernama) -- Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour on the Overnight Policy Rate (OPR) and Statutory Reserve Requirement (SRR). 

BNM Maintains OPR At 3.0 Pct, Global Growth To Continue

KUALA LUMPUR, May 8 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has maintained the overnight policy rate (OPR) at 3.0 per cent.

Malaysia And Bahrain To Boost Trade, Investments, Explore New Collaborations -- Tengku Zafrul

KUALA LUMPUR, May 7 (Bernama) -- Malaysia and Bahrain are committed to enhancing trade and investment, as well as exploring new collaborations in the digital economy and green technology, said Minister of Investment, Trade and Industry, Tengku Datuk Seri Zafrul Abdul Aziz.

Mixed Outlook Ahead Of BNM's OPR Announcement Tomorrow -- Economists

KUALA LUMPUR, May 7 (Bernama) -- Although the overnight policy rate (OPR) is expected by many to stay at 3.0 per cent, some economists see a possible 25 basis points (bps) cut by Bank Negara Malaysia (BNM) as pre-emptive support against the potential downside risks of the American tariffs.

MATRADE Expanding Emerging Market Export Presence With RM50 Mln Boost

KUALA LUMPUR, May 7 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is expanding Malaysia’s export presence in emerging markets, following the government’s RM50 million allocation for its global trade diversification strategy.

Malaysia, Cambodia Chambers Sign Pact To Boost Trade Ties

PHNOM PENH, May 7 (Bernama) -- The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) and Cambodia Chamber of Commerce (CCC) have launched a joint initiative to enhance economic cooperation and increase bilateral trade.