1y ago
KUALA LUMPUR, Jan 20 (Bernama) -- Malaysia’s trade is expected to expand in line with the outlook published by the World Trade Organisation (WTO), which projected global merchandise trade volume to grow by three per cent, according to the Ministry of Investment, Trade and Industry (MITI).
1y ago
KUALA LUMPUR, Jan 20 (Bernama) -- Exports and imports rebounded to an all-time high in 2024 with trade amounting to RM2.88 trillion, a 9.2 per cent increase year-on-year (y-o-y), surpassing the RM2 trillion mark for four consecutive years, according to the Investment, Trade and Industry Ministry (MITI).
1y ago
KUALA LUMPUR, Jan 19 (Bernama) -- Malaysia can generate potential investments of RM11 billion and potential exports of RM500 million following Prime Minister Datuk Seri Anwar Ibrahim's official visit to the United Kingdom (UK).
1y ago
From D.Arul Rajoo
LONDON, Jan 18 (Bernama) – Malaysia can expect an increase in investment and trade with the United Kingdom (UK) as both countries will have a free trade agreement for the first time through the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- Guangdong is set to maintain its position as China’s top provincial economy in 2024, with its gross domestic product (GDP) projected to surpass 14 trillion Chinese yuan, according to the Guangdong Provincial People’s Congress report on Jan 15. (100 Chinese yuan = RM61.43)
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- The Malaysia-United Arab Emirates (UAE) Comprehensive Economic Partnership Agreement (MY-UAE CEPA) is expected to boost total bilateral trade between the two countries by at least 60 per cent in five years, contributing to a more sustainable economic growth.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Precision technology, robotics, and digitalisation coupled with research and development (R&D) are vital ingredients for Malaysia to achieve food self-sufficiency, especially in rice production, as it continues to grapple with rising costs and production inefficiencies.
1y ago
By Nurul Hanis Izmir
PUTRAJAYA, Jan 13 (Bernama) -- Malaysia is keen to position Pakistan as a strategic distribution hub for palm oil exports to Central Asia, capitalising on the country's strategic location and its proximity to emerging high-growth markets, the Malaysian Palm Oil Board (MPOB) said.
1y ago
KUALA LUMPUR, Jan 11 (Bernama) -- Malaysian palm oil and its products hold significant potential in further enhancing Pakistan’s edible oil and food manufacturing sectors, strengthening the longstanding partnership between both countries, said Minister of Plantation and Commodities Datuk Seri Johari Abdul Ghani.
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- Malaysia’s palm oil exports in December 2024 fell 9.97 per cent to 1.34 million tonnes from 1.49 million tonnes in the preceding month, according to the Malaysian Palm Oil Board (MPOB).
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- Malaysia's international reserves were higher year-on-year (y-o-y) at US$116.2 billion (US$1=RM4.48) as at Dec 31, 2024 against US$113.5 billion as at Dec 29, 2023, according to Bank Negara Malaysia (BNM).
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 6 (Bernama) -- Bursa Malaysia’s benchmark index closed lower today, mirroring the weak regional performance as major markets worldwide experienced mostly negative trends.