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Labuan Seeks Equal Duty-Free Treatment As Langkawi

LABUAN, April 29 (Bernama) -- Labuan’s duty-free status should be given equal consideration for full restoration, in line with the proposal being studied for Langkawi, to support the island’s tourism, retail and business sectors, the Labuan Corporation (LC) Advisory Council said.

Anaqua Expands IP Management Platform With Patrix Acquisition

KUALA LUMPUR, April 29 (Bernama) -- Anaqua, an innovation and intellectual property (IP) management technology and services provider, has announced the acquisition of Patrix, welcoming about 400 IP management software (IPMS) customers into its client community.

Ringgit Opens Higher Against US Dollar, Mixed Versus Peers

KUALA LUMPUR, April 29 (Bernama) -- The ringgit strengthened against the US dollar but was mixed against other currencies in early trade today, amid cautious sentiment over oil price volatility and developments in the Strait of Hormuz, an analyst said.

Khazanah, SC Price Malaysia’s First RM100 Mln tokenised Sukuk

KUALA LUMPUR, April 28 (Bernama) -- Khazanah Nasional Bhd, in partnership with the Securities Commission Malaysia (SC), has priced Malaysia’s first tokenised sukuk with a nominal value of RM100 million.

Local Equity Market Remains Resilient, Reflects Investor Confidence - Akmal Nasrullah

KUALA LUMPUR, April 28 (Bernama) -- The local equity market remained resilient, rising 1.5 per cent last Friday, reflecting investor confidence in the country’s economic fundamentals, Economy Minister Akmal Nasrullah Mohd Nasir said.

Aerospace Industrial Development In Sepang To Drive IDRISS Transformation

SHAH ALAM, April 28 (Bernama) -- A proposed aerospace-focused industrial development in Sepang, Selangor, is set to become a key catalyst in supporting regional transformation under the Integrated Development Region in South Selangor (IDRISS) framework.

MIDA, Japan Embassy To Explore Deeper Collaboration For Japanese Businesses

KUALA LUMPUR, April 28 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and the Embassy of Japan in Malaysia have agreed to explore enhanced collaboration frameworks to support Japanese businesses seeking to establish or expand their operations in Malaysia.

Early Intervention Cushions Malaysia Against West Asia Shock

By Engku Shariful Azni Engku Ab Latif and N. Kuvineshwaren

KUALA LUMPUR, April 27 (Bernama) -- Malaysia is weathering the fallout from the West Asia crisis better than many peers, supported by early government intervention over the past three years to strengthen economic resilience.

Malaysia Seeks To Build AI Capabilities, Compete Globally -- PM Anwar

KUALA LUMPUR, April 27 (Bernama) --  Malaysia will not remain merely a user of artificial intelligence (AI), but will collaborate with partners to build capabilities and compete with confidence in the global digital economy, said Prime Minister Datuk Seri Anwar Ibrahim.

Amcor Opens US$35 Mln Healthcare Packaging Coating Facility In Selangor

KUALA LUMPUR, April 27 (Bernama) -- Global packaging solutions company Amcor has opened an advanced healthcare packaging coating facility in Subang Jaya, Selangor on April 24, representing an investment of over US$35 million (US$1=RM3.96).

Global Supply Crisis Presents Opportunities, Malaysia Remains Safe Investment Destination - Tengku Zafrul

KUALA LUMPUR, April 26 (Bernama) -- Senior Political Adviser to the Prime Minister Tengku Datuk Seri Zafrul Abdul Aziz said the global supply crisis should be viewed as an opportunity to strengthen Malaysia’s position as a safe investment destination.

Investor Interest Remains Intact Amid Global Uncertainties - InvestPenang

GEORGE TOWN, April 26 (Bernama) -- Investor interest in Penang remains intact despite rising global uncertainties, underpinned by resilient demand in the electronics and electrical (E&E) sector and the state’s strategic positioning within evolving global supply chains.