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NETR Boosts Domestic Demand For Electric Buses, Enhancing Malaysia’s Competitiveness

JOHOR BAHRU, Dec 1 (Bernama) -- The National Energy Transition Roadmap (NETR), which aims to increase the use of electric buses significantly, is seen as opening up new growth opportunities for local manufacturers, including Johor-based Gemilang Coachwork Sdn Bhd.

Xiamen International Bank Marks Four Decades Of Growth, Global Connections

KUALA LUMPUR, Dec 1 (Bernama) -- Xiamen International Bank has operated from the Xiamen Special Economic Zone since 1985, expanding nationwide and establishing global connections while participating in China’s financial opening-up.

Tencent’s New Kl Office Marks Stronger Digital Investment In Malaysia -- Gobind

KUALA LUMPUR, Dec 1 (Bernama) -- The opening of Chinese tech conglomerate Tencent Holdings Ltd’s new office in Malaysia reflects stronger long-term digital investment and reinforces the country’s position as an emerging regional technology hub, Digital Minister Gobind Singh Deo said.

DMDI Ventures Launches Maiden Electrical Store In Melaka

MELAKA, Dec 1 (Bernama) -- Dunia Melayu Dunia Islam (DMDI), through its subsidiary DMDI Ventures, has launched its first electrical goods store that features the Selamat brand.

Ringgit Opens Unchanged As Traders Await FOMC Outcome

KUALA LUMPUR, Dec 1 (Bernama) -- The ringgit opened unchanged against the US dollar today as traders adopted a wait-and-see stance ahead of the United States (US) Federal Open Market Committee (FOMC) meeting next week.

Maharani Freeport To Create 45,000 Jobs, Strengthen Supply Chains - PM Anwar

MUAR, Nov 29 (Bernama) -- The launch of Maharani Freeport is expected to create thousands of job opportunities and boost Malaysia’s maritime logistics competitiveness and supply chain resilience, said Prime Minister Datuk Seri Anwar Ibrahim.

Labuan IBFC To Lead ESG, Shariah-compliant, Digital Finance Regionally -- Labuan FSA DG

LABUAN, Nov 28 (Bernama) -- Labuan International Business and Financial Centre (Labuan IBFC) is positioning itself as a regional hub for environmental, social, and governance (ESG)-aligned, Shariah-compliant and digitally driven financial solutions in full support of Malaysia’s sustainability agenda. 

Proton Sourced RM3.2 Bln Worth Of Parts, Components From Local Vendors This Year – Tengku Zafrul

KUALA LUMPUR, Nov 27 (Bernama) -- Proton Holdings Bhd sourced RM3.2 billion worth of parts and components from local vendors this year alone, underscoring its commitment to a localised supply chain that will continue to grow in scale and value.

Government Scales Up Support For MSMEs Via Strategic GLC Partnerships, Initiatives - Amir Hamzah 

KUALA LUMPUR, Nov 27 (Bernama) -- The government, under the 13th Malaysia Plan (13MP), is prioritising efforts to help micro, small and medium enterprises (MSMEs) move up the value chain through strategic partnerships with government-linked companies (GLCs).

Labuan FSA DG: Info Sharing, Innovation Vital To Combat Money Laundering

LABUAN, Nov 27 (Bernama) -- Information sharing, innovation, and technology-driven compliance are the pillars of a robust anti-money laundering (AML) regime and for Labuan International Business and Financial Centre (IBFC) to be a trusted financial market, said Labuan Financial Services Authority (Labuan FSA) director-general Affendi Rashdi.

Ringgit Opens Higher On Weaker US Dollar

KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit opened higher against the US dollar on Thursday as the greenback tracked the US Dollar Index, which remained below the 100-point mark.

Ringgit Opens Firmer Against US Dollar, Revisits 4.12 Level

KUALA LUMPUR, Nov 26 (Bernama) -- The ringgit continued to strengthen against the US dollar as expectations of a US interest rate cut in December build, putting pressure on the greenback, an analyst said.