LATEST NEWS   Mandatory EPF contributions for foreign workers, at two per cent each for workers and employers - Steven Sim | SPB Development Bhd has secured SC approval for a listing on Main Market of Bursa Malaysia in 2Q this year | Chambers of commerce in the country should work as one team to enhance Malaysia's progress – PM Anwar | The govt has opted for a 2 pct EPF contribution rate for foreign workers instead of the originally proposed 12 pct -- PM Anwar | King's address: MADANI Gov't will ensure economic resources are distributed for national development, benefiting all levels of society – PM Anwar | 

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BMI Expects Malaysia’s Economy To Be Resilient In 2024 At 5.0 Pct

KUALA LUMPUR, Jan 14 (Bernama) -- BMI, a Fitch Solutions company, projected Malaysia’s economy to be resilient in 2024, with a real gross domestic product (GDP) growth forecast of 5.0 per cent, supported by robust investment and resilient consumption. 

ADB Likely To Uphold Stance Against Financing Nuclear Power Projects

PETALING JAYA, Jan 14 (Bernama) -- The Asian Development Bank (ADB) is likely to maintain its position of not financing a nuclear power generation development project while reviewing its energy policy this year, despite the growing popularity of the alternative power source.

Bank Islam, Solar Voltech Ink RM105.2 Mln Solar Financing Agreement

GEORGE TOWN, Jan 14 (Bernama) — Bank Islam Malaysia Bhd has signed a financing agreement worth RM105.2 million with Solar Voltech Sdn Bhd, a subsidiary of PDC Premier Holdings Sdn Bhd, for a solar generation project.

Malaysia Should Create Synergy Between State Govt, Private Sector And Technology -- Liew

KUALA LUMPUR, Jan 14 (Bernama) -- Malaysia should start thinking about creating synergy between the state government, private sector and technology, which would allow for much more technology acquisition into the government system, says Deputy Investment, Trade and Industry Minister Liew Chin Tong.

FreedomPay, Mastercard Forge Alliance To Simplify Global Payments For Businesses

KUALA LUMPUR, Jan 14 (Bernama) -- FreedomPay, a Next Level Commerce technology provider, has announced a strategic partnership with Mastercard to enhance global payment solutions for businesses.

Bursa Malaysia Announces New Renewable Energy Subsector Classification 

KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia Bhd has announced the new “renewable energy” (RE) subsector within its “energy” and “utilities” sector classifications to provide a more focused classification of public-listed companies (PLCs) operating in the RE space.

Perma-Pipe Secures US$43 Mln Contract For Development Project In GCC Region

KUALA LUMPUR, Jan 13 (Bernama) -- Perma-Pipe International Holdings Inc (Perma-Pipe), announced it has received a formal letter of award with value exceeding US$43 million for a development project located in the Gulf Cooperation Council (GCC) region. (US$1=RM4.51)

BMI Ups Its End-2025 Ringgit Forecast To RM4.40 Per USD

KUALA LUMPUR, Jan 13 (Bernama) -- BMI, a unit of Fitch Solutions, has revised its end-2025 forecast for the ringgit to RM4.40 per US dollar (USD) from RM4.50 previously.

Gentari: 2024 A Year Of Focused Growth

KUALA LUMPUR, Jan 13 (Bernama) -- Throughout 2024, clean energy solutions provider Gentari Sdn Bhd has charted significant progress in growing and strengthening its position as a regional leader in renewable energy, hydrogen and green mobility in Asia Pacific.

Anwar Meets Economist Jeffrey Sachs, Discusses Green Energy And ASEAN

KUALA LUMPUR, Jan 12 (Bernama) --  Prime Minister Datuk Seri Anwar Ibrahim today held a meeting with world-renowned economics professor Jeffrey D. Sachs of Columbia University.

MIDA: Catalysing Malaysia's Economic Resilience, Future Growth In A Dynamic Global Landscape

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 12 (Bernama) -- Malaysia’s investment landscape in 2024 has once again showcased its resilience and adaptability, with the Malaysian Investment Development Authority (MIDA) at the forefront of driving economic growth through strategic investments, human capital development, digital and green economy initiatives.

Malaysian Palm Oil To Further Enhance Pakistan’s Edible Oil Industry, Says Johari

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.