Launch Of JS-SEZ Masterplan, Blueprint Postponed

KUALA LUMPUR, March 17 (Bernama) -- The launch of the masterplan and blueprint for the Johor-Singapore Special Economic Zone (JS-SEZ), scheduled for March 30 in Johor Bahru, has been postponed until a date to be announced.

Ringgit Closes Higher As Tension In Strait Of Hormuz Eases

By Danni Haizal Danial Donald

KUALA LUMPUR, March 17 (Bernama) -- The ringgit continued its upward momentum on Tuesday, closing higher against the US dollar as news of some ships being allowed safe passage through the Strait of Hormuz eased demand for safe haven assets and lifted regional currencies.

Intel's Packaging Complex, Assembly Manufacturing Operational This Year - PM Anwar

KUALA LUMPUR, March 17 (Bernama) -- Intel’s investment in Malaysia is set to expand, with its advanced packaging complex and assembly manufacturing expected to be operational later this year, said Prime Minister Datuk Seri Anwar Ibrahim.

Megah Port Management, Labuan Port Authority Ink Agreements To Boost Port Operations

KUALA LUMPUR, March 17 (Bernama) -- Megah Port Management Sdn Bhd (MPM) and the Labuan Port Authority (LPA) today signed the operation, facility and management continuation agreement and the leasing agreement aimed at further strengthening port operations and maritime services on this duty-free island.

Panasonic Explores Investment In Palm Biomass-based MDF In Malaysia

KUALA LUMPUR, March 17 (Bernama) – Manufacturer of housing equipment and construction material, Panasonic Housing Solutions Co Ltd, is exploring investment opportunities for its palm biomass-based panels product, medium-density fibreboard (MDF).

ASEAN’s Future Remains Positive Amid Geopolitical Tensions In West Asia - Cheah

PETALING JAYA, March 16 (Bernama) -- The outlook for ASEAN remains optimistic despite geopolitical headwinds from the conflict in West Asia involving Iran and the United States, said Sunway Group founder and chairman Jeffrey Cheah.

West Asia Conflict: No Economic Stimulus Planned For Now - Amir Hamzah

KUALA LUMPUR, March 16 (Bernama) -- No economic stimulus package will be introduced for the time being in response to the West Asia conflict, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

West Asia Conflict: NEAC To Study Impact On Aviation, Oil Supply

JOHOR BAHRU, March 15 (Bernama) -- The National Economic Action Council (NEAC) will hold a meeting tomorrow to discuss the impact of the prolonged conflict in West Asia on the transportation sector, particularly aviation, and mitigation measures to safeguard oil and gas (O&G) supply.

Prolonged US-Iran Conflict May Trigger 70 Pct Drop In West Asia Oil Output -- Rystad Energy

KUALA LUMPUR, March 14 (Bernama) -- A prolonged conflict between the United States (US) and Iran could slash West Asia crude oil output by as much as 70 per cent in a worst-case scenario, energy research firm Rystad Energy said.

France Seeks To Expand Investments In Malaysia’s Aeronautics, Energy And Critical Minerals Sectors -- Envoy

By K. Naveen Prabu

KUALA LUMPUR, March 13 (Bernama) -- France is encouraging more of its companies to invest in Malaysia, particularly in sectors such as aeronautics, energy, and critical minerals, including rare earth elements (REE), according to French Ambassador to Malaysia, Marc Abensour.

MRANTI Park Drives Innovation Linking Research And Industry

KUALA LUMPUR, March 13 (Bernama) -- The Malaysian Research Accelerator for Technology and Innovation (MRANTI) is advancing a mission-driven approach that connects research, technology development and industry deployment through MRANTI Park.

Govt Working To Ensure Oil Supply Remains Secure, Stable - Amir Hamzah

KUALA LUMPUR, March 13 (Bernama) — The government is working to extend the country’s oil supply security and ensure domestic supply remains stable following the conflict in West Asia, said Finance Minister II Datuk Seri Amir Hamzah Azizan.