LATEST NEWS   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 | ACCCIM urges govt to introduce export credit schemes and reduce import duties on raw materials to help SMEs adapt to new trade policies by major economies | Parliament opening ceremony: King's address filled with messages, must be understood by both gov't and opposition MPs - Fahmi | 

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Malaysia, UK Discuss Elevating Relations To Strategic Partnership

From D.Arul Rajoo

LONDON, Jan 15 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today met his United Kingdom (UK) counterpart, Sir Keir Starmer, and discussed about elevating the relations between both countries to strategic partnership covering all spheres.

ASEAN+3 Working Committee Meeting Outlines ASEAN's 2025 Main Economic Priorities

KUALA LUMPUR, Jan 15 (Bernama) -- The First Meeting of the ASEAN+3 Working Committee has agreed to set the Priority Economic Deliverables (PEDs) for ASEAN 2025, which include increasing access to sustainable and fair climate transition financing, said the Ministry of Finance (MoF).

Ringgit Advances Against US Dollar At The Close

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit advanced against the US dollar at the close today following reduced demand for the American dollar influenced by softer US Producer Price Index (PPI) data and expectations of a gradual tariff implementation, said an analyst.

Bursa Malaysia Reverses Early Gains To End Lower Ahead Of US CPI Data

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 15 (Bernama) -- Bursa Malaysia reversed its early gains to close broadly lower, with over 900 stocks in the red, reflecting the continuous lack of confidence across the market.

KL Rubber Market Ends Mixed Amid Global Rubber Supply Concern

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 15 (Bernama) -- The Kuala Lumpur rubber market ended mixed today, with the SMR 20 continuing to rise, supported by the uptrend in the regional rubber futures market and a weaker ringgit against the US dollar, a dealer said. 

US Patent Grants See Growth In 2024, Samsung Holds Top Spot

KUALA LUMPUR, Jan 15 (Bernama) -- United States (US) patent grants have rebounded after four years of decline, rising by 3.8 per cent from calendar year 2023 to 324,043, with Samsung retaining top spot for the third year in a row, according to IFI CLAIMS Patent Services.

Global Uncertainties Push Ringgit To Open Higher Against US Dollar

KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a report hinting at gradual tariff implementations and data showing an unexpected dip in US wholesale inflation, said an analyst.

Ringgit Steadies Around 4.50-level Against US Dollar

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 14 (Bernama) -- The ringgit steadied at around 4.50-level against the US dollar at the close today as market participants await the US Producer Price Index report later today.

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.

Bursa Malaysia Ends At Intraday Low Amid Mixed Regional Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia failed to sustain the buying momentum seen most of the day to end at an intraday low on late selling of selected utilities and plantation heavyweight counters, amid a mixed performance in regional peers.

Malaysia’s ASEAN Chairmanship Strengthens Palm Oil Trade And Regional Cooperation -- MPOB

PUTRAJAYA, Jan 14 (Bernama) -- The palm oil trade is a cornerstone of ASEAN’s economic activity, and Malaysia is committed to leveraging regional frameworks such as the Regional Comprehensive Economic Partnership (RCEP) and ASEAN’s Free Trade Agreements (FTAs) with countries like South Korea, Australia and New Zealand.

CPTPP Secures Tariff-free Access To UK Market For Malaysian Palm Oil And Products - Malaysian Envoy

LONDON, Jan 14 (Bernama) – Malaysian products, particularly palm oil, are expected to benefit from tariff-free access in the United Kingdom (UK) under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade agreement.