1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit extended yesterday’s losses to close lower against the greenback on Tuesday, as the global economic outlook prompted investors to shift interest towards safe haven currencies, an analyst said.
1y ago
LAS VEGAS, Dec 2 (Bernama) -- Amazon Web Services (AWS) anticipates strong growth in its cloud services business, driven by the adoption of generative artificial intelligence (Gen-AI) that will further enhance the digital economy across the ASEAN region.
1y ago
KUALA LUMPUR, Dec 3 (Bernama) – The government will simplify financial cross-border approvals under the Foreign Exchange Policy, enabling funds to flow efficiently based on their mandate size to ensure Malaysia remains competitive in attracting foreign venture capital, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- High-quality corporate reporting could play a role within the MADANI Economy framework, where Malaysia aims to 'raise the ceiling' by expanding the economic pie, fostering broader participation and increasing the complexity of our economy.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- The fall in shares of banking heavyweights weighed heavily on Bursa Malaysia, causing the index to slip below the crucial 1,600 mark.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- The review of the Johor-Singapore Special Economic Zone (JS-SEZ) draft agreement between the Malaysian and Singaporean governments is in the final stage and is expected to be finalised by December, said the Ministry of Economy.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia's digital economy is poised to reach US$31 billion (RM138.4 billion) in gross merchandise value (GMV) in 2024, an increase of 16 per cent from 2023.
1y ago
SEOUL, Nov 26 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim held a meeting today with several family-owned business tycoons, locally known as "chaebols", as part of efforts to attract more foreign direct investment (FDI) into Malaysia.
1y ago
IPOH, Nov 25 (Bernama) -- Perak has good potential to be a contributor to the national economy compared to other states, Economic Affairs Minister Rafizi Ramli said.
1y ago
KUALA LUMPUR, Nov 25 (Bernama) -- The government does not intend to allow vehicles owned by non-citizens to enjoy the RON95 subsidy, said the Ministry of Economy.
1y ago
KUALA LUMPUR, Nov 25 (Bernama) -- Bank Muamalat Malaysia Bhd was honoured with the inaugural ‘World Islamic Banking Excellence Award’ at the prestigious World Muslim Leadership Forum (WMLF) 2024 in London, United Kingdom (UK), last Friday (Nov 22).
1y ago
KUALA LUMPUR, Nov 25 (Bernama) -- A team of BASF Environmental Catalyst and Metal Solutions (ECMS) and Heesung Catalysts Corporation (HCC) scientists was recently awarded a 2024 Edison Patent Award by the Research & Development Council of New Jersey.