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Malaysian, Vietnamese And Singaporean Firms Ink Landmark Deal For Export Of Renewable Energy

KUALA LUMPUR, May 26 (Bernama) -- In a landmark move for regional energy cooperation, leading energy companies from Malaysia, Singapore, and Vietnam have signed a joint development agreement to explore the export of renewable electricity from Vietnam to Malaysia and Singapore.

RON95 Subsidy Rationalisation To Be Implemented In Second Half Of 2025 -- Amir Hamzah 

KUALA LUMPUR, May 26 -- The rationalisation of RON95 fuel subsidies will be implemented in the second half of 2025, said Second Finance Minister Datuk Seri Amir Hamzah Azizan.

ASEAN Must Unlock Geo-Economic Potential To Narrow GDP Gap With Global Blocs - NCCIM

By V. Sankara

KUALA LUMPUR, May 26 (Bernama) -- ASEAN must capitalise on strategic initiatives such as the ASEAN Geo-economics Task Force and the Digital Economy Framework Agreement (DEFA) to narrow its economic gap with major global blocs like the European Union. 

ASEAN Needs Over US$3 Trillion Investment For Energy Transition By 2050 - Fadillah

KUALA LUMPUR, May 26 (Bernama) -- Malaysia has urged ASEAN member states to embrace a fundamental shift in financing strategies to achieve the region’s ambitious energy transition goals, with cumulative investments estimated at over US$3 trillion by 2050.

Malaysia Strategically Positioned To Drive Cross-Regional Trade, Enhance Supply Chains With ASEAN-GCC-China Economic Scale

KUALA LUMPUR, May 26 (Bernama) -- Malaysia is in a strategic position to drive cross-regional trade, strengthen regional supply chains, and advance sustainable infrastructure development, taking into account the enormous combined economic scale of ASEAN, the Gulf Cooperation Council (GCC), and China. 

Malaysia, Laos Forge Strategic Rail-Sea Trade Link

PUTRAJAYA, May 25 (Bernama) -- Laos and Malaysia have established a partnership to boost cross-border trade via rail and sea with the exchange of a Memorandum of Cooperation (MoC) between Penang Port Sdn Bhd (PPSB) and Thanaleng Dry Port (TDP) here today.

ASEAN Economic Ministers Concerned About Slow Progress Of ASEAN-India FTA Talks - Tengku Zafrul

By Anas Abu Hassan

KUALA LUMPUR, May 25 (Bernama) -- ASEAN Economic Ministers have raised concern over the slow progress of the bloc’s free trade agreement (FTA) talks with India, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

PM Anwar: Malaysian Banks’ Presence In Laos Reflects Strong Investor Confidence

KUALA LUMPUR, May 25 (Bernama) -- The presence of four major Malaysian banks in the Lao People’s Democratic Republic (Lao PDR) reflects strong investor confidence in the country’s political stability and attractive policies, particularly the way the central bank manages its financial institutions, said Prime Minister Datuk Seri Anwar Ibrahim.

AEC Blueprint Makes Significant Stride With Implementation Rate At A Commendable 97 Pct - Tengku Zafrul

KUALA LUMPUR, May 25 (Bernama) -- The ASEAN Economic Community (AEC) Blueprint 2025’s implementation rate stands at a commendable 97 per cent, comprising 75 per cent completed measures and 22 per cent currently in progress, said Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz.

ASEAN Wraps Up Trade Upgrade Negotiations With China And Within Bloc To Boost Growth

KUALA LUMPUR, May 25 (Bernama) -- ASEAN Economic Ministers have concluded negotiations for the ASEAN-China Free Trade Area (ACFTA) 3.0 upgrade alongside the completion of the upgraded ASEAN Trade in Goods Agreement (ATIGA), a major step forward for deeper economic integration and growth.

ASEAN Economic Ministers Convene With 11 Key Agendas, Call for Deeper Cooperation - Tengku Zafrul

By Anas Abu Hassan

KUALA LUMPUR, May 25 (Bernama) -- The 25th ASEAN Economic Community Council (AECC) meeting convened today on the sidelines of the 46th ASEAN Summit with 11 agendas up for discussion among the bloc’s state representatives, with talks focused on deeper cooperation. 

PM Anwar's Russia Trip Seen As Gateway To Central Asian Halal Market

By Lucia Terey John

KUALA LUMPUR, May 23 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s recent official visit to Russia is not only a strategic move to strengthen bilateral relations, but also a “gateway” for Malaysia to explore the halal industry in the European and Central Asian regions, according to an analyst.