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VentureTECH, MTC Orec Partner To Accelerate Biomethane Projects In Malaysia

PUTRAJAYA, Dec 23 (Bernama) -- VentureTECH Sdn Bhd (VentureTECH) and MTC Orec Sdn Bhd (MTC Orec) have formed strategic partnerships to accelerate the development of MTC Orec's biomethane plants, reinforcing both companies' commitment to sustainable growth and renewable energy innovation.

2024 Economic Highlights: Madani Government Drives Long-term Prosperity – PM Anwar

KUALA LUMPUR, Dec 22 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim stated that the MADANI government has implemented strategic initiatives throughout 2024 to drive long-term prosperity for the people and the nation.

Ringgit Ends Marginally Lower Against Greenback Amid Upbeat US Data

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 20 (Bernama) -- The ringgit ended marginally lower against the US dollar on the final trading day of the week, pressured by a stronger greenback following upbeat US economic data that exceeded market expectations.

New Investment Incentive Framework: A Leap Towards High-Income Economy

By Zufazlin Baharuddin & Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 20 (Bernama) -- The New Investment Incentive Framework, announced in Budget 2025, marks Malaysia’s bold move to position itself as a high-income nation by prioritising high-value sectors, mainly in digitalisation and artificial intelligence (AI) within the digital economy.

Ringgit Nearly Flat Against US Dollar, Strengthens Against Basket Of Other Currencies

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 20 (Bernama) -- The ringgit opened nearly flat against the US dollar as the outcome of the two-day Federal Open Market Committee (FOMC) meeting and stronger US economic data are expected to remain supportive of the dollar, an economist said.

Bilateral Trade Between Malaysia, South Korea Hits RM100.6 Bln As Of November -- Tengku Zafrul

SHAH ALAM, Dec 19 (Bernama) -- Bilateral trade between Malaysia and South Korea until November has hit RM100.6 billion, mainly in the electrical and electronics (E&E) sector, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Labuan Attracts Interest From 32 Investors Across Key Sectors, Says Dr Zaliha

LABUAN, Dec 19 (Bernama) -- Minister in the Prime Minister’s Department Dr Zaliha Mustafa said that at least 32 investors, foreign and local from diverse industrial sectors have expressed keen interest in investing in this duty-free island.

Xindeco IoT Inaugurates RFID Manufacturing Plant In Nilai

KUALA LUMPUR, Dec 19 (Bernama) -- Xindeco IoT Malaysia Sdn Bhd has inaugurated its cutting-edge radio frequency identification (RFID) manufacturing facility in Nilai, Negeri Sembilan, which stands as the largest RFID production hub in Southeast Asia.

Malaysia-China 11-month Trade Matches 2023 Total Trade, Signalling Strong Recovery - Tengku Zafrul

KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia-China economic ties have continued to strengthen, with bilateral trade reaching nearly US$98 billion (US$1=RM4.467) in the 11 months of 2024, matching the total trade volume for all of 2023.

MRL, CCCECRL Jointly Operate And Maintain ECRL Project

PUTRAJAYA, Dec 18 (Bernama) -- Malaysia Rail Link Sdn Bhd (MRL) and China Communications Construction (ECRL) Sdn Bhd (CCCECRL) today created an operating company (OpCo) with a 50:50 interest ratio for the purpose of operating and maintaining the East Coast Rail Link (ECRL) project.

Dewan Negara Passes Five Bills Related To Business Activities In Labuan

KUALA LUMPUR, Dec 18 (Bernama) -- The Dewan Negara has passed five bills under the Ministry of Finance related to business activities in Labuan, namely the Labuan Business Activity Tax (Amendment) (No.2) Bill 2024 and the Labuan Companies (Amendment) Bill 2024.

Only 1.6 Pct Of Approved Investments Have Not Been Implemented Between 2021 And March 2024 -- Zafrul

KUALA LUMPUR, Dec 18 (Bernama) -- Only 1.6 per cent of approved investment projects from 2021 to March 2024 have not been implemented, said Investment, Trade, and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.