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Malaysia-North Sumatera Trade Value Exceeds US$1 Bln In 2024

By Mohd Iswandi Kasan Anuar

JAKARTA, Sept 24 (Bernama) -- Malaysia’s bilateral trade with North Sumatra exceeded US$1 billion (US$1=RM4.19) in value last year, making Malaysia the second-largest ASEAN investor in the region, according to Malaysian Consul General in Medan, Shahril Nizam Abdul Malek.

Capital A To Complete Airline Disposal In October, Eyes PN17 Exit By Year-End — Fernandes

By Kisho Kumari Sucedaram

KUALA LUMPUR, Sept 24 (Bernama) -- Capital A Bhd is optimistic of completing the disposal of its airline business to AirAsia X Bhd (AAX) by October, paving the way for the group to seek removal of its Practice Note 17 (PN17) status by year-end.

AEM–USTR Consultation With Jamieson Greer To Take Centre Stage Today

By Ahmad Erwan Othman

KUALA LUMPUR, Sept 24 (Bernama) -- The spotlight of the third day of the 57th ASEAN Economic Ministers’ (AEM) Meeting will be the consultation between ASEAN ministers and the United States Trade Representative (USTR), Jamieson Greer.

Trade Relations And Collaboration With New Economies Are Among Key Remedies

By Anas Abu Hassan

KUALA LUMPUR, Sept 23 (Bernama) -- A remedy to the changing geopolitical and global trade winds is to deepen trade relations with new economies while exploring collaboration with new trading blocs.

Midea’s AI-powered Lighthouse Factory Drives Green Manufacturing In Asia-Pacific

CHONGQING, Sept 22 (Bernama) -- Midea’s Chongqing Chiller Factory, the world’s first fully AI-powered chiller “lighthouse factory”, is spearheading smart and green manufacturing across the Asia-Pacific and helping global partners achieve low-carbon transformation. 

ASEAN Geoeconomics Task Force To Kick Off Series Of AEM Meetings On Monday

By Karina Imran

KUALA LUMPUR, Sept 22 (Bernama) -- The 57th ASEAN Economic Ministers’ Meeting (AEM) and Related Meetings began this morning to deliberate on advancing regional economic integration and addressing key trade and investment issues.

ASEAN Economic Ministers Meeting Prepares To Welcome 500 Delegates

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Sept 21 (Bernama) -- Preparations for the 57th ASEAN Economic Ministers (AEM) Meeting and related meetings in the nation's capital are progressing smoothly, with several final preparations being carried out to ensure the smooth conduct of these meetings.

Budget 2026 To Factor In Input On KL’s Competitiveness As Financial Centre, Business Hub --MoF

KUALA LUMPUR, Sept 20 (Bernama) -- Input from discussions with international industry players on enhancing Kuala Lumpur’s competitiveness as an international financial centre and global business hub will be considered in the 2026 Budget, according to the Ministry of Finance (MoF).

AI Uncovers Trillion-Barrel Potential In Existing Oil Fields, Says Wood Mackenzie

KUALA LUMPUR, Sept 19 (Bernama) -- Existing oilfields could supply up to one trillion barrels of crude through 2050 without major new discoveries, according to analysis by energy consultancy Wood Mackenzie.

Wood Mackenzie Senio

CIMB Extends Payment Relief To Customers Affected By Sabah Floods

KUALA LUMPUR, Sept 19 (Bernama) -- CIMB Bank Bhd and CIMB Islamic Bank Bhd have reiterated that the CIMB flood relief assistance plan remains available to support customers affected by the recent floods in Sabah.

AKWEL Posts 1H Profit Drop Amid Disputes, Cost Controls Boost Margin

KUALA LUMPUR, Sept 19 (Bernama) -- AKWEL, a manufacturer of parts and systems for the automotive and heavy-vehicle industry, has reported a net income of 13.6 million euros for the first half (1H) of 2025, a decrease of 32.9 per cent compared to the same period last year. (1 Euro = RM4.93) 

AM Best Upgrades New Zealand’s Beneficial Insurance Issuer Credit Rating

KUALA LUMPUR, Sept 19 (Bernama) -- AM Best has upgraded New Zealand’s Beneficial Insurance Limited (Beneficial) long-term issuer credit rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the financial strength rating (FSR) of B++ (Good).