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MITI Reviews Five Legislations To Strengthen Industrial Development

KUALA LUMPUR, Feb 14 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is reviewing five legislations to strengthen industrial development which the ministry intends to present to parliament this year.

Ringgit Records 2.7 Pct Overall Appreciation Against US Dollar In 2024 -- BNM

KUALA LUMPUR, Feb 14 (Bernama) -- The ringgit recorded an overall appreciation of 2.7 per cent against the US dollar in 2024, standing out as one of the few Asian currencies to strengthen versus the greenback, said Bank Negara Malaysia (BNM). 

Malaysia’s Economy Grows 5.1 Pct in 2024, In Line With Govt's Target

KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, aligning with the government’s target of 4.8 per cent to 5.3 per cent year-on-year.

Bursa Suspends YBS' Short-selling, Issues UMA Query

KUALA LUMPUR, Feb 14 (Bernama) -- Bursa Malaysia has suspended intraday short-selling (IDSS) for YBS International Bhd until next Monday, Feb 17, at 8.30 am due to breaches in price limit.

MIDF Sees Malaysia's Fourth Quarter GDP Growth At 4.8 Pct

KUALA LUMPUR, Feb 13 (Bernama) -- MIDF Amanah Investment Bank Bhd sees Malaysia’s gross domestic product (GDP) growth for the fourth quarter of 2024 (4Q 2024) at 4.8 per cent, similar to the government’s advance estimate.

Penang Confident Of Withstanding Impact Of US Tariff Changes - Chow

GEORGE TOWN, Feb 13 (Bernama) -- Penang can overcome challenges from tariff changes announced by United States President Donald Trump's administration, according to Chief Minister Chow Kon Yeow.

Trump’s Tariff War Pushes Malaysia To Accelerate Reforms - Rafizi

KUALA LUMPUR, Feb 13 (Bernama) -- The uncertainty in the global economy following US President Donald Trump’s tariff hikes on Canada, Mexico and China presents an opportunity for Malaysia to accelerate economic reforms, Economy Minister Datuk Seri Rafizi Ramli said.

Special Dividend Likely, Given MPI's Strong Net Cash Position - CIMB Securities

KUALA LUMPUR, Feb 13 (Bernama) -- CIMB Securities Sdn Bhd forecasts the Malaysian Pacific Industries Bhd (MPI) to issue a potential special dividend, given its strong net cash position of RM991 million as of September 2024.

Malaysia's GDP Expected To Come In At 5.1 Pct In 2024 - HLIB Research

KUALA LUMPUR, Feb 13 -- Malaysia’s economic growth is expected to be positive with a 5.1 per cent growth year-on-year (y-o-y) in 2024, in line with advance estimate and within the Finance Ministry's (MoF) official target of between 4.8 per cent and 5.3 per cent y-o-y, said Hong Leong Investment Bank (HLIB Research). 

Blackmores Secures JAKIM Halal Certification, Expanding Accessibility For Muslim Consumers

KUALA LUMPUR, Feb 12 (Bernama) -- Blackmores' dedication to delivering high-quality health supplements to a wider consumer base, including the Muslim community, has been boosted by its recent halal certification by the Department of Islamic Development Malaysia (JAKIM).

Malaysia, Turkiye Should Collaborate In Key Sectors To Achieve US$10 Bln Trade Target -- PM Anwar

KUALA LUMPUR, Feb 11 (Bernama) -- Malaysia and Turkiye need to collaborate in various sectors,  including semiconductors, agri-commodities, electrical and electronics (E&E) as well as food and beverages (F&B) to achieve the US$10 billion (RM44.68 billion) bilateral trade target, says Prime Minister Datuk Seri Anwar Ibrahim.

Turkiye Aims To Double Trade With Malaysia To US$10 Bln As Economic Ties Deepen

PUTRAJAYA, Feb 10 (Bernama) -- Turkiye aims to double its trade with Malaysia to US$10 billion after surpassing the US$5 billion mark in 2024, President Recep Tayyip Erdogan announced today.