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MIDA, FMM, Bintang Capital Team Up To Launch Fund To Transform Malaysia's Semiconductor Industry

KUALA LUMPUR, April 28 (Bernama) -- The Malaysian Investment Development Authority (MIDA), the Federation of Malaysian Manufacturing (FMM), and Bintang Capital Partners Bhd have joined forces to introduce the Bintang Semiconductor Impact Fund I (BSIF I) to revolutionise Malaysia’s semiconductor industry. 

Malaysia Proposes Setting Up ASEAN Halal Council To Boost Regional Halal Industry

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 29 (Bernama) -- Malaysia proposes establishing the ASEAN Halal Council to strengthen strategic cooperation in the regional halal industry, and this proposal will be submitted to the ASEAN Secretariat for official finalisation.

Tariff Cuts Possible After Malaysia, US Begin Talks – Economist

KUALA LUMPUR, April 25 (Bernama) -- Zero or reduced reciprocal tariffs for Malaysia could emerge as one of the key positive outcomes from the discussions by Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz with the United States Trade Representative (USTR), Jamieson Greer, yesterday.

Bin Zayed Invests US$500 Mln In Aviation Fuel Refinery Project 

KUALA LUMPUR, April 25 (Bernama) -- Bin Zayed International (M) Bhd (BZI) will invest US$500 million to develop a sustainable aviation fuel (SAF) refinery – the world’s first integrated facility in Port Klang – which will set to position Malaysia at the forefront of clean aviation fuel production.

Only Locally Produced Rubber Gloves Allowed For Export – KPK

PUTRAJAYA, 25 April (Bernama) -- Malaysia has imposed an immediate restriction requiring all rubber glove exporters licensed by the Malaysian Rubber Board (MRB) to only export gloves produced by local manufacturers, the Ministry of Plantation and Commodities (KPK) announced today.

Bumitra-Maysan Collaboration Strengthens Umrah Service, Restores Pilgrims' Confidence

KUALA LUMPUR,  April 24 (Bernama) -- The Association of Bumiputera Tour Operators Malaysia (Bumitra Malaysia) has formalised a strategic partnership with Saudi Arabian hospitality provider, Maysan International Group, in a move aimed at elevating the quality, accessibility, and professionalism of the country’s umrah services.

Malaysia Remains 9th Largest Global Exporter Of High-tech Products In 2023 -- MOSTI

CYBERJAYA, April 24 (Bernama) -- Malaysia successfully maintained its position as the ninth-largest exporter of high-technology goods out of 143 countries worldwide in 2023, the highest recognition it has achieved in the past decade.

Uni-Fuels Revenue Soars 119 Pct, Faces Profit Headwinds Post-IPO

KUALA LUMPUR, April 23 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels), a global marine fuel solutions provider, posted a 119 per cent surge in revenue for 2024, reaching US$155.2 million from US$70.8 million in 2023, driven by a 121 per cent jump in marine fuel sales. (US$1=RM4.38)

Bursa Malaysia Higher At Midday, In Sync With Regional Peers

KUALA LUMPUR, April 23 (Bernama) -- Bursa Malaysia remained higher in sync with the upbeat performance of regional peers amid optimism over easing United States (US)-China trade tensions. 

New MAHB Shareholders Set To Drive Long-term Growth And Efficiency

KUALA LUMPUR, April 23 (Bernama) --  Malaysia Airports Holdings Bhd (MAHB) is undergoing a strategic transformation following its privatisation, with new shareholders focused on enhancing the passenger journey, remediating and revitalising infrastructure, and improving operational efficiency across the network.

CPO Futures End Higher On Stronger Soybean, Crude Oil Prices

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, April 22 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today on stronger soybean oil and crude oil prices, said palm oil trader David Ng.

CPO Prices Expected To Hold At RM3,900 As Palm Oil Regains Price Competitiveness

KUALA LUMPUR, April 22 (Bernama) -- Palm oil prices are expected to remain supported at RM3,900 per tonne in the coming weeks, underpinned by the recovery in soybean oil prices, which enhances palm oil’s price competitiveness, according to the Malaysian Palm Oil Council (MPOC).