Malaysia Set To Unlock Economic Opportunities As BRICS Partner Country -- Academician

By Abdul Hamid A. Rahman

KUALA LUMPUR, Oct 27 (Bernama) -- Malaysia’s recognition as one of the 13 nations officially added to BRICS presents significant economic opportunities, opening doors to trade, investment, and cooperation with the world’s largest emerging markets, including Brazil, Russia, India, China, and South Africa.

CPO Futures Likely To Trade With Bullish Bias Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to be well supported with a bullish bias next week, a dealer said.

MATRADE-HDC Merger: MITI Establishes Pro Tem Committee To Align Resources And Operational Frameworks 

KUALA LUMPUR, Oct 25 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has formed a Pro Tem Committee to streamline resources and operational frameworks in support of the merger between the Malaysia External Trade Development Corporation (MATRADE) and the Halal Development Corporation (HDC).

NTIS Allocates RM80.84 Mln To Foster Innovative Solutions

SHAH ALAM, Oct 24 (Bernama) -- The National Technology and Innovation Sandbox (NTIS) allocated RM80.84 million in 100 project funding to foster the development of innovative solutions from July 2020 to December 2023.

EIG’s MidOcean Energy Wraps Up Stake Purchase In Peru LNG

KUALA LUMPUR, Oct 25 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, announced the completion of its previously announced agreement to acquire an additional 15 per cent interest in Peru LNG (PLNG) from Hunt Oil Company (Hunt).

CPO Futures Hit Two-year High On Weak Production, Lower Stocks

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rallied to a two-year high, driven by expectations of weak production and lower stock levels in both Malaysia and Indonesia, a trader said.

Kenanga Investment Maintains 2024 GDP Growth Forecast At 5.0 Pct

KUALA LUMPUR, Oct 23 (Bernama) -- Kenanga Investment Bank Bhd has maintained its forecast for Malaysia’s gross domestic product growth at 5.0 per cent for 2024 and expects it to moderate to 4.8 per cent in 2025.

MATRADE Committed To Boosting Foreign Trade Through Budget 2025

KUALA LUMPUR, Oct 22 (Bernama) -- The Malaysian External Trade Development Corporation (MATRADE) will continue as the country's export promotion agency under Budget 2025 to help Malaysian companies to remain competitive in foreign markets.

Malaysia Exports Palm-Based Oleochemicals Worth RM2.82 Bln To China In 2023 - Johari

KUALA LUMPUR, Oct 22 (Bernama) -- The export of palm-based oleochemicals from Malaysia to China has increased 1.4 times to 604,208 tonnes in 2023, worth over RM2.82 billion from 434,333 tonnes in 2014, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

EXIM Bank, GTC Ink US$19.97 Mln Agreement To Boost Cambodia's Telecommunications Infrastructure

KUALA LUMPUR, Oct 22 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) has inked a financing agreement with Global Tower Corporation Pty Ltd (GTC) worth US$19.97 million (US$ = RM4.32).

MATRADE Eyes RM1 Bln Sales From MIHAS@Dubai

KUALA LUMPUR, Oct 22 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) targets RM1 billion in export sales from the upcoming MIHAS@Dubai at the Dubai World Trade Centre.

Exim Bank To Enhance Role In NIMP 2030, Boost Financing For Malaysian MSMES

KUALA LUMPUR, Oct 22 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) is set to reinforce its role within the New Industrial Master Plan (NIMP 2030) ecosystem by providing financing to deserving Malaysian companies, including micro, small and medium enterprises (MSMEs).