Malaysia's External Trade To Expand In 2025, Exports Up 4.9 Pct, Imports To Rise 4.5 Pct

KUALA LUMPUR, Jan 20 (Bernama) -- Malaysia's exports and imports are set to continue growing in 2025, with external trade expected to expand further.

Modern, Dynamic Free Trade Agreement Will Bring Mutual Benefits -- MITI

KUALA LUMPUR, Jan 20 (Bernama) -- A modern and dynamic free trade agreement will bring mutual benefits, open doors to new business opportunities and improve supply chain resilience.

Ringgit Closes Higher Against US Dollar Ahead Of Trump's Inauguration

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Jan 20 (Bernama) -- The ringgit closed higher against the US dollar ahead of US President Donald Trump’s inauguration today, said an economist.

MPOC Forecasts Seasonal Drop In Palm Oil Exports For January, February 2025

KUALA LUMPUR, Jan 20 (Bernama) -- Malaysia’s palm oil exports are expected to experience a seasonal decline in January and February this year, primarily due to a drop in production, said the Malaysia Palm Oil Council (MPOC).

Perodua, UTM Tie Up To Develop Next-generation Electric Vehicles

KUALA LUMPUR, Jan 20 (Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) and Universiti Teknologi Malaysia (UTM) have signed a memorandum of understanding (MoU) to collaborate on the development of next-generation electric vehicles (xEV).

Revival Of Malaysia-EU Trade Deal An Important Step Forward, Says European Commission President

From D.Arul Rajoo

BRUSSELS, Jan 20 (Bernama) -- European Commission (EC) President Ursula von der Leyen called the relaunching of negotiations for a Malaysia-EU Free Trade Agreement (MEUFTA) an important step forward together.

ECERDC Rakes In RM13.4 Bln Realised Investments In 2024

KUALA LUMPUR, Jan 20 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) secured RM13.4 billion in realised investments for 2024, a 56 per cent growth from 2023’s RM8.6 billion.

Malaysia Trade Seen Growing In Line With WTO Outlook -- MITI

KUALA LUMPUR, Jan 20 (Bernama) -- Malaysia’s trade is expected to expand in line with the outlook published by the World Trade Organisation (WTO), which projected global merchandise trade volume to grow by three per cent, according to the Ministry of Investment, Trade and Industry (MITI).

Malaysian Logistics Companies Should Go Regional - Liew

KUALA LUMPUR, Jan 20 (Bernama) -- Malaysian companies, especially those in the logistics sector, should go regional with a whole-of-government approach to create Malaysian global champions in services, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

Fajarbaru, PDC Ink Master PDA For Phase 1 Of Penang Medi-city

GEORGE TOWN, Jan 20 (Bernama) -- Fajarbaru Builder Group Bhd (FBG) and the Penang Development Corporation (PDC) have signed the master purchase and development agreement (master PDA) for the first phase of the Penang Medi-City project in Batu Kawan.

Malaysia 2024 Trade Value At RM2.88 Trillion All-Time High - MITI

KUALA LUMPUR, Jan 20 (Bernama) -- Exports and imports rebounded to an all-time high in 2024 with trade amounting to RM2.88 trillion, a 9.2 per cent increase year-on-year (y-o-y), surpassing the RM2 trillion mark for four consecutive years, according to the Investment, Trade and Industry Ministry (MITI). 

Two Offshore Marine, Databayu Team Up To Elevate Offshore O&G Services

MIRI, Jan 20  (Bernama) -- Two Offshore Marine Sdn Bhd, a 100 per cent Malaysian-owned offshore services and solutions provider, has forged a strategic partnership with Databayu Enterprise Sdn Bhd, a respected provider of offshore catering, logistics and support services.