1y ago
GEORGE TOWN, April 21 (Bernama) -- Human Resources Minister Steven Sim Chee Keong has called on Penang’s semiconductor and advanced technology industries to reimagine the state’s future amid global economic uncertainty, urging a bold shift from a traditional manufacturing hub to a high-value, innovation-driven economy.
1y ago
KUALA LUMPUR, April 21 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) is an enabler of the Malaysia Pavilion’s goal to attract RM13 billion in foreign direct investment (FDI) during Expo 2025 in Osaka, Kansai, Japan.
1y ago
KUALA LUMPUR, April 14 (Bernama) -- Former Prime Minister Tun Abdullah Ahmad Badawi’s leadership and foresight were instrumental in laying the foundation for Malaysia’s economic corridor initiatives, which have left a lasting impact on the country’s economic landscape, said the East Coast Economic Region Development Council (ECERDC).
1y ago
KUALA LUMPUR, April 10 (Bernama) – ASEAN will engage in a frank and constructive dialogue with the United States to address trade-related concerns after Washington imposed tariffs on 168 countries including all members of the Southeast Asian grouping.
1y ago
KUALA LUMPUR, April 8 (Bernama) -- Calling the United States’ (US) tariffs move as a “Trumpian crisis”, Tan Sri Nazir Razak said it is an opportunity for ASEAN to demonstrate and further cement unity and resilience and together turbo-charge economic integration of the bloc.
1y ago
By Mikhail Raj Abdullah
PUTRAJAYA, April 4 (Bernama) – Malaysia is well-positioned to face any economic crisis following fears that the United States’ (US) sweeping tariffs on 168 countries, including Malaysia, will start a global trade war.
1y ago
KUALA LUMPUR, March 21 (Bernama) -- ASEAN economies, particularly Vietnam, Malaysia, and India, have benefited from China's supply chain diversification, primarily in textiles and electronics, according to Moody's Ratings.
1y ago
KUALA LUMPUR, March 20 (Bernama) -- MIMOS Berhad and SensoremTek Sdn Bhd have signed a strategic cooperation agreement to strengthen the country's semiconductor industry through the production of high-tech MEMS (Micro-Electro-Mechanical Systems) microphone sensor wafers.
1y ago
KUALA LUMPUR, March 13 (Bernama) — InvestKL Corporation secured RM4.08 billion in foreign direct investments in 2024 from 12 leading global companies, said its chief executive officer Datuk Muhammad Azmi Zulkifli.
1y ago
KUALA LUMPUR, March 12 (Bernama) -- UEM Group Bhd’s wholly-owned subsidiary and green industries arm UEM Lestra Bhd (UEM Lestra) has partnered with Saudi Arabia’s ACWA Power to conduct a feasibility study and jointly develop renewable independent water and power plant (IWPP) facilities in Malaysia.
1y ago
KUALA LUMPUR, March 12 (Bernama) -- Industry leaders welcomed the passing of the Employees Provident Fund (EPF) (Amendment) Bill 2025, hailing it as a balanced approach that strengthens social security while ensuring business sustainability.
1y ago
KUALA LUMPUR, March 11 (Bernama) -- ASEAN should optimise the utilisation of the Regional Comprehensive Economic Partnership (RCEP) and the upgraded ASEAN+1 Free Trade Agreements (FTAs) to mitigate the risks of economic uncertainty following the imposition of US tariffs on Canada, Mexico and China.