LATEST NEWS   The govt has opted for a 2 pct EPF contribution rate for foreign workers instead of the originally proposed 12 pct -- PM Anwar | King's address: MADANI Gov't will ensure economic resources are distributed for national development, benefiting all levels of society – PM Anwar | ACCCIM urges govt to introduce export credit schemes and reduce import duties on raw materials to help SMEs adapt to new trade policies by major economies | Parliament opening ceremony: King's address filled with messages, must be understood by both gov't and opposition MPs - Fahmi | Firm action through diplomatic, legal and defence channels must be taken to safeguard sovereignty rights and national interests - King | 

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US Rate Cut, Malaysia's Structural Reforms And Economic Outlook Fuelling Ringgit Recovery -- BNM

By Vijian Paramasivam

KUALA LUMPUR, Sept 20 (Bernama) - - The US Federal Reserve’s (Fed) recent decision to slash interest rates has a significant impact on Malaysia’s ringgit, especially in light of shifting currency dynamics across the region.

Malaysia Must Focus More On Green Computing To Continue Attracting Data Centre Investments

 

By Mikhail Raj Abdullah

KUALA LUMPUR, Sept 20 (Bernama) -- Malaysia must focus more on green computing hardware and software to keep up with advancements in information technology (IT) infrastructure if it wants to continue attracting global data centre investments.

News In Brief: Sept 19, 2024

News In Brief: Sept 19, 2024

Malaysia Joins Six Countries To Ratify UK’s Accession Into CPTPP

KUALA LUMPUR, Sept 20 (Bernama) -- Malaysia has officially ratified the United Kingdom's (UK) accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a significant milestone as it is effectively Malaysia’s first bilateral free trade agreement with the UK.

MIHAS 2024 Knowledge Hub Session Offers SMEs Strategies For Export Growth

KUALA LUMPUR, Sept 20 (Bernama) -- The Knowledge Hub (KH) session organised by the Malaysia External Trade Development Corporation (MATRADE) at the Malaysia International Halal Showcase (MIHAS) 2024 is crucial for local small and medium enterprises (SMEs) in shaping their export strategies, as they often operate with a domestic focus and limited resources.

MIDA Partners MIER To Strengthen Malaysia’s Investment Climate

KUALA LUMPUR, Sept 19 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and the Malaysian Institute of Economic Research (MIER) have established a strategic partnership focused on enhancing Malaysia’s economic and investment climate through data-driven research, analysis, and collaboration.

Air Passenger Traffic Up 12.7 Pct To 8.7 Mln In August 2024 - MAVCOM

KUALA LUMPUR, Sept 19 (Bernama) -- Malaysian airports served 8.7 million air passengers in August, a 12.7 per cent growth from the 7.7 million passengers recorded in August 2023, reflecting continued robust growth across both international and domestic sectors.

PKNS Allocates RM0.5 Mln To Help Entrepreneurs Participate In International Exposition

KUALA LUMPUR, Sept 19 (Bernama) -- The Selangor State Development Corporation (PKNS) has allocated more than RM0.5 million to help potential entrepreneurs participate in international exposition in the country to expand their businesses. 

Kenaf Industry Seeks Greater Govt Support To Boost Growth -- Chan

CYBERJAYA, Sept 19 (Bernama) -- The kenaf industry needs more government support to accelerate its growth and attract more smallholders to engage in its cultivation, which could significantly contribute to the national economy, according to Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.

Empowering Youth Through TVET: Syed Hussien's Key Agenda

KLUANG, Sept 19 (Bernama) -- One of the key agendas of Syed Hussien Syed Abdullah, the Barisan Nasional (BN) candidate for the Mahkota state assembly by-election, is to empower the young people in the constituency through Technical and Vocational Education and Training (TVET). 

HDC Studies New Incentives To Boost Foreign Investments In Halal Industry

KUALA LUMPUR, Sept 18 (Bernama) -- The Halal Development Corporation (HDC), in collaboration with the Ministry of Investment, Trade and Industry (MITI) and the Malaysian Investment Development Authority (MIDA), is studying and formulating new incentives to boost foreign investment in the halal industry.

MATRADE’s Virtual Sourcing Programme At MIHAS 2024 Achieves RM347 Mln In Sales

KUALA LUMPUR, Sept 18 (Bernama) -- The International Sourcing Programme (INSP) organised by the Malaysia External Trade Development Corporation (MATRADE) at the Malaysia International Halal Showcase (MIHAS) 2024 has been a success, with the virtual segment having achieved RM347 million in sales to date.