2m ago
GEORGE TOWN, Aug 27 (Bernama) -- Penang continued to assert its position as a preferred investment destination for both new and existing investors, with a recorded RM12.5 billion in approved manufacturing investments in the first half of 2025 (1H2025), representing a 150 per cent year-on-year increase.
2m ago
KUALA LUMPUR, Aug 26 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has reiterated that Malaysia remains in an overall competitive position despite the new tariff rates imposed on the country by the United States.
2m ago
KUALA LUMPUR, Aug 26 (Bernama) -- Transhipment activities have not yet been fully clarified in terms of enforcement implementation as the United States (US) has not outlined in detail the categories of such activities, said the Ministry of Investment, Trade and Industry (MITI).
2m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Aug 26 (Bernama) -- The Malaysian rubber market extended its uptrend at the close today, driven by continuous upward momentum in regional rubber futures markets, a dealer said.
2m ago
KUALA LUMPUR, Aug 26 (Bernama) -- The Ministry of Plantation and Commodities (KPK) is submitting a request to the Ministry of Finance (MOF) for crude palm kernel oil (CPKO) and palm kernel olein to be exempted from the Sales and Services Tax (SST), both of which currently taxed at a rate of five per cent.
2m ago
KUALA LUMPUR, Aug 26 (Bernama) -- Malaysia’s global leadership in rubber glove exports during the 13th Malaysia Plan (13MP) period hinges on a sustained emphasis on high-value manufacturing, digitalisation, sustainability and labour market reforms.
2m ago
KUALA LUMPUR, Aug 26 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) has reiterated that the United States (US) tariff reduction to 19 per cent from 25 per cent was not conditional on Malaysia Airlines (MAS) purchasing 30 Boeing aircraft.
2m ago
KUALA LUMPUR, Aug 25 (Bernama) -- Public Investment Bank (IB) Bhd has maintained its 2025 headline inflation forecast at 1.9 per cent year-on-year, while CIMB Securities Sdn Bhd trimmed its projections, with both firms expecting only limited impact from the planned fuel price cut.
2m ago
By Nor Baizura Basri
KUALA LUMPUR, Aug 22 (Bernama) -- Malaysia continues to stand out across various industry sectors as a credible and well-positioned base for establishing and expanding regional operations, according to a consulting firm.
2m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 21 (Bernama) -- The ringgit closed higher against the US dollar and its regional peers amidst cautious sentiments, after the United States Federal Open Market Committee (FOMC) meeting minutes revealed that almost all participants supported keeping the interest rate unchanged.
2m ago
KUALA LUMPUR, Aug 21 (Bernama) -- The export value of Malaysia’s rubber glove sector hit RM6 billion for the period January 2025 to May 2025, said Minister of Plantation and Commodities Datuk Seri Johari Abdul Ghani.
2m ago
KUALA LUMPUR, Aug 20 (Bernama) -- Gamuda Bhd shares went up in today’s early trading session after the group announced its collaboration with SD Guthrie Bhd to develop, own and operate solar power assets, including energy storage systems, with a combined target capacity of 1.2 gigawatts (GWs).