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Efforts To Deal With Anti-Palm Oil Campaign Remain Despite MPOB Office Closure Abroad - Chan

KUALA LUMPUR, Nov 18 (Bernama) -- The closure of a few Malaysian Palm Oil Board (MPOB) offices abroad does not affect efforts to deal with the anti-palm oil campaign and the negative perception of the commodity in the international market, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.

PM’s Call For Equitable Trade, Deeper Trade Ties Vital For APEC, ASEAN To Navigate Global Uncertainties - ISIS Chairman

KUALA LUMPUR, Nov 18 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s call for a shift towards ‘equitable and humane trade’ and the deepening of trade ties at the recent Asia-Pacific Economic Cooperation (APEC) meeting in Lima, Peru, are critical strategies to navigate challenges facing multilateralism and trade globalisation.

Three Local Companies Conducting Feasibility Study For OTEC Development - Hajiji

KOTA KINABALU, Nov 18 (Bernama) -- The Sabah Energy Council (MTS) has given the nod to three local companies to conduct feasibility study as a proactive measure to involve local industry players in the development of ocean thermal energy conversion (OTEC) technology in Sabah.

Bermuda’s Evergreen Insurance Credit Ratings Downgraded  - AM Best

KUALA LUMPUR, Nov 18 (Bernama) -- AM Best has downgraded the financial strength rating to A- (excellent) from A (excellent) and the long-term issuer credit rating to “a-” (excellent) from “a” (excellent) of Bermuda’s Evergreen Insurance Company Limited (EICL).

MITI To Unveil Report On China’s Iron And Steel Overcapacity Impact - Liew

KUALA LUMPUR, Nov 18 (Bernama) -- The government, through the Ministry of Investment, Trade and Industry (MITI), will soon release the findings of a report examining the impact of excess capacity from China, particularly in the iron and steel sector.

Malaysia's Economic Growth To Remain Modest Amid External Challenges - Analyst

KUALA LUMPUR, Nov 18 (Bernama) -- Malaysia’s economic growth will remain modest for the rest of 2024, citing weakening external demand and ongoing global policy uncertainties, said Hong Leong Investment Bank Bhd (HLIB).

Ringgit Advances As Domestic Optimism Offsets US Rate Concerns

KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit extended its gains on Monday, buoyed by optimism over Malaysia’s domestic outlook, which offset concerns about the direction of US interest rates.

APEC 2024: PM Anwar Advocates For Global South, Non-Traditional Alliances For Equitable Growth 

From M. Saraswathi

LIMA (Peru), Nov 16 (Bernama) — Prime Minister Datuk Seri Anwar Ibrahim has underscored the critical importance of strengthening cooperation within the Global South, calling for the harnessing of non-traditional alliances with a clear emphasis on fostering equitable growth and development. 

Rubber Market To Trade On Positive Mode Next Week On EUDR Delay

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 16 (Bernama) -- The Malaysian Rubber Glove Manufacturers Association (MARGMA) expects the rubber market to trade positively next week, following the delay in the implementation of the European Union Deforestation Regulation (EUDR).

APEC Must Set Gold Standard For Cooperation To Cope With Economic Shocks, Climate Challenges -- PM Anwar

From M. Saraswathi

LIMA (Peru), Nov 16 (Bernama) -- In an era defined by rapid global disruptions from economic shocks to climate challenges, there is a need for a fundamental shift in the Asia-Pacific Economic Cooperation (APEC) on how it approaches economic cooperation that allows all economies, regardless of size, to thrive.

Rubber Market Ends Higher On Optimism Over China's Stimulus

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 15 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, buoyed by rising optimism that China would increase its economic stimulus measures to prop up its economy, a dealer said. 

Malaysia’s Removal From US Treasury Monitoring List Indicates Balanced, Transparent Policies – Economist

KUALA LUMPUR, Nov 15 (Bernama) -- Malaysia’s removal from the United States Treasury’s (Treasury) monitoring list indicated that the country’s economic and foreign exchange policies are now viewed as balanced and transparent, said an economist.