BNM Announces Foreign Exchange Policy liberalisation For MDBs, Qualified Non-resident DFIs

KUALA LUMPUR, Nov 15 (Bernama) -- Bank Negara Malaysia (BNM) today announced a liberalisation of foreign exchange policy (FEP) for multilateral development banks (MDBs) and qualified non-resident development financial institutions (DFIs), aiming to facilitate their investments in key growth areas in Malaysia

Malaysia May Be The Chair, But ASEAN Will Work As One - PM Anwar

LIMA (Peru), Nov 15 (Bernama) -- Malaysia may be the chair for the ASEAN and ABAC-Asean Caucus next year, but the 10-member block will continue to work together as one under the concept of centrality, said Prime Minister Datuk Seri Anwar Ibrahim.

Glide Technology Expects To Rake In RM30 Mln From Sales Of New Transformer Oil

KUALA LUMPUR, Nov 14 (Bernama) -- Glide Technology Sdn Bhd expects to rake in RM30 million in sales for the next five years during the commercialisation of the Malaysian Palm Oil Board (MPOB)-Glide palm oil ester-based transformer oil.

PM Anwar Calls For Robust Collaboration With Global South

LIMA (Peru), Nov 14 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today stressed the importance of strengthening ties with the Global South, highlighting the vast untapped potential and emerging opportunities in this region.

MITI's Approach At APEC To Ensure a Resilient Global Economy - Tengku Zafrul

By M. Saraswathi

LIMA (Peru), Nov 13 (Bernama) -- The Ministry of Investment, Trade and Industry’s (MITI) strategic approach to the 31st Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Week (AELW) 2024 includes ensuring a resilient and inclusive global economy.

Johor Plantations' 3Q Net Profit Rises To RM77.11 Mln

KUALA LUMPUR, Nov 13 (Bernama) -- Johor Plantations Group Bhd’s net profit rose to RM77.11 million for the third quarter ended Sept 30, 2024 (3Q 2024) from RM68.28 million in the same period last year. 

Malaysia To Launch Cross-border Re Auction For Singapore Via ENEGEM By Year-end — DPM Fadillah

KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia’s cross-border renewable energy auction for Singapore’s energy importer, under Energy Exchange Malaysia (ENEGEM), will begin by year-end, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

MMHE Returns To Black With RM15.27 Mln Net Profit In 3Q 2024

KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) returned to the black with a net profit of RM15.27 million in the third quarter ended Sept 30, 2024 (3Q 2024), compared to a net loss of RM105.21 million in 3Q 2023.

Malaysia Charts Ambitious Path Towards Net-zero Emissions, Aims For Regional Leadership In Sustainability

KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia has committed to achieving net-zero greenhouse gas emissions by 2050, positioning itself as a responsible global player in the fight against climate change despite contributing just 0.8 per cent of global emissions.

PM Anwar Arrives In Peru For Official Visit, APEC Leaders Week

LIMA (Peru), Nov 13 (Bernama) -- The aircraft carrying Prime Minister Datuk Seri Anwar Ibrahim touched down at 11.15 pm local time on Tuesday, marking his official visit to the western South American country.

APEC Growth Seen Moderating To 3.1 Pct In 2025 Amid Rising Debt, Geopolitical Risk

From M. Saraswathi

LIMA (Peru), Nov 12 (Bernama) -- Economic and geopolitical factors are slowing growth in the Asia Pacific Economic Cooperation (APEC) region, which consists of 21 member economies, according to the APEC Regional Trends Analysis report.

Kerjaya Prospek's Shares Up Following Plans To Expand Property Portfolio In Penang

KUALA LUMPUR, Nov 12 (Bernama) -- Kerjaya Prospek Group Bhd shares rose in early trade in Bursa Malaysia today after the company expanded its property portfolio in Penang.