Malaysia Reaffirms Commitment To Strengthen ASEAN-GCC Ties

SUBANG, Dec 21 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has reaffirmed Malaysia’s commitment to strengthening ASEAN-Gulf Cooperation Council (GCC) ties, highlighting the importance of cohesive engagement between member states and ensuring ASEAN remains relevant in addressing global challenges.

As ASEAN Chair Next Year, Malaysia To Focus On ASEAN Power Grid, Digitalisation - PM Anwar

SUBANG, Dec 21 (Bernama) -- Malaysia aims to prioritise the ASEAN power grid and digitalisation as ASEAN Chair next year, as part of efforts to support the growth of intra-ASEAN trade, said Prime Minister Datuk Seri Anwar Ibrahim.

Petronas And Petros Can Collaborate To Drive Growth In Oil And Gas Industry - PM Anwar

SUBANG, Dec 21 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) can support each other to grow in the oil and gas industry, said Prime Minister Datuk Seri Anwar Ibrahim.

Salaam Market Aims To Onboard 10,000 MSMEs By 2025

GEORGE TOWN, Dec 20 (Bernama) -- Salaam Market, Malaysia’s first wholesale halal marketplace, aims to onboard 10,000 micro, small and medium enterprises (MSMEs) by 2025. 

New Investment Incentive Framework: A Leap Towards High-Income Economy

By Zufazlin Baharuddin & Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 20 (Bernama) -- The New Investment Incentive Framework, announced in Budget 2025, marks Malaysia’s bold move to position itself as a high-income nation by prioritising high-value sectors, mainly in digitalisation and artificial intelligence (AI) within the digital economy.

Malaysia, Turkmenistan To Strengthen Ties, Petronas Central To Relationship

PUTRAJAYA, Dec 19 (Bernama) – Turkmenistan and Malaysia are poised to strengthen bilateral economic cooperation, focusing on energy, trade, and innovation, said Turkmenistan President Serdar Berdimuhamedow.

Labuan Attracts Interest From 32 Investors Across Key Sectors, Says Dr Zaliha

LABUAN, Dec 19 (Bernama) -- Minister in the Prime Minister’s Department Dr Zaliha Mustafa said that at least 32 investors, foreign and local from diverse industrial sectors have expressed keen interest in investing in this duty-free island.

5G Remains The Focus For Telco In 2024

By Anas Abu Hassan

KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia's telecommunications industry has seen quite an eventful year in 2024 as the country progresses toward deploying its second 5G network. 

Malaysia-China 11-month Trade Matches 2023 Total Trade, Signalling Strong Recovery - Tengku Zafrul

KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia-China economic ties have continued to strengthen, with bilateral trade reaching nearly US$98 billion (US$1=RM4.467) in the 11 months of 2024, matching the total trade volume for all of 2023.

BNM Refining RBI Proposal For LCSF, To Enhance Use Of Rupee And Ringgit In Trade

KUALA LUMPUR, Dec 5 (Bernama) -- Bank Negara Malaysia (BNM) is currently fine-tuning a proposal from the Reserve Bank of India (RBI) to develop a Local Currency Settlement Framework (LCSF) to enhance the use of the Malaysian ringgit and Indian rupee in bilateral trade, said the Ministry of Investment, Trade and Industry (MITI).

MTEN Discusses Efforts To Make Malaysia A Regional R&D Hub, Direction Of GovTech -- PM Anwar 

KUALA LUMPUR, Dec 5 (Bernama) -- The National Economic Action Council (MTEN) meeting today reviewed two presentation papers related to efforts to make Malaysia a regional research and development (R&D) hub, as well as the direction of GovTech Malaysia.

Malaysia Can Emerge As Regional Focal Point For Multinational Firms In ASEAN - Economist

By Mikhail Raj Abdullah

KUALA LUMPUR, Dec 5 (Bernama) -- Malaysia can leverage its mature digital infrastructure and skilled workforce to become the focal point for regional headquarters of multinational companies (MNCs) and high-skilled services and manufacturing.