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Tesla Using Components From Local Suppliers, Involved In Technology Transfer -- MITI

KUALA LUMPUR, Nov 21 (Bernama) -- US electric vehicle (EV) maker Tesla has used components from about 45 local suppliers directly or indirectly to date, which also involves technology transfer to the suppliers, according to the Investment, Trade and Industry Ministry (MITI).

Recursion-Exscientia Merger Creates Advanced AI-driven Drug Discovery

KUALA LUMPUR, Nov 21 (Bernama) -- Recursion has completed its merger with Exscientia, making Exscientia a wholly owned subsidiary of Recursion, forming a vertically-integrated and technology-enabled drug discovery platform.

Two-year MADANI Govt: Turning Challenges Into Accomplishments

KUALA LUMPUR, Nov 21 (Bernama) -- In just two years of being in power, the MADANI government has reached a pivotal turning point in Malaysia's economic reforms, alongside efforts to address inefficiencies in state-owned entities, building on the resilient economic foundation laid in its first year.

Bursa Malaysia Opens Lower Amid Wall Street's Mixed Performance

KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia’s key index opened lower today amid Wall Street’s mixed performance overnight while US futures were marginally lower following Nvidia’s announcement which showed that its revenue forecast fell short of expectations, suggesting that its rapid growth may be nearing its limits. 

FMC Continues Monitoring Domestic Financial Market Conditions Amidst Key Global Developments

KUALA LUMPUR, Nov 20 (Bernama) -- Bank Negara Malaysia’s (BNM) Financial Markets Committee (FMC) continues to monitor the domestic financial market conditions amidst key global developments, namely the outcome of the recent US election and concerns surrounding China’s economic growth prospects.

Rising Equity Market Capitalisation Further Evidence Of Malaysia's Economic Recovery -- PM Anwar

KUALA LUMPUR, Nov 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim highlighted that the rise in Malaysia’s equity market capitalisation this year, which has surpassed RM2 trillion, is further evidence of Malaysia's economic recovery.

MIHAS@Dubai 2024 Capable Of Surpassing RM1 Bln Initial Export Sales Target -- DPM

DUBAI, Nov 19 (Bernama) -- The 2024 Malaysia International Halal Showcase expo in Dubai (MIHAS@ Dubai 2024) can exceed the initial export sales target of RM1 billion, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

Global Participation In Smart Nation Expo 2024 Shows Confidence In Malaysia - Gobind

KUALA LUMPUR, Nov 19 (Bernama) -- The participation of various brands and countries at the Smart Nation Expo 2024 reflects their confidence in Malaysia as a major digital investment centre, said Digital Minister Gobind Singh Deo.

Govt Provides Incentives For EV Charging Infrastructure Development - MITI

KUALA LUMPUR, Nov 18 (Bernama) -- The government will continue to provide incentives for the development of electric vehicle (EV) charging infrastructure, even though these incentives were not specifically mentioned in Budget 2025.

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.

Strong Malaysia-UAE Trade Ties In Halal Industry Underscore High Demand, Trust Within MENA Region -- Ahmad Zahid

DUBAI, Nov 18 (Bernama) -- The strong trade relationship between Malaysia and the United Arab Emirates (UAE) in the halal industry underscores the high demand and trust in Malaysia’s premium halal products within the Middle East and North Africa (MENA) region.

Locals, Traders In Yan Encouraged To Use e-Duit For Simpler Financial Transactions

YAN, Nov 16 (Bernama) -- Residents and traders in the Yan district are encouraged to buy and sell using electronic or cashless payment methods, known as e-Duit, to facilitate daily financial transactions and make life easier and more convenient.