7m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia opened marginally higher but retreated thereafter, weighed down by mild profit-taking in selected heavyweights as Wall Street slipped following the latest US tariff threats against the European Union (EU), analysts said.
7m ago
KUALA LUMPUR, May 26 (Bernama) -- Malaysia is in a strategic position to drive cross-regional trade, strengthen regional supply chains, and advance sustainable infrastructure development, taking into account the enormous combined economic scale of ASEAN, the Gulf Cooperation Council (GCC), and China.
7m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 26 (Bernama) -- The ringgit continued to strengthen against the US dollar at opening today, driven by tariff shocks that are expected to negatively impact the US economy, said an analyst.
7m ago
By Nurul Hanis Izmir
KUALA LUMPUR, May 25 (Bernama) -- The upgraded ASEAN-China Free Trade Area (CAFTA) 3.0 agreement, set to be signed later this year, marks a key milestone in strengthening trade, investment and connectivity between the two economic powers, ASEAN Secretary-General Dr Kao Kim Hourn said.
7m ago
PUTRAJAYA, May 25 (Bernama) -- Laos and Malaysia have established a partnership to boost cross-border trade via rail and sea with the exchange of a Memorandum of Cooperation (MoC) between Penang Port Sdn Bhd (PPSB) and Thanaleng Dry Port (TDP) here today.
7m ago
By Nurul Hanis Izmir
KUALA LUMPUR, May 25 (Bernama) -- The second ASEAN-Gulf Cooperation Council (GCC) Summit and the inaugural ASEAN-GCC-China Summit in Kuala Lumpur this week mark a significant step towards strengthening tripartite regional cooperation, particularly in economic collaboration, said ASEAN Secretary-General Dr Kao Kim Hourn.
7m ago
By Karina Imran
KUALA LUMPUR, May 25 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz today confirmed a Bernama report that Malaysia and oil-rich Gulf Cooperation Council (GCC) countries will sign a Free Trade Agreement (FTA) soon.
7m ago
By Karina Imran
KUALA LUMPUR, May 25 (Bernama) -- Malaysia is hopeful the upgraded ASEAN Trade in Goods Agreement (ATIGA) will help to liberalise further the region’s financial services sector, Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said.
7m ago
By Anas Abu Hassan
KUALA LUMPUR, May 25 (Bernama) -- ASEAN Economic Ministers have raised concern over the slow progress of the bloc’s free trade agreement (FTA) talks with India, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
7m ago
By Anas Abu Hassan
KUALA LUMPUR, May 25 (Bernama) -- The collective ASEAN gross domestic product (GDP) is projected to grow at 4.7 per cent in 2025 as compared to 4.2 per cent last year, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
7m ago
KUALA LUMPUR, May 25 (Bernama) -- The presence of four major Malaysian banks in the Lao People’s Democratic Republic (Lao PDR) reflects strong investor confidence in the country’s political stability and attractive policies, particularly the way the central bank manages its financial institutions, said Prime Minister Datuk Seri Anwar Ibrahim.
7m ago
KUALA LUMPUR, May 25 (Bernama) -- The ASEAN Economic Community (AEC) Blueprint 2025’s implementation rate stands at a commendable 97 per cent, comprising 75 per cent completed measures and 22 per cent currently in progress, said Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz.