3m ago
By Karina Imran
KUALA LUMPUR, April 9 (Bernama) -- Permodalan Nasional Bhd (PNB) is looking to exit its positions in legacy investments, allowing it to strengthen other asset classes, including fixed income, said its deputy president and group chief executive officer, Datuk Rick Ramli.
3m ago
KUALA LUMPUR, April 9 (Bernama) -- There will be no winner in the United States (US) sweeping global tariffs and similar responses from other countries, and the only way forward is through negotiation to minimise the damage, said former Bank Negara Malaysia assistant governor Tan Sri Andrew Sheng.
3m ago
By Zufazlin Baharuddin
KUALA LUMPUR, April 9 (Bernama) -- ASEAN Power Grid (APG) vision requires an estimated investment of US$764 billion (US$1 = RM4.49) for power generation and transmission infrastructure, said ASEAN secretary- general Dr Kao Kim Hourn.
3m ago
By Karina Imran
KUALA LUMPUR, April 9 (Bernama) — A former central banker has warned that the ongoing US-China trade war, which has seen tariffs on Chinese goods rise by over 104 per cent, will have a long-lasting impact on global markets, including Malaysia and ASEAN countries.
3m ago
KUALA LUMPUR, April 9 (Bernama) -- ASEAN, which remains committed to upgrading existing free trade agreements (FTAs) to ensure they stay relevant and effective, will see the upgraded version of the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) deal on April 21, 2025.
3m ago
KUALA LUMPUR, April 9 (Bernama) -- ASEAN Finance Ministers today got down to the hard work of putting in place the necessary pre-requisites and initiatives to deepen financial integration more urgently in the light of debilitating tariffs on all member states.
3m ago
KUALA LUMPUR, April 8 (Bernama) -- Calling the United States’ (US) tariffs move as a “Trumpian crisis”, Tan Sri Nazir Razak said it is an opportunity for ASEAN to demonstrate and further cement unity and resilience and together turbo-charge economic integration of the bloc.
3m ago
KUALA LUMPUR, April 8 (Bernama) -- CGS International Securities Malaysia Sdn Bhd (CGS MY) aims to register 10,000 users for its newly-launched fractional share trading platform, UP, which serves as Malaysia's first fractional trading platform on Bursa Malaysia encouraging young and low-income individuals to invest in the capital market.
3m ago
By Muhammad Faiz Baharin
KUALA LUMPUR, April 8 (Bernama) -- Bank Negara Malaysia (BNM) and the National Bank of Cambodia have launched the second phase of Cross-Border QR Payment, which will enable consumers and merchants in both countries to make and receive instant payments from participating financial institutions.
3m ago
KUALA LUMPUR, April 8 (Bernama) -- In an effort to strengthen ASEAN cooperation, Malaysia is committed to developing its border areas such as in the northern peninsula with Thailand, and the Sabah and Sarawak border with Kalimantan, which will promote economic activities and benefit people on both sides of the border.
3m ago
KUALA LUMPUR, April 8 (Bernama) -- Datuk Seri Anwar Ibrahim has cautioned that the trajectory of artificial intelligence is advancing at lightning speed and if this asymmetrical digital progress is left unchecked, it risks deepening existing divides and fostering inequality.
3m ago
By M.Saraswathi and Zufazlin Baharuddin
KUALA LUMPUR, April 8 (Bernama) -- Putrajaya will be despatching its officials to Washington to begin the process of dialogue with the United States on the 24 per cent reciprocal tariffs imposed on Malaysia, Prime Minister, Datuk Seri Anwar Ibrahim said today.