Ringgit Ends Higher On Improved Sentiment Towards Emerging Market Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, July 1 (Bernama) -- The ringgit closed higher against the US dollar today, supported by improved sentiment towards emerging market currencies amid a weaker greenback.

MITI Supports Young Entrepreneurs Through DEFA, ASEAN SME Academy

KUALA LUMPUR, June 28 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is actively creating more space for young entrepreneurs to thrive, in line with Malaysia’s role as ASEAN chair, said Minister Tengku Datuk Seri Zafrul Abdul Aziz.

AEM Meeting In July To Fast-track ASEAN DEFA

KUALA LUMPUR, June 12 (Bernama) – Malaysia will convene a special ASEAN Economic Ministerial (AEM) meeting in Bangkok at the end of July to accelerate progress on the Digital Economy Framework Agreement (DEFA).

Snowflake Can Play An Important Part In ASEAN's DEFA

From Nor Baizura Basri

SAN FRANCISCO, June 4 (Bernama) -- US-based cloud company Snowflake said it could play an important part in the ASEAN Digital Economy Framework Agreement (DEFA) as the bloc’s member countries aim to conclude the negotiations by the end of this year.

AEC Strategic Plan To Enhance Region’s Digital Economy, Projected To Reach US$1 Trillion By 2030 - Economist

By Danni Haizal Danial Donald

KUALA LUMPUR, May 28 (Bernama) -- The impact of enhancing the digital economy via the ASEAN Economic Community (AEC) Strategic Plan 2026-2030 will be immense because the region’s digital economy is projected to reach US$1 trillion by 2030, an economist said.

ASEAN Must Unlock Geo-Economic Potential To Narrow GDP Gap With Global Blocs - NCCIM

By V. Sankara

KUALA LUMPUR, May 26 (Bernama) -- ASEAN must capitalise on strategic initiatives such as the ASEAN Geo-economics Task Force and the Digital Economy Framework Agreement (DEFA) to narrow its economic gap with major global blocs like the European Union. 

No Decision Yet On EUDR Low Risk Status For Malaysian Palm Oil, Benchmarking Ongoing – Envoy

KUALA LUMPUR, May 16 (Bernama) -- The European Union (EU) has yet to determine whether Malaysia will be classified as a low risk country under its upcoming country benchmarking system for the EU Deforestation Regulation (EUDR), said EU Ambassador to Malaysia Rafael Daerr.

ASEAN, APEC Can Align Digitalisation Efforts To Boost Trade - Tengku Zafrul

From Muhammad Muzammil Abdullah

JEJU, May 15 (Bernama) -- ASEAN countries and Asia-Pacific Economic Cooperation (APEC) economies could pursue convergence in digitalisation initiatives to boost trade, investment, and transaction growth.

Aucnet Acquires SG e-Auction To Bolster Luxury Resale Business In ASEAN, Oceania

KUALA LUMPUR, May 15 (Bernama) -- Aucnet Inc (Aucnet), a Tokyo-based circular market design company, has announced the full acquisition of its Singapore joint venture, SG e-Auction Pte Ltd (SG e-Auction), as part of its strategic push to expand its global resale network in ASEAN and Oceania.

Malaysia Positioned To Lead ASEAN In Cybersecurity, Says Kaspersky

From C Vinoothene

SINGAPORE, April 24 (Bernama) -- Malaysia ranks highly in cybersecurity readiness within ASEAN, according to global cybersecurity firm Kaspersky.

Malaysia Committed To Drive DEFA Implementation As ASEAN Chair - Gobind

By Lucia Terey John

KUALA LUMPUR, April  17 (Bernama) -- Malaysia, as this year’s ASEAN chair, is committed to ensuring that the Digital Economy Framework Agreement (DEFA) can be implemented in the near future, said Digital Minister Gobind Singh Deo.

Macro Solvency Stress Test Reaffirms Banks’ Resilience In Face Of Severe Shocks

KUALA LUMPUR, March 24 (Bernama) -- Solvency and liquidity stress test exercises have re-affirmed that banks in the country remain highly resilient even in the face of severe macroeconomic, financial, and liquidity shocks.