LATEST NEWS   Malaysia’s ASEAN chairmanship is at a pivotal point with Trump 2.0, geopolitical and geo-economic tensions disrupting sustainable growth -- Tengku Zafrul | The 31st AEM Retreat is a crucial platform for fostering collaboration and dialogue among ASEAN economic ministers -- Tengku Zafrul | Malaysia, as ASEAN chair in 2025, is strongly advocating for the accession of Timor-Leste into ASEAN -- Tengku Zafrul | Self-regulation concept in Malaysian Media Council Bill 2024 to be indicator of healthy media industry - Fahmi | KPKM instructed to immediately implement five-season padi cultivation in the Muda area within two years - PM Anwar | 

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Hap Seng Consolidated Net Profit Falls 19 Pct To RM650.48 Mln In FY2024

KUALA LUMPUR, Feb 28 (Bernama) -- Hap Seng Consolidated Bhd’s net profit fell 19 per cent to RM650.48 million in the financial year ended Dec 31, 2024 (FY2024), compared with RM800.32 million in FY2023, due to a gain from the disposal of subsidiaries in the preceding year.

Malaysia Optimistic ATIGA Upgrade Can Be Finalised By March 2025 - Tengku Zafrul

KOTA TINGGI, Feb 27 (Bernama) -- Minister of Investment, Trade and Industry (MITI) Tengku Datuk Seri Zafrul Abdul Aziz is optimistic that negotiations on upgrading the ASEAN Trade in Goods Agreement (ATIGA) can be concluded in March, following positive developments resulting from discussions with ASEAN regional partners yesterday.

Malaysia’s PPI Rises 0.8 Per Cent In January 2025 - DOSM

KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia’s Producer Price Index (PPI), which measures price changes at the producer level, rose by 0.8 per cent year-on-year in January 2025, extending the 0.5 per cent increase recorded in December 2024, said the Department of Statistics Malaysia (DOSM).

Extended Producer Responsibility Concept, Market-based Recycling Among Highlights In ASEAN Media Workshop

JAKARTA, Feb 27 (Bernama) -- The implementation of extended producer responsibility (EPR) and market-based recycling system in ASEAN were among the key highlights raised at the Southeast Asia environmental workshop for media practitioners held here. 

Thai Central Bank Lowers Key Policy Rate To 2 Pct Amid Economic Slowdown

BANGKOK, Feb 26 (Bernama) -- The Bank of Thailand’s (BOT) Monetary Policy Committee (MPC) has voted to cut the policy rate by 0.25 percentage points, bringing it down from 2.25 per cent to 2.00 per cent, effective immediately, in a bid to stimulate economic growth.

Gambus Replica, Kain Benang Johor Presented As Souvenirs For ASEAN Delegates

JOHOR BAHRU, Feb 26 (Bernama) -- Delegates at the 31st ASEAN Economic Ministers’ Retreat (AEM), in Desaru, Kota Tinggi, will receive exclusive souvenirs featuring a replica of gambus, a traditional musical instrument, and Kain Benang Johor fabric.

ICW, BuildXpo 2025 Aims To Reach RM700 Mln In Sales This Year

KUALA LUMPUR, Feb 26 (Bernama) -- Following a successful year generating RM654 million in sales, the International Construction Week (ICW) and the Malaysia International Building and Construction Industry Exhibition (BuildXpo) 2025 aim to achieve a projected sales target of at least RM700 million this year.

Nippon Kinzoku To Launch New Service In April, Fostering Customer Partnerships

KUALA LUMPUR, Feb 26 (Bernama) -- Nippon Kinzoku Co Ltd will open a "Trial Products & Consignment Processing Support Desk" service on April 1, with the aim of creating new partnerships with customers.

Petronas Waiting For Details On Cooperation With Petros

KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) said it is waiting for the details of discussions between the federal government and Sarawak state government on the scope of cooperation between the national oil firm and Petroleum Sarawak Bhd (Petros).

18 PEDs Endorsement, AEC Plan Review Among 31st AEM Highlights – MITI

By Norsyafawati Ab Wahab and Mohd Khairi Idham Amran

KOTA TINGGI, Feb 25 (Bernama) -- The 31st ASEAN Economic Ministers (AEM) Retreat, set for Friday in Desaru, is expected to see all member states endorsing the 18 Priority Economic Deliverables (PEDs) and reviewing progress on the ASEAN Economic Community (AEC) Strategic Plan 2026-2030.  

Seven States Surpass Nation's Manufacturing Industry Capacity Utilisation Of 81.9 Pct In 4Q 2024 - DOSM

KUALA LUMPUR, Feb 25 (Bernama)  -- Seven states surpassed the nation’s manufacturing industry  capacity utilisation of 81.9 per cent in the fourth quarter of 2024 (4Q 2023: 79.9 per cent) with the first three states being Labuan at 97.9 per, followed by Johor (84.8 per cent) and Pahang (84.6 per cent).

Malaysia’s Oil Palm Replanting Lags Target, Govt Steps Up Efforts -- Johari

KUALA LUMPUR, Feb 25 (Bernama) -- The progress in replanting oil palm trees is still lagging, with Malaysia managing to replant 114,000 hectares, or 2.0 per cent of its total planted area in 2024, down from 132,000 hectares (2.3 per cent) in 2023.