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Economic

Discussions On Sarawak-Singapore Undersea Cable To Be Finalised Soon -- Abang Johari

SINGAPORE, Feb 10 (Bernama) -- The construction method for the 1,000-megawatt (MW) undersea electricity transmission project from Sarawak to Singapore is expected to be finalised in the first quarter of this year, according to Sarawak Premier Tan Sri Abang Johari Tun Openg.

MATA, Guilin Travel Agent Association Form Strategic Partnership To Boost Tourism

KUALA LUMPUR, Feb 10 (Bernama) -- The Malaysia Tourism Agency Association (MATA) and the Guilin Travel Agent Association have signed a Memorandum of Understanding (MoU) to strengthen tourism collaboration between Malaysia and China.

Maybank Ranked Among World's 500 Most Valuable Brands

KUALA LUMPUR, Feb 10 (Bernama) -- Malayan Banking Bhd (Maybank) has once again joined the world’s 500 most valuable brands with a new ranking of 472.

Turkiye Aims To Double Trade With Malaysia To US$10 Bln As Economic Ties Deepen

PUTRAJAYA, Feb 10 (Bernama) -- Turkiye aims to double its trade with Malaysia to US$10 billion after surpassing the US$5 billion mark in 2024, President Recep Tayyip Erdogan announced today.

Turkiye To Strengthen Ties With Malaysia Through Technological Cooperation, Joint Production - Erdogan

PUTRAJAYA, Feb 10 (Bernama) -- Turkiye aims to strengthen relations with Malaysia by focusing on technological cooperation and joint production, said President Recep Tayyip Erdogan.

Keyfield International Secures RM56 Mln Work Orders From Petronas Carigali

KUALA LUMPUR, Feb 10 (Bernama) -- Keyfield International Bhd’s wholly owned subsidiary, Keyfield Offshore Sdn Bhd, has accepted a work order award (WOA) in December 2024 and a work order extension (WOE) in November 2024, issued by Petronas Carigali Sdn Bhd.

Pantech Global Not Expected To Be Affected By US Tariffs On Steel, Aluminium

KUALA LUMPUR, Feb 10 (Bernama) -- Pantech Global Bhd is not expected to be affected by US President Donald Trump’s plan to impose a 25 per cent tariff on all steel and aluminium imports.

Labour Demand Up 70.4 Pct, Unemployment Rate Down 3.3 Pct In 2024 - DOSM

PUTRAJAYA, Feb 10 (Bernama) -- The labour force participation rate (LFPR) in 2024 increased to 70.4 per cent compared to 70 per cent the previous year, according to Labour Force Statistics, Malaysia, December and fourth quarter 2024.

Bursa Malaysia Pares Loss As Banking And Telecom Stocks Recover

KUALA LUMPUR, Feb 10 (Bernama) -- Bursa Malaysia pared losses mid-afternoon as telecom and banking counters continued their mild recovery.

Malaysia Continues To Attract Foreign Investment Due To Clear Policies -- PM Anwar

KUALA LUMPUR, Feb 10 (Bernama) -- The Malaysian government’s meeting with United Kingdom (UK)-based technology company Arm Ltd today proves that clear policies such as the National Semiconductor Strategy, along with the country’s other advantages, continue to make Malaysia a prime destination for foreign investment, said Prime Minister Datuk Seri Anwar Ibrahim.

Palm Oil Exports Slip 12.94 Pct To 1.17 Mln Tonnes In January - MPOB

KUALA LUMPUR, Feb 10 (Bernama) -- Malaysia’s palm oil exports in January 2025 slipped 12.94 per cent to 1.17 million tonnes from 1.34 million tonnes in December 2024, according to the Malaysian Palm Oil Board (MPOB).

SME Bank Approves RM3.6 Bln Funding In FY2024

KUALA LUMPUR, Feb 10 (Bernama) -- Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) has facilitated about RM3.6 billion in approved financing for the 2024 (FY2024) financial year, a 35.1 per cent increase from a year ago.