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Economy

Prodezi, Huong Viet Holding Launch US$195 Mln Eco-Industrial Park In Vietnam

KUALA LUMPUR, March 14 (Bernama) -- Prodezi Long An JSC (Prodezi) and Huong Viet Investment Consulting JSC (Huong Viet Holding) have officially begun construction on Long An's first eco-industrial park in Vietnam.

Cargill Showcases Cutting-edge Animal Nutrition, Digital Solutions At VIV Asia 2025 

KUALA LUMPUR, March 14 (Bernama) -- Cargill, a global food and agriculture provider, is strengthening its support for the animal nutrition and health industry by presenting its holistic portfolio of science-based solutions and services at VIV Asia 2025, a premier international exhibition for the livestock industry.

Bursa Malaysia To Close For Nuzul Al-Quran Public Holiday

KUALA LUMPUR, March 14 (Bernama) -- Bursa Malaysia Bhd and its subsidiaries will be closed on Tuesday, March 18, for the Nuzul Al-Quran public holiday, observed in several Malaysian states and federal territories.  

Utilities Sector Outlook Remains Upbeat

KUALA LUMPUR, March 14 (Bernama) -- Malaysia’s utilities sector outlook remains upbeat, particularly as the renewable energy (RE) space has strong growth potential, with several key drivers set to boost its near-term performance.

Reezal Merican’s Term As MATRADE Chairman Extended For Two Years

KUALA LUMPUR, March 14 (Bernama) -- Datuk Seri Reezal Merican Naina Merican will remain chairman of the Malaysia External Trade Development Corporation (MATRADE) for another two years, starting April 18, 2025.  

NGC Energy Eyes Further Expansion Of Solar PV Business In Commercial And Industrial Sectors

By Zufazlin Baharuddin

KUALA LUMPUR, March 13 (Bernama) -- NGC Energy Sdn Bhd plans to further expand its solar photovoltaics (PV) system business in the commercial and industrial sectors this year from residential projects. 

Malaysia Remains Committed To Facilitating New Investment - Tengku Zafrul

KUALA LUMPUR, March 13 (Bernama) -- Malaysia remains committed to facilitating new investments while addressing challenges arising from the geopolitical and geoeconomic landscape, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz. 

InvestKL Secures RM4.08 Bln FDI In 2024, Eyes Cumulative RM50 Bln Target By 2030 - CEO

KUALA LUMPUR, March 13 (Bernama) — InvestKL Corporation secured RM4.08 billion in foreign direct investments in 2024 from 12 leading global companies, said its chief executive officer Datuk Muhammad Azmi Zulkifli.

Ringgit Closes Lower Against Greenback Ahead Of US PPI Data Release

By Danni Haizal Danial Donald

KUALA LUMPUR, March 13 (Bernama) -- The ringgit closed lower against the US dollar ahead of the release of the United States (US) Producer Price Index (PPI) data amid trade war concerns, said an analyst.

TMK Chemical To Buy Land In Singapore For RM48.99 Mln

KUALA LUMPUR, March 13 (Bernama) -- TMK Chemical Bhd’s wholly-owned subsidiary, Chlor-Al Chemical Pte Ltd (CAL), will buy a parcel of land in Singapore from Chin Yuan Metal Pte Ltd (CYM) for S$14.80 million (S$1 = RM3.31).

Malaysians Could Lose Up To RM3.3 Bln Annually In Forex Hidden Fees By 2029 -- Wise

KUALA LUMPUR, March 13 (Bernama) -- Malaysians could lose up to RM3.3 billion annually by 2029 if foreign exchange (forex) hidden fees are left unchecked, according to new research commissioned by Wise.

MATRADE Launches MADANI Digital Trade

KUALA LUMPUR, March 13 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE), in partnership with software developer Nazsoft Tech Sdn Bhd, has launched MADANI Digital Trade (MDT), an integrated virtual showcase to strengthen Malaysian exporters’ access to global markets.