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Economy

Lower Inflation Does Not Mean Lower Cost Of Living, CPI Only Tells Part Of Story

KUALA LUMPUR, Nov 9 (Bernama) -- While Malaysia’s inflation rate has moderated, the easing trend does not necessarily translate into a lower cost of living for households, highlighting the difference between changes in consumer prices and the actual affordability of everyday necessities.

Govt Interventions, Public Cooperation Key To Cushioning Fuel Price, Inflation Pressures

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 9 (Bernama) -- Government interventions to cushion the impact of rising global fuel prices must be complemented by public cooperation in managing fuel consumption to minimise inflationary pressures and protect household finances.

Malaysia To Propose US$500 Bln D-8 Trade Target To Cabinet - Ahmad Zahid

From Siti Nurhana Sharifah Mat Nazir

ISTANBUL, Nov 8 (Bernama) -- Malaysia will deliberate on the Developing Eight (D-8) Organisation for Economic Cooperation’s target to raise intra-member trade to over US$500 billion by 2030 before the matter is brought to the Cabinet.

From Motorcycle To Stall, Entrepreneur Carries On Father's Traditional Indian Food Legacy

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 8 (Bernama) -- What began as a small side business selling traditional Indian food has now become the main source of livelihood for Thirunavukkarasan Krishnana, 52, who took over the family business after his father suffered a stroke sometime in the 1990s.

Penang Allocates RM4.5 Mln To Boost AI Adoption, Support Tech Startups

GEORGE TOWN, Nov 7 (Bernama) -- The Penang government has allocated RM4.5 million in its 2027 budget to support technology startups, accelerate digitalisation among small and medium enterprises (SMEs) and expand the use of artificial intelligence (AI) across the state's economy.

ECRL Begins Trial Operations, Passenger Services Targeted To Begin On Dec 12

KUALA LUMPUR, Nov 7 (Bernama) – The East Coast Rail Link (ECRL) has commenced its trial operations, marking the final phase of operational readiness for commercial passenger services, which are targeted to begin on Dec 12, 2026.

MITI Imposes Anti-dumping Duties On Flat-rolled Imports From China, Taiwan, Vietnam

KUALA LUMPUR, Nov 7 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) has imposed provisional anti-dumping duties ranging from 4.41 per cent to 35.06 per cent on imports of flat-rolled products from China, Taiwan and Vietnam, effective today.

Bitdeer To Continue Investing In Malaysia, Confident In Madani Govt's Policies -- PM Anwar

KUALA LUMPUR, Nov 6 (Bernama) -- Singapore-headquartered Bitdeer Technologies Group (Bitdeer) has expressed its intention to continue investing in Malaysia due to its confidence in the MADANI Government’s direction and policies on digital transformation.

MISC-led Consortium Offers RM2.50 Per Share To Take Yinson Private In RM4.03 Bln Deal

KUALA LUMPUR, Nov 6 (Bernama) -- A consortium comprising MISC Bhd and Yinson Holdings Bhd’s (YHB) major shareholders Yinson Legacy Sdn Bhd (YLSB) and the Employees Provident Fund (EPF) have proposed to take YHB private in a deal valued at RM4.03 billion.

APB Resources To Dispose Of Menara APB For RM45 Mln

KUALA LUMPUR, Nov 6 (Bernama) -- APB Resources Bhd has proposed to dispose of Menara APB, a 16-storey office building in Shah Alam, Selangor to Darul Ehsan Investment Group Bhd (DEIGB) for RM45 million cash.

Microlink Unit Bags RM59.58 Mln Contract Extension For Immigration Screening System

KUALA LUMPUR, Nov 6 (Bernama) -- Microlink Solutions Bhd’s wholly owned unit Microlink Systems Sdn Bhd has secured a 12-month contract extension worth RM59.58 million for the advance passenger screening (APS) system for Jabatan Imigresen Malaysia, bringing the contract's total value to RM137.92 million.

JETRO Seeks To Expand Market For Japanese Food Products In Johor

KUALA LUMPUR, Nov 6 (Bernama) -- The Japan External Trade Organisation (Jetro) Kuala Lumpur and Embassy of Japan in Malaysia will be holding the B2B Japanese Food Promotion Programme, in Johor, to promote the use of Japanese ingredients among food service operators in the state.