FDI Inflows, Overseas Expansion Reflect Malaysia’s Growing Economic Strength – Economists

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s ability to attract strong foreign direct investment (FDI) while domestic companies continue expanding overseas underscores the country’s growing economic strength, competitiveness and investor confidence in the country’s long-term prospects, economists said.

Ringgit Extends Gains On Strong Malaysian Economic Data

By Danni Haizal Danial Donald

KUALA LUMPUR, June 24 (Bernama) -- The ringgit extended its gains to close higher against the US dollar and other major currencies, as well as ASEAN peers, on Wednesday, supported by stronger-than-expected economic data in Malaysia, which boosted investor confidence and market sentiment.

Malaysia Open To Boost Strategic Tie-Up With UAE In High-Potential Economic Sectors Including Petroleum - MITI

KUALA LUMPUR, June 23 (Bernama) -- Malaysia is always open to strengthening strategic cooperation with the United Arab Emirates (UAE) in various high-potential economic sectors including the petroleum and gas, petrochemical and logistics industries to drive trade, investment and the development of high-value industries.

Generali Malaysia, Amanah Raya Launch Gen Sinar For Underserved Families

KUALA LUMPUR, June 23 (Bernama) -- Generali Insurance Malaysia Bhd (Generali Malaysia), in partnership with Amanah Raya Bhd, has launched Gen Sinar, an affordable personal accident insurance plan designed to empower underserved families with financial protection.

AEON Credit Targets 8.0 Pct Loan Growth For FY2027

KUALA LUMPUR, June 23 (Bernama) -- AEON Credit Service (M) Bhd is targeting loan growth of about eight per cent for the financial year ending Feb 28, 2027 (FY2027), driven by revenue expansion, stable asset quality and enhanced operational efficiency.

Anwar's Turkmenistan Visit, Petronas' New Agreements A Boon To Malaysian Companies' Credibility

KUALA LUMPUR, June 22 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s recent visit to Turkmenistan, which saw Petroliam Nasional Bhd (Petronas) cement new agreements after a 30-year presence in the country, should be viewed as more than a diplomatic mission, economists said.

Malaysia To Continue Strengthening Energy Cooperation With Strategic Partners - Akmal Nasrullah

KUALA LUMPUR, June 22 (Bernama) -- Malaysia will continue to strengthen energy cooperation with strategic partners such as Russia and Turkmenistan while ensuring Malaysian companies remain compliant with international obligations and aware of sanctions-related risks, Minister of Economy Akmal Nasrullah Mohd Nasir said.

Mavenir Launches Unified Digital App For ENet

KUALA LUMPUR, June 19 (Bernama) -- Mavenir, the cloud-native network software provider, has launched a unified digital platform for Guyanese telecommunications operator ENet, bringing mobile, broadband, fixed-line and IPTV services into a single application (app).

Selangor Plans To Expand SA500 To Assist Companies Affected By Supply Disruptions

SHAH ALAM, June 19 (Bernama) -- The Selangor state government plans to expand its Selangor Advance (SA500) programme to support the cash flow needs of companies involved in state infrastructure projects, including those undertaken at the district and local authority levels.

Malaysia To 'Seriously' Look Into Expanding Settling Foreign Trade Payments In Local Currencies -- Anwar

KUALA LUMPUR, June 18 (Bernama) -- Malaysia will “seriously” explore using local currencies with trading partners to mitigate volatile foreign exchange risks, Prime Minister Datuk Seri Anwar Ibrahim said.

iFAST Global Bank Launches QR Payment Cashback Promotion

KUALA LUMPUR, June 18 (Bernama) -- iFAST Global Bank is offering a limited-time cashback promotion to encourage the use of its Worldwide Scan & Pay service, rewarding customers with one per cent cashback on eligible QR code payments made locally and overseas.

Agrobank To Establish Trade Facilitation, Payment Settlement Arrangements With Uzbekistan

By Siti Radziah Hamzah

TASHKENT, June 17 (Bernama) --  Agrobank is targeting to establish trade facilitation and payment settlement arrangements linking Malaysia with Uzbekistan and the wider Commonwealth of Independent States (CIS) region by year-end.