1m ago
By Mikhail Raj Abdullah & Karina Imran
KUALA LUMPUR, July 22 (Bernama) – Sales from the ongoing Food and Drinks Malaysia (FDM) exhibition here are set to exceed last year’s figure of US$265 million or RM1.081 billion, despite challenges such as supply chain impediments and rising costs.
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KUALA LUMPUR, July 22 (Bernama) -- Crude palm oil (CPO) prices are expected to trade between RM4,400 and RM4,650 per tonne in August, supported by Indonesia’s B50 biodiesel implementation from July, firmer energy markets and improved biodiesel economics.
1m ago
By Siti Noor Afera Abu
KUALA LUMPUR, July 22 (Bernama) -- The proposed Malaysia-Thailand border economic zone (BEZ) could significantly strengthen bilateral trade and regional economic development, with improved border infrastructure expected to lower logistics costs, enhance supply chain efficiency and attract more investments, an economist said.
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IPOH, July 21 (Bernama) -- Global economic growth could slow to near zero over the next century as rising trade barriers, intensifying geopolitical competition and supply chain disruptions reshape the global economy, Economic Adviser to the Prime Minister's Office Nurhisham Hussein said.
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KUALA LUMPUR, July 21 (Bernama) -- Trade relations between Malaysia and Russia continue to grow positively amidst disruptions to global supply chains caused by the geopolitical situation in the Middle East.
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KUALA LUMPUR, July 21 (Bernama) -- The Sabah Southern MADANI Link (SSML) project by the Sabah state government is a strategic investment that strengthens the stability and security of the state’s electricity supply, according to the Ministry of Energy Transition and Water Transformation (PETRA).
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KLANG, July 21 (Bernama) -- Yayasan Hijrah Selangor (Hijrah Selangor) has shortened the approval period for microfinancing of up to RM10,000 to 48 hours from the previous 14 to 21 days.
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KUALA LUMPUR, July 21 (Bernama) -- About 74 per cent of Malaysians use artificial intelligence (AI) to support their shopping, but 52 per cent remain uncomfortable allowing the technology to complete purchases on their behalf, according to a survey published by financial technology (fintech) platform Adyen.
1m ago
By M. Saraswathi & Karina Imran
KUALA LUMPUR, July 21 (Bernama) -- Bank Negara Malaysia (BNM) will continue its efforts to promote two-way flows and deepen Malaysia’s onshore financial market through the measured liberalisation of its foreign exchange policy (FEP) framework, while safeguarding Malaysia’s financial and macroeconomic stability.
1m ago
By Siti Radziah Hamzah & Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, July 21 (Bernama) -- The ringgit opened flat against the US dollar but mostly higher against other major currencies on Tuesday, supported by Malaysia’s strong economic data, which helped cushion the impact of heightened global market volatility.
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KUALA LUMPUR, July 20 (Bernama) -- Savings generated from the targeted RON95 petrol subsidy mechanism are not being retained solely as a fiscal surplus, the Ministry of Finance (MOF) said.
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KUALA LUMPUR, July 20 (Bernama) -- BYD Sime Motors has launched BYD Certified, the Chinese electric vehicle (EV) maker's official certified pre-owned vehicle programme, marking the establishment of the first BYD Certified outlet in the Asia Pacific region.