Malaysia’s Halal Exports To Algeria Surge 24 Pct To RM156.3 Mln In 2024

KUALA LUMPUR, May 22 (Bernama) -- Malaysia’s halal exports to Algeria surged by 24 per cent to RM156.3 million in 2024, with shipments that included food and beverage, cosmetics, halal-certified ingredients, and palm oil derivatives.

ASEAN Summit To Potentially Unlock RM300 Bln FDIs For Malaysia - Juwai IQI

KUALA LUMPUR, May 22 (Bernama) -- The ASEAN Summit will be a platform to integrate regional economies and promote trade through potential agreements with an estimated RM300 billion in foreign direct investment (FDI) in the next five years, according to Juwai IQI.

US Tariffs: Anwar Urges Reforms, Closer ASEAN And Partner Ties

PUTRAJAYA, May 21 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Malaysia is prioritising domestic economic reforms before expanding partnerships through ASEAN, key regional players such as China, India and Pakistan, and strengthening ties with the European Union (EU) to address the impact of the United States’ (US) tariff policy changes.

Petronas To Continue Its Function, Activities In Line With Petroleum Development Act 1974

PUTRAJAYA, May 21 (Bernama) -- Petroliam Nasional Bhd (Petronas) will continue to fulfil its function, activities, responsibilities and obligations as mandated under the Petroleum Development Act 1974 (PDA 1974) and related regulations.

MITI To Unveil New Incentives To Boost Malaysia's Semiconductor Industry - Tengku Zafrul

SINGAPORE, May 21 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is creating targeted incentives aimed at further boosting the growth of the local semiconductor industry, said its Minister, Tengku Datuk Seri Zafrul Abdul Aziz.

China Backs ASEAN-GCC-China Summit, Sees Malaysia As Key Regional Partner

By Kisho Kumari Sucedaram

BEIJING, May 21 (Bernama) -- China has expressed strong support for the upcoming ASEAN-GCC-China Summit, underscoring the importance of enhanced cooperation among Southeast Asia, the oil-ric

Ringgit Opens Higher Against Greenback On Weaker US Economic Outlook, Tariff Concerns

By Danni Haizal Danial Donald

KUALA LUMPUR, May 21 (Bernama) -- The ringgit opened stronger against the US dollar on Wednesday as the greenback weakened on a softer United States (US) economic outlook amid tariff concerns, an analyst said.

MITI Works Hard To Attract More High-quality Investments - Tengku Zafrul

KUALA LUMPUR, May 20 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is working hard to attract more high-quality investments, especially in strategic sectors such as electrical and electronics (E&E), said its Minister, Tengku Datuk Seri Zafrul Abdul Aziz.

Ringgit Closes Lower Against Greenback Despite Weaker US Dollar Index

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 20 (Bernama) -- The ringgit retreated against the greenback on Tuesday despite the weaker US dollar index (DXY) and lower US Treasury yields after the recent downgrade of the credit rating of the United States by Moody’s Ratings.

RHB Bank Cautious About Malaysia’s Export Outlook Despite April Surge

KUALA LUMPUR, May 20 (Bernama) -- RHB Bank Bhd has maintained a cautious outlook on Malaysia’s export performance despite a surge in April exports, citing persistent global uncertainties and potential risks from United States (US) tariff policy developments.

Malaysia's Trade Performance Registers 18.2 Pct Y-O-Y Growth To RM261.94 Bln - MITI 

KUALA LUMPUR, May 20 (Bernama) -- Malaysia’s trade performance sustained its positive trajectory in April 2025, rising 18.2 per cent year-on-year (y-o-y) to RM261.94 billion, said the Investment, Trade and Industry Ministry (MITI).

MPOC Sees CPO Remaining At RM3,750 To RM4,050 Range In May Before Gradual Recovery

KUALA LUMPUR, May 20 (Bernama) -- Crude palm oil (CPO) prices are expected to remain in the range of RM3,750 to RM4,050 per tonne in May before gradually recovering, according to the Malaysian Palm Oil Council (MPOC).