KUALA LUMPUR, Nov 11 — Malaysia has a great potential in the downstream rare earth elements (REE) industry as a super magnet producer, particularly to support the growth of the electric vehicle (EV) manufacturing industry, the Dewan Rakyat was told today.

CAIRO, Nov 11 — Prime Minister Datuk Seri Anwar Ibrahim said the Muslim world could be left further behind without decisive and sustained investment in science, technology, engineering, and mathematics (STEM) education.

KUALA LUMPUR, Nov 11 — The construction sector sustains its momentum with positive growth of 22.9 per cent, reaching RM41.1 billion in the third quarter (3Q) of 2024, compared with a 20.2 per cent increase, amounting to RM38.9 billion in 2Q.

KUALA LUMPUR, Nov 11 — The National Artificial Intelligence Office (NAIO), which will be launched next month, will study the need to upgrade existing laws or enact new ones to regulate artificial intelligence (AI) and other new technologies.

KUALA LUMPUR, Nov 11 — The government aims to reduce the fiscal deficit to three per cent in the medium term, as outlined in the Madani Economy framework and the Public Finance and Fiscal Responsibility Act 2023 (Act 850).

KUALA LUMPUR, Nov 11 — The ringgit was traded easier against the US dollar at today’s opening, with demand for the greenback improving on the back of global political and economic uncertainties, an economist said.

CAIRO, Nov 10 — Malaysia and Egypt have agreed to work towards elevating bilateral relations to the level of strategic partnership in the near future, said Prime Minister Datuk Seri Anwar Ibrahim.

KUCHING, Nov 10 — U Mobile Sdn Bhd has completed 78 out of 81 towers assigned to them under the National Digital Network Plan (Jendela), said Communications Minister Fahmi Fadzil.

CAIRO, Nov 10 — Prime Minister Datuk Seri Anwar Ibrahim arrived in Egypt today for a four-day official visit at the invitation of President Abdel Fattah El-Sisi.

KUALA LUMPUR, Nov 9 — The ringgit is expected to trade higher against the US dollar as the interest rate differential seems to favour the ringgit.

KUALA LUMPUR, Nov 8 — The ringgit closed stronger against the US dollar today, driven by broad market optimism.

KUALA LUMPUR, Nov 8 — Malaysia’s Industrial Production Index (IPI) growth moderated to 2.3 per cent year-on-year (y-o-y) in September from a 4.1 per cent y-o-y growth in August, dragged by weaker production in the manufacturing and electricity sectors, according to the Department of Statistics (DOSM).

KUALA LUMPUR, Nov 8 — The manufacturing sector’s sales value for September 2024 reached RM162.3 billion, reflecting a 2.9 per cent increase year-on-year (y-o-y), according to the Statistics Department (DOSM).

KUALA LUMPUR, Nov 8 — The ringgit opened at the 4.38 level against the US dollar on Friday after the United States Federal Reserve (Fed) cut interest rates by 25 basis points (bps) during its Federal Open Market Committee (FOMC) meeting last night.

KUALA LUMPUR, Nov 7 — The ringgit continued its downward momentum against the US dollar on Thursday, albeit marginally, weighed by a decline in Malaysia's international reserves.

KUALA LUMPUR, Nov 7 — An increase in investment inflows, improved tax collection relative to the gross domestic product (GDP), and a narrower fiscal deficit are positive catalysts expected to drive Malaysia's economy to grow between 5.0 per cent and 5.5 per cent in 2024 and 2025.

KUALA LUMPUR, Nov 7 — Services sector revenue in Malaysia grew by 5.9 per cent year-on-year (y-o-y) in the third quarter of 2024 (3Q 2024), reaching RM618.5 billion, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Nov 7 — Communications Minister Fahmi Fadzil said he and his deputy were not involved in choosing U Mobile Sdn Bhd as the mobile network operator (MNO) for  the country’s second 5G network.

Dewan Rakyat sitting today to cover U Mobile 5G network licence  KUALA LUMPUR, Nov 7 — An explanation on the award of the second 5G network licence to U Mobile Sdn Bhd will be among the highlights of the Dewan Rakyat session today. According to the Order Paper on the Parliament website, the...

KUALA LUMPUR, Nov 7 — The ringgit opened slightly higher against the greenback, while the US Dollar Index rose to 105.009 points, a 1.5 per cent increase from yesterday’s close.