KUALA LUMPUR, Oct 8 — Malaysia said today it hopes European lawmakers will be more accommodating on sustainable policies, following a proposal by the European Commission last week to delay the implementation of a law that would ban imports of products linked to deforestation.

KUALA LUMPUR, Oct 8 — The government has announced support for local oil palm smallholders to help them meet the new European Union Deforestation Regulation (EUDR) deadline, which has been extended to December 30, 2025.

KUALA LUMPUR, Oct 8 — Cisco, a global technology company, has signed collaboration agreements with Telekom Malaysia Bhd (TM) and Permodalan Nasional Bhd (PNB) under its Country Digital Acceleration (CDA) programme, aiming to drive artificial intelligence (AI) innovation in Malaysia.

KUALA LUMPUR, Oct 8 — The World Bank Group has upgraded Malaysia’s economic growth forecast to 4.9 per cent in 2024 from its initial 4.3 per cent forecast set in April, said Apurva Sanghi, its lead economist for Malaysia.

KUALA LUMPUR, Oct 8 — Malaysia has achieved significant success in energy efficiency, described as the first fuel of energy transition efforts, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

KUALA LUMPUR, Oct 8 — Bank Negara Malaysia is likely to keep the overnight policy rate (OPR) unchanged for the next 12 to 15 months, with inflation pressures subdued and the economic outlook stable, said Kenanga Investment Bank Bhd.

KUALA LUMPUR, Oct 8 — The ringgit opened higher against the US dollar this morning, supported by the firmer Brent crude oil prices which surpassed US$80 per barrel.

KUALA LUMPUR, Oct 7 — Prime Minister Datuk Seri Anwar Ibrahim said Malaysia will voice its views on global issues strongly and without fear or favour if and when it joins the Brics group of emerging economies whose founding members include Russia and China.

KUALA LUMPUR, Oct 7 — Prime Minister Datuk Seri Anwar Ibrahim expressed optimism about Budget 2025 after signing documents at the Finance Ministry today, saying it would boost the economic framework and promote equitable distribution.

SEPANG, Oct 7 — The government is optimistic that China will increase the number of participants in the Malaysia-China Youth TVET Training Programme (MCYTT) next year, based on the good relationship between Prime Minister Datuk Seri Anwar Ibrahim and China’s top leaders.

KUALA LUMPUR, Oct 7 — The ringgit ended lower against the US dollar, mirroring the trend of other Asian currencies, after stronger-than-expected United States September nonfarm payrolls (NFP) data suggested Washington’s economy is avoiding a recession and is on course for a soft landing, an analyst said.

KUALA LUMPUR, Oct 7 — The Malaysian Palm Oil Council (MPOC) has commended the European Commission’s (EC) decision to delay the implementation of the European Union Deforestation Regulation (EUDR) until December 30, 2025.

BALING, Oct 7 — The Malaysian Rubber Board (MRB) launched the Malaysian Sustainable Natural Rubber (MSNR) initiative today, aimed at ensuring the national industry meets global standards, in line with the United Nations Sustainable Development Goals 2030.

VIENTIANE, Oct 7 — Malaysia has emphasised three key strategies to strengthen Asean’s economic resilience, as global expansion is projected to be subdued, affected by ambiguity in inflation, heightened geopolitical tensions and increasing geo-economic fragmentation.

KUALA LUMPUR, Oct 7 — Government-owned entities, which are “typically criticised” for “crowding out” private players, have a responsibility to “crowd in” private players and other stakeholders, said Khazanah Nasional Bhd managing director Datuk Amirul Feisal Wan Zahir.

KUALA LUMPUR, Oct 7 — Civil servants are looking forward to the new Public Service Remuneration System (SSPA) that Prime Minister Datuk Seri Anwar Ibrahim will announce during the tabling of Budget 2025.

KUALA LUMPUR, Oct 7 — The ringgit opened marginally higher on Monday amid weak sentiment as traders reassessed their stance on the United States Federal Reserve (US Fed) possibly taking more time to reduce interest rates.

KUALA LUMPUR, Oct 5 — The ringgit has yet to reach its fair value despite its recent rise against the US dollar and emerging as Southeast Asia’s best-performing currency, said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, Oct 5 — The ringgit is expected to linger around at 4.21 to 4.22 against the US dollar next week but with an upside bias for the greenback after Friday’s US non-farm payrolls (NFP) unexpectedly rose sharply by 254,000 jobs in September.

DHAKA, Oct 4 — Malaysia will give major consideration to the applications of Bangladeshi workers who lost the opportunity due to political developments in their country, said Prime Minister Datuk Seri Anwar Ibrahim.