KUALA LUMPUR, Aug 26 — Petronas said today its unit has initiated proceedings against South Sudan for allegedly blocking a US$1.25 billion (RM5.46 billion) sale of its local assets and instead taking over the business.

BEIJING, Aug 26 — Fresh Malaysian durian will be on sale at selected retail outlets in six China provinces — Beijing, Zhengzhou, Shanghai, Guangzhou, Shenzhen and Nanning — from today.

KUALA LUMPUR, Aug 26 — An industry group including Google, Meta and X has called on the government to pause a plan that will require social media services to apply for a licence, citing a lack of clarity over the proposed regulations.

KUALA LUMPUR, Aug 26 — Prasarana Malaysia Bhd has assured that a cybersecurity incident involving unauthorised access to some of the company’s systems did not disrupt its daily operations.

MIRI, Aug 26 — The Domestic Trade and Cost of Living Ministry (KPDN) will step up cooperation with related agencies to curb leakages of controlled subsidised goods.

PUTRAJAYA, Aug 26 — Malaysia requires approximately 62,000 competent individuals to drive the generation of renewable energy (RE) up to 70 per cent or 56GW in the energy sector by 2050.

KUALA LUMPUR, Aug 26 — Bursa Malaysia opened higher in line with the positive Wall Street performance after US Federal Reserve chair Jerome Powell indicated a shift in rates policy going forward, said an analyst.

KUALA LUMPUR, Aug 26 — The ringgit opened stronger at 4.35 against the US dollar, hitting almost a 28-month high, as the US Federal Reserve (Fed) appeared on track for an interest rate cut, said an analyst.

PUTRAJAYA, Aug 25 — Seven global Indian companies in Malaysia have committed to train and hire at least 5,000 Malaysians, following the signing of a memorandum of understanding between the Malaysia Digital Economy Corporation (MDEC) and the National Association of Software and Service Companies (Nasscom).

NEW DELHI, Aug 25 — Malaysia and India are looking to enhance their economic relationship with an upgraded free trade agreement following Prime Minister Datuk Seri Anwar Ibrahim’s recent visit to New Delhi.

KUALA LUMPUR, Aug 24 — The ringgit is expected to strengthen against the US dollar next week, driven by signals from the US Federal Reserve (US Fed) suggesting potential interest rate cuts in September.

KUALA LUMPUR, Aug 23 — The ringgit remained well-supported against the US dollar, closing the trading week at the 4.37 level.

KUALA LUMPUR, Aug 23 — Malaysian exporters recorded sales of RM12.88 million at the Integrated Electronics and Manufacturing Interconnections (IEMI) 2024 in Bengaluru, India, from July 29 to July 30.

KUALA LUMPUR, Aug 23 — The Leading Index (LI) continued its positive trend by registering a 3.5 per cent growth and reached 113.4 points in June 2024, compared to 109.6 in the same month last year, said the Department of Statistics (DOSM) today.

KUALA LUMPUR, Aug 23 — The latest investments by Amazon Web Services (AWS) underscore that Malaysia has much to offer to foreign businesses that go beyond tax incentives, said an economist.

KUALA LUMPUR, Aug 23 — The ringgit opened marginally higher against the US dollar today, ahead of the US Federal Reserve (Fed) chairman Jerome Powell’s speech later today at the Jackson Hole Symposium.

SHAH ALAM, Aug 22 — Prime Minister Datuk Seri Anwar Ibrahim today called on Bumiputera firms to emulate Permodalan Nasional Bhd (PNB) and Petronas in consistently upholding integrity in company management.

KUALA LUMPUR, Aug 22 — Investment, Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz said the collaboration with electric vehicle (EV) maker Tesla is to make Malaysia the main regional green technology hub.

ALOR SETAR, Aug 22 — The Farmers’ Organisation Authority (LPP) has called on the government to consider extending the diesel subsidy scheme to include agricultural machinery to alleviate the financial burden on farmers.

KUALA LUMPUR, Aug 22 — Malaysia's economic growth may achieve or even surpass the 5.0 per cent target in 2024, according to the Malaysian Institute of Economic Research (MIER).