KUALA LUMPUR, Aug 13 — Malaysia, as a middle power, can play its role in global supply chain security amid the United States-China tensions, particularly via its electrical and electronics and renewable energy (RE) sectors.

KUALA LUMPUR, Aug 13 — The ringgit opened flat against the US dollar today as investors stayed on the sidelines awaiting fresh catalysts, said an analyst.

REMBAU, Aug 12 — The government is making sure the electric vehicle (EV) ecosystem is well planned for the convenience of consumers and to encourage more people to adopt this mode of transport.

KUALA LUMPUR, Aug 12 — The Cabinet has agreed for Malaysia to sign a memorandum of understanding (MOU) on trade and economic cooperation with Palestine, said Investment, Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz.

KUALA LUMPUR, Aug 12 — The Domestic Trade and Cost of Living Ministry (KPDN) has urged eligible individuals to register for fleet cards under the Subsidised Diesel Control System (SKDS) as soon as possible.

PETALING JAYA, Aug 12 — The Digital Ministry plans to formulate a policy on quantum technology to strengthen personal data protection, said Minister Gobind Singh Deo.

KUALA LUMPUR, Aug 12 — The government, through the Science, Technology and Innovation Ministry, has implemented various initiatives to support local startups and foster an environment conducive to their growth, said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, Aug 12 — The Science, Technology and Innovation Ministry (Mosti) is developing the Malaysia Innovation Index to support the need for planning and interventions to improve innovation at the state level.

KUALA LUMPUR, Aug 12 — Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz expressed confidence in Malaysia's ability to withstand a potential recession in the United States (US), citing the nation's recent economic performance as evidence.

KUALA LUMPUR, Aug 12 — Bursa Malaysia opened higher today supported by bargain-hunting activities led by utility counters, analysts said.

KUALA LUMPUR, Aug 12 — The ringgit continued to open on a better note this morning, lifted by resilient sentiment ahead of the release of Malaysia's gross domestic product (GDP) data for the second quarter (2Q) of 2024 this week, said an analyst.

KUALA LUMPUR, Aug 10 — A representative from Tesla’s headquarters in the United States will be meeting with the Ministry of Investment, Trade and Industry (Miti) on August 22 to discuss the corporation’s investment plans in Malaysia.

KUALA LUMPUR, Aug 10 — Bursa Malaysia is expected to trade range-bound with an upside bias next week as investors are believed to be ready to buy the breakout stocks to add to their positions or use leveraged tools to maximise profits, a dealer said.

KUALA LUMPUR, Aug 10 — The ringgit is expected to continue its uptrend against the US dollar next week on the back of positive sentiment ahead of the release of macroeconomic data, an analyst said.

KUALA LUMPUR, Aug 9 — The ringgit ended the week on a stronger note against major currencies, rising 1.11 per cent versus the US dollar today, buoyed by improved sentiment amid a promising outlook.

PUTRAJAYA, Aug 9 — The labour force showed a positive trend in the second quarter (Q2) of 2024, with a 1.1 per cent increase to 17.15 million persons compared to 16.96 million in Q1 of this year.

KUALA LUMPUR, Aug 9 — Malaysia’s Industrial Production Index (IPI) rose by five per cent year-on-year in June 2024, sustaining a positive momentum for six consecutive months, driven by consistent growth in the manufacturing sector, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Aug 9 — Malaysia’s manufacturing sector sales reached RM921.5 billion in the January-June 2024 period, increasing by 3.7 per cent versus the 3.5 per cent growth in the same period a year ago, said the Statistics Department Malaysia (DOSM).

KUALA LUMPUR, Aug 9 — The ringgit opened higher against the US dollar this morning, although the greenback had strengthened following lower-than-expected jobless claims in the United States (US), said an analyst.

PUTRAJAYA, Aug 8 — The Volume Index of Services experienced a robust 6.7 per cent growth in the second quarter (Q2) of 2024, recording 152.2 points, according to Volume Index of Services, Second Quarter 2024, released today by the Department of Statistics Malaysia (DOSM).