PUTRAJAYA, May 21 — The Malaysian Communications and Multimedia Commission (MCMC) and the Malaysian Investment Development Authority will sign a memorandum of understanding to help micro, small and medium enterprises (MSMEs) adopt 5G for their businesses, Communications Minister Fahmi Fadzil said.

KUALA LUMPUR, May 21 — The Chinese Embassy in Malaysia has released a special music video to mark Malaysia and China’s 50th year since establishing diplomatic relations.

PUTRAJAYA, May 21 — Deputy Prime Minister and Rural and Regional Development Minister Datuk Seri Ahmad Zahid Hamidi will undertake an official visit to China from May 22 to June 1 at the invitation of Vice-Premier Ding Xuexiang.

SERDANG, May 21 — Perodua is making significant strides towards introducing its inaugural electric vehicle (EV) model with the unveiling of its first working prototype, the Myvi Emo-1.

PUTRAJAYA, May 21 — Legal aspects including new acts, grievance mechanism, and financial implications are among the things that need to be taken into account in establishing the framework of the Gig Workers Commission in Malaysia in order to safeguard the welfare of the group.

SIBU, May 21 — The government, via Budget 2024, will continue focusing on empowering micro, small and medium enterprises (MSMEs) to achieve the National Entrepreneurship Policy 2030 objective to make Malaysia an entrepreneurial nation.

KUALA LUMPUR, May 21 — The ringgit breached the RM2.99 level against the Japanese yen last seen in June 2015 in early trade today.

KUALA LUMPUR, May 21 — The ringgit retreated against the US dollar to open lower on Tuesday as the risk mood was dampened by cautious US Federal Reserve officials' comments.

PUTRAJAYA, May 20 — The government has agreed to extend the invalidity scheme to foreign workers, Human Resources Minister Steven Sim Chee Keong said.

PUTRAJAYA, May 20 — The projected ceiling for foreign worker intake, set by the Economy Ministry to not exceed 15 per cent of the national workforce, is expected to be met by December 31, Home Affairs Minister Datuk Seri Saifuddin Nasution Ismail said.

KUALA LUMPUR, May 20 — The ringgit appreciated against the US dollar at the close today due to renewed buying interest, driven by optimism over potential interest rate cuts in the United States, an analyst said.

GEORGE TOWN, May 20 — The Digital Ministry will discuss with the Malaysian Communications and Multimedia Commission a new policy for the 5G private network rollout to encourage industry adoption of the technology.

KUALA LUMPUR, May 20 — Malaysia’s air passenger traffic rose 19.5 per cent year-on-year (y-o-y) to 7.9 million in April 2024 and 8 per cent month-on-month (m-o-m) from March 2024, said the Malaysian Aviation Commission (Mavcom).

KUALA LUMPUR, May 20 — China, which has been Malaysia’s largest trading partner for 15 years, is a vital partner in the development of the telecommunications and digital economy in Malaysia.

KUALA LUMPUR, May 20 — Malaysia’s trade maintained an upward trajectory in April 2024, recording a double-digit growth of 12.1 per cent to RM221.74 billion, compared with April 2023.

KUALA LUMPUR, May 20 — Malaysia's neutral position in the ongoing US-China trade war enables it to capitalise on trade diversions and attract foreign direct investments (FDIs), said Hong Leong Investment Bank Bhd (HLIB).

KUALA LUMPUR, May 20 — Maybank Investment Bank (Maybank IB) has raised its 2024 and 2025 real gross domestic product (GDP) forecasts to 4.7 per cent from 4.4 previously, and 5.1 per cent versus 5.0, respectively, as a result of the better-than-expected first-quarter growth (1Q 2024).

CYBERJAYA, May 20 — Economy Minister Rafizi Ramli today announced the realignment of three bumiputera-mandated agencies under the supervision of the ministry, in line with the Madani government's goal to empower and boost the economic participation of bumiputera in a strategic, sustainable and effective manner.

KUALA LUMPUR, May 20 — The Madani government's success in attracting investments last year, which rose 23 per cent to a historic high of RM329.5 billion, will create thousands of new jobs, including high-skilled jobs, for the people and raise their per capita income in the process.

KUALA LUMPUR, May 20 — Bursa Malaysia continued its uptrend in early trading today despite the mixed Wall Street performance, taking the cue from the positive economic growth in Malaysia, a dealer said.