KUALA LUMPUR, Feb 7 — Malaysia has initiated an anti-dumping probe on galvanised steel coils/sheets exported from China, South Korea and Vietnam, according to the Investment, Trade and Industry Ministry (Miti).

TANJUNG MALIM, Feb 7 — Proton Holdings Bhd has begun constructing a new electric vehicle (EV) manufacturing plant at its hi-tech facility here today.

KUALA LUMPUR, Feb 7 — The Industrial Production Index (IPI) increased by 4.6 per cent year-on-year in December, driven by expansion across all sectors, according to the Statistics Department (DOSM).

KUALA LUMPUR, Feb 7 — Bursa Malaysia opened lower today on mild profit-taking in selected heavyweights led by SD Guthrie and Tenaga Nasional, analysts said.

KUALA LUMPUR, Feb 7 — The finalised sales and service tax (SST) scope of expansion and the review of the SST rates will be gazetted through subsidiary legislation in the first quarter (Q1) of 2025 after the engagement process is completed to allow sufficient preparation before enforcement of the changes.

KUALA LUMPUR, Feb 7 — The ringgit opened slightly higher against the US dollar at opening trade as the US Federal Reserve (Fed) does not seem inclined to reduce rates in the near term, said an analyst.

KUALA LUMPUR, Feb 6 — Over 450 high-skilled artificial intelligence (AI) engineering jobs will be created in Malaysia through the collaboration between the National AI Office (NAIO) and Global AI Village (GAIV).

KUALA LUMPUR, Feb 6 — The Malaysian Competition Commission (MyCC) is investigating 13 cases of alleged bid-rigging cartels involving 561 enterprises, with a value of up to RM2.3 billion, the Dewan Rakyat was told today.

KUALA LUMPUR, Feb 6 — The risk of negative impact on semiconductor exports to the United States amid the implementation of tariffs by President Donald Trump is minimal for the time being, said the Investment, Trade and Industry Ministry (Miti).

KUALA LUMPUR, Feb 6 — The Corporate Renewable Energy Supply Scheme (CRESS) allows renewable energy (RE) generators and green electricity consumers to access the electricity supply grid, thus giving consumers more choices to obtain green energy.

KUALA LUMPUR, Feb 6 — Bursa Malaysia continued its positive performance at the opening today, with buying led by the industrial products and construction counters, analysts said.

KUALA LUMPUR, Feb 6 — Asean Economic Ministers (AEM) are set to endorse 18 Priority Economic Deliverables (PEDs) at the upcoming AEM’s Retreat in Johor at the end of February, aiming to drive regional economic integration, inclusivity, sustainability and digital trade.

KUALA LUMPUR, Feb 6 — The ringgit opened stronger against the US dollar after the United States (US) reported weaker economic data, suggesting that the case for rate cuts by the US Federal Reserve (Fed) and the prospects for a reduction in the Fed Fund Rate remain intact, an analyst said.

KUALA LUMPUR, Feb 5 — Two key environmental meetings will be held as part of Malaysia’s Asean chairmanship this year, said Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad.

KUALA LUMPUR, Feb 5 — Subsidiaries of the National Farmers’ Organisation (Nafas) will be restructured through a merger process to enhance operational efficiency and reduce costs, the Dewan Rakyat was told today.

KUALA LUMPUR, Feb 5 — Malaysia is on track to meet its 2025 gross domestic product (GDP) growth target despite risks posed by tariff wars, said Economy Minister Datuk Seri Rafizi Ramli.

KUALA LUMPUR, Feb 5 — The Communications Ministry will focus on improving 4G stability in areas with poor internet coverage via the multi-operator core network (MOCN), the Dewan Rakyat was told today.

KUALA LUMPUR, Feb 5 — Bursa Malaysia opened slightly higher today supported by buying interest in selected bluechip utilities and construction counters, analysts said.

KUALA LUMPUR, Feb 5 — The ringgit opened higher against the US dollar at today’s opening as the US Dollar Index (DXY) fell further with the US labour market indicating a weaker outlook, an analyst said.

KUALA LUMPUR, Feb 4 — Malaysia must shift to high-value products like oleochemicals and biodiesel rather than just relying on crude palm oil (CPO) exports without a solid value-added strategy, said Paya Besar MP Datuk Mohd Shahar Abdullah.