SKANDAR PUTERI, Aug 10  — The Investment, Trade and Industry Ministry  and the agencies under it have not yet held a discussion on the proposed investment involving Saudi Aramco in Kemaman, Terengganu.

ISKANDAR PUTERI, Aug 10 — Malaysia’s data centre-related investments has increased exponentially from 2021 to March 2023, with investments totalling RM76 billion, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

KUALA LUMPUR, Aug 10 — Prime Minister Datuk Seri Anwar Ibrahim has directed members of the Cabinet to conduct engagement sessions on Budget 2024 from mid-August to mid-September, said Deputy Finance Minister 1, Datuk Seri Ahmad Maslan.

KUALA LUMPUR, Aug 10 — Malaysia's productivity growth in 2023 is expected to be moderate at 3 percent “amid continuous challenges in domestic and global economies,” said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR, Aug 10 —The ringgit opened almost flat against the US dollar today, ahead of the  United States Consumer Price Index (CPI) data for July set to be released today.

KUALA LUMPUR, Aug 10  — The Economy Ministry should lead the Madani Economy, the latest economic framework in designing the policies and have coordination with the relevant ministries that will implement them.

KUALA LUMPUR, Aug 9 — MIDF Research has maintained its forecast on Malaysia’s retail trade growth at 15.3 per cent in 2023, as domestic demand continues its upbeat momentum.

KUALA LUMPUR, Aug 9 — The ringgit rebounded to close higher against the US dollar today, as improved risk sentiment weighed on the safe haven currency.

KUALA LUMPUR, Aug 9 — The retail prices of RON97, RON95, and diesel will remain unchanged for the August 10 to August 16 period.

BANGI, Aug 9 — The government must institutionalise the Madani Economy initiative immediately so that the implementation of each target and development programme can be realised simultaneously and quickly.

KUALA LUMPUR, Aug 9 (Bernama) -- Bursa Malaysia Bhd has encouraged financial institutions to begin exploring the possibility of listing their Islamic banking subsidiaries despite inadequate syariah-compliant equity instruments in the financial service sector.

KUALA LUMPUR, Aug 9 -- The government should start to have more comprehensive indicators for Tekun Nasional on its impact and output rather than input and the process of the funding initiative, said Putra Business School Associate Professor Dr Ahmed Razman Abdul Latif.

KUALA LUMPUR, Aug 9 — The ringgit opened lower against the US dollar in early trade today as most traders refrained from making significant moves due to the upcoming elections in six states in Malaysia this week.

KUALA LUMPUR, Aug 8 — MIDF Research has maintained Malaysia’s Industrial Production Index (IPI) growth estimate this year at 2.2 per cent versus 6.7 per cent in 2022, as it expects production and overall economic growth to moderate.

KUALA LUMPUR, Aug 8 — Malaysia Productivity Corporation (MPC) today launched a four-week programme to accelerate digital adoption in business, with a focus on micro, small and medium enterprises (MSMEs).

KUALA LUMPUR, Aug 8 — Maybank Investment Bank Bhd expects higher tariffs for 22 solar power producers (SPPs) selected under the Corporate Green Power Programme (CGPP) of between 24 and 28 sen per kilowatt-hour (kWh) compared with  LSS4 of between 17 and 24 sen per kWh.

KUALA LUMPUR, Aug 8 Malaysia is poised to surpass its international tourist arrival target for this year by achieving an arrival of at least 18 million visitors, exceeding the initial target of 16.1 million tourists, said Tourism Malaysia Director-General Datuk Dr Ammar Abdul Ghapar.

KUALA LUMPUR, Aug 8 — Maybank Investment Bank Bhd (Maybank IB) has maintained its neutral call on Malaysian shipping and ports despite the recent strength in container freight rates.

KUALA LUMPUR, Aug 8 — Property developers are exploring the possibility of integrating solar panels in their future residential projects with the current evolution in the renewable energy space.

KUALA LUMPUR , Aug 8 — The ringgit opened lower against the US dollar in early trade today given the prevailing sentiment in the market, which suggests a weaker outlook for global growth.