GEORGE TOWN, May 23 – The government plans to further strengthen Malaysia's semiconductor ecosystem in the hope of achieving a 15 per cent market share in the semiconductor assembly, test and packaging activities by 2030, compared with 13 per cent currently.

LANGKAWI, May 23 — The Ministry of Investment, Trade and Industry (Miti) said Malaysia will venture into aerospace-grade material production for the global market as well as becoming a critical supplier of sustainable aviation fuel (SAF) in the long run.

KUALA LUMPUR, May 23 — The ringgit opened marginally lower against the US dollar on better demand for the greenback on the expected increase of the US bond yields, said an analyst.

KUALA LUMPUR, – Even though the country is facing a crisis with the two largest sugar manufacturers, namely Central Sugar Refinery Sdn Bhd (CSR) and MSM Malaysia Holdings Bhd (MSM), the government has still not raised the price of sugar as of today.

LANGKAWI, May 22 – The Langkawi International Maritime and Aerospace Exhibition 2023 (LIMA '23) which will take place tomorrow until May 27 is expected to be able to generate business pledges of up to RM18 billion.

KUALA LUMPUR, May 22 –  According to the Ministry of Investment, Trade and Industry (Miti), an estimated 157,760 job opportunities were generated from approved and realised foreign direct investment (FDI) projects from 2017 to 2022.

KUALA LUMPUR, May 22 – The international reserves of Bank Negara Malaysia (BNM) has widened to US$114.7 billion (US$1=RM4.53) as at May 15, 2023, from US$114.4 billion as at April 28, 2023.

KUALA LUMPUR, May 22 – Political stability as well as economic policies that are clear and encouraging to investors have led to stronger investments in various economic sectors in the first quarter (1Q) of 2023, said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, May 22 — The ringgit opened slightly higher against the US dollar this morning, although the greenback had strengthened as investors focused on the resolution of the United States (US) debt ceiling negotiations this week.

KUALA LUMPUR, May 20 — The ringgit is expected to trade in a tight range with a downward bias against the US dollar next week as investors remain cautious in view of the global economic uncertainty, an analyst said.

KUALA LUMPUR, May 19 — The government is committed to improving and strengthening Malaysia’s economic and investment landscape in order to retain and expand both foreign direct investment (FDI) and domestic direct investment (DDI), said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, May 19 — Malaysia’s trade momentum is likely to show signs of improvement by early in the second half of this year riding on the global economic recovery, says RHB Research.

KUALA LUMPUR, May 19 — The ringgit trimmed its losses to end the week marginally higher against the US dollar on Friday, despite the firmer greenback following robust US economic data.

PUTRAJAYA, May 19 – The labour market has expanded 2.5 per cent in the first quarter of this year with 16.65 million persons compared to 16.25 million persons in the same period last year, according to the Labour Market Review First Quarter 2023 released by the Department of Statistics Malaysia (DoSM) today.

PUTRAJAYA, May 19 – An approach using household net disposable income metrics will be implemented in January next year (2024) as an economic structuring measure for a more focused distribution of targeted subsidies, said Economy Minister Rafizi Ramli.

KUALA LUMPUR, May 19 — Malaysia's trade growth fell by 14.5 per cent year-on-year (y-o-y) in April 2023 to RM198.0 billion amidst global economic uncertainties.

KUALA LUMPUR, May 19 — Malaysia’s manufacturing industry operated with a 79.6 per cent capacity utilisation in the first quarter of 2023 (1Q 2023), said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, May 19 — The ringgit slipped against the greenback at the opening today as the release of several United States (US) macroeconomic data boosted the US currency.

KUALA LUMPUR, May 18 — The ringgit declined further to end lower against the US dollar today following the strengthening of the greenback amid global economic uncertainty, said an economist.

KUANTAN, May 18 — Petty traders are urged to register their business with the Companies Commission of Malaysia (SSM) to qualify for targeted cooking oil subsidy once the initiative is implemented.