KUALA LUMPUR, Feb 17 — The Malaysian semiconductor industry stands to benefit from the impact of United States (US) restrictions on China, said Malaysia Semiconductor Industry Association (MSIA) president Datuk Wong Siew Hai.

KUALA LUMPUR, Feb 17 — Bursa Malaysia opened slightly higher but turned lower thereafter, weighed by cautious sentiment following mixed Wall Street’s Friday performance.

KUALA LUMPUR, Feb 17 — The ringgit opens higher against the US dollar and Asean currencies due to stronger Malaysia’s gross domestic product (GDP) growth in the final quarter (4Q) of 2024, said an analyst.

KUALA LUMPUR, Feb 14 — Asean is on track to become the world’s fourth-largest economy by 2030, but growth must be inclusive to ensure benefit to all communities, said Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad.

KUALA LUMPUR, Feb 14 — The National Artificial Intelligence Office (NAIO) has established specialised working groups (WGs) to accelerate Malaysia’s AI agenda and reinforce its position as a leading AI-driven economy.

PUTRAJAYA, Feb 14 — Malaysia’s political stability and monetary policies were among the contributors to the country’s positive gross domestic product (GDP) growth last year, which surpassed the minimum target, said Communications Minister Fahmi Fadzil.

KUALA LUMPUR, Feb 14 — Gateway Development Alliance Sdn Bhd (GDA) has proposed to compulsorily acquire all of the Malaysia Airports Holdings Bhd (MAHB) shares from dissenting shareholders at RM11 apiece.

KUALA LUMPUR, Feb 14 — The Investment, Trade and Industry Ministry (Miti) is reviewing five legislations to strengthen industrial development, which the ministry intends to present to parliament this year.

KUALA LUMPUR, Feb 14 — Malaysia’s headline and core inflation for 2024 both declined to 1.8 per cent in 2024, compared with 2.5 per cent and 3.0 per cent, respectively, in 2023.

KUALA LUMPUR, Feb 14 — The ringgit recorded an overall appreciation of 2.7 per cent against the US dollar in 2024, standing out as one of the few Asian currencies to strengthen versus the greenback, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, Feb 14 — The Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, aligning with the government’s target of 4.8 per cent to 5.3 per cent year-on-year.

KUALA LUMPUR, Feb 14 — The ringgit continues to strengthen against the US dollar and Asean currencies ahead of Malaysia’s 2024 gross domestic product (GDP) data release today, said an analyst.

KUALA LUMPUR, Feb 13 — MIDF Amanah Investment Bank Bhd sees Malaysia’s gross domestic product (GDP) growth for the fourth quarter of 2024 (4Q 2024) at 4.8 per cent, similar to the government’s advance estimate.

KUALA LUMPUR, Feb 13 —The ringgit ended higher against the US dollar today as the local note corrected from its oversold position.

PUTRAJAYA, Feb 13 — Malaysia is on course to ratify space treaties under the United Nations Committee on the Peaceful Uses of Outer Space (Uncopuos), Science, Technology and Innovation Minister Chang Lih Kang said.

KUALA LUMPUR, Feb 13 — Malaysia has decided to revise the dumping margin for Vietnam’s steel product manufacturer Hoa Phat Steel Sheet LLC (HPSS) from 3.06 per cent to 4.89 per cent, according to Investment, Trade, and Industry Ministry (Miti).

KUALA LUMPUR, Feb 13 — The floor price for padi will be standardised from RM1,300 to RM1,500 per metric tonne, effective Sunday.

KUALA LUMPUR, Feb 13 — The government will introduce the New Investment Incentive Framework (NIIF) for implementation from the third quarter of 2025, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

PUTRAJAYA, Feb 13 — The 13th Malaysia Plan (13MP) will emphasise investment in non-physical assets such as software, digital technology, and human capital development.

KUALA LUMPUR, Feb 13 — The Economy Ministry will launch the Natural Gas Roadmap in the second or third quarter of this year to ramp up investments into the sector, said its minister Datuk Seri Rafizi Ramli today.