KUALA KANGSAR, Nov 19 — Palm oil mills in the country have been urged to use artificial intelligence (AI) technology for oil processing, thus lowering costs and increasing revenue.

KUALA LUMPUR, Nov 19 — Malaysia's total trade increased 2.1 per cent to RM244.3 billion in October, up from RM239.3 billion a year earlier, driven by growth in both exports and imports, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Nov 18 — The leadership change in the United States is set to affect the global trade landscape, particularly in trade relations between the United States and China.

KUALA LUMPUR, Nov 18 — The Digital Ministry is in talks with the Entrepreneur and Cooperatives Development Ministry (Kuskop) to formulate a policy aimed at helping micro, small, and medium enterprises (MSMEs) adopt digitalisation.

KUALA LUMPUR, Nov 18 — Research firm BMI, a Fitch Solutions company, has raised its 2025 Malaysia gross domestic product (GDP) growth forecast to 4.7 per cent from 4.6 per cent previously, “which would be in line with the country’s pre-pandemic standards.” It said the updated forecast would fall...

KUALA LUMPUR, Nov 18 — Malaysia’s economic growth will remain modest for the rest of 2024, citing weakening external demand and ongoing global policy uncertainties, said Hong Leong Investment Bank Bhd (HLIB).

KUALA LUMPUR, Nov 18 — Local institutions were net buyers on Bursa Malaysia for the fourth consecutive week, with net purchases totalling RM207.7 million last week, while foreign investors extended their outflows from Asia.

KUALA LUMPUR, Nov 18 — The ringgit extended its gains on Monday, buoyed by optimism over Malaysia’s domestic outlook, which offset concerns about the direction of US interest rates.

KUCHING, Nov 17 — The financial knowledge of Malaysians has significantly improved since 2016 and is approaching the level of developed countries; however, three challenges remain which hinder further progress towards becoming a financially literate society.

KUALA LUMPUR, Nov 16 — The ringgit is expected to trade within a tight range next week following the US dollar’s recent rally amid anticipation of slower United States (US) interest rate cuts, according to Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid.

ABU DHABI, Nov 15 — The government is mulling the introduction of Technical and Vocational Education and Training (TVET) lessons for younger students, similar to the approach adopted by the United Arab Emirates (UAE), said Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi.

PUTRAJAYA, Nov 15 — The government remains firm in its stance to implement a regulatory or licensing framework for social media and internet messaging services on January 1 next year, said Communications Minister Fahmi Fadzil.

KUALA LUMPUR, Nov 15 — Bank Negara Malaysia (BNM) today announced a liberalisation of foreign exchange policy (FEP) for multilateral development banks (MDBs) and qualified non-resident development financial institutions (DFIs), aiming to facilitate their investments in key growth areas in Malaysia.

KUALA LUMPUR, Nov 15 — Bank Negara Malaysia (BNM) welcomed Malaysia’s removal from a United States currency manipulation watchlist, affirming the ringgit’s market-driven status.

KUALA LUMPUR, Nov 15 — The ringgit traded marginally higher at today’s opening today against the US dollar despite the strengthening of the US Dollar Index (DXY).

PUTRAJAYA, Nov 14 — The Human Resources Ministry (MOHR) aims to grow the number of unionised workers nationwide to two million, its minister Steven Sim Chee Keong said.

BANGI, Nov 14 — Projected changes in the United States’ trade policy are not expected to significantly impact the country’s palm oil sector following Donald Trump’s victory in the recent US presidential election, the Malaysian Palm Oil Board (MPOB) said today.

PUTRAJAYA, Nov 14 — The 2024 Third Quarter (3Q) Labour Force Statistics report showed labour demand hit its highest level since 2018, with 9.01 million job openings.

KUALA LUMPUR, Nov 14 — The ringgit opened flat against the US dollar today despite the higher US dollar index (DXY).

KUALA LUMPUR, Nov 13 — Malaysia’s cross-border renewable energy auction for Singapore’s energy importer, under Energy Exchange Malaysia, will begin by year-end, Deputy Prime Minister Datuk Seri Fadillah Yusof said.