KUALA LUMPUR, Aug 20 — The National Fraud Portal (NFP) that was launched today is being improved to enable the use of artificial intelligence (AI) to detect suspicious transactions via predictive analysis.

NEW DELHI, Aug 20 — Malaysia and India today solidified their bilateral relations with the exchange of eight memorandums of understanding (MOUs).

KUALA LUMPUR, Aug 20 — The ringgit continued its appreciation against the US dollar today as investors are bullish on the expectations that the US Federal Reserve (US Fed) will cut interest rates.

KUALA LUMPUR, Aug 19 — The government is looking to implement a carbon tax to incentivise local companies to reduce carbon emissions, said Investment, Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz today.

PUTRAJAYA, Aug 19 — The Bumiputera Economic Transformation Plan 2035 (PuTERA35) was launched today as a major shift to advance Bumiputera development and make Malaysia a regional economic leader.

KUALA LUMPUR, Aug 19 — The ringgit reached an 18-month high today, driven by concerns of a potential recession in the United States, said an analyst.

KUALA LUMPUR, Aug 19 — Bursa Malaysia surged 1.53 per cent today, with the composite index ending at a 44-month high, driven by positive sentiment bolstered by robust local economic data.

KUALA LUMPUR, Aug 19 — Malaysia’s January-July trade in 2024 grew by 9.8 per cent year-on-year (y-o-y) to hit RM1.652 trillion, the highest value recorded for the period, said the Investment, Trade and Industry Ministry (Miti).

KUALA LUMPUR, Aug 19 — Hong Leong Investment Bank (HLIB) has revised its 2024 gross domestic product (GDP) forecast for Malaysia upward to 5.0 per cent from 4.8 per cent previously.

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia opened higher on the first trading day of the week, supported by encouraging economic data from both Malaysia and the United States (US).

KUALA LUMPUR, Aug 19 — The ringgit opened flat amid Malaysia’s better-than-expected second quarter of 2024 economic data, ahead of the anticipated United States (US) interest rate cuts, according to an analyst.

SANDAKAN, Aug 18 — Malaysia has pledged to halt new oil palm plantations in forest areas to support sustainability and maintain the current forest cover of 54 per cent.

KUALA LUMPUR, Aug 18 — Malaysia’s participation in Brics, alongside India’s established presence in the intergovernmental bloc, presents significant opportunities for both nations to deepen their economic collaboration through this influential trade platform.

JOHOR BAHRU, Aug 17 — Malaysia’s rapid economic growth in the second quarter, at 5.9 per cent and above expectations, reflected the confidence of foreign investors in the country's potential, said Economy Minister Rafizi Ramli.

KUALA LUMPUR, Aug 17 — The ringgit is expected to stay at the current levels of 4.43 to 4.45 against the greenback next week amid caution as a series of US Federal Reserve (US Fed) officials will speak publicly on the United States economy.

KUALA LUMPUR, Aug 16 — RHB Bank Bhd has revised its forecast for Malaysia's gross domestic product (GDP) growth in 2024 to 5.0 per cent year-on-year (y-o-y) from 4.6 per cent previously amid the growth acceleration in the second quarter (2Q) of 2024.

KUALA LUMPUR, Aug 16 — The Investment, Trade, and Industry Ministry (Miti) has secured RM8.33 billion worth of potential exports during its trade and investment mission to Thailand from yesterday to today.

KUALA LUMPUR, Aug 16 — The second quarter 2024 (2Q 2024) growth of 5.9 per cent has put Malaysia in a comfortable position to cap off the year with a growth in the upper-end of the government’s official forecast range of 4.0 to 5.0 per cent.

KUALA LUMPUR, Aug 16 — The Malaysian economy’s robust expansion at 5.9 per cent in the second quarter of 2024 (2Q 2024) has driven the ringgit to close higher against the US dollar today.

KUALA LUMPUR, Aug 16 — Malaysia is well positioned to navigate external uncertainties, buoyed by a strong 5.9 per cent gross domestic product (GDP) growth in the second quarter of 2024 (2Q 2024), surpassing the earlier forecast of 5.8 per cent.