IMF optimistic Malaysia’s economy will expand 5.75% in 2022
Kuala Lumpur, May 19 — The International Monetary Fund (IMF) is optimistic that Malaysia’s economy will expand by 5.75% in…
Malaysia sees 5% GDP growth in first quarter of 2022
Kuala Lumpur, May 13 — Malaysia’s economy rebounded in the first quarter of 2022 (Q1 2022), registering a 5% growth versus…
Ismail Sabri rolls out red carpet for American investors, eyes Tesla
WASHINGTON D.C, May 12 — Prime Minister Datuk Seri Ismail Sabri Yaakob Wednesday (Thursday in Malaysia) rolled out the red…
Malaysia expected to garner RM14.62 billion in new investments from US
Washington DC, May 11 — Malaysia is expected to garner RM14.62 billion in new investments from the US following the…
Japan’s Eneos withdraws from Myanmar gas project
TOKYO, May 2 — Japanese energy conglomerate Eneos Holdings said today it will withdraw from a gas project in coup-hit Myanmar,…
Sri Lanka looks for foreign investors to stabilize the rupee
COLOMBO, April 24 — Sri Lanka is looking for investors that can bring in more than US$2 billion (US$1=RM4.27) into…
Ringgit remains competitive, inflation in check despite uncertainty, headwinds from global geopolitics – MOF
KUALA LUMPUR, April 23 — The Ministry of Finance (MOF) said the ringgit has remained competitive, with inflation in check, despite headwinds…
Indonesia to ban palm oil exports to tackle domestic shortage
Indonesia, April 23 — Indonesia, the world’s top palm oil producer, announced plans to ban exports of the most widely…
Ferrero to stop buying palm oil from Sime Darby over labour concerns
KUALA LUMPUR, April 15 – Italian confectionery giant Ferrero said it will stop sourcing palm oil from Sime Darby Plantation…
EU agrees on coal embargo, other new sanctions against Russia
WASHINGTON, April 8 — The European Union (EU)on Thursday approved new sanctions against Russia, including an embargo on coal imports…