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Malaysia exports rise 9.8% to RM204.99bil in Feb

Malaysia exports rise 9.8% to RM204.99bil in Feb

KUALA LUMPUR: From the same month the year before, Malaysia's exports increased by 11% to RM204.99 billion in February 2023. With both export and...
Malaysia's palm oil stocks slide 6.56% in Feb

Malaysia’s palm oil stocks slide 6.56% in Feb

KUALA LUMPUR: The Malaysian Palm Oil Board reported that the country's overall palm oil stockpiles decreased by 6.56% to 2.11 million tonnes in February...
Malaysia attracts RM264.6bil approved investments in 2022, 2nd largest ever recorded: Tengku Zafrul.

Malaysia attracts RM264.6bil approved investments in 2022, 2nd largest ever recorded: Tengku Zafrul.

KUALA LUMPUR: In 2022, Malaysia will have approved RM264.6 billion worth of investments. With the services sector taking the lion's share of the market,...
Malaysia not going into recession, growth set to continue in 2023: BNM Governor

Malaysia not going into recession, growth set to continue in 2023: Bank Negara Malaysia...

Malaysia is unlikely to enter a recession this year. According to Bank Negara Malaysia Governor Tan Sri Nor Shamsiah Mohd Yunus, as strong domestic...
International trade rises as commerce ministry lays out 2023 plans

International trade rises as commerce ministry lays out 2023 plans

Combodia: According to Pan Sorasak, minister of commerce, "in-depth reforms in all areas," "improved export competitiveness. " And an increasingly favorable business and investment...
Asian FX, stocks rise as strong U.S. GDP data aids risk sentiment

Asian FX, stocks rise as strong U.S. GDP data aids risk sentiment

The Philippine Peso and the Malaysian Ringgit led advances among Asian currencies on Friday. As overnight data revealed the U.S. economy's resiliency, increasing investor...
Malaysia's total trade up 8.6% to RM236bil in December 2022

Malaysia’s total trade up 8.6% to RM236bil in December 2022

Malaysia’s total trade for December 2022 amounted to RM236.0 billion. An increase of 8.6 per cent year-on-year (y-o-y). With exports rising 6.0 per cent...
Global food prices in 2022 hit record high amid drought, war

Global food prices in 2022 hit record high amid drought, war

ROME: According to the U.N. Food and Agriculture Organization, global prices for food commodities such as grains and vegetable oils reached their highest levels...
Chile ratifies CPTPP, a big opportunity for Malaysian businesses: Tengku Zafrul

Chile ratifies CPTPP, a big opportunity for Malaysian businesses: Tengku Zafrul

KUALA LUMPUR: According to Tengku Datuk Seri Zafrul Abdul Aziz, Minister of International Trade and Industry, Chile's decision to ratify the Comprehensive and Progressive...
US banks warn of recession amid rising inflation

US banks warn of recession amid rising inflation

According to CEOs, the largest US banks are preparing for a poorer economy next year as inflation threatens consumer demand. Jamie Dimon, the chief executive...
Asia stocks edge up despite global growth worries.

Asia stocks edge up despite global growth worries.

Hong Kong and China stocks helped up Asian shares despite mounting concerns about an impending economic slowdown and the speed at which the Federal...
Malaysian economy relatively resilient in 2023, says ICAEW

Malaysian economy relatively resilient in 2023, says ICAEW

PETALING JAYA: The Institute of Chartered Accountants in England and Wales forecasts a bleak start for Asian economies in 2023. But it won't last...
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