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ASEAN+3 Faces Challenges From Inflation Resurgence And Geopolitical Uncertainty — AMRO

October 10, 2024

SINGAPORE, ASEAN+3 economies should, in the near term, remain vigilant against the risks associated with a resurgence in inflation, escalating geopolitical tensions, and a global growth slowdown, which could challenge the resilience of the region’s fi…

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PM Anwar Calls For Enhanced ASEAN-Australia Cooperation

October 10, 2024

Australia Cooperation

VIENTIANE, Malaysia has called for strengthened cooperation between ASEAN member countries and Australia, particularly in the area of human capital development.

Prime Minister Datuk Seri Anwar Ibrahim, in his remarks at the 4th…

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MIDF Expects Westports To Achieve 4.2 Pct Container Volume Growth For FY2024

October 10, 2024

KUALA LUMPUR, MIDF Research expects Westports Holdings Bhd’s container volume in the second half of 2024 (2H FY2024) to increase by 2.2 per cent year-on-year (y-o-y) to achieve a full-year growth target of 4.2 per cent.

It noted that the seconf half …

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Good Governance, Clear Policy Drive Malaysia’s Economic Growth – PM Anwar

October 10, 2024

KUALA LUMPUR, Prime Minister Datuk Seri Anwar Ibrahim said the recent positive economic developments in Malaysia were the result of better governance, together with clear policy formulation, especially in the industrial, digital transformation, energy…

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RHB Positive On Guan Chong MoU With Ivory Coast’s CCC, Maintains ‘Buy’ Call

October 10, 2024

KUALA LUMPUR, RHB Investment Bank Bhd (RHB IB) is positive on cocoa manufacturer Guan Chong Bhd’s (Guan Chong) recent memorandum of understanding (MOU) with Ivory Coast’s Conseil du Café-Cacao (CCC) to acquire a 25 per cent stake in CotéTranscao d’Ivo…

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Hartalega To Benefit From Recently Announced US Tariffs Revision On Chinese Glove Makers

October 10, 2024

KUALA LUMPUR, Hartalega Holdings Bhd is expected to benefit from the recently announced upward United States (US) tariff revision on Chinese glove makers moving forward.

Following the news, there have been more enquiries from US customers reliant on …

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Mitsubishi Power Aims To Expand Gas Turbine Expertise In Asia Pacific

October 9, 2024

KUALA LUMPUR, Mitsubishi Power Asia Pacific Pte Ltd aims to expand its gas turbine expertise in Southeast Asia, given the significant utilisation potential of natural gas and liquefied natural gas (LNG) in the region.

Its managing director/chief exe…

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Rise Of Fintech, AI Requires Clear, Strong Governance Framework – ADFIM

October 9, 2024

KUALA LUMPUR, The rise of financial technology (fintech) and artificial intelligence (AI) in today’s rapidly changing world presents both opportunities and challenges such as the use of AI in credit scoring that has raised concerns about algorithm bi…

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Moody’s Sees Higher Sukuk Issuance In Malaysia In Second Half Of Year

October 9, 2024

KUALA LUMPUR, Malaysia is projected to register a higher sukuk issuance in the second half (2H) of this year despite lower domestic sovereign issuance in the first half (1H), according to Moody’s Ratings.

Its assistant vice president Abdulla AlHamma…

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Malaysia On Track To Capture Significant Portion Of Global Digital Market – Gobind

October 9, 2024

KUALA LUMPUR, Malaysia is on track to capture a significant portion of the global digital market as the country’s digital economy is expected to contribute 25.5 per cent to the gross domestic product (GDP) by the end of 2025, said Digital Minister Go…

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