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Busan Eyes 60,000 Malaysian Tourists To Fuel Economic Growth This Year

KUALA LUMPUR, Busan, the second largest city in South Korea is set to boost its economy by eyeing 60,000 Malaysian tourists in 2024 to boost its local business and economic activities.

Busan Tourism Organisation (BTO) chief executive officer Lee Jun…

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Lexis Hotel Group Launches Imperial Lexis, KL’s Latest Iconic Landmark

KUALA LUMPUR, Imperial Lexis Kuala Lumpur by Lexis Hotel Group has officially opened its doors, setting a new standard for opulent living and world-class hospitality, and is poised to become the city’s latest iconic landmark.

In a statement, the gro…

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Strengthen Domestic Economy To Mitigate Effects From External Challenges – Anwar

JOHOR BAHRU, Malaysia must enhance its economic foundation and strengthen its resilience to shield the nation from the ripple effects of external forces, including geopolitical tensions, said Prime Minister Datuk Seri Anwar Ibrahim.

He said while th…

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SME Bank Aims To Bag RM50 Mln Business Matching Value Via Xcess Programme

PUTRAJAYA, Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) aims to achieve RM50 million value for the business matching session between 120 local entrepreneurs and 24 buyers from 12 countries under the SME Bank Xcess 2024 programme.

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Govt Measures Could Balance Fiscal Poser Arising From Civil Service Salary Rise — Don

KUALA LUMPUR, The planned salary increment for Malaysia’s 1.6 million civil servants is a fiscal challenge that is not insurmountable and could be balanced by the government’s strategic measures.

The overall fiscal outlook remains manageable, said U…

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Malaysia Supports Policy Guidance On Low Carbon Hydrogen Framework – Fadillah

LIMA (PERU), The 14th Asia-Pacific Economic Cooperation (APEC) Energy Ministerial Meeting has concluded with economic partners supporting the launch of the APEC Policy Guidance to develop and implement a Low Carbon Hydrogen Policy Framework in the As…

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APEC’s Policy Guidance To Provide Robust Framework For Member Economies

LIMA (PERU), Malaysia is confident that the Asia Pacific Economic Cooperation (APEC) Policy Guidance will provide a robust framework for all member economies to develop and implement their hydrogen strategies effectively, said Deputy Prime Minister D…

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Sarawak Achieves Total Trade Worth RM193.4 Bln With Significant Export Growth In 2023

KUCHING, Sarawak recorded a total trade of RM193.4 billion last year, with RM130.8 billion worth of exports and RM62.6 billion imports.

Deputy Premier of Sarawak Datuk Amar Awang Tengah Ali Hasan said the main traded items were mineral fuels, palm o…

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Investment Banks Positive On Dialog, With Higher Earnings Forecast For FY2025

KUALA LUMPUR: Kenanga Investment Bank Bhd has raised Dialog Group Bhd’s earnings forecast for the financial year ending June 30, 2025 (FY2025) by five per cent factoring in stronger revenue for the specialist product division.

In a note today, the in…

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CPO Futures End Lower, Tracking Weaker Soybean Oil Market

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Friday amid weakness in the soybean oil market, particularly on the Chicago Board of Trade (CBOT), said palm oil trader David Ng.

He said the expect…

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