Malaysia tightens control over origin of export goods

Kuala Lumpur (VNA) – Starting May 6, Malaysia’s Ministry of Investment, Trade and Industry (MITI) is the sole authority issuing non-preferential certificates of origin (NPCO) for goods exported to the US. The move aims to prevent potential transshipment …

Securities Commission Malaysia Seeks Public Feedback On Proposed Framework On Tokenisation Of Capital Market Products

The Securities Commission Malaysia (SC) today published a consultation paper to seek public feedback on a proposed framework for tokenised capital market products.   Tokenised capital market products refer to the digital representation of capital market …

Malaysia to strengthen EV ecosystem with collaboration from neighbours

SINGAPORE: Malaysia is developing a robust electric vehicle (EV) ecosystem, and such an ecosystem could be strengthened through collaboration with land neighbours such as Singapore and Thailand, says Malaysian High Commissioner to Singapore. Datuk Dr Azfar …

UOB Malaysia posts record RM2.2bil pre-tax profit in FY24

KUALA LUMPUR: UOB Malaysia posted a 15.9% year-on-year (y-o-y) increase in pre-tax profit to an all-time high of RM2.2bil on the back of 2.3% growth in net operating income to RM4.7bil for the financial year ended 2024. According to the bank, it registered …

Bursa Malaysia lower at midday on concern over global market outlook

KUALA LUMPUR: Bursa Malaysia was lower at midday today on continued profit-taking in selected heavyweights, as investors remained concerned about the global market outlook, a dealer said. At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined by 0. …

Malaysia to prioritise emerging markets with increased funding allocation, says Tengku Zafrul

KUALA LUMPUR, May 7 — Malaysia will continue to focus on new markets while exploring non-traditional markets to ensure the country’s economic and trade interests remain strong, said Investment, Trade, and Industry (MITI) Minister Tengku Datuk Seri Zafrul …

Tengku Zafrul: Malaysia poised to command 55pc of US rubber glove market despite tariffs

KUALA LUMPUR, May 6 — Malaysia’s rubber glove market share in the United States is expected to increase to 55 per cent, despite facing a 10 per cent tariff hike and reciprocal tariffs imposed by the US on Malaysia. Minister of Investment, Trade and …

Business : Special Package For Businesses To Be Considered After US-Malaysia Negotiations - Zafrul

KUALA LUMPUR, May 6 – The Investment, Trade and Industry Ministry (MITI) will consider introducing a special incentive package for businesses affected by United States (US) tariff after assessing its impact, in addition to evaluating its effect on the …

Malaysia’s exports impacted more by global economy than FX moves, minister says

Malaysia’s end-April palm oil stocks set to rise for a second straight month

Malaysia’s palm oil inventories are forecast to rise in April, for a second consecutive month, as the industry approaches peak production season with the second half of the year expected to bring in significant output increases, a Reuters survey showed on …