Fitch Affirms Malaysia’s Rating At “BBB+” With Stable Outlook

KUALA LUMPUR, Dec 9 (NNN-BERNAMA) – Fitch Ratings has affirmed Malaysia’s long-term foreign-currency issuer default rating (IDR) at “BBB+” with a stable outlook. The rating agency said in a statement yesterday, the ratings are supported by strong medium-term growth prospects and persistent current account surpluses, with a diversified export base.…

Malaysia-China Spring Festival Gala Kicked Off, Highlighting Friendship, Commonality

KUALA LUMPUR, Dec 6 (NNN-BERNAMA) – The strong bond of friendship between Malaysia and China was highlighted, during the Malaysia-China Spring Festival Gala, which kicked off in Putrajaya, the country’s administrative capital, last night. Representatives from both countries’ government departments, cultural institutions, friendship associations and chambers of commerce attended the…

Monsoon Causes 80.2 Million USD In Damage To Infrastructure: Minister

KUALA LUMPUR, Dec 6 (NNN-BERNAMA) – The north-east monsoon and flooding has caused some 330 million ringgit (80.2 million U.S. dollars) in damage to public infrastructure, according to the Malaysian Ministry of Works. This is not expected to be the final amount and further damage could occur, due to adverse…

HSBC Survey: 92 Percent Of Malaysian Businesses Retain Positive Outlook

KUALA LUMPUR, Dec 2 (NNN-BERNAMA) – Malaysian business optimism has improved over the past six months, reflecting a more confident outlook on the long-term impact of tariffs and trade uncertainty, an HSBC survey showed, yesterday. Malaysian businesses are among the most confident globally. Of the 250 Malaysian-based companies that were…

Malaysia’s E-Commerce Revenue Climbed 1.9 Percent In Nine Months

KUALA LUMPUR, Nov 27 (NNN-BERNAMA) – Malaysia’s e-commerce revenue for the first nine months of the year reached 937.5 billion ringgit (226.67 billion U.S. dollars), an increase of 1.9 percent, as compared to the same period in 2024, official data showed, yesterday. The Department of Statistics Malaysia said in a…

Agencies Foresee Palm Oil Prices To Remain Firm

KUALA LUMPUR, Nov 12 (NNN-BERNAMA) – Analysts yesterday forecast, crude palm oil (CPO) prices to remain firm, despite Malaysia’s palm oil stockpile hitting a six-month high in October. Maybank Investment Bank said in a note that, compared to a year ago, Malaysia’s October stockpile of 2.46 million tonnes, up 31…

Malaysia’s IPI Grew 4.9 Percent In Q3

KUALA LUMPUR, Nov 8 (NNN-BERNAMA) – Malaysia’s industrial production index (IPI), grew 4.9 percent year-on-year, in the third quarter, as compared to two percent in the second quarter, official data showed, yesterday. The Department of Statistics Malaysia, said in a statement that, this significant growth was contributed by all sectors,…

15th China-ASEAN Defence Ministers’ Informal Meeting held in Malaysia

KUALA LUMPUR, Nov 1 (NNN-BERNAMA) – The 15th China-ASEAN Defence Ministers’ Informal Meeting, was held here yesterday, co-chaired by Chinese Defence Minister, Dong Jun, and Malaysian Defence Minister, Mohamed Khaled Nordin, as Malaysia serves as the rotating chair of the Association of Southeast Asian Nations (ASEAN). Dong said that, under…

47th ASEAN Summit Kicked Off In Malaysia

KUALA LUMPUR, Oct 26 (NNN-BERNAMA) – The 47th Association of Southeast Asian Nations (ASEAN) Summit and related summits, kicked off in Kuala Lumpur, Malaysia, today, under the theme “Inclusivity and Sustainability.” Speaking at the opening ceremony, Malaysian Prime Minister, Anwar Ibrahim, the chair of ASEAN 2025, said, rising contestation and…

Timor-Leste Becomes ASEAN’s 11th Member

KUALA LUMPUR, Oct 26 (NNN-BERNAMA) – Timor-Leste has been welcomed into the Association of Southeast Asian Nations (ASEAN) as the grouping’s 11th member, following an official ceremony at the 47th ASEAN Summit in the Malaysian capital, today. Timor-Leste’s President, Jose Ramos-Horta and Prime Minister, Xanana Gusmao, were present at the…
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