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…

AirAsia Net Profit Plunges 57.61 Percent On Year To 168 Million USD

KUALA LUMPUR, Nov 30 (NNN-XINHUA) – Malaysia-based Capital A, the owner of low-cost airline AirAsia, saw its net profit tumble 57.61 percent, year-on-year, to 695.38 million ringgit (168.41 million U.S. dollars) in the third quarter ended Sept 30, dragged by foreign exchange losses. The firm said in a bourse filing…

Malaysians Urged To Remain Vigilant Amid Ongoing Adverse Weather

KUALA LUMPUR, Nov 30 (NNN-BERNAMA) – Increased river water levels in several Malaysian states, following persistent rainfall have prompted warnings from officials yesterday, urging the public to remain vigilant. Deputy Prime Minister, Ahmad Zahid Hamidi, advised the public to avoid high-risk areas, stay alert to weather developments, steer clear of…

Malaysia To Develop New Port In Johor State With Eye On Logistics, Job Creation

KUALA LUMPUR, Nov 30 (NNN-BERNAMA) – Malaysia will develop a new port in Johor state, with an eye on strengthening its maritime logistics competitiveness and supply chain resilience, Malaysian Prime Minister, Anwar Ibrahim, said yesterday. The port will also play a significant role in job creation, with an expected 45,000…

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…

Number Of Evacuees Rose To Over 21,000 Following Floods In Malaysia

KUALA LUMPUR, Nov 27 (NNN-BERNAMA) – The number of evacuees rose to over 21,000 in Malaysia yesterday, with 10 states affected across the country, due to the current north-east monsoon season, according to authorities. Kelantan state remains the hardest hit, with 9,642 flood evacuees housed in 52 flood relief centres…

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,…
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