Sapura Resources Appoints Reza Abdul Rahim As Acting MD

KUALA LUMPUR, Sapura Resources Bhd have redesignated Reza Abdul Rahim as its executive director and acting managing director (MD) effective today.

In a filing with Bursa Malaysia today, the company said Reza would temporarily assume the duties, funct…

Malaysia Increasingly Attractive To Foreign Investors — UBS Global Research

KUALA LUMPUR, Malaysia has become increasingly attractive to foreign investors due to several factors, such as the country’s political stability and track record in exercising fiscal responsibility, said UBS Global Research.

UBS said Malaysia’s compe…

Unemployment Rate In Malaysia Falls To 3.2 Pct in August

PUTRAJAYA, August’s unemployment rate fell to 3.2 per cent, registering 558,500 unemployed persons, according to the Labour Force Statistics for August released today.

The rate dropped by 0.1 percentage points to 3.2 per cent after nine months regist…

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

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…

PM Anwar Calls For Enhanced ASEAN-Australia Cooperation

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…

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

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 …

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

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…