CATEGORY

Trade

Rough seas in 2020 and the voyage ahead

Nazery Khalid looks back at a grim 2020 for the marine industry and ponders what’s in store for the marine industry in 2021  Tense present  2020 will go down in history as an annus...

Palm Oil Windfall Tax Could Earn Govt RM500 Million

The rubber glove and stock markets have been seeing a rise in fortune for the last two months, however many had not noticed our...

Identifying New Economic Sectors For The 12th Malaysia Plan

The unveiling of the 12th Malaysian Plan which was supposed to take place this year has now been postponed to next year, this could...

Top Glove Q1 2021 Revenue Surges Nearly 300% To RM4.8 Billion

Top Glove continues to ride on the tailcoats of rubber glove demands in the world seeing its first quarter or 1QFY21 sales delivering whopping...

Fitch Ratings Downgrades Petronas To BBB+ From A- With Stable Outlook

Fitch Ratings has downgraded Malaysia-based Petroliam Nasional Berhad (PETRONAS)'s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) to 'BBB+' from 'A-'. The Outlook is...

Petronas Agrees For Greater Revenue Share With Sarawak

After years of haggling, the negotiations between national oil producer and Sarawak State has come to an amicable resolve with Petronas agreeing to a...

Joinland Group Agro Forestry Venture Generates RM100 Million For PNG

Joinland Group a diversified Malaysian conglomerate that ventures into property, plantation, forestry and agricultural management, insurance and shipping businesses, with diverse operations in many...

Global Pharma Clinigen Setting Up Base In Malaysia

Malaysia has become the prefered choice for Clinigen Group a global pharmaceutical company with operations in Europe, Australia and Japan as the group opens...

Finance Minister Optimistic Malaysia Can Achieve 7.5% GDP in 2021

Tengku Zafrul, Malaysia's Finance Minister under the Perikatan Harapan coalition has expressed optimism that Malaysia's 2021 gross domestic product (GDP) would grow within the...

Malaysia Trade Surplus Hits New Highs, Total Trade Stands At RM1.454 Trillion

Malaysia’s trade surplus in October 2020 widened to RM22.12 billion, registering a double digit growth of 25.9% year-on-year (y-o-y) and was the highest trade...

Palm Oil Export To EU Amounted RM8.5 Billion, Higher Compared To 2019

The pandemic has gotten the European region to consume more palm oil with Malaysia's palm oil export increasing by RM500 million for the first...

Petronas’ Nation Building Efforts Receives Recognition From International Body

National oil and gas giant, Petronas can be proud of its contribution to the nation, from its annual contribution to the government for various...

Fitch Report: Malaysia Outperforms Against Asian Peers As An Automotive Value Chain Hub

Looks like the proactive steps taken by the International Trade Ministry, MITI in making a Malaysia a viable automotive hub comparable to Indonesia and...

Taiwan Expo In Malaysia 2020 Goes Virtual, Pavilions Include Anti Covid-19 And Halal Products

The annual Taiwan Expo in Malaysia is now on its fourth year, the once on ground event with elaborate setups and physical pavilions will...

Regional Economic Meeting Ends On A High, With The Adoption Of APEC Putrajaya Vision 2040

Malaysia's hosting of the APEC 2020 Summit is a resounding success amidst the raging pandemic and organising the first ever high profile virtual event...

Comprehensive and Progressive Trans-Pacific Partnership – good that the govt is cautious

By Jason Loh, With the signing of the Regional Comprehensive Economic Partnership (RCEP) on Nov 15, the stage is set for Malaysia to tap into...

Digitalisation Key In Driving Regional Economy Forward

Many positives are coming out of the 37th ASEAN Summit, first the much delayed RCEP has finally been signed this is after 8 years,...

Signing Of RCEP Opens ASEAN Market For Malaysian Businesses

Malaysian businesses should start thinking ASEAN in their strategy moving forward, if in the past regularity and bureaucracy hurdles prevented company's to look outside...

Malaysia Forging Second Five Year Cycle Economic And Trade Relation With China

Perhaps its poignant to note that our bilateral approach with most nations in the world is of cooperative and constructive in nature, our stance...

Malaysia Narrows Economy Contraction, Beats Q3 Consensus Estimate

Signs of a better economy is evident in the recently released Bank Negara Q3 economic report, according to BNM Malaysia's economy posted a smaller contraction...