Sabah To Expand SME-UP Grant To Service Sector Next Year - Ewon

BELURAN, Nov 15 (Bernama) -- Sabah will expand the scope of the SME-UP Grant aid to the service sector in the state next year, said Deputy Chief Minister III Datuk Ewon Benedick.

APEC Region's Growth Outlook Revised Upwards To 3.4 Pct In 2026, Before Moderating To 3.1 Pct In 2027

KUALA LUMPUR, Nov 15 (Bernama) -- The Asia-Pacific Economic Cooperation (APEC) region's economic growth is projected to reach 3.4 per cent in 2026, up from an earlier forecast of 3.2 per cent, supported by robust technology investment and stronger trade activity.

APEC Calls For Fewer Trade Barriers To Sustain Regional Growth As Rising Restrictions Pose Challenges

KUALA LUMPUR, Nov 15 (Bernama) -- Rising trade restrictions across the Asia-Pacific region are posing challenges to businesses and supply chains, with the number of trade-restrictive measures in force nearly three times the number of trade-facilitating measures, said APEC Policy Support Unit director Carlos Kuriyama.

OPR Held Steady To Allow Businesses To Continue Growing – Amir Hamzah

PUTRAJAYA, Nov 15 (Bernama) -- The decision by Bank Negara Malaysia (BNM) to maintain the overnight policy rate (OPR) was made based on the controlled inflationary environment and Malaysia’s  continued strong economic growth, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

APEC Economies Seek To Turn Shared Ambitions Into Tangible Economic Benefits

KUALA LUMPUR, Nov 14 (Bernama) -- The Asia-Pacific Economic Cooperation (APEC) economies are looking to translate shared ambitions into practical outcomes, particularly in connectivity, digital transformation and artificial intelligence (AI) as the region navigates growing economic uncertainties.

Malaysia Needs To Shift From Supply Chain To The Creation Of High-Value Products - Sim Tze Tzin

KUALA LUMPUR, Nov 14 (Bernama) -- Malaysia needs to shift from merely being a part of the global supply chain to becoming a creator and owner of innovative intellectual property, technology, and brands.

ASEAN Nations Sign Digital Economy Framework Agreement To Deepen Economic Integration

From Linda Khoo Hui Li

MANILA, Nov 14 (Bernama) -- ASEAN nations on Saturday signed the landmark Digital Economy Framework Agreement (DEFA), a pact aimed at making it easier for businesses to trade online and reach customers across the region.

Rubber Market Seen Trading Sideways Next Week Amid El Nino-Related Supply Concerns

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 14 (Bernama) -- The Kuala Lumpur rubber market is expected to trade sideways in the week ahead as the El Nino weather phenomenon could disrupt supply in major producing countries, according to an industry association.

FMM Urges Manufacturers To Build Digital Resilience In Light Of Microsoft Outage

KUALA LUMPUR, Nov 13 (Bernama) -- The Federation of Malaysian Manufacturing (FMM), pointing to the global disruption of Microsoft 365 services, has emphasised that digital transformation must be accompanied by digital resilience. 

Alliance Bank Offers Relief Assistance To Customers, Employees Affected By Floods

KUALA LUMPUR, Nov 13 (Bernama) -- Alliance Bank Malaysia Bhd is offering Flood Relief Assistance comprising options of a loan moratorium of up to six months, loan repayment modifications, and waivers of fees and charges for customers and businesses that have been affected by the flood situation.

Four ASEAN Central Banks Sign MoU On Local Currency Transaction Framework

KUALA LUMPUR, Nov 13 (Bernama) -- Bank Negara Malaysia (BNM), Bank Indonesia (BI), the Bank of Thailand (BOT), and Bangko Sentral ng Pilipinas (BSP) today signed a memorandum of understanding (MoU) on cooperation under the Local Currency Transaction (LCT) Framework.

WCT Holdings Appoints Lai Cheng Yee As Group MD

KUALA LUMPUR, Nov 13 (Bernama) -- WCT Holdings Bhd has appointed Lai Cheng Yee as its group managing director (MD) beginning today.