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A confluence of tailwinds is helping Malaysian equities outperform the region and the return of foreign funds points to further gains. Overseas investors have bought US$502.9 million (RM2.37 billion) of local shares on a net basis in May, putting the market on track for its biggest monthly inflow since March 2022, according to Bloomberg-compiled data. MalaysiaRead more

Taiwan-based semiconductor companies are optimistic about business prospects in Malaysia’s semiconductor industry, given its solid foundation and thriving semiconductor ecosystem that offers potential long-term growth. Semiconductor integrated circuit (IC) design solutions provider, FusionSIP Technology Pte Ltd’s general manager, Eigen Fu said the company is planning to open its first design service centre in Malaysia thisRead more

Bank Negara Malaysia has appointed Mohamad Ali Iqbal Abdul Khalid as its new assistant governor effective from June 1. Bank Negara Malaysia has appointed Mohamad Ali Iqbal Abdul Khalid as its new assistant governor effective from June 1. Iqbal, who joined the central bank in 2002, will oversee the investment operations and financial market, andRead more

Malaysia External Trade Development Corporation (Matrade) and the Chamber of Commerce and Industry of Uzbekistan (CCIU) are collaborating to raise the profile of Malaysian products and services in the country and its Central Asian neighbours. Malaysia External Trade Development Corporation (Matrade) and the Chamber of Commerce and Industry of Uzbekistan (CCIU) are collaborating to raiseRead more

“The Exchange actively listens to the evolving needs of our customers. This initiative is key in delivering on our commitment towards greater customer-centricity. We will continue to work closely with our POs and introduce service innovations to attract more investors, bolstering the competitiveness of our market.” Bursa Malaysia has announced the launch of an APIRead more

The UK is set to ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership by the end of 2024, creating opportunities for both nations. Malaysia values its strategic collaboration with the UK, particularly in digital initiatives, as they pave the way for potential advancements in the digital economy for both nations. Digital minister Gobind SinghRead more

Malaysia’s economy remains fundamentally strong despite concerns over rising living costs and the weakening ringgit, largely driven by consumer spending, the tech upcycle, and increased revenue from the travel and tourism industry. These positive indicators have raised optimism that the economy can expand by a commendable 5.0 per cent in 2024 and grow more rapidlyRead more

The Malaysian government is skillfully attracting plenty of foreign tech investments and this bodes well for our budding tech scene. Malaysia’s recent efforts to steer ahead in technology and tech investments appears to show great promise. Or am I being prematurely optimistic? After all, many ills still ail us. For one, Malaysia’s abysmal standing inRead more

Malaysia Semiconductor Industry Association’s Wong said Malaysia stood to benefit from the business diversion, given the country’s stronghold in the semiconductor industry. The US plans to raise tariffs on a wide range of Chinese imports, including semiconductors, batteries, solar cells and critical minerals will benefit Malaysia further as multinational companies look to alternative investment destinations.Read more

The government needs to review the minimum limit in the foreign exchange policy for exporters as one of the measures to strengthen the value of the ringgit, which is currently low against the US dollar. Senior fellow of the Malay Chamber of Commerce Malaysia, Azlan Awang, said that looking at the value of the country’sRead more