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Economy

Icertis, SAP Deepen Partnership With Contract Intelligence Extension

KUALA LUMPUR, May 23 (Bernama) -- Icertis, a global leader in artificial intelligence (AI)-powered contract intelligence, has announced a significant expansion of its collaboration with SAP by launching SAP Ariba Contract Intelligence by Icertis as a certified SAP Solution Extension.

MPOC Seeks EC Clarification On Malaysia's 'Standard Risk' Status

KUALA LUMPUR, May 23 (Bernama) -- The Malaysian Palm Oil Council (MPOC) will request clarification from the European Commission (EC) on its full benchmarking methodology used in its assessment on the ‘standard risk’ status given to Malaysia under the European Union Deforestation Regulation (EUDR).

Eco-Shop Positive About Performance Despite Price Hike

KUALA LUMPUR, May 23 (Bernama) -- Household retailer Eco-Shop Marketing Bhd remains optimistic about its performance despite hiking up product prices to RM2.60 from RM2.40 last month. 

Li Qiang At ASEAN-GCC-China Summit Boosts Regional Cooperation

By Siti Noor Afera Abu

KUALA LUMPUR, May 23 (Bernama) – Chinese Premier Li Qiang's presence at the inaugural ASEAN-Gulf Cooperation Council (GCC)-China Summit in Kuala Lumpur next week reflects China's strong commitment to regional cooperation.

Malaysia Calls For Stronger ASEAN Space Tech Cooperation

By Zarul Effendi Razali

LANGKAWI, May 23 (Bernama) -- ASEAN countries must intensify collaboration in space technology to strengthen knowledge-sharing and capacity-building across the region, Malaysian Space Agency (MYSA) Director-General Datuk Azlikamil Napiah said.

PM Anwar's Russia Trip Seen As Gateway To Central Asian Halal Market

By Lucia Terey John

KUALA LUMPUR, May 23 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s recent official visit to Russia is not only a strategic move to strengthen bilateral relations, but also a “gateway” for Malaysia to explore the halal industry in the European and Central Asian regions, according to an analyst.

Bursa Malaysia Higher In Early Trade

KUALA LUMPUR, May 23 (Bernama) -- Bursa Malaysia opened higher on Friday despite a muted Wall Street performance overnight.  

ASEAN Urged To Close MSME Gaps To Unlock Growth

KUALA LUMPUR, May 23 (Bernama) -- A prominent Malaysian private sector official has urged ASEAN to prioritise strategies and policies that address the challenges facing micro, small and medium enterprises (MSMEs), to ensure the regional economy fully benefits from their potential.

Ringgit Opens Higher Against Greenback On Lower US Dollar Index

By Danni Haizal Danial Donald

KUALA LUMPUR, May 23 (Bernama) -- The ringgit opened stronger against the US dollar on Friday, due to a weaker US Dollar Index (DXY) amid mixed economic data, said an analyst.

TNB Returns Nearly RM3 Billion To Malaysians Through Responsible Growth

KUALA LUMPUR, May 22 (Bernama) -- Tenaga Nasional Berhad (TNB) announced its highest dividend in four years at 51 sen per share, totalling over RM2.96 billion, while reaffirming its commitment to creating long-term value through sound financial management, operational strength, and community investments that benefit both shareholders and the nation.

Bursa Malaysia Rejects Barakah's Application For Extension To Submit Regularisation Plan

KUALA LUMPUR, May 22 (Bernama) -- Bursa Malaysia had rejected Barakah Offshore Petroleum Bhd's application for a further extension of time to submit its regularisation plan.

SAMENTA: ASEAN Must Address Trade Barriers To Aid MSMEs

KUALA LUMPUR, May 22 (Bernama) -- ASEAN must take bold steps to address key trade challenges through enforceable agreements on reducing non-tariff barriers, expanding mutual recognition arrangements, and further operationalising the ASEAN Single Window for micro, small and medium enterprises (MSMEs).