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Selangor's GDP Grows To RM460.1 Bln In 2025, Raising Its National Contribution To 26.5 Pct

SHAH ALAM, July 2 (Bernama) -- Selangor recorded strong economic growth in 2025 with its gross domestic product (GDP) expanding by RM28 billion from the preceding year to hit RM460.1 billion.

Belgium Seeks To Collaborate With Malaysia On Offshore Energy - Belgian DPM

By Siti Radziah Hamzah

KUALA LUMPUR, July 2 (Bernama) -- Belgium is keen to strengthen collaboration with Malaysia in offshore energy, leveraging its expertise in offshore energy as both countries pursue the green energy transition.

MEUFTA To Unlock Greater Trade Opportunities — Belgium DPM

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 2 (Bernama) — Belgium is hopeful that the Malaysia-European Union (EU) Free Trade Agreement (MEUFTA) would unlock greater new trade opportunities, strengthen economic growth, and create jobs.

Malaysia To Repurpose Retiring Coal Plants Into RE Hubs - DPM Fadillah

KUALA LUMPUR, July 2 (Bernama) -- Malaysia plans to repurpose sites of retiring coal-fired power plants into renewable energy (RE) hubs and battery energy storage facilities under a proposed National Coal Site Repurposing Framework, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Weststar, Rocket Technologies International Collaboration To Generate Over US$10 Bln Commercial Potential

CANBERRA, July 1 (Bernama) -- The strategic joint venture agreement (JVA) between Weststar Group and Australia's Rocket Technologies International Pty Ltd is expected to contribute significantly to bilateral trade and economic growth between Malaysia and Australia, with long-term commercial potential estimated at over US$10 billion (US$1 = RM4.08) through future aerospace, defence, satellite, and advanced technology programmes. 

JS-SEZ To Benefit From Collaboration With Italy, European Partners - Akmal Nasrullah

KUALA LUMPUR, July 1 (Bernama) -- Collaboration with Italy and other European partners will play an important role in supporting the Johor-Singapore Special Economic Zone (JS-SEZ), said Economy Minister Akmal Nasrullah Mohd Nasir.

Ant International's KL Hub To Create Jobs, Boost Local Capabilities -- PM Anwar

KUALA LUMPUR, July 1 (Bernama) -- Ant International’s decision to establish its Global Operations Centre in Kuala Lumpur will help create jobs and strengthen local capabilities, Prime Minister Datuk Seri Anwar Ibrahim said, as Malaysia seeks to position itself as a regional hub for digital technology and artificial intelligence (AI).

MIDA Inked Five MoUs With Organisations From Four Countries In 2023-2025 -- MITI

KUALA LUMPUR, June 29 (Bernama) -- The Malaysian Investment Development Authority (MIDA) signed five foreign investment-related memoranda of understanding (MoUs) with organisations from China, Saudi Arabia, Japan, and Türkiye between 2023 and 2025.

Govt Intensifies Measures To Mitigate Global Supply Crisis

KUALA LUMPUR, June 29 (Bernama) -- The government has implemented or is in the process of carrying out 120 decisions made by the National Economic Action Council (MTEN) to mitigate the impact of the global supply crisis, Economy Minister Akmal Nasrullah Mohd Nasir said.

Abaxx Exchange Trading Volume Jumps 582 Pct In Second Year

KUALA LUMPUR, June 29 (Bernama) -- Abaxx Technologies Inc (Abaxx) announced that Abaxx Exchange has surpassed one million futures contracts traded year-to-date as it marked the second anniversary of the Singapore-based commodity exchange.

Malaysia, Switzerland Conclude Second Round Of Double Taxation Agreement Talks

KUALA LUMPUR, June 27 (Bernama) -- Malaysia's Ministry of Finance (MOF) and Switzerland's State Secretariat for International Finance have successfully concluded the second round of renegotiations of the Agreement for the Elimination of Double Taxation with Respect to Taxes on Income between the two countries.

MIGHT Unveils Groundbreaking Mini Sandbox To Advance Malaysia's Low Altitude Economy

KUALA LUMPUR, June 26 (Bernama) -- The Malaysian Industry-Government Group for High Technology (MIGHT) demonstrated a first-of-its-kind Low Altitude Economy (LAE) Mini Sandbox as part of efforts to advance Malaysia's capabilities in advanced air mobility and unmanned aviation technologies.