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Sab, Jul
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KUALA LUMPUR - Minister of International Trade and Industry Datuk Seri Mustapa Mohamed will lead a trade and investment mission to India and Sri Lanka from May 1-6 in a continuous effort to promote Malaysia as a profit and regional centre for businesses and investments.

Together with top officials of the Malaysia Investment Development Authority (MIDA), including its Deputy Chief Executive Officer II, Datuk Rajendran Narayanasamy, investment seminars will be held in New Delhi and Colombo.

Participating in the 44-member trade and investment mission are private sector companies comprising mainly small-and-medium-sized enterprises seeking opportunities in the two South Asian nations, which have long-standing business and cultural ties with Malaysia.

MIDA Executive Director Investment Promotion Arham Abd. Rahman said the companies are from the infrastructure, food and beverage, airways, information technology, manufacturing and services sectors.

Other than MIDA, officials from the Malaysia External Trade Development Corporation (MATRADE) and the Malaysia & India Business Council (MIBC) are also part of the mission.

The programme during the mission includes individual meetings

TOKYO - Japan remains Malaysia's biggest foreign investor in the manufacturing sector, apart from being the country's fourth largest trade partner up to last year.

"We were in turn Japan's eighth largest trade partner with a total value of US$33.59 billion," said Malaysia's Ambassador to Japan, Datuk Ahmad Izlan Idris.

He also said that in the first nine months of 2015, there were 52 projects involving investments of US$607.9 million approved for Japanese companies.

"At present, there are

MALAYSIA'S energy exports are tumbling, its prime minister is battling corruption allegations and corporate profits are weakening. With all that, the Southeast Asian nation is also home to the world’s most resilient bull market for stocks.

Overseas funds are piling in at the fastest pace in Southeast Asia. Kuala Lumpur’s benchmark equity gauge has more than doubled from its 2008 lows without succumbing to a 20 percent drop. Tan Ming Han says he knows its secret: the lowest volatility among the

KUALA LUMPUR - Malaysia Airlines Bhd (MAB) expects to start turning a profit by 2018, said Prime Minister Datuk Seri Najib Tun Razak (pic).

MAB had also managed to achieve an on-time performance rate of 95% for domestic flight take-off and landing, he said.

“Based on the commitment and focus of various strategies identified and executed under the MAS Recovery Plan (PPM), MAB should show an even more improved performance by then,” Najib, also Finance Minister, said in Parliament in reply to a

MUMBAI - Malaysia's ringgit led Asian currency gains after China strengthened the yuan's fixing by the most in seven sessions as appetite holds up for emerging-market assets.

A measure tracking the US dollar halted a six-day advance overnight, lending support to exchange rates in less-developed nations before Friday's jobs data, which may provide greater insight as to when the Federal Reserve is likely to make its next move to hike interest rates.

With Brent crude up about 48 per cent from

KUALA LUMPUR - Malaysia-Japan ties are underlined by the strong bilateral trade between the two countries, said Datuk Seri Dr Wee Ka Siong.

Noting that Japan was Malaysia’s fourth largest trading partner after China, Singapore and the United States, the Minister in the Prime Minister’s Department said that bilateral trade amounted to RM127.4bil last year.

He said this accounted for 8.72% of the country’s total global trade.

“There are about 1,400 Japanese companies operating in Ma­­laysia

KUALA LUMPUR - Economic problems from outside Malaysia will continue to affect the country, said Prime Minister Datuk Seri Najib Tun Razak.

He said there was still confidence in Malaysia’s economy, even with low commodity prices – such as oil – and a slowdown in emerging markets.

“We stand in good stead to deal with them because of the proactive steps we have taken,” he said at the launch of the Offshore Technology Conference Asia here.

Najib noted the difficulties in the global oil and gas

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