Malaysia

The prime minister says under his leadership, Malaysia is committed to making it easier to do business in the country.

JEDDAH: Datuk Seri Anwar Ibrahim has invited the business community in Saudi Arabia to invest more in Malaysia now that Malaysia is under a stable ...

"We have had some form of investments in infrastructure (from Saudi Arabia in Malaysia)...and it is also amazing (that Malaysia) with a small economy compared to Saudi Arabia, has investments in Saudi. "We will of course encourage you to invest in these things, as I mentioned what our priorities are...for digital technology, food security, and of course, infrastructure in the country and we look forward to your active participation in Malaysia,” he told them. Talking to hundreds of Saudi and Malaysian businessmen here, the Prime Minister said the new government under his leadership was committed to making it easier to do business in the country with reforms that support business and the Madani agenda.

JEDDAH, March 24 — Prime Minister Datuk Seri Anwar Ibrahim grabbed the opportunity to break fast with some 200 Malaysians residing here on the first day of ...

“It so happened that we get to celebrate Ramadan and also mingle with all of you. Earlier yesterday, Anwar had a chance to meet the local and Malaysian business community at the Islamic Development Bank headquarters here and called on the business community in Saudi Arabia to invest more in Malaysia now that it is under a stable government with clear policies. The prime minister, who is on a three-day official visit to Saudi Arabia, arrived at the Consulate General of Malaysia here at about 6pm local time.

JEDDAH (March 23): Prime Minister Datuk Seri Anwar Ibrahim has called on the business community in Saudi Arabia to invest more in Malaysia now that Malaysia ...

RIYADH: Dr. Mohammed Sulaiman Al-Jasser, president of the Islamic Development Bank Group, has met Malaysia's Prime Minister Anwar Ibrahim and his ...

Riyadh also spearheaded the G20’s “Dialogue on Water,” which this year, under India’s presidency, will take place for the fourth time. He said Saudi Vision 2030, the Kingdom’s ambitious development agenda, was launched as part of the country’s efforts to build a more sustainable economy in line with the UN’s sustainability goals, and to pave the way for a better future “by diversifying the economy, reducing the state’s dependence on oil and developing the public sector to be more dynamic, flexible and sustainable.” They said the Kingdom is working to provide safe and affordable drinking water for all by developing ways to recycle and manage water resources in an integrated manner that reduces the environmental impact, and expressed confidence that it is on the right path to achieve the global goal of safe water for all.

JEDDAH: Prime Minister Datuk Seri Anwar Ibrahim has witnessed the signing of three Memoranda of Understanding (MoUs) between Malaysia and Saudi Arabia...

Meanwhile, Sheikh Mohammed Yousuf described Malaysia as an inspiration for reform, adding that the Saudi business community was encouraged by the political stability in Malaysia and was ready to take their ventures to the next level. The prime minister was also briefed by Malaysian businessmen about their extensive involvement in the futuristic city of Neom, Saudi Arabia’s latest mega project, and the various opportunities awaiting industry players from Malaysia. During the one-hour meeting, the prime minister assured Saudi Arabia’s captains of industry that they can now expect political stability in Malaysia and a more dynamic approach to business from the current government.

KUALA LUMPUR: Malaysia's inflation rate in February 2023 remained at 3.7%, led higher by growing costs in food and hospitality.

The increase of the average price of Unleaded petrol RON97 eased to 4.4% (RM3.35 per litre) as compared to 9.5% recorded in January 2023 (RM3.35 per litre). There was a slower increase in the food away from home component of 8.9% as compared with 9.3% in January. Meanwhile, transport inflation slowed to 3.7% in February as compared with 4% in January. "As a result of the transition of the monsoon, the inflation for the vegetables subgroup has recorded a significant increase of 5.8% as compared to 1% in January 2023," said Mohd Uzir. This was partially mitigated by the slower increase in the transport group, which was 3.7% as compared with 4% in January. In addition, the increase in Malaysia’s inflation was also due to the increase in furnishings, household equipment and routine household maintenance (3.4%); miscellaneous goods and services (2.5%) and health (1.8%).

KUALA LUMPUR (March 24): Malaysia's Consumer Price Index (CPI) for February 2023 remained unchanged at 129.8 or 3.7%, said the Department of Statistics ...

In addition, the restaurants and hotels group also recorded an increase of 7.4%, followed by transport (6.2%), furnishings, household equipment and routine household maintenance (3.4%), and housing, water, electricity, gas and other fuels (1.9%). The highest increase was recorded by the food and non-alcoholic beverages group at 7.6%, he said. Mohd Uzir added that core inflation, which measures changes in the prices of all goods and services (excluding volatile prices of fresh food, as well as government-controlled prices of goods), registered a slower increase of 3.9% y-o-y in February 2023. “The increase in Malaysia’s inflation was also due to the increase in furnishings, household equipment and routine household maintenance (+3.4%); miscellaneous goods and services (+2.5%) and health (+1.8%),” he said. He said the food at home component, which made up almost 58% of the food and non-alcoholic beverages group, recorded a higher increase of 5.8%, compared with 5.1% in January 2023. In a statement on Friday (March 24), chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the increase in Malaysia’s inflation in February 2023 was still driven by restaurants and hotels (+7.4%) and food and non-alcoholic beverages (+7.0%).

[KUALA LUMPUR] Malaysia's inflation rate held steady at 3.7 per cent in February, due to increasing costs of food and hospitality, said the Department of ...

PETALING JAYA: Increases in the prices of several items such as food and beverages, household essentials and health products continue to drive the inflation ...

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Malaysia will soon welcome another Chinese electric vehicle (EV) brand called Neta. A brand under Hozon Auto, Neta currently offers three models in its home ...

While pricing for the Neta V in Thailand is already mentioned above, in China, the model sells for between 83,800 and 96,900 yuan (RM54,152 and RM62,617). Under specific conditions, the Neta S is even touted to offer up to 1,160 km on a full charge – these figures are again following the CLTC standard. In terms of pricing, the Neta U-II retails for between 135,800 and 165,800 yuan (RM87,746 and RM107,130) in China. Last but not least, there’s the Neta S, which is the first to be built on the company’s Shanhai platform. For some context, the current Toyota Yaris sold in Malaysia is 4,140 mm long, 1,730 mm wide, 1,475 mm tall and its wheelbase spans 2,550 mm. No driver assistance systems like autonomous emergency braking are offered in Thailand, although there is auto brake hold, hill start assist, hill descent control, a tyre pressure monitor and passive cruise control on top of the usual passive safety systems.

JEDDAH, Saudi Arabia: Prime Minister Datuk Seri Anwar Ibrahim wants the Arab world to know that Malaysia, with its robust reforms, is the place for them to ...

KUALA LUMPUR, March 24 — Malaysia's Consumer Price Index (CPI) for February 2023 remained unchanged at 129.8 or 3.7 per cent, said the Department of ...

In addition, the restaurants and hotels group also recorded an increase of 7.4 per cent, followed by transport (6.2 per cent), furnishings, household equipment and routine household maintenance (3.4 per cent) and housing, water, electricity, gas and other fuels (1.9 per cent). He said the food at home component, which made up almost 58 per cent of the food and non-alcoholic beverages group, recorded a higher increase of 5.8 per cent compared with 5.1 per cent in January 2023. Mohd Uzir added that core inflation, which measures changes in the prices of all goods and services (excluding volatile prices of fresh food as well as government-controlled prices of goods), registered a slower increase of 3.9 per cent y-o-y in February 2023. “The increase in Malaysia’s inflation was also due to the increase in furnishings, household equipment and routine household maintenance (+3.4 per cent); miscellaneous goods and services (+2.5 per cent) and health (+1.8 per cent),” he said. In a statement today, chief statistician Datuk Seri Mohd Uzir Mahidin said the increase in Malaysia’s inflation in February 2023 was still driven by restaurants and hotels (+7.4 per cent) and food and non-alcoholic beverages (+7.0 per cent). Nevertheless, the slower increase in the transport group (+3.7 per cent) compared with January 2023’s 4.0 per cent had offset a further rise in inflation to a certain extent, he said.

JEDDAH, March 23 ― Prime Minister Datuk Seri Anwar Ibrahim has called on the business community in Saudi Arabia to invest more in Malaysia now that Malaysia ...

Anwar said this in his keynote address at a gathering with the Saudi and Malaysian business communities at the Islamic Development Bank headquarters here today. Talking to hundreds of Saudi and Malaysian businessmen, he said the new government under his leadership is committed to making it easier to do business in the country with reforms that support business and the Madani agenda. “We will of course encourage you to invest in these things as I mentioned what our priorities are...for digital technology, food security, and of course, infrastructure in the country and we look forward to your active participation in Malaysia,” he told them.

KUALA LUMPUR: The Malaysian women's basketball team is good for a medal, but not their men's counterparts, in the Phnom Penh Sea Games in May.

Malaysian Prime Minister Anwar Ibrahim has called on Saudi Arabian business community to invest more in Malaysia as the latter is under a stable government ...

Anwar is on a visit to Saudi Arabia from March 22-24. All their necessary support will make a lot of difference for the Muslim world and hence promote more vibrant economies, he added. Talking to Saudi and Malaysian businesspeople on March 23, he said the new government under his leadership is committed to making it easier to do business in the country with reforms that support business and the Madani agenda.

KUALA LUMPUR: A total of 800 Indonesian domestic workers have entered Malaysia via the One Channel System until Jan 20. The Human Resources Ministry (...