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FMM: Bank Negara's decision to hold OPR helps to contain costs

SUNGAI BULOH: Bank Negara Malaysia’s decision to leave the overnight policy rate (OPR) unchanged benefits the manufacturing sector and other industries as it helps to contain costs, said the Federation of Malaysian Manufacturers (FMM) president Tan Sri Soh Thian Lai.

Malaysia , Sungai-buloh , Malaysia-general- , Malaysian , Bank-negara-malaysia , Federation-of-malaysian-manufacturers , Business-conditions , Monetary-policy-committee , Malaysian-manufacturers , Tan-sri-soh-thian , Conditions-survey

A strategic partner for growth

PETALING JAYA: In a bid to deepen economic ties between Malaysia and China, both countries should prioritise Digital Economy Investment, Green Development Investment and Electric Vehicle (EV) Car Development, says Tan Sri Soh Tian Lai.

China , Petaling , Malaysia-general- , Malaysia , Chinese , Malaysian , Regional-comprehensive-economic-partnership , Green-development-investment , Federation-of-malaysian-manufacturers , Vehicle-ev-car-development , Digital-economy-investment

Refine business strategies amidst Red Sea crisis, FMM tells shippers

PETALING JAYA: Shipping exporters should refine business strategies amidst the unfolding crisis in the Red Sea, says the Federation of Malaysian Manufacturers (FMM).

Gaza , Israel-general- , Israel , Red-sea , Djibouti-general- , Djibouti , Petaling , Malaysia-general- , Malaysia , China , Malaysian , Chinese

Full Metal Minerals (CVE:FMM) Trading Up 71.4%

Shares of Full Metal Minerals Ltd. (CVE:FMM – Get Free Report) were up 71.4% during trading on Tuesday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 122,100 shares traded hands during mid-day trading, an increase of 185% from the average daily volume of 42,807 shares. The stock had previously […]

United-kingdom , Vancouver , British-columbia , Canada , British , Metal-minerals-stock , Metal-minerals-ltd , News-ratings-for-full-metal-minerals-daily , Metal-minerals , Similkameen-mining-division , Full-metal-minerals

Penang water cut: Factories staring at billions in losses

GEORGE TOWN: The manufacturing sector is staring at losses that could run into billions of ringgit due to the impending 96-hour water supply cut next month, while small businesses are worried about having to close shop.

Permatang-pauh , Pahang , Malaysia , Sungai-dua , Pulau-pinang , Malaysian , Idris-shah-osman , Bandar-perda , Datuk-lee-teong-li , Mohd-zaini-yahya , Zairil-khir-johari , Penang-water-supply-corporation

Progressive Wage Model pilot allows future fine-tuning, says FMM

PETALING JAYA: The introduction of the pilot Progressive Wage Model (PWM) will help gauge the weaknesses of the system and allow it to be refined, says the Federation of Malaysian Manufacturers (FMM).

Malaysia , Petaling , Malaysia-general- , Malaysian , Federation-of-malaysian-manufacturers , Cabinet-committee-on-progressive-wage-policy-implementation , Progressive-wage-model , Malaysian-manufacturers , Tan-sri-soh-thian-lai , White-paper , Special-cabinet-committee

FDI from Japan to exceed RM30bil this year - Tengku Zafrul

KUALA LUMPUR: The Ministry of Investment, Trade and Industry (MITI) expects foreign direct investment (FDI) from Japan to exceed RM30 billion this year, buoyed by continuous support from Japanese companies.

Japan , Malaysia , Kuala-lumpur , Japanese , Malaysian , Tengku-zafrul , Zafrul-abdul-aziz , Federation-of-malaysian-manufacturers , Japan-chamber , Ministry-of-investment , Tengku-datuk-seri-zafrul-abdul-aziz , Malaysia-japan-economic-dialogue

FMM gives the thumbs-up

Tan Sri Soh Thian Lai, president of Federation of Malaysian Manufacturers (FMM)

Malaysia , Malaysian , Coordination-action-committee , Federation-of-malaysian-manufacturers , Smes-under-bank-negara , European-union , Tan-sri-soh-thian , Malaysian-manufacturers , New-industrial-master-plan , Trade-coordination-action-committee , European-green-deal

Put measures in place to attract investments, say business groups

PETALING JAYA: Local manufacturers and employers call for strategic measures and government support in Budget 2024 to navigate challenges and attract high-quality investments.

Petaling , Malaysia-general- , Malaysia , Malaysian , Syed-hussain , Syed-hussain-husman , Malaysian-employers-federation , Federation-of-malaysian-manufacturers , Bank-negara , Malaysian-manufacturers , Tan-sri-soh-thian-lai , World-class-food-processing

Call to give matching ESG grants

PETALING JAYA: To accelerate environmental, social and governance (ESG) efforts among small and medium enterprises (SMEs), the government has been urged to allocate RM2bil for one-to-one matching grants.

China , Singapore , Petaling , Malaysia-general- , Malaysia , Indonesia , Thailand , Chinese , Malaysian , Datuk-koong-lin-loong , European-union , Services-tax