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Malaysia agrees with oil production cuts by OPEC+

KUALA LUMPUR: Malaysia has agreed with the recent implementation of oil production cut of 2 million barrels per day by the Organisation of the Petroleum Exporting Countries and allies (OPEC+) with effect from November 2022.

Move up the value chain, Miti tells furniture makers

KUALA LUMPUR (Mar 4): The Ministry of International Trade and Industry (Miti) has urged Malaysian furniture makers to adopt new technology to produce more diverse and higher value-added products in the quest to stay competitive. Its Deputy Secretary-General (Trade) Mohd Ridzal Sheriff says Malaysia, currently the world's eighth largest furniture exporter, has seen its products successfully penetrate global hotel chains, international convention centres and world-class hospitals. "Malaysian furniture has become more visible to a wider group of users and the global acceptance is testimony to the quality of our furniture products," he added. Mohd Ridzal represented Miti minister Datuk Seri Mustapa Mohamed in delivering the opening speech at the Malaysian International Furniture Fair (MIFF) here today. He cautioned Malaysian companies against resting on their laurels, and instead, adopt newer technologies in production and move up the value chain from original equipment manu

Zetrix and MIMOS to Jointly Create the National Public Blockchain Infrastructure for Malaysia

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