Economic

PHB Positions Bumiputera Participation In Real Estate As Nation-building Catalyst

KUALA LUMPUR, Dec 22 (Bernama) -- Expanding bumiputera participation in commercial real estate is an important lever in Malaysia’s nation-building agenda, with Pelaburan Hartanah Bhd (PHB) acting as a key institutional platform to drive wealth creation and economic growth.

Ringgit Asia’s Best-performing Currency This Year, On Track To Strengthen Further In 2026 – Economists

By Siti Radziah Hamzah

KUALA LUMPUR, Dec 22 (Bernama) – The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by the United States Federal Reserve (Fed) provided pivotal support to the local currency.

Bank Islam Recognised As 2-Star Lister On UNGCMYB’s Inaugural ESG Select List 2025

KUALA LUMPUR, Dec 22 (Bernama) -- Bank Islam Malaysia Bhd has been recognised on the Environmental, Social and Governance (ESG) Select List 2025 by the UN Global Compact Network Malaysia and Brunei (UNGCMYB), earning a 2-Star Lister distinction for its exemplary achievements across the North Star ESG Target Setting, Future-Fit and Responsible Workforce categories.

Razorpay Curlec Eyes Next Growth Phase As Malaysia’s Digital Payments Market Matures

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 21 (Bernama) -- Razorpay Curlec Sdn Bhd is positioning itself for its next phase of growth as Malaysia’s digital payments market shifts from rapid adoption towards deeper integration, scale and cross-border capability, said country head and chief executive officer Kevin Lee.

Key Rail Infrastructure Projects Advance Across Malaysia In 2025

KUALA LUMPUR, Dec 21 (Bernama) -- Malaysia’s rail development recorded steady progress throughout 2025, marked by major milestones in national megaprojects, renewed cross-border ambitions, and intensified planning for long-term transport connectivity.

Bursa Malaysia Holds Firm On Valuations, Earnings Recovery Amid Global Turbulence

KUALA LUMPUR, Dec 21 (Bernama) -- Malaysia’s stock market rebounded and held steady towards year-end, underpinned by attractive valuations and a gradual earnings recovery, despite a turbulent global backdrop precipitated by US-imposed tariffs and a prolonged government shutdown that weighed on investor sentiment.

Habib Group Strengthens Presence Nationwide With Kangar Showroom Opening

KANGAR, Dec 20 (Bernama) -- Homegrown jewellery brand Habib has solidified its brand presence nationwide with the opening of its 37th showroom in Perlis yesterday at Kangar Jaya Mall here.

MATRADE Appoints Abu Bakar Yusof As CEO

KUALA LUMPUR, Dec 20 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has appointed Abu Bakar Yusof as chief executive officer effective today.

IMF Evaluation Reflects Malaysia's Strong Economic Fundamentals - Economists

By Anas Abu Hassan

KUALA LUMPUR, Dec 20 (Bernama) -- The International Monetary Fund’s (IMF) assessment on Malaysia's economy shows that the country's prudent macroeconomic and financial policies have played a critical role in anchoring growth, economists said.

IMF Assessment Reflects Malaysia’s Fiscal Discipline, Commitment To Reforms — Amir Hamzah

KUALA LUMPUR, Dec 19 (Bernama) -- The International Monetary Fund’s (IMF) assessment of Malaysia’s economic performance reflects the nation’s prudent fiscal management, strong domestic demand, and commitment to structural reforms under the MADANI Economy framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Anwar Welcomes IMF Assessment, Reaffirms Priority On Prudent Economic Management

KUALA LUMPUR, Dec 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has welcomed the International Monetary Fund’s (IMF) assessment of Malaysia’s economic performance, emphasising that the government’s priority remains ensuring economic stability is managed responsibly.

SumiSaujana To Expand Into Indonesia With Wet Gas Sulphuric Acid Facility 

From Zufazlin Baharuddin

JAKARTA, Dec 19 (Bernama) -- SumiSaujana Group Bhd (SumiSaujana) plans to expand its footprint into Indonesia after wholly owned subsidiary SumiSaujana TCM Chemicals Sdn Bhd (SSTCM) entered into a memorandum of understanding (MoU) to jointly explore the development of a wet gas sulphuric acid (WSA) facility at PT Kilang Pertamina Internasional’s (KPI) refinery units in Indonesia.