2d ago
KUALA LUMPUR, May 8 (Bernama) -- Hume Cement Industries Bhd’s net profit jumped to RM243.75 million in the third quarter ended March 31, 2026 (3Q 2026), from RM40.64 million in 3Q 2025, primarily due to a one-off gain on the disposal of a subsidiary during the quarter.
3d ago
KUALA LUMPUR, May 7 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent today reinforced expectations that the central bank will likely hold the rate throughout 2026, although investment banks and research houses caution that prolonged geopolitical tensions and higher oil prices could still alter the inflation outlook.
3d ago
KUALA LUMPUR, May 7 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent for a sixth consecutive Monetary Policy Committee (MPC) meeting reflects growing confidence in the resilience of Malaysia’s domestic economy despite mounting global uncertainties, economists said.
3d ago
KUALA LUMPUR, May 7 (Bernama) -- Polyolefins producer Lotte Chemical Titan Holdings Bhd (LCT) reduced its net loss to RM122.70 million in the first quarter ended March 31, 2026 (1Q FY2026) from RM125.67 million in the year-ago quarter.
3d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 7 (Bernama) -- Bursa Malaysia closed marginally higher today, supported by continued buying in banking heavyweights following Bank Negara Malaysia’s decision to maintain the overnight policy rate (OPR) at 2.75 per cent.
3d ago
CEBU (Phillippines), May 7 (Bernama) -- ASEAN needs to work towards a practical framework for oil stockpiling to enhance the region’s long-term energy security and preparedness, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.
4d ago
KUALA LUMPUR, May 6 (Bernama) -- Bursa Malaysia closed higher today as easing West Asia tensions lifted overall market sentiment and encouraged a broader risk-on tone across regional equities, said an analyst.
4d ago
KUALA LUMPUR, May 6 (Bernama) -- Malaysia’s general insurance industry recorded gross written premium (GWP) of RM24.2 billion in 2025, representing a 4.8 per cent increase from RM23.1 billion in 2024, driven mainly by continued expansion in the motor and fire insurance segments, according to the General Insurance Association of Malaysia (PIAM).
5d ago
By Karina Imran
KUALA LUMPUR, May 5 (Bernama) -- Bursa Malaysia reversed earlier losses to end higher on Tuesday as buying interest gained momentum in the afternoon session, said an analyst.
5d ago
By Karina Imran
KUALA LUMPUR, May 5 (Bernama) -- Bursa Malaysia opened lower on Tuesday, mirroring Wall Street’s decline as renewed geopolitical tensions in West Asia dampened investor sentiment, an analyst said.
6d ago
KUALA LUMPUR, May 4 (Bernama) -- Malaysia’s gross domestic product (GDP) growth is likely to moderate to 4.2 per cent this year, compared with 5.2 per cent in 2025, driven by growing domestic demand alongside still-resilient external demand, according to MBSB Investment Bank Bhd (MBSB IB).
6d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, May 4 (Bernama) -- The ringgit strengthened against regional peers at the close as investors’ risk appetite improved, underpinned by growing confidence in safe passage through the Strait of Hormuz.