Azizan Abdul Aziz Named Bursa Malaysia's Islamic Capital Market Director

KUALA LUMPUR, May 1 (Bernama) -- Bursa Malaysia Bhd has appointed Azizan Abdul Aziz as director of its Islamic capital market (ICM) effective today.

Penang Maintains Position As "Export Engine", Contributes 45 Pct To National Exports

GEORGE TOWN, May 1 (Bernama) -- Penang’s economy is on a very strong footing as it moves into the second quarter of 2026, and the state continues to maintain its position as Malaysia’s “Export Engine,” contributing nearly 45 per cent to total national exports.

Grab Granted Cross-border Ride-hail Service Operator Licence

KUALA LUMPUR, April 30 (Bernama) -- Southeast Asia’s top ride-hailing and delivery firm Grab has been granted the first Cross-Border Ride-Hail Service Operator Licence (CRSOL), which allows operators to provide cross-border services through their ride-hail platforms.

Kenanga Investment Bank Maintains 2026 Loan Growth Forecast At 5.0-5.5 Pct

KUALA LUMPUR, April 30 (Bernama) -- Kenanga Investment Bank Bhd has maintained its 2026 loan growth forecast at 5.0 per cent to 5.5 per cent, supported by steady household demand as well as supportive labour market. 

Fraser & Neave 2Q Net Profit Down To RM96.27 Mln Vs RM140.33 A Year Ago

KUALA LUMPUR, April 30 (Bernama) -- Fraser & Neave Holdings Bhd’s (F&N) net profit for the second quarter ended March 31, 2026 (2Q 2026) eased to RM96.27 million versus RM140.33 million a year ago.

Ringgit Closes Lower On Volatile Oil Prices, Latest Fed Decision

By Abdul Hamid A Rahman

KUALA LUMPUR, April 30 (Bernama) -- The ringgit eased against most currencies, including the US dollar, as investors shifted towards safe-haven assets amid concerns over volatile crude oil prices.

KLCI Futures Close Mostly Lower Amid Steady Cash Market

KUALA LUMPUR, April 30 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed mostly lower in contrast with the steady performance of the cash market.

IOI Properties Poised To Enter FBM KLCI In June Review -- CIMB Securities

KUALA LUMPUR, April 30 (Bernama) -- IOI Properties Group Bhd is likely to replace Sime Darby Bhd as one of FTSE Bursa Malaysia’s (FBM KLCI) 30 constituents in the upcoming semi-annual review by FTSE Russell and Bursa Malaysia, according to an analyst.

KPS Consortium's Subsidiary To Acquire Rawang Industrial Assets For RM45.5 Mln

KUALA LUMPUR, April 30 (Bernama) -- KPS Consortium Bhd’s (KPSCB) wholly-owned subsidiary, KPS Plywood Sdn Bhd, has entered into three separate sale and purchase agreements with Nautical Wealth Sdn Bhd (in liquidation) to acquire several properties in Rawang, Selangor, for RM45.5 million.

Late Buying Lifts Bursa Malaysia As Oil Prices Support Energy Counters

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 30 (Bernama) -- Last-minute buying lifted Bursa Malaysia’s benchmark index, reversing earlier losses as higher oil prices boosted sentiment for energy- and chemical-related counters.

Operating Expenditure Adjustments Will Not Affect Frontliners -- Amir Hamzah

By Siti Noor Afera Abu

KUALA LUMPUR, April 30 (Bernama) -- Operating expenditure adjustments being implemented by the government will not affect frontline personnel or the delivery of basic services to the public, as they will only involve non-critical expenditures, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

HSBC Expects BNM To Hold OPR At 2.75 Pct In May

KUALA LUMPUR, April 30 (Bernama) -- The Hongkong and Shanghai Banking Corporation Ltd (HSBC) has forecast that Bank Negara Malaysia (BNM) would hold its Overnight Policy Rate (OPR) steady at 2.75 per cent in May as Malaysia's economic data remains resilient.