Oceancash Pacific To Acquire PCCCSB For RM13.42 Mln

KUALA LUMPUR, Sept 10 (Bernama) -- Oceancash Pacific Bhd (OPB) has entered into a conditional share sale agreement (SSA) with Paragon Union Bhd to acquire Paragon Car Carpets & Components Sdn Bhd (PCCCSB) for RM13.42 million.

Malaysia's Banking Sector Resilient Amid Trade Tension, Slower Growth - S&P Global 

KUALA LUMPUR, Sept 10 (Bernama) -- Malaysia's banking sector is well-positioned to navigate trade tensions and softer growth, driven by a strong labour market and stable household finances, said S&P Global Ratings. 

Ringgit Seen At 4.08 By End-2025 On Reforms, Stability - Kenanga IB

KUALA LUMPUR, Sept 10 (Bernama) -- The ringgit is projected to strengthen to 4.08 against the US dollar by year end, underpinned by Malaysia’s macroeconomic stability, ongoing reforms and investor rotation out of US assets, Kenanga Investment Bank (IB) Bhd said.

Fitch Lifts World Growth Outlook, Warns Of US Slowdown

KUALA LUMPUR, Sept 10 (Bernama) -- Fitch Ratings has lifted its global growth forecast for 2025 to 2.4 per cent from 2.2 per cent, citing stronger-than-expected second-quarter data, but said evidence of a United States (US) slowdown is mounting.

Stocks On Bursa Malaysia Mixed At Lunch Break

KUALA LUMPUR, Sept 9 (Bernama) -- Stocks on Bursa Malaysia turned mixed at lunch break, with the key index losing 0.11 per cent while the wider market remained in positive territory, with investors focused on the US Federal Reserve’s rate-cut trajectory.

Rubber Market Ends Higher On Steady Crude Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Sept 8 (Bernama) -- The Malaysian rubber market closed higher on Thursday, supported by steady benchmark crude oil prices amid concern over natural rubber supply shortage due to rainy weather in major producing countries, said a dealer.

Economy Remains Strong As OPR Unchanged At 2.75 Pct

KUALA LUMPUR, Sept 8 (Bernama) -- Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour on the Overnight Policy Rate (OPR). 

Zakat Microfinancing: Alliance Islamic Bank Eyes Expansion Of AZAM Programme Nationwide

KUALA LUMPUR, Sept 8 (Bernama) -- Alliance Islamic Bank Bhd plans to expand its Zakat Microfinancing Programme (AZAM) nationwide after the initiative showed positive outcomes in improving the livelihood of asnaf micro entrepreneurs.

Nagasaki Ceramics Company Keen To Expand In Malaysia

NAGASAKI (Japan), Sept 7 (Bernama) – Maruhiro Inc., a ceramics trading company based in the Nagasaki prefecture, Japan, is keen to expand to Malaysia.

ASEAN’s Diversity Key To Trade Resilience -- Economist

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 6 (Bernama) -- ASEAN is on the right track in terms of trade, growth and investment, with intra-bloc diversity underpinning resilience, said Prof Dr Peter Mayer, adjunct professor of International Economics at University Polytech Malaysia and Osnabrück University of Applied Sciences.

BNM Expected To Hold OPR At 2.75 Pct Through Remainder Of 2025, Say Analysts

KUALA LUMPUR, Sept 4 (Bernama) -- Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 2.75 per cent through the remainder of 2025, assuming that Malaysia's economic growth stays within the official 4.0-4.8 per cent range and inflation remains contained, said an investment bank. 

BNM Keeps OPR Steady, Signals Confidence In Economy – Economist

By Karina Imran

KUALA LUMPUR, Sept 4 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to keep the overnight policy rate (OPR) unchanged signals confidence that the current economic environment is conducive to supporting growth without risking overheating or financial imbalances, said an economist.