Bank Islam, PAAB Ink MoU To Channel RM100 Mln Financing For Contractors

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Islam Malaysia Bhd has inked a memorandum of understanding (MoU) with Pengurusan Aset Air Bhd (PAAB) to provide RM100 million financing to PAAB contractors in 2026.

No Immediate Need To Reduce OPR, Malaysia's Economic Outlook Remains Resilient - Analysts

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) has room to reduce the overnight policy rate (OPR), but there is no immediate urgency to do so given the country’s resilient economic outlook, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid. 

Government Rules Out Ring-Fencing Policy For Rural Welfare, Infrastructure -- Lim

KUALA LUMPUR, Nov 6 (Bernama) -- The government has no plans to introduce a ring-fencing policy to set a protected minimum allocation for rural welfare and infrastructure programmes such as roads, clinics and hospitals, Deputy Finance Minister Lim Hui Ying said.

Urgent Action Needed To Address Intensifying Climate Change Effects - Sultan Nazrin

KUALA LUMPUR, Nov 6 (Bernama) -- Scientific and financial resources must be urgently directed towards understanding and addressing the effects of climate change, as extreme weather events are no longer rare but recurring and intensifying, said the Sultan of Perak, Sultan Nazrin Shah.

Maintaining OPR At 2.75 Pct Provides Better Predictability In Borrowing Costs - Economist

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 5 (Bernama) -- Maintaining the Overnight Policy Rate (OPR) at 2.75 per cent would provide better predictability in borrowing costs, allowing Malaysians to plan capital expenditures and asset purchases with confidence, said an economist. 

Residential Property Demand In Negeri Sembilan Continues To Increase Strongly -- REHDA

SEREMBAN, Nov 4 (Bernama) -- Demand for residential properties in Negeri Sembilan continues to increase strongly, driven by economic stability and high consumer confidence.

RON95 Subsidy Takes Longer Time To Ensure Careful Execution, Avoid Affecting The People -- MOF

KUALA LUMPUR, Nov 3 (Bernama) -- The government is taking a longer time to implement the RON95 fuel subsidy rationalisation compared to other subsidies to ensure that the implementation is carried out carefully and does not negatively affect the people.

Curia Unveils Third ESG Report, Reinforces Commitment To Sustainability, Integrity

KUALA LUMPUR, Oct 31 (Bernama) -- Curia Global Inc (Curia), a leading contract research, development and manufacturing organisation, has released its third Environmental, Social and Governance (ESG) report, underscoring its deepening commitment to responsible innovation and sustainable growth.

Ringgit Opens Flat Vs Greenback As Markets Digest Fed’s Hawkish Rate Cut

 KUALA LUMPUR, Oct 31 (Bernama) -- The ringgit opened almost flat against the US dollar as traders and investors reacted to the US Federal Reserve (Fed)’s unexpectedly hawkish interest rate cut on Thursday, an analyst said.

Ringgit Retreats After Five-day Rally Amid Mixed Fed Signals

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit retreated against the US dollar at Thursday’s close after a five-day rally as traders and investors locked in profits amid mixed signals from the US Federal Reserve (Fed) on the pace of future interest rate cuts.

Over RM1.8 Bln In Investments Recorded Under Automation Capital Allowance - MITI

KUALA LUMPUR, Oct 27 (Bernama) -- The Automation Capital Allowance (Automation CA) has recorded additional investments worth over RM1.8 billion by companies implementing automation operations as of May 31 this year. 

Sunway Malls Champions Sustainability Movement

KUALA LUMPUR, Oct 24 (Bernama) -- Sunway Malls is stepping up its sustainability agenda with the introduction of Malaysia’s first food digester and the attainment of international SIRIM certifications, underscoring its commitment to environmental, social and governance (ESG) values.