Continental To Cease Tyre Production At Alor Setar Plant By Year-end

KUALA LUMPUR, April 28 (Bernama) -- Continental will shut down its tyre manufacturing operations at its Alor Setar plant by the end of 2025.

Innovative Funding Mechanisms Can Accelerate ASEAN's Transition Towards Low-carbon Economy - Amir Hamzah

KUALA LUMPUR, April 7 (Bernama) -- Innovative funding mechanisms are vital for ASEAN to accelerate its transition towards a low-carbon economy, while strengthening climate resilience, in a just, inclusive and orderly way, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Ringgit Up 0.8 Pct Vs US Dollar In First Three Months Of 2025 -- MIDF

KUALA LUMPUR, April 2 (Bernama) -- The ringgit appreciated against the US dollar by 0.8 per cent year-to-date in the first three months of this year, said MIDF Amanah Investment Bank Bhd. 

Malaysia's Economic Momentum To Be Sustained In 2025 -- HLIB

KUALA LUMPUR, April 2 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) continues to expect Malaysia’s economic momentum to be sustained in 2025, driven mainly by domestic demand.

Gamuda Shares Rise On Robust Domestic Construction Growth

KUALA LUMPUR, March 27 (Bernama) -- Shares of Gamuda Bhd rose in early trade today, supported by stronger financial performance in the second quarter ended Jan 31, 2025 (2Q FY2025), driven by robust growth in domestic construction activities.

Bank Deposits Growth Slows To 3 Percent In 2H 2024 On Rising Costs, Debt Repayment - BNM

KUALA LUMPUR, March 24 (Bernama) -- Banking system deposits grew at a slower pace of three per cent in the second half of 2024 (2H 2024), driven by the slower growth of deposits from resident businesses, partly due to higher costs and debt repayment.

Gold Is On Fire; Will The Price Hit US$5,000 By Year-end?

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 23 (Bernama) -- Gold price is on fire! The precious metal continues to defy expectations, repeatedly smashing record highs as investors seek refuge from global economic turbulence.

CCOB Aims To Have Consumer Credit Bill 2025 Gazetted By Year-end

By Zairina Zainudin

KUALA LUMPUR, March 21 (Bernama) -- The Consumer Credit Oversight Board (CCOB) task force aims to have the Consumer Credit Bill 2025 gazetted by the end of this year, said Bank Negara Malaysia Assistant Governor Abu Hassan Alshari Yahaya.

Hanoi Re Credit Ratings Affirmed Good - AM Best

KUALA LUMPUR, March 21 (Bernama) -- AM Best has affirmed Hanoi Reinsurance Joint-Stock Corporation’s (Hanoi Re) financial strength rating (FSR) of B++ (Good), the long-term issuer credit rating (Long-Term ICR) of “bbb” (Good), and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional).

Excellent Credit Ratings Assigned To China Taiping Insurance (Macau) - AM Best

KUALA LUMPUR, March 21 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of China Taiping Insurance (Macau) Company Limited (CTIM).

Automotive Sector TIV Rises 31 Pct To 63,906 Units In February -- MAA

KUALA LUMPUR, March 19 (Bernama) -- The automotive total industry volume (TIV) recovered in February, increasing 31 per cent month-on-month to 63,906 units compared to 48,732 units in January, the Malaysian Automotive Association (MAA) reported.

MADANI Digital Trade: A Game Changer For SMEs To Benefit From Technologies -- Tengku Zafrul 

KUALA LUMPUR, March 13 (Bernama) -- The MADANI Digital Trade (MDT) could be a game changer, enabling small and medium enterprises (SMEs) to benefit from technologies such as big data and analytics, cloud computing and artificial intelligence.