Singapore Upgrades 2025 GDP Growth Forecast To 1.5 To 2.5 Pct

SINGAPORE, Aug 12 (Bernama) --  Singapore has upgraded its 2025 gross domestic product (GDP) growth forecast to 1.5 to 2.5 per cent to reflect the better-than-expected performance of the country’s economy in the first half of 2025 (1H 2025).

Petronas Targets More LNG Projects In Canada Given Its Large Gas Reserves

KUALA LUMPUR, Aug 11 (Bernama) -- Petroliam Nasional Bhd (Petronas) is very keen to expand its presence in Canada as the country is now one of its major liquefied natural gas (LNG) suppliers, said executive vice president and chief executive officer of upstream business Mohd Jukris Abdul Wahab.

MBSB Keeps 'Neutral' Call On Banking Sector As Headwinds Persist

KUALA LUMPUR, Aug 11 (Bernama) -- MBSB Investment Bank Bhd has maintained a “neutral” call on the banking sector as headwinds persist, while tailwinds vary on a case-by-case basis, with the market continuing to watch this week’s key economic data release.

MBSB expected a drag from net interest margin compression, with non-inte

Foreign Investors Turn Net Buyers Of US$996 Mln In Asian Markets Last Week - MBSB Investment

KUALA LUMPUR, Aug 11 (Bernama) -- Foreign investors turned net buyers in Asian markets last week, reversing the previous week’s outflow, recording an inflow of US$996 million (US$1=RM4.23), with Taiwan recording the highest purchases in the region.

Bursa Opens Higher, Tracking Wall Street's Rally Last Friday

KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia opened higher today, tracking Wall Street’s rally last Friday, which was led by gains in Apple shares following the announcement of its planned investments in the United States (US). 

ASEAN Ready To Upgrade FTA With Japan

OSAKA (Japan), Aug 9 (Bernama) -- ASEAN has expressed its readiness to upgrade its free trade agreement (FTA) with Japan, signalling a desire to bring the decades-old pact into the modern economic era.

CPO Futures End Higher On Slower Production Outlook

By K.Naveen Prabu

KUALA LUMPUR, Aug 8 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, rebounding from earlier losses on expectations of a slower production pace in the coming weeks.

WORQ Expands TOD Co-working Spaces Amid Hybrid Work Boom

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 8 (Bernama) -- The growing shift towards hybrid and flexible working arrangements are driving demand for accessible, well-equipped co-working spaces in Malaysia’s urban centres. 

Rubicon Closes First Round For Opportunistic Fund II, Eyes Bay Area Rebound

KUALA LUMPUR, Aug 8 -- Rubicon Point Partners (Rubicon) has announced the first closing of its Rubicon Point Fund II, a real estate investment vehicle targeting special situation opportunities across the West Coast of the United States, with a strategic focus on the San Francisco Bay Area.

Bursa Opens Nearly Flat On Lingering US Tariff Worries

KUALA LUMPUR, Aug 8 (Bernama) -- Bursa Malaysia opened nearly flat on Friday after a mixed overnight performance on Wall Street, as investors turned cautious over the impact of US President Donald Trump’s tariffs.

Budget 2026 Aligned With First Year Of 13MP — Anwar

 PUTRAJAYA, Aug 7 (Bernama) -- Budget 2026, to be tabled this October, will be aligned with the implementation of the first year of the 13th Malaysia Plan (13MP) to ensure the country’s development trajectory is consistent with the medium-term policy framework introduced earlier.

Risk Mitigation Plan Crucial To Prevent Further Aerotrain Breakdowns - Economist

By Kisho Kumari Sucedaram

KUALA LUMPUR, Aug 6 (Bernama) -- Aerotrain services at Kuala Lumpur International Airport (KLIA) resumed operations on July 1 after a 28-month suspension, with the promise of improving connectivity, facilitating smoother passenger movement between terminals, and eliminating disruptions.