1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, April 5 (Bernama) -- The gas pipeline fire incident at Putra Heights has significantly impacted the operations of approximately 200 industrial facilities in the Klang Valley, spanning various manufacturing sub-sectors and company sizes.
1y ago
By Yin Shao Loong
KUALA LUMPUR, April 4 (Bernama) -- The April 2 tariffs unveiled by United States (US) President Donald Trump have shocked the world and represent a departure from the globalisation policy of previous US administrations.
1y ago
KUALA LUMPUR, April 2 (Bernama) -- The ringgit opened higher against the US dollar today as the greenback weakened on a softening US economic outlook and amid uncertainties over reciprocal tariffs scheduled to be announced by the United States later today, said an analyst.
1y ago
KUALA LUMPUR, March 26 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) expects Islamic financing to expand at a steady eight per cent growth rate in 2025 despite global challenges and uncertainties.
1y ago
KUALA LUMPUR, March 25 (Bernama) -- The 5.1 per cent growth in the gross domestic product (GDP) in 2024, which surpassed the government's initial forecast and independent analysts expectations, proves that economic reforms have started to show early results.
1y ago
KUALA LUMPUR, March 24 (Bernama) – Bank Negara Malaysia (BNM) said its long-standing policy of decentralising international reserves had led to the accumulation of sizeable non-reserve external assets, strengthening Malaysia’s external position.
1y ago
KUALA LUMPUR, March 24 (Bernama) -- The overall profitability of life insurance and family takaful funds declined in the second half of 2024 (2H 2024) to RM4.1 billion compared to 1H 2024’s RM8.4 billion due to weaker investment performance and larger net underwriting losses.
1y ago
KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) is expected to submit its proposal to review levies of fees from intermediaries by the end of March to the Finance Ministry (MoF), said SC executive chairman Datuk Mohammad Faiz Azmi.
1y ago
KUALA LUMPUR, March 20 (Bernama) -- Total committed funds under management in the Malaysian private equity (PE) and venture capital (VC) industry amounted to RM24.7 billion as at the end of 2024.
1y ago
KUALA LUMPUR, March 20 (Bernama) -- The Single Stock Futures (SSF) contract is targeted for a relaunch by Bursa Malaysia Derivatives in the first quarter of 2025 (1Q 2025), according to the Securities Commission Malaysia (SC).
1y ago
KUALA LUMPUR, March 20 (Bernama) -- Local oil and gas services and equipment (OGSE) players must leverage energy transition expertise to reach downstream consumer markets, said Economy Minister Datuk Seri Rafizi Ramli.
1y ago
KUALA LUMPUR, March 20 (Bernama) -- The Malaysia Co-Investment Fund (MyCIF)’s total funds raised through equity crowdfunding (ECF) and peer-to-peer (P2P) platforms grew to RM2.6 billion in 2024 from RM2.2 billion in 2023.