Operating Expenditure Adjustments Will Not Affect Frontliners -- Amir Hamzah

By Siti Noor Afera Abu

KUALA LUMPUR, April 30 (Bernama) -- Operating expenditure adjustments being implemented by the government will not affect frontline personnel or the delivery of basic services to the public, as they will only involve non-critical expenditures, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

HSBC Expects BNM To Hold OPR At 2.75 Pct In May

KUALA LUMPUR, April 30 (Bernama) -- The Hongkong and Shanghai Banking Corporation Ltd (HSBC) has forecast that Bank Negara Malaysia (BNM) would hold its Overnight Policy Rate (OPR) steady at 2.75 per cent in May as Malaysia's economic data remains resilient.

MBSB Strengthens Northern Presence With Relocated Kangar, Kulim Branches

KANGAR, April 30 (Bernama) -- MBSB Bank Bhd has strengthened its presence in northern Malaysia through the opening of its relocated Kangar and Kulim branches, reinforcing its commitment to improving customer accessibility and expanding service coverage across key growth areas.

Penang Does Not Need Supplementary Budget For Now - Chow

GEORGE TOWN, April 30 (Bernama) -- Penang does not require a supplementary budget for the time being as its financial position remains strong despite the global economic uncertainty.

Malaysia Economy Set To Grow 4.6–4.9 Pct Over Three Years — S&P Global Ratings

KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s economy is expected to grow by 4.6 per cent to 4.9 per cent over the next three years, supported by household consumption, artificial intelligence-related investments, and technology exports, said S&P Global Ratings.

AirTrunk Raises Investment In Malaysia By RM12 Bln To RM27 Bln -- PM Anwar

KUALA LUMPUR, April 30 (Bernama) — AirTrunk, a hyperscale data centre platform company in Asia Pacific and West Asia, will increase its investment by another RM12 billion this year, bringing its total committed investment in Malaysia to RM27 billion.

Sabah Sets Up Special Committee To Study Targeted Subsidies Amid Global Oil Price Rise

KOTA KINABALU, April 29 (Bernama) -- The Sabah state government has established a special committee to study the need for targeted subsidies as an effort to assist sectors affected by the rise in global oil prices, said Deputy Chief Minister II Datuk Seri Masidi Manjun.

HOK Strengthens Sports, Recreation And Entertainment Practice With ROSSETTI Acquisition

KUALA LUMPUR, April 29 (Bernama) -- HOK has announced the acquisition of ROSSETTI, a Detroit-based architecture firm, to strengthen its position as one of the leading sports, recreation and entertainment design practices.

Abaxx Launches First Gold Spot Trade

KUALA LUMPUR, April 29 (Bernama) -- Abaxx Technologies Inc (Abaxx) has announced the execution of the first trades on its Abaxx Spot Gold Pool, marking the operational debut of its physical gold marketplace.

AM Best Affirms Guild Insurance Credit Ratings At Excellent

KUALA LUMPUR, April 29 (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 Australia’s Guild Insurance Limited (GIL), with the outlook for both credit ratings (ratings) remaining stable.

Sharp Malaysia Enhances Consumer Engagement Via Japan's Nojima Tie-up

KUALA LUMPUR, April 29 (Bernama) -- Sharp Electronics (Malaysia) Sdn Bhd is enhancing consumer engagement via its collaboration with Japanese electrical appliances retailer Nojima Malaysia, alongside plans to expand its broader Japanese brand ecosystem.

Labuan Corporation Advisory Council Supports Oil Refinery Proposal

LABUAN, April 29 (Bernama) — The Labuan Corporation Advisory Council has unanimously agreed to support a proposal to establish an oil refinery on the island, describing it as a strategic move to spur economic growth and create employment opportunities.