LATEST NEWS   PM Modi’s recent visit to Malaysia expected to bring positive spillover effects to country’s tourism sector and economy - Fahmi | Fahmi records his appreciation for all radio personnel in conjunction with World Radio Day today | Higher tourism activities during Visit Malaysia 2026, alongside increases in the minimum wage and civil servant salaries, will further reinforce consumer spending - MOF | MADANI Govt narrowed fiscal deficit to 3.7 pct, surpassing its initial target of 3.8 pct - MOF | The Malaysian economy is expected to remain on a steady trajectory in 2026, supported by resilient domestic demand, firm household consumption, and continued investment momentum - MOF | 

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Ringgit Seen At 3.70 VS Greenback By End-2026 - MUFG

KUALA LUMPUR, Feb 12 (Bernama) -- MUFG Bank Ltd expects the ringgit to strengthen toward 3.70 against the US dollar by end-2026, underpinned by a more durable appreciation cycle driven by structural fundamentals.

Petronas Secures Oman’s Block 18 For Oil And Gas Exploration

KUALA LUMPUR, Feb 12 (Bernama)-- Petroliam Nasional Bhd (Petronas)’s wholly owned subsidiary, PC Oman Ventures Ltd (PCOVL), has signed a concession agreement with the Oman government and OQ Exploration and Production Batinah Offshore LLC (OQEP) as its partner for the exploration of oil and gas in Block 18.  

LGM Targets Rehabilitation Of 4,137 Hectares Of Abandoned Plantations This Year, 2,750 Hectares In 2027 -- KPK

KUALA LUMPUR, Feb 12 (Bernama) -- The Malaysian Rubber Board (LGM) is targeting the rehabilitation of 4,137 hectares of abandoned plantations this year and 2,750 hectares in 2027, involving smallholder farms and private estates nationwide, said the Ministry of Plantation and Commodities (KPK).

Petronas Does Not Plan To Reduce Oil And Gas Production In Sabah Despite Falling Oil Prices

KUALA LUMPUR, Feb 12 (Bernama) -- Petronas has no plans to reduce oil and gas production in Sabah, despite the global oil and gas industry facing the challenge of a sharp drop in prices, said Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said.

Singapore Unveils Budget 2026 To Drive Refreshed Economic Strategy

SINGAPORE, Feb 12 (Bernama) -- Singapore Prime Minister Lawrence Wong today presented Budget Statement 2026, focusing on advancing the nation’s refreshed economic strategy.

Gold Futures End Higher

KUALA LUMPUR, Feb 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended gains to close higher on Thursday, mirroring strength in the US COMEX market.

Govt Disburses RM11.8 Mln Compensations For Delayed Tax Refunds as At Feb 11 -- Liew

KUALA LUMPUR, Feb 12 (Bernama) -- The government has disbursed compensation payments totalling RM11.8 million for delays in excess tax refunds for this year up to Feb 11, 2026.

Govt Optimistic of Encouraging Economic Performance In 4Q 2025 - Amir Hamzah

KUALA LUMPUR, Feb 12 (Bernama) -- The government is optimistic of Malaysia’s ability to achieve encouraging economic performance in the fourth quarter of 2025 (4Q 2025) based on the current economic vibrancy, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Ringgit Hits Near Eight-year High Of 3.89 Vs US Dollar

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit climbed to a fresh high of 3.8995 against the US dollar on Thursday, hovering near its strongest level in almost eight years.

Bursa Key Index Falls 0.32 Pct As Profit-taking Weighs On Market

KUALA LUMPUR, Feb 12 (Bernama) -- Bursa Malaysia finished today’s trading in negative territory, with the key index losing 0.32 per cent, while the broader market saw losers outnumbering gainers amid profit-taking and weak sentiment ahead of the Chinese New Year break next week.

Rubber Market Closes Lower Amid Mixed Oil Prices, Stronger Ringgit

KUALA LUMPUR, Feb 12 (Bernama) -- The Kuala Lumpur rubber market closed lower on Thursday, amid mixed crude oil prices, reflecting a stronger ringgit and weaker performances in regional rubber futures markets, a trader said.

Veritage Flags Emotional Disconnect In Family Business Succession

KUALA LUMPUR, Feb 12 (Bernama) – Veritage International has released a new report highlighting hidden emotional risks in family business transitions worldwide.