4d ago
From Kisho Kumari Sucedaram
BANGKOK, May 13 (Bernama) -- Airports are evolving beyond their traditional role as transportation hubs, and they are increasingly focusing on resilience, sustainability and adaptability amid a rapidly changing global landscape, according to Airports Council International (ACI) Asia-Pacific and Middle East director-general Stefano Baronci.
4d ago
From Kisho Kumari Sucedaram
BANGKOK, May 13 (Bernama) -- ASEAN sees the current geopolitical and economic uncertainties affecting the aviation sector as an opportunity to deepen regional cooperation and accelerate long-pending aviation reforms, according to ASEAN Deputy Secretary-General for the ASEAN Economic Community Satvinder Singh.
4d ago
KUALA LUMPUR, May 13 (Bernama) -- The proposed “Option to Purchase” (OTP) clause under the new housing law could provide greater protection for prospective home buyers while helping developers to better gauge genuine market interest and reduce the risk of abandoned projects, said the Real Estate and Housing Developers’ Association (Rehda).
4d ago
KUALA LUMPUR, May 13 (Bernama) -- The ringgit opened higher against a basket of major currencies, including the US dollar today, ahead of Malaysia’s first quarter (1Q) gross domestic product (GDP) announcement on Friday.
5d ago
KUALA LUMPUR, May 12 (Bernama) -- Bursa Malaysia rebounded to close higher on Tuesday amid selective bargain-hunting in blue-chip stocks after closing lower in the last two trading sessions, analysts said.
5d ago
KUALA LUMPUR, May 12 (Bernama) -- Malaysia’s gross domestic product (GDP) is projected to expand 4.8 per cent in 2026, provided the West Asia conflict ends by June, underpinned by stable domestic demand, improving investment activity and ongoing economic reforms, Affin Bank Bhd said.
5d ago
HAIKOU (China), May 12 (Bernama) -- The Regional Comprehensive Economic Partnership (RCEP) must evolve beyond traditional tariff reductions and simple transhipment towards high-complexity trade and integrated supply chains.
6d ago
By Siti Noor Afera Abu
KUALA LUMPUR, May 11 (Bernama) -- Late selling pressure dragged Bursa Malaysia into negative territory at the close, reversing earlier gains as profit-taking in heavyweight banking and transportation counters dampen overall market sentiment.
8d ago
KUALA LUMPUR, May 9 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade in cautious and range-bound mode as investors adopt a wait-and-see approach amidst the ongoing geopolitical uncertainties.
9d ago
KUALA LUMPUR, May 8 (Bernama) -- The rubber market closed higher on Friday, supported by firmer benchmark crude oil prices and concerns over supply shortages due to wet weather disruptions in major producing countries, a dealer said.
9d ago
By M. Saraswathi & Karina Imran
KUALA LUMPUR, May 8 (Bernama) -- Malaysia's economy remains resilient despite mounting risks from the ongoing West Asia conflict, supported by strong domestic demand, sustained investment activity and robust exports linked to the global technology and artificial intelligence (AI) upcycle.
9d ago
By M. Saraswathi & Karina Imran
KUALA LUMPUR, May 8 (Bernama) -- Help is readily available for businesses affected by the conflict in West Asia, especially small and medium enterprises (SMEs), said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.