Alliance Islamic Bank's AZAM Programme Channels RM450,000 Financing To 103 Asnaf Entrepreneurs

KUALA LUMPUR, May 7 (Bernama) -- The Alliance Islamic Bank Zakat Microfinancing Programme (AZAM), launched in December 2023 in collaboration with Lembaga Zakat Selangor and Amanah Ikhtiar Malaysia, has chanelled financing amounting to RM450,000 to 103 asnaf micro-entrepreneurs.

MATRADE Expanding Emerging Market Export Presence With RM50 Mln Boost

KUALA LUMPUR, May 7 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is expanding Malaysia’s export presence in emerging markets, following the government’s RM50 million allocation for its global trade diversification strategy.

Govt's Boost To SJPP Guarantee Schemes Timely, Execution Crucial - SBF

KUCHING, May 6 (Bernama) -- The government’s decision to raise guarantees under the Business Financing Guarantee Scheme (SJPP) by RM1 billion is a timely move to strengthen business confidence and enhance liquidity among Malaysian small and medium enterprises (SMEs).

Malaysia Will Continue To Focus On New Markets, Allocate Funds To Explore New Markets -- Tengku Zafrul

KUALA LUMPUR, May 6 (Bernama) -- Malaysia will continue to focus on new markets while exploring non-traditional markets to ensure the country’s economic and trade interests remain strong, said Investment, Trade, and Industry (MITI) Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Economists Lower Malaysia's GDP Growth Forecast To 4.5 Pct, Remain Confident In Economy's Resilience

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 5 (Bernama) -- Economists revised downwards Malaysia’s 2025 gross domestic product (GDP) growth to 4.5 per cent due to the debilitating tariffs implemented by the United States (US), but remained confident in the economy’s resilience.

Sabah's GDP Projected To Increase To RM84.9 Bln In 2024

KOTA KINABALU, April 30 (Bernama) -- Sabah's economy has shown positive growth, with a projected gross domestic product (GDP) of RM84.9 billion in 2024 compared to RM83.2 billion in 2023.

Over RM27 Mln Development Projects Approved For First Quarter In Negeri Sembilan

SEREMBAN, April 30 (Bernama) -- The current status of development projects (expenditure) approved in Negeri Sembilan for the first quarter of this year from January to March is RM27,043,020.12 out of the approved allocation of RM135 million, the State Legislative Assembly (DUN) was told today.

Sabah's GDP Increases To RM83.2 Bln Last Year - Hajiji

KOTA KINABALU, April 29 (Bernama) -- Sabah's economy has shown positive growth as its gross domestic product (GDP) rose to RM83.2 billion last year from RM82.1 billion in 2023, said Chief Minister Datuk Seri Hajiji Noor.

Malaysia’s Great Shift: Navigating The High Stakes Of Targeted Subsidies

By Siti Radziah Hamzah

KUALA LUMPUR, April 23 (Bernama) -- As Malaysia embarks on one of the most ambitious reforms to its economic framework in recent decades, the issue of targeted subsidy for diesel has taken centre stage.

BNM's International Reserves Advance To US$118.4 Bln As At April 15

KUALA LUMPUR, April 22 (Bernama) -- Malaysia’s international reserves accumulated to US$118.40 billion as at April 15, 2025, from US$117.50 billion on March 28, 2025, according to Bank Negara Malaysia (BNM).

Main Market-Bound Reach Ten's IPO Oversubscribed By 1.85 Times

KUALA LUMPUR, April 22 (Bernama) -- The public portion of Sarawak-based telecommunications company Reach Ten Holdings Bhd's initial public offering (IPO) has been oversubscribed by 1.85 times, ahead of its scheduled listing on the Main Market of Bursa Malaysia on May 2, 2025. 

RHB IB Maintains 'neutral' Recommendation On The Automotive Sector

KUALA LUMPUR 18 April (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained a 'neutral' recommendation for the automotive and automotive components sector.