Sunway REIT Records Lower Net Profit For 2Q

KUALA LUMPUR, Aug 12 (Bernama) -- Sunway Real Estate Investment Trust (Sunway REIT) posted a lower net profit of RM129.35 million in the second quarter ended June 30, 2025 (2Q 2025), down from RM145.07 million year-on-year.

SME Bank Empowers 5,735 Entrepreneurs In 1H 2025, Up 158 Pct

KUALA LUMPUR, Aug 11 (Bernama) -- Small Medium Enterprise Development Bank Malaysia (SME Bank) has empowered 5,735 entrepreneurs in the first half of 2025 (1H 2025), an increase of 158 per cent against the 2,225 entrepreneurs recorded in 1H 2024.

MBSB Keeps 'Neutral' Call On Banking Sector As Headwinds Persist

KUALA LUMPUR, Aug 11 (Bernama) -- MBSB Investment Bank Bhd has maintained a “neutral” call on the banking sector as headwinds persist, while tailwinds vary on a case-by-case basis, with the market continuing to watch this week’s key economic data release.

MBSB expected a drag from net interest margin compression, with non-inte

IOI Properties Shares Up In Early Trade

KUALA LUMPUR, Aug 11 (Bernama) -- IOI Properties Group Bhd (IOIPG) shares rose in the early trading session, buoyed by positive market sentiment.

Penang Targets RM156 Bln GDP By 2030 Under Digital Economy Master Plan

GEORGE TOWN, Aug 9 (Bernama) -- Increasing Penang’s Gross Domestic Product (GDP) contribution from RM116 billion in 2023 to RM156 billion by 2030 is among the key success metrics under the newly launched Digital Economy Master Plan (DEMP) 2025-2030.

MOF Expects Malaysia's Economy To Grow Moderately In 2026

KUALA LUMPUR, Aug 8 (Bernama) -- Malaysia’s economy is expected to grow at a moderate pace in 2026 amid heightened global trade uncertainties and subdued external demand, said the Ministry of Finance (MOF).

Rubicon Closes First Round For Opportunistic Fund II, Eyes Bay Area Rebound

KUALA LUMPUR, Aug 8 -- Rubicon Point Partners (Rubicon) has announced the first closing of its Rubicon Point Fund II, a real estate investment vehicle targeting special situation opportunities across the West Coast of the United States, with a strategic focus on the San Francisco Bay Area.

GX Bank Strengthens Role In Serving Underserved, Eyes Micro Merchant Segment

KUALA LUMPUR, Aug 8 (Bernama) -- GX Bank Bhd is strengthening its role in advancing financial inclusion, with around 60 per cent of its customer base comprising underserved segments, including individuals from the bottom 40 per cent (B40) income bracket and 10 per cent from the gig economy.

MOF: EPF Monthly Payout Plan Won’t Affect Current Withdrawals

KUALA LUMPUR, Aug 7 (Bernama) -- The proposed implementation of monthly pension-style payments for Employees Provident Fund (EPF) members, announced during the tabling of the 13th Malaysia Plan (13MP), will not affect the withdrawal rights of existing members, said Deputy Finance Minister Lim Hui Ying.

Budget 2026 Aligned With First Year Of 13MP — Anwar

 PUTRAJAYA, Aug 7 (Bernama) -- Budget 2026, to be tabled this October, will be aligned with the implementation of the first year of the 13th Malaysia Plan (13MP) to ensure the country’s development trajectory is consistent with the medium-term policy framework introduced earlier.

Malaysia Expected To Attract RM637 Bln Investments In RE, Green Technology By 2050

KUALA LUMPUR, Aug 7 (Bernama) -- Malaysia is expected to attract direct investments of about RM637 billion in renewable energy (RE) and green technology, in addition to creating 310,000 job opportunities by 2050, according to the Ministry of Energy Transition and Water Transformation (PETRA).

2026 Budget Is The First To Support The Goals Of The 13th Malaysia Plan -- Amir

PUTRAJAYA, August 7 (Bernama) -- The 2026 Budget, which will be tabled this October in the Dewan Rakyat, marks the first budget to support the goals of the 13th Malaysia Plan and will focus on three main pillars, namely raising the ceiling, raising the floor, and strengthening good governance in the public administration.