5m ago
KUALA LUMPUR, Aug 1 (Bernama) -- The reduction in United States (US) import tariffs on Malaysian goods from 25 per cent to 19 per cent is expected to provide a timely boost for Malaysia’s export-oriented manufacturers, said Kenanga Investment Bank Bhd (Kenanga IB).
5m ago
KUALA LUMPUR, Aug 1 (Bernama) -- Wesports Holdings Bhd’s net profit rose 14 per cent to RM231.63 million in the second quarter ended June 30, 2025 (2Q 2025), compared with RM203.75 million in the same period last year, on higher container revenue, although increased operating expenses partly offset this.
5m ago
By Karina Imran
KUALA LUMPUR, Aug 1 (Bernama) -- The United States' (US) decision to reduce tariff on Malaysian exports to 19 pr cent from 25 per cent signals a willingness to negotiate, but the revised tariff is still expected to have significant economic repercussions for Malaysia in the short- and long-term, said an economist.
5m ago
KUALA LUMPUR, Aug 1 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) marked a major milestone with the 30th edition of the CGC Awards, celebrating three decades of dedication to the growth of Malaysia’s micro, small and medium enterprises (MSMEs) and the broader financial ecosystem.
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KUALA LUMPUR, August 1 (Bernama) -- The government anticipates that Malaysia’s trade surplus will remain stable under the 13th Malaysia Plan (13MP), supported by the growth of high-value industries and a transition towards increased economic complexity, said Datuk Seri Amir Hamzah Azizan.
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KUALA LUMPUR, July 31 (Bernama) -- YTL Hospitality Real Estate Investment Trust (YTL Hospitality REIT) posted a lower net profit of RM148.56 million for the financial year ended June 30, 2025 (FY2025), compared to RM178.0 million recorded in the previous year.
5m ago
By Durratul Ain Ahmad Fuad & Siti Noor Afera Abu
KUALA LUMPUR, July 31 (Bernama) -- The 13th Malaysia Plan (13MP) has been crafted with the core objectives of the MADANI Economy framework at its foundation while maintaining the flexibility to navigate both domestic and external uncertainties over the next five years, said an economist.
5m ago
KUALA LUMPUR, July 31 (Bernama) -- The 13th Malaysia Plan (13MP) will likely target sustainable gross domestic product (GDP) growth of 4.0-5.0 per cent annually from 2026 to 2030, driven by infrastructure development, domestic consumption and strategic initiatives like the Johor-Singapore Special Economic Zone, according to MBSB Investment Bank (MBSB Research).
5m ago
PASIR GUDANG, July 29 (Bernama) -- Johor Port Bhd has completed the RM140 million expansion of its liquid jetty facilities to boost capacity and strengthen its position as a premier liquid bulk hub in Southeast Asia.
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JAKARTA, July 29 (Bernama) -- It is imperative that ASEAN focus its energies inward, towards building a more integrated and resilient economy in facing today’s global economic headwinds, said Prime Minister Datuk Seri Anwar Ibrahim.
5m ago
By Karina Imran
KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour has expressed optimism that Malaysia’s economy remains on a strong growth trajectory due to multiple factors, such as resilient domestic demand and encouraging exports of electrical and electronic (E&E) products, despite headwinds from impending tariffs.
5m ago
KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia (BNM) has revised Malaysia’s 2025 gross domestic product (GDP) growth projection to between 4.0 per cent and 4.8 per cent from 4.5 per cent - 5.5 per cent previously.