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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.

Meltwater Unveils AI Teammate 'Mira' To Revolutionise Media Intelligence 

KUALA LUMPUR, May 7 (Bernama) -- Meltwater, a global leader in media, social and consumer intelligence, has launched Mira, an artificial intelligence (AI)-powered assistant designed to simplify complex workflows and deliver real-time insights through an intuitive chat-based interface.

Malaysian Rubber Board Activates April Incentives For Sabah, Sarawak

KUALA LUMPUR, May 5 (Bernama) -- The Rubber Production Incentive (IPG) for smallholders has been activated for Sabah and Sarawak based on rubber production in April 2025, said the Malaysian Rubber Board (MRB).

MR D.I.Y. 's Net Profit Rises To RM174.15 Mln In 1Q

KUALA LUMPUR, May 5 (Bernama) -- MR D.I.Y. Group (M) Bhd’s net profit rose to RM174.15 million for the first quarter (1Q) ended March 31, 2025, from RM144.88 million in the same period last year.

Malaysia Does Not Impose 47 Pct Tariff On US Imports, Only 5.6 Pct On Average - PM Anwar

KUALA LUMPUR, May 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has refuted the United States’s (US) claim that Malaysia has imposed a 47 per cent tariff on US imports into Malaysia.

Foreign Investors Continue Buying Streak On Bursa Malaysia With RM853.8 Mln Inflows

KUALA LUMPUR, May 5 (Bernama) -- Foreign investors continued their streak of net inflows on Bursa Malaysia, extending to a two-week buying streak, recording a net inflow of RM853.8 million, marking the first consecutive weeks of net foreign inflows since September 24.

MIDF Research Remains Positive On Healthcare Sector, Forecasts 6-8 Pct Growth

KUALA LUMPUR, May 5 (Bernama) -- MIDF Amanah Investment Bank Bhd’s research arm, MIDF Research, continues to remain positive on Malaysia’s healthcare sector, forecasting a 6.0-8.0 per cent compound annual growth rate (CAGR) until 2030.

Ringgit Rises Against Weaker US Dollar

KUALA LUMPUR, May 5 (Bernama) -- The ringgit edged up slightly against the US dollar on Monday, as a weaker greenback, weighed down by dovish sentiment from the United States (US) Federal Reserve (Fed) on interest rates and new trade developments related to China, supported the local currency, said an analyst

BNM Likely To Cut OPR By 25 bps On July 9, By-passing MPC May Meeting - CIMB Securities

KUALA LUMPUR, May 2 (Bernama) -- CIMB Securities Sdn Bhd anticipates Bank Negara Malaysia (BNM) to cut the Overnight Policy Rate (OPR) by 25 basis points (bps) to 2.75 per cent on July 9, 2025, by-passing the Monetary Policy Committee (MPC) meeting in May.

Malaysia Pavilion At Expo 2025 Osaka Exceeds Expectations With Strong Visitor Turnout, Strategic Business Focus

KUALA LUMPUR, May 1 (Bernama) -- Pavilion Malaysia is on track to achieve its ambitious targets at the World Expo 2025 in Osaka, Japan, said its director Ellyza Mastura Ahmad Hanipah.

BNM: Headline Inflation Eases To 1.4 Pct, Core Holds In March

KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s headline inflation moderated to 1.4 per cent in March 2025, down from 1.5 per cent in February, while core inflation held steady at 1.9 per cent, Bank Negara Malaysia (BNM) said.

Airline Profitability To Improve Despite Ongoing Supply Chain Disruption -- Public Investment Bank

KUALA LUMPUR, April 30 (Bernama) -- Airline profitability is projected to improve despite supply chain challenges remaining a significant headwind for the industry, said Public Investment Bank Bhd (PIBB).