Malaysia’s 2Q GDP Growth Estimate Of 4.5 Pct Beats Consensus, Shows Economic Resilience -- Economists

KUALA LUMPUR, July 18 (Bernama) -- The government’s advance economic growth estimate of 4.5 per cent for the second quarter of 2025 (2Q 2025) beats most analysts’ projections, demonstrating the country’s economic resilience.

Saliran Appoints CFO Yong Wai Kin As Executive Director

KUALA LUMPUR, July 17 (Bernama) -- Saliran Group Bhd has appointed its chief financial officer (CFO) Yong Wai Kin as executive director of the company effective today.

Sabah To Acquire 25 Pct Equity In Petronas ZLNG Facility - Hajiji

KOTA KINABALU, July 17 (Bernama) --  The Sabah government, through SMJ Energy Sdn Bhd has signed a head of agreement (HoA) with Petronas LNG Sdn Bhd to acquire 25 per cent equity stake in the US$3.1 billion (RM13.17 billion) nearshore floating liquefied natural gas (ZLNG) facility in Sipitang.

Ringgit Closes Higher Vs US Dollar Amid Escalating Trade Tensions

By Anas Abu Hassan

KUALA LUMPUR, July 10 (Bernama) -- The ringgit rebounded to end higher as the US dollar fluctuated on Thursday amid rising trade tensions after the United States government issued new tariff threats on the global market, an analyst said.  

OPR Cut To 2.75 Pct Will Stimulate Businesses, Maintain Nation’s Economic Resilience

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 9 (Bernama) – Bank Negara Malaysia’s (BNM) decision to cut the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent is a proactive stance to stimulate business activity, sustain domestic demand, bolster growth and maintain Malaysia’s economic resilience.

PM Anwar Calls For Core Human Values In Economic And Technological Pursuits

ISKANDAR PUTERI, June 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today called for economic growth to be firmly rooted in ethics, culture and humanity, even as the nation embraces rapid technological advancement.

Bursa Malaysia Declines 0.56 Pct At Midday As Washington's Tariff Plan Weighs On Sentiment 

KUALA LUMPUR, June 13 (Bernama) -- Investor confidence remains under pressure amid a fragile global trade environment, as Washington announced its intention to send letters outlining unilateral tariffs to trading partners within two weeks, adding to existing economic uncertainties.

Malaysia Courts UK Tech Firms To Build A Dynamic Digital Future

KUALA LUMPUR, June 11 (Bernama) -- Malaysia has called on the United Kingdom (UK) technology businesses to join hands in building a dynamic digital future in the country.

Sub-regional Initiatives Such As IMT-GT, BIMP-EAGA Have Borne Fruit While Complementing Asean Economic Community Ambitions

KUALA LUMPUR, June 8 (Bernama) -- Sub-regional initiatives such as the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) and the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) have not only borne fruit significantly but proven to be vital complements to the ASEAN Economic Community (AEC) in boosting trade, investment and regional connectivity.

AM Best Affirms Excellent Ratings For FuSure Reinsurance With Stable Outlook 

KUALA LUMPUR, June 3 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Hong Kong’s FuSure Reinsurance Company Limited (FuSure), with a stable outlook for both credit ratings (ratings).

Malaysia’s Leading Index Rises 0.6 Pct In March, Signalling Continued Growth - MIDF

KUALA LUMPUR, May 26 (Bernama) -- Malaysia’s economy is expected to maintain its growth trajectory, albeit at a more moderate pace, supported by solid economic fundamentals, said MIDF Amanah Investment Bank Bhd.

Affin Bank 1Q Net Profit Rises To RM124.09 Mln, Revenue Jumps To RM543.93 Mln

KUALA LUMPUR, May 19 (Bernama) -- Affin Bank Bhd’s net profit for the first quarter ended March 31, 2025 (1Q 2025) rose to RM124.09 million and revenue jumped to RM543.93 million compared with the same quarter last year.