Axiata's 1Q Net Profit More Than Doubles To RM159.8 Mln

KUALA LUMPUR, May 28 (Bernama) -- Axiata Group Bhd’s net profit jumped to RM159.8 million in the first quarter ended March 31, 2025 (1Q 2025) from RM60.03 million in the same period last year, driven by foreign exchange gains, lower depreciation and amortisation and higher contributions from CelcomDigi.

EPF: External Fund Managers Contribute 24 Pct To 2024 Income

KUALA LUMPUR, May 22 (Bernama) -- The Employees Provident Fund’s (EPF) panel of external fund managers contributed a record 24 per cent to the retirement fund’s total income in 2024.

FBM KLCI Extends Losing Streak For 5th Straight Session

By Siti Radziah Hamzah

KUALA LUMPUR, May 21 (Bernama) -- The FBM KLCI has extended its decline for a fifth consecutive session on Wednesday, underscoring a deepening risk-off sentiment across Malaysia’s equity market, said an analyst.

Main Market-bound Paradigm REIT Aims To Raise RM560 Mln From IPO

PETALING JAYA, May 16 (Bernama) -- Main Market-bound Paradigm Real Estate Investment Trust (Paradigm REIT) aims to raise RM560 million from its initial public offering (IPO).

News Analysis: US Tariffs Pose Short-Term Threat, ASEAN Resilience Will Prevail Over Long Term

KUALA LUMPUR, May 13 (Bernama-Xinhua) -- Wide-ranging unilateral tariffs imposed by the administration of the US President Donald Trump will cause short-term problems for certain sectors of the export-oriented states of the Association of Southeast Asian Nations (ASEAN) grouping, but will lose their bite over time considering the resilience of these countries, according to analysts.

Economy Continues To Grow Despite Tariff Uncertainties - BNM Governor

KUALA LUMPUR, May 8 (Bernama) -- Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour on the Overnight Policy Rate (OPR) and Statutory Reserve Requirement (SRR). 

RHB Investment Bank Maintains OPR Forecast At 3.00 Pct For 2025

KUALA LUMPUR, May 8 (Bernama) -- RHB Investment Bank Bhd (RHBIB) has maintained its base case forecast for the Overnight Policy Rate (OPR) at 3.00 per cent throughout 2025. 

FBM KLCI Futures Set For Recovery Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 26 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to show signs of recovery next week as investors' confidence improves amid the easing US-China trade tensions.

BNM's OPR Decisions Based On Measured Approach, Not Preemptive -- Amir Hamzah

KUALA LUMPUR, April 26 (Bernama) -- Finance Minister II Datuk Seri Amir Hamzah said Bank Negara Malaysia (BNM) takes a measured approach in managing the Overnight Policy Rate (OPR), describing it as a powerful policy instrument that should be used only when circumstances warrant it.

Bursa Malaysia Extends Uptrend For Third Day On Renewed Buying Interest

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 25 (Bernama) -- Bursa Malaysia extended its uptrend for a third consecutive day on Friday, closing higher on renewed buying interest amid positive regional market performance due to potential de-escalating US-China trade tensions.

HR Minister Urges Penang’s Tech Sector To Embrace Innovation And Reimagine Economic Future

GEORGE TOWN, April 21 (Bernama) -- Human Resources Minister Steven Sim Chee Keong has called on Penang’s semiconductor and advanced technology industries to reimagine the state’s future amid global economic uncertainty, urging a bold shift from a traditional manufacturing hub to a high-value, innovation-driven economy.

Malaysian Banks To Stay Appealing Amid Trade Tensions - HLIB

KUALA LUMPUR, April 21 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) said Malaysian banks are expected to be among the more attractive sectors for investors seeking refuge from United States President Donald Trump’s trade war.