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Ringgit Strengthens 5.1 Pct Against US Dollar In 2Q 2025 - BNM

KUALA LUMPUR, Aug 15 (Bernama) -- The ringgit strengthened by 5.1 per cent against the United States (US) dollar in the second quarter of 2025 (2Q 2025), primarily driven by broad US dollar weakness, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

Malaysia's Economy Grows 4.4 Pct In 2Q 2025, Driven By Robust Domestic Demand

KUALA LUMPUR, Aug 15 (Bernama) -- The Malaysian economy expanded by 4.4 per cent in the second quarter of 2025 (2Q 2025), equivalent to 4.4 per cent growth in the first half of 2025, driven by robust domestic demand as household spending was higher.

MBSB IB Maintains Positive Call On Insurance Sector Despite Healthcare Inflation

KUALA LUMPUR, Aug 15 (Bernama) -- MBSB Investment Bank (MBSB IB) has maintained its “positive” recommendation on the insurance sector, citing attractive valuations and high dividend yields despite persistent healthcare inflation and delays in healthcare cost-control reforms.

Takaful Malaysia Proposes RM1 Bln Tier 2 Subordinated Sukuk Programme

KUALA LUMPUR, Aug 14 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) has proposed the establishment of a Tier 2 subordinated sukuk programme of up to RM1 billion in nominal value based on the shariah principle of wakalah bi al-istithmar.

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

MRL, CCCC Ink Supplementary Agreement 7, Complete ECRL To Westports, Northport

PUTRAJAYA, Aug 7 (Bernama) -- Malaysia Rail Link Sdn Bhd (MRL) has signed the supplementary agreement 7 (SA7) with the East Coast Rail Link (ECRL) project contractor for the connection from the last station at Jalan Kastam, Port Klang, to Westports and Northport (Section D).

Stronger-than-expected June IPI Signals Solid 2Q GDP Growth -- RHB IB

KUALA LUMPUR, Aug 7 (Bernama) -- June 2025’s stronger-than-expected Industrial Production Index (IPI) points to solid second-quarter gross domestic product (2Q GDP) growth of 4.5 per cent year-on-year (y-o-y), with potential upside towards 4.6 per cent, according to RHB Investment Bank Bhd (RHB IB).

BNM’s International Reserves Rise To US$121.3 Bln as At July 31

KUALA LUMPUR, Aug 7 (Bernama) -- Bank Negara Malaysia’s (BNM) international reserves rose to US$121.3 billion (US$1=RM4.218) as at July 31, 2025.

Over 160,000 BNPL Users Have RM121.8 Mln In Overdue Debt - Lim

KUALA LUMPUR, Aug 7 (Bernama) -- A total of 168,967 'Buy Now Pay Later' (BNPL) account holders, or 2.6 per cent of the total 6.5 million users, had outstanding balances as at June 30, 2025, said Deputy Finance Minister Lim Hui Ying.

Cloudera Powers Bank Negara Indonesia’s Enterprise-wide AI Expansion With Secure, Scalable Platform

KUALA LUMPUR, Aug 7 (Bernama) -- Cloudera, a data and artificial intelligence (AI) platform company, announced it has strengthened its partnership with Bank Negara Indonesia (BNI) to scale AI innovation across the enterprise.

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.