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UPI Rollout To Enhance Payment Efficiency, Reduce Transaction Costs

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 10 (Bernama) -- India’s Unified Payments Interface (UPI) system, which is set to enter the Malaysian market, will enhance payment efficiency, reduce transaction costs and support smoother digital transactions between Malaysian and Indian firms, as well as for consumers and diaspora communities.

Khazanah Returns RM2 Bln in Dividend To Govt

KUALA LUMPUR, Feb 10 (Bernama) -- Khazanah Nasional Bhd recorded a profit of RM5.6 billion from its operations in the financial year 2025 and returned RM2 billion in dividends to the government, reinforcing its role as a key contributor to Malaysia’s economic growth.

Khazanah Demonstrates Resilience In 2025 Amidst Global Volatility

KUALA LUMPUR, Feb 10 (Bernama) -- Khazanah Nasional Bhd reported a resilient performance for the year ended Dec 31, 2025, with net assets of RM105 billion and a 5.2 per cent return for the financial year 2025, underpinned by disciplined portfolio management and long-term value creation.

Bursa Malaysia Opens Firmer, Tracks Wall Street Gains

KUALA LUMPUR, Feb 10 (Bernama) -- Bursa Malaysia opened firmer on Tuesday, tracking overnight gains on Wall Street as buying interest returned to technology stocks following last week’s artificial intelligence-led sell-off.

Ringgit Opens Firmer Against US Dollar On Weaker Greenback

KUALA LUMPUR, Feb 10 (Bernama) -- The ringgit opened firmer against the US dollar on Tuesday, supported by broad-based weakness in the greenback amid concerns over reduced demand for US assets.

35 Midstream And Downstream Rubber Projects Receive RM9.9 Mln Allocation – Ministry

KUALA LUMPUR, Feb 9 (Bernama) -- The government has financed a total of 35 projects related to the midstream and downstream rubber sectors to date with an allocation of RM9.9 million, including 10 projects specifically for the rubber glove sector worth RM3.5 million, according to the Ministry of Plantation and Commodities.

Petronas Awards PSC For Permata Cluster Off Sabah Coast

KUALA LUMPUR, Feb 9 (Bernama) -- Petroliam Nasional Bhd (Petronas) via Malaysia Petroleum Management (MPM) today announced the award of the production sharing contract (PSC) for the Permata Cluster, located off the coast of Sabah, to London-based Bridge Petroleum Ltd. 

Ringgit Higher Against US Dollar On Strong December IPI

KUALA LUMPUR, Feb 9 (Bernama) -- The ringgit traded higher against the US dollar on Monday after Malaysia’s December Industrial Production Index (IPI) came in above market expectations, signalling that the domestic economy remains on a firm footing.

Bursa Malaysia Closes Higher On Strong Buying Of Blue Chips

KUALA LUMPUR, Feb 9 -- Bursa Malaysia ended higher on Monday, supported by continued interest in blue-chip counters,  in line with the upbeat performance across regional markets, said an analyst. 

Malaysian Firms Urged To Tap Opportunities In Rapidly Expanding Indian Market

KUALA LUMPUR, Feb 9 (Bernama) -- Malaysian businesses are encouraged to explore opportunities across various sectors in India, including semiconductor, energy and agriculture, following the elevation of bilateral ties to a comprehensive strategic partnership in 2024.

Sabah Acquires Strategic 20 Percent Stake In North Sabah EOR PSC

KOTA KINABALU, Feb 9 (Bernama) -- The Sabah government, through its wholly-owned entity SMJ Energy Sdn Bhd (SMJE), has solidified its position in the upstream oil and gas sector by acquiring a strategic 20 per cent participating interest in the North Sabah Enhanced Oil Recovery Production Sharing Contract (EOR PSC).

Rubber Market Ends Lower Amid Mixed Regional Futures

KUALA LUMPUR, Feb 9 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, weighed down by mixed trends in regional rubber futures, a dealer said.