Maybank Research Trims Singapore 2026 GDP Growth Forecast To 3.4 Pct

SINGAPORE, March 18 (Bernama) -- Maybank Research Pte Ltd (MRPL) has revised Singapore's gross domestic product (GDP) growth forecast to 3.4 per cent in 2026, down from its earlier projection of 3.6 per cent, amid ongoing West Asia conflicts. 

Petronas Recognises Sabah’s Growing Role In Malaysia’s OGSE Sector

KOTA KINABALU, March 18 (Bernama) -- Petroliam Nasional Bhd (Petronas) recognises Sabah’s growing role in Malaysia’s oil and gas services and equipment (OGSE) sector, as part of broader collaborative efforts to strengthen the state’s contribution to national energy security and economic development.

Bursa Malaysia Opens Higher, Tracking Wall Street Gains Despite Rising Crude Oil

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 18 (Bernama) -- Bursa Malaysia opened higher on Wednesday, in line with Wall Street’s gains overnight, despite volatility in crude oil prices, which remained above the US$100 mark.  

Xiamen Airlines Inaugurates Direct Nanjing-Kuala Lumpur Flight To Boost Connectivity

KUALA LUMPUR, March 17 (Bernama) -- Tourism Malaysia today welcomed the arrival of Xiamen Airlines’ inaugural direct flight from Nanjing to Kuala Lumpur, marking a significant enhancement in air connectivity between Malaysia and eastern China.

Ringgit Closes Higher As Tension In Strait Of Hormuz Eases

By Danni Haizal Danial Donald

KUALA LUMPUR, March 17 (Bernama) -- The ringgit continued its upward momentum on Tuesday, closing higher against the US dollar as news of some ships being allowed safe passage through the Strait of Hormuz eased demand for safe haven assets and lifted regional currencies.

EIG’s MidOcean Energy Secures US$1.2 Bln Equity Raise

KUALA LUMPUR, March 17 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, announced it has secured an equity capital raise of more than US$1.2 billion. (US$1=RM3.91)

Bursa Malaysia Stays Higher At Midday Amid Upbeat Regional Markets

KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia stayed higher at midday in line with the upbeat regional market performance, supported by continued buying interest in selected heavyweights led by the financial services as well as industrial products and services sectors.

Funds May Favour Commodity Exporters Like Malaysia Amid West Asia Uncertainties - Economist

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 17 (Bernama) -- Heightened geopolitical uncertainty surrounding developments in the Strait of Hormuz could influence global capital flows, with commodity-exporting economies such as Malaysia potentially better positioned amid rising energy prices.

Megah Port Management, Labuan Port Authority Ink Agreements To Boost Port Operations

KUALA LUMPUR, March 17 (Bernama) -- Megah Port Management Sdn Bhd (MPM) and the Labuan Port Authority (LPA) today signed the operation, facility and management continuation agreement and the leasing agreement aimed at further strengthening port operations and maritime services on this duty-free island.

Ringgit Ends Higher Against US Dollar, Other Major Currencies Amid Stable Regional Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, March 16 (Bernama) -- The ringgit ended higher against the US dollar and other major currencies at the close on Monday, as the market reflected stabilising regional and global risk sentiment, which pushed the greenback to marginal softness amid easing safe-haven demand. 

Bursa Malaysia Opens Lower, Tracking Wall Street Declines

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 16 (Bernama) -- Bursa Malaysia opened lower on Monday, tracking overnight losses on Wall Street amid rising crude oil prices.

Foreign Investors Record US$16.8 Bln Outflow Across Eight Asian Markets Last Week

KUALA LUMPUR, Mar 16 (Bernama) -- Foreign investors extended a four-week streak of net selling across eight Asian markets, with net outflows totalling US$16.8 billion, according to MBSB Investment Bank Bhd.