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Bank Islam Sees Short-term Economic Boost From Govt Fiscal Package

KUALA LUMPUR, July 24 (Bernama) -- The government's special announcement on direct fiscal measures are expected to have short- to medium-term impact on the country’s economy, particularly in private consumption, inflation, and fiscal conditions, according to Bank Islam Malaysia Bhd (BIMB).

Bank Islam, RHB, Affin Bank And Public Bank Announce Reduction In Rates

KUALA LUMPUR, July 9 (Bernama) -- Bank Islam Malaysia Bhd, RHB Banking Group and Public Bank Bhd have revised their standardised base rate (SBR), base rate (BR) and base financing rate (BFR), following Bank Negara Malaysia’s (BNM) decision to reduce the Overnight Policy Rate (OPR) by 25 basis points (bps), from 3.00 per cent to 2.75 per cent today.

MPC Pre-emptively Cuts OPR To Preserve Steady Growth Path - BNM Governor

KUALA LUMPUR, July 9 (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).  

SST And New Electricity Tariffs: Relief Measures To Ease Transition

By Nurul Hanis Izmir

PUTRAJAYA, July 6 (Bernama) -- As Malaysia enters the second half of 2025, the government’s fiscal recalibration through an expanded Sales and Service Tax (SST) and revised electricity tariffs mark a strategic move to strengthen national finances while prioritising the welfare of the rakyat.

Cockle Industry Can Generate RM34.4 Mln Annually In Sabah -- Hajiji

TUARAN, July 5 (Bernama) -- The cockle industry has the potential to generate RM34.4 million annually based on an estimated landing of 3,240 tonnes per year and a 7.6-fold return on investment in Sabah, said Chief Minister Datuk Seri Hajiji Noor.

Queen Máxima Named Chair Of GFTN International Advisory Board

KUALA LUMPUR, July 3 (Bernama) -- The Global Finance & Technology Network (GFTN) has announced the appointment of Queen Máxima of the Netherlands, the United Nations Secretary-General’s Special Advocate for Financial Health (UNSGSA), as Chair of its International Advisory Board (IAB).

Gamuda’s Unit signs Deal To Co-develop Renewable Energy Projects In Australia

KUALA LUMPUR, June 30 (Bernama) -- Gamuda’s wholly owned Australian subsidiary, Gamuda Holdings Pty Ltd, has signed a landmark agreement with local Tasmanian landowners to co-develop a portfolio of large-scale renewable energy projects in Central Tasmania.

Top Consumer-Voted Products Recognised In 2025 Product Of The Year Malaysia Recap

KUALA LUMPUR, July 1 (Bernama) -- Product of the Year Malaysia has revealed the consumer-voted winners for 2025, following a comprehensive evaluation process that included nationwide surveys and in-home testing conducted by Try & Review.

Rubber Market Ends Lower On Mixed Regional Cues, Stronger Ringgit

By K. Naveen Prabu

KUALA LUMPUR, June 25 (Bernama) -- The Malaysian rubber market ended lower today, amid mixed cues from regional rubber futures markets, a dealer said.

Lessons On Insurance To Be Learnt From USJ Putra Heights Gas Pipeline Explosion

KUALA LUMPUR, June 25 (Bernama) -- It’s been about three months since the devastating gas pipeline explosion and fire at USJ Putra Heights. Fortunately, there were no fatalities. It shocked Malaysians. Questions are still being asked as to the compensation for damages to houses, properties, possessions and injuries sustained.

Uni Enrol Signs Investment Partnership To Expand Global Reach

KUALA LUMPUR, June 24 (Bernama) -- Uni Enrol, Malaysia’s largest online student enrolment platform, has entered into a strategic investment partnership with Global Education Alliance (GEA) to strengthen its position as a regional hub for higher education access.

CIMB Expects Electricity Tariff Reform To Have Minimal Inflation Impact

KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s upcoming electricity tariff restructuring is expected to have a minimal impact on overall inflation, and its direct effect on headline consumer price index (CPI) is anticipated to be marginally disinflationary, said CIMB Investment Bank Bhd (CIMB).