Logistics, Transport Sector Remains Key Driver Of Malaysia’s Economic Growth - Transport Sec-gen

By Jailani Hasan

SHAH ALAM, Nov 8 (Bernama) -- The logistics and transport sector continues to play a crucial role as a key engine of Malaysia’s economic growth, contributing between four and six per cent to the national gross domestic product in recent years, said Ministry of Transport secretary-general Datuk Seri Jana Santhiran Muniayan.

Bank Islam, PAAB Ink MoU To Channel RM100 Mln Financing For Contractors

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Islam Malaysia Bhd has inked a memorandum of understanding (MoU) with Pengurusan Aset Air Bhd (PAAB) to provide RM100 million financing to PAAB contractors in 2026.

BNM Governor: Malaysian Economy To Remain On Steady Growth Path Into 2026

KUALA LUMPUR, Nov 6 (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).  

BNM Maintains OPR At 2.75 Pct

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) maintains the overnight policy rate (OPR) at 2.75 per cent at its final Monetary Policy Committee (MPC) meeting for 2025. 

Government Rules Out Ring-Fencing Policy For Rural Welfare, Infrastructure -- Lim

KUALA LUMPUR, Nov 6 (Bernama) -- The government has no plans to introduce a ring-fencing policy to set a protected minimum allocation for rural welfare and infrastructure programmes such as roads, clinics and hospitals, Deputy Finance Minister Lim Hui Ying said.

PKNPk-Gamuda JV Inks MoU With PBAPP For Bulk Treated Water Supply To Penang

IPOH, Nov 6 (Bernama) -- Perbadanan Kemajuan Negeri Perak and Gamuda Bhd, through their joint venture (PKNPk-Gamuda JV), have inked a memorandum of understanding (MoU) with Perbadanan Bekalan Air Pulau Pinang (PBAPP) for the sale of excess treated water from the Northern Perak Water Supply Scheme (NPWSS) to Penang.

Petronas Inks 20-year Deal With Canada's Pembina For Cedar LNG Capacity

KUALA LUMPUR, Nov 5 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Canada’s Pembina Pipeline Corporation have signed a 20-year agreement for 1.0 million tonnes per annum (mtpa) liquefaction capacity at the Cedar Liquefied Natural Gas (LNG) facility through their subsidiaries.

AICB Urges Stronger Cross-border Collaboration To Combat Rising Financial Crime Rates

KUALA LUMPUR, Nov 5 (Bernama) -- Rising financial crime rates underscore the urgent need for closer cross-border and ecosystem-wide collaboration to tackle the growing threat, said the Asian Institute of Chartered Bankers (AICB).

Malaysia's Economy Remains Resilient, Supported By Global Tech Demands - S&P

KUALA LUMPUR, Nov 5 (Bernama) -- Malaysia's economic growth continues to remain resilient this year, against the backdrop of external volatility and uncertainties related to the United States (US) trade policy, according to S&P Global Ratings (S&P). 

EXIM Bank Malaysia Extends US$70 Mln Islamic Financing To Berjaya Okinawa

KUALA LUMPUR, Nov 5 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) has extended a US$70 million (US$1=RM4.19) Islamic Overseas Investment Financing facility to Berjaya Land Bhd’s wholly owned subsidiary, Berjaya Okinawa Investment (S) Pte Ltd. 

Budget 2026 Formulated With Comprehensive Fiscal Approach – Amir Hamzah

KUALA LUMPUR, Nov 4 (Bernama) -- The fiscal approach for Budget 2026 has been formulated comprehensively, covering federal operating and development expenditures as well as catalytic investments by government-linked entities, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Malaysia Targets AI Nation Status By 2030, With 2026 Marked As Transition Year

KUALA LUMPUR, Nov 4 (Bernama) -- Malaysia is aiming to achieve the status of an artificial intelligence (AI) nation by 2030, with the year 2026 marked as a key transition point under the country’s National AI Action Plan.