Melaka Govt Partners With World Economic Council To Boost Investment In German Technology Park

MELAKA, May 8 (Bernama) -- The Melaka state government has entered into a collaboration with the World Economic Council (WEC) to attract more investors to the German Technology Park (GTP).

Science & Technology, Innovations To Drive ASEAN’s Digital And Green Economy Vision - Tengku Zafrul

SERDANG, May 8 (Bernama) -- ASEAN must embrace science and technology and produce innovations to power up the region’s digital and green economy visions sustainably, in order to achieve its ambition of becoming the world’s fourth-largest economy by 2030.

BNM's International Reserves Rise To US$118.7 Bln As At April 30

KUALA LUMPUR, May 8 (Bernama) -- Malaysia’s international reserves expanded to US$118.70 billion as at April 30, 2025, from US$118.40 billion on April 15, 2025, according to Bank Negara Malaysia (BNM).

Public Bank Sees Minimal Credit Exposure To US Tariff Risks

KUALA LUMPUR, May 8 (Bernama) -- Public Bank Bhd sees minimal credit exposure to potential United States (US) tariff risks, estimating that less than three per cent of its total loans may be affected with asset quality expected to remain stable.

Bursa Malaysia Opens Higher, Retreated Thereafter

KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia opened slightly higher today but retreated thereafter, driven by mild profit taking, amid renewed concern over the global economic outlook, an analyst said.

Pharmaniaga Records Higher Net Profit In 1Q

KUALA LUMPUR, May 7 (Bernama) -- Pharmaniaga Bhd recorded a net profit of RM29.58 million in the first quarter ended March 31, 2025 (1Q), up from RM25.65 million in the same period last year.

Zahid: NGCC Underscores Malaysia’s Commitment To Global Competitiveness

KUALA LUMPUR, May 6 (Bernama) -- The establishment of the National Geo-Economic Command Centre (NGCC) clearly demonstrates the government's commitment to safeguarding national interests and ensuring that Malaysia remains competitive on the global stage.

Nike Revamps Leadership Team, Promotes Key Executives As O'Neill Retires

KUALA LUMPUR, May 6 (Bernama) -- NIKE Inc (Nike) has unveiled a strategic reorganisation of its Senior Leadership Team (SLT) to fast-track progress on the company’s "Win Now" action plan and position it for long-term growth.

MR D.I.Y. 's Net Profit Rises To RM174.15 Mln In 1Q

KUALA LUMPUR, May 5 (Bernama) -- MR D.I.Y. Group (M) Bhd’s net profit rose to RM174.15 million for the first quarter (1Q) ended March 31, 2025, from RM144.88 million in the same period last year.

Special Parliamentary Session Outlines Efforts To Address US Tariff

By Nor Baizura Basri and Zarul Effendi Razali

KUALA LUMPUR, May 5 (Bernama) -- The Special Parliamentary Session on the United States (US) tariffs provided the government an opportunity to enlighten Members of the Parliament (MPs) about ongoing efforts to manage the impact of global economic uncertainty on Malaysia following the imposition of the tariffs.

PayNet Launches Malaysia’s First Fintech Hub

KUALA LUMPUR, May 5 (Bernama) --  Payments Network Malaysia Sdn Bhd (PayNet) has launched the country’s first financial technology (fintech) hub aimed at accelerating the growth of local startups through structured support including funding, mentorship and international exposure.

Economists Lower Malaysia's GDP Growth Forecast To 4.5 Pct, Remain Confident In Economy's Resilience

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 5 (Bernama) -- Economists revised downwards Malaysia’s 2025 gross domestic product (GDP) growth to 4.5 per cent due to the debilitating tariffs implemented by the United States (US), but remained confident in the economy’s resilience.