4m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 11 (Bernama) -- Bursa Malaysia’s key index closed higher today, supported by bargain hunting following the United States Federal Reserve’s (Fed) 25-basis-point cut to its benchmark rate, despite a downturn in regional markets.
4m ago
KUALA LUMPUR, Dec 8 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) saw an uptick in profitability of eight selected local banking groups rated by the credit rating agency in the third quarter of 2025 (3Q 2025).
4m ago
PUTRAJAYA, Dec 7 (Bernama) -- The Public Sector Home Financing Board (LPPSA) is set to make history by launching its first-rated sukuk programme next year, a strategic move aimed at expanding its funding ecosystem while supporting the government’s efforts in prudently managing the country’s liabilities.
4m ago
KUALA LUMPUR, Dec 7 (Bernama) -- Malaysia’s banking sector ended 2025 on a firmer footing, charting steady loan growth, stable asset quality and sustained profitability despite a year clouded by global trade tensions, while the outlook for next year remains steady amid a diversified portfolio.
4m ago
KUALA LUMPUR, Dec 5 (Bernama) -- Helical Fusion Co Ltd (Helical Fusion), a developer of next-generation clean energy through nuclear fusion, has completed its Series A Extension round, raising approximately US$5.5 million (US$1 = RM4.10).
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KUALA LUMPUR, Dec 5 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) amounted to US$124.1 billion as at Nov 28, 2025, unchanged from Oct 31, 2025.
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KUALA LUMPUR, Dec 4 (Bernama) -- The Dewan Rakyat today approved the Finance Ministry’s motion to transfer RM14.631 billion of the remaining Malaysian Government Investment Issues (MGII) proceeds for the August-December 2025 period to the Development Fund.
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KUALA LUMPUR, Dec 4 (Bernama) -- Paragon Globe Bhd‘s wholly owned unit PGB Landmark Sdn Bhd planned to sell a parcel of freehold land in Tanjung Kupang, Johor for RM64.47 million to GSP Automotive Malaysia Sdn Bhd.
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KUALA LUMPUR, Dec 3 (Bernama) -- The government has been urged to exempt the five per cent sales tax on sawn timber and to review the expanded scope of the Sales and Services Tax (SST), which has resulted in double taxation for the timber and wood-based industries.
4m ago
KUALA LUMPUR, Dec 3 (Bernama) -- The total buy now pay later (BNPL) scheme loans as of Sept 30, 2025 were RM4.2 billion covering seven million active account holders in the country, comprising 0.3 per cent of the total household indebtedness in Malaysia.
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KUALA LUMPUR, Dec 2 (Bernama) -- The government is committed to further reducing new debt in 2025, projected at about RM75 billion, said Prime Minister Datuk Seri Anwar Ibrahim.
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KUALA LUMPUR, Dec 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects 2026 to be a more conducive operating year for the banking sector, with aggregate operating profit and net profit forecast to grow by 4.7 per cent and five per cent, respectively.