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CIMB Group Net Profit Falls 2.9 Pct To RM1.91 Bln In 1Q 2026

KUALA LUMPUR, May 26 (Bernama) -- CIMB Group Holdings Bhd’s net profit for the first quarter ended March 31, 2026 (1Q 2026) fell 2.9 per cent to RM1.91 billion from RM1.97 billion in the same period a year ago.

Businesses Expect Softer Outlook In 2Q 2026 - DOSM

KUALA LUMPUR, May 26 (Bernama) -- Businesses anticipate a softer second quarter 2026 (2Q 2026) outlook with the confidence indicator easing to negative 1.8 per cent from 4 per cent in the previous quarter, according to the Statistics Department Malaysia (DoSM).

Boomi Platform Streamlines Citycare Property's HR Operations

KUALA LUMPUR, May 26 (Bernama) -- Boomi, the data activation company, announced that Citycare Property has streamlined its human resources (HR) and employee management processes using the Boomi Enterprise Platform, resulting in faster onboarding, improved data quality, and increased employee satisfaction.

ITMAX Shares Up On Strong 1Q Performance

KUALA LUMPUR, May 26 (Bernama) -- ITMAX System Bhd’s (ITMAX) shares rose at early trade today after the company reported stronger earnings in the first quarter ended March 31, 2026 (1Q 2026).

Ringgit Opens Slightly Higher Against US Dollar Amid US-Iran Negotiations

By Karina Imran

KUALA LUMPUR, May 26 (Bernama) --  The ringgit opened marginally higher against the greenback and other major currencies on Tuesday, amid negotiations between the United States (US) and Iran that could end the conflict and lead to the reopening of the Straits of Hormuz.

Bank Indonesia sees MSMEs Supported Despite Higher Bi-rate

JAKARTA, May 25 (Bernama) -- Bank Indonesia (BI) said its liquidity support measures and government incentives for micro, small and medium enterprises (MSMEs) would help cushion the impact of higher borrowing costs following the recent increase in the benchmark BI-Rate.

ACE Market-bound Eckem Holdings Aims To Raise RM15 Mln From IPO

PETALING JAYA, May 25 (Bernama) -- Industrial chemicals distributor Eckem Holdings Bhd aims to raise RM15 million from its initial public offering (IPO) in conjunction with its listing on the ACE Market of Bursa Malaysia Securities Bhd scheduled for July 3, 2026.

Singapore Maintains 2026 GDP Growth Forecast At 2.0-4.0 Pct

By Anas Abu Hassan

SINGAPORE, May 25 (Bernama) -- Singapore’s economy is expected to maintain growth of 2.0 per cent to 4.0 per cent in 2026 despite rising downside risks of the West Asia conflict, according to the Ministry of Trade and Industry (MTI).

AICB Recognises Over 700 Banking Professionals, Strengthens Regional Banking Talent Pipeline

KUALA LUMPUR, May 23 (Bernama) -- The Asian Institute of Chartered Bankers (AICB) has reaffirmed its commitment to strengthening the banking talent pipeline in Malaysia and across the region, with over 700 banking professionals recognised at its 9th Chartered Banker Conferment Ceremony.

Ringgit Set To Trade Between 3.95 And 3.97 Against US Dollar Next Week

By Harizah Hanim Mohamed

KUALA LUMPUR, May 23 (Bernama) -- The ringgit is expected to trade within a narrow range of between RM3.95 and RM3.97 next week against the US dollar amid a shortened trading week.

Ringgit Ends Three-day Rally Against US Dollar Amid Geopolitical Concerns

By Harizah Hanim Mohamed

KUALA LUMPUR, May 22  (Bernama) -- The ringgit retreated against the US dollar on Friday, ending a three-day winning streak as investors focused on geopolitical tensions and the increasingly hawkish stance adopted by central banks globally.

Malaysia’s Aerospace Workforce Exceeds 35,000 In 2025, Surpassing MAIB 2030 Target

SHAH ALAM, May 22 (Bernama) -- Malaysia’s aerospace, maintenance, repair and overhaul (MRO) and manufacturing sectors have employed more than 35,000 highly skilled workers in 2025, exceeding the initial target of over 30,000 by 2030 set under the Malaysian Aerospace Industry Blueprint 2030 (MAIB 2030).