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Padini Initiates Internal Review Into MACC Account Freeze

KUALA LUMPUR, April 25 (Bernama) -- Garment retailer Padini Holdings Bhd has commenced an internal review to assess the circumstances surrounding the freezing of certain identified bank accounts belonging to the company and its subsidiaries by the Malaysian Anti-Corruption Commission (MACC). 

MACC Freezes Certain Bank Accounts of Padini, Subsidiaries Over Ongoing Probe

KUALA LUMPUR, April 24 (Bernama) -- The Malaysian Anti-Corruption Commission (MACC) has frozen certain bank accounts of Padini Holdings Bhd and its subsidiaries in connection with an ongoing investigation.

IceKredit Contributes AI Insights At 3rd RAPA Meeting In Hanoi

KUALA LUMPUR, April 24 (Bernama) -- The third Regional Asian Post Alliance (RAPA) Meeting was held in Hanoi, Vietnam, bringing together postal authorities from Vietnam, Thailand and Indonesia to discuss regional cooperation in logistics, digital commerce and retail connectivity.

Poland Eyes Malaysia As Regional Hub For Cooperation, Sees Huge Potential In High-tech, Defence

By Kisho Kumari Sucedaram

KUALA LUMPUR, April 23 (Bernama) -- Poland sees strong potential to expand its economic and investment footprint in Malaysia, particularly in high-technology, defence and dual-use sectors, positioning the country as a strategic gateway to the wider Southeast Asia region.

PayNet Processed 8.44 Bln Transactions In 2025, Reflecting Growing Preference For Digital Payments

KUALA LUMPUR, April 23 (Bernama) -- Payments Network Malaysia Sdn Bhd (PayNet) processed 8.44 billion digital payment transactions in 2025, reflecting how digital payments are increasingly the preferred payment method across Malaysia, driven by continued adoption across banks, non-banks participants, businesses and consumers.

Ringgit Opens Almost Flat Against Greenback As US Extends Ceasefire With Iran

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 22 (Bernama) -- The ringgit opened almost flat against the US dollar on Wednesday as market sentiment remained cautious following news that the United States-Iran ceasefire, originally expected to expire today, has been extended to allow negotiations with Iran to conclude.

Qingyang Leverages AI, Computing Power To Transform Rural e-Commerce

KUALA LUMPUR, April 21 (Bernama) -- Qingyang is advancing its digital transformation by integrating artificial intelligence (AI) and "computing power" into rural e-commerce, enabling farmers and homemakers to become livestream sellers, or "Code Farmers".

SHANGPREE Eyes Southeast Asia Expansion With Beauty Asia Showcase

KUALA LUMPUR, April 20 (Bernama) -- SHANGPREE, Korea’s premier aesthetic skincare brand, is accelerating its global expansion by participating in ‘Beauty Asia’, taking place on April 20 to 22 in Singapore.

Foreign Investors Record RM17.35 Bln Inflow Across Eight Asian Markets Last Week

KUALA LUMPUR, April 20 (Bernama) -- Foreign investors were net buyers for the second consecutive week across eight Asian markets, with net foreign inflows totalling US$4.39 billion (RM17.35 billion), according to MBSB Investment Bank Bhd (MBSB IB).

Semiconductor Upcycle To Drive Penang's Growth Amid Global Headwinds - Economist

By Farhana Poniman

GEORGE TOWN, April 19 (Bernama) -- Despite rising geopolitical uncertainties, a sustained global semiconductor upcycle is expected to drive Penang’s economic growth through 2026.

Bursa Malaysia Ends Week Higher On Strong GDP Outlook

By Abdul Hamid A Rahman

KUALA LUMPUR, April 17 (Bernama) -- Bursa Malaysia closed the week higher, extending its upward momentum, buoyed by positive sentiment following the release of Malaysia’s advance gross domestic product (GDP) estimates, reinforcing the narrative of resilient domestic demand.

Malaysia's 1Q GDP To Grow By 5.3 Pct, Reflecting Resilience Amid Elevated Oil Prices, Global Uncertainty

KUALA LUMPUR, April 17 (Bernama) -- Malaysia’s economy is projected to grow by 5.3 per cent in the first quarter of 2026 (1Q 2026) based on advance estimates, reflecting an economy that remains fundamentally resilient, despite rising global uncertainties, particularly elevated oil prices driven by geopolitical tensions, said the Department of Statistics Malaysia (DOSM).