AMMB Net Profit Rises To RM516 Mln In 1Q 2025

KUALA LUMPUR, Aug 18 (Bernama) -- AMMB Holdings Bhd's net profit rose to RM516.18 million in the first quarter ended June 30, 2025 from RM500.20 million in the same period a year ago. 

Bursa Malaysia Stays Lower At Midday, In Sync With Weaker Regional

KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia stayed in the negative territory at midday, in tandem with the weaker regional market performance, weighed down by selling pressure in selected heavyweights. 

Govt To Announce New Programme To Replace NEM 3.0

KUALA LUMPUR, Aug 6 (Bernama) -- The government is currently reviewing the Net Energy Metering (NEM) programme and is expected to announce a new scheme this month, in line with the revised electricity tariff structure to ensure a more equitable distribution of energy subsidies.

Persistent Buying Lifts Bursa Higher At Midday

KUALA LUMPUR, Aug 1 (Bernama) -- Bursa Malaysia ended the morning session on a positive note, as persistent buying activities in selected heavyweights and fresh catalysts lifted market sentiment.

Malaysia’s 13MP GDP, Fiscal Deficit Targets Are Attainable -- CGS

KUALA LUMPUR, Aug 1 (Bernama) -- CGS International Securities Malaysia Sdn Bhd believes the average gross domestic product (GDP) growth target of 4.5–5.5 per cent under the 13th Malaysia Plan (13MP), along with the fiscal deficit target of three per cent of GDP by 2030, is attainable.

MITRA To Implement Three PPSMI Programmes With RM21.25 Mln In Allocations -- Ramanan

KUALA LUMPUR, July 30 (Bernama) -- The Malaysian Indian Transformation Unit (MITRA) has received approval to implement three programmes under the Socioeconomic Development Programme for the Indian Community (PPSMI) initiative with an allocation of RM21.25 million.

Govt Cancels High-value Goods Tax Implementation - MOF

KUALA LUMPUR, July 30 (Bernama) – The government has decided not to proceed with the implementation of the high-value goods tax (HVGT), according to the Finance Ministry (MOF).

Bursa Malaysia Ends Morning Session Marginally Higher

KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia ended the morning trading session marginally higher, rising by 0.29 per cent, driven by buying interest in selected heavyweight stocks, particularly in the financial services and industrial products and services sectors.

Ringgit On Firmer Footing Against US Dollar In Early Trade

KUALA LUMPUR, July 25 (Bernama) -- The ringgit opened on a slightly firmer footing against the US dollar this morning, shrugging off the broader G10 currencies' weakness as a confluence of domestic optimism and regional tailwinds lifted sentiment, said an analyst.

Bank Islam Sees Short-term Economic Boost From Govt Fiscal Package

KUALA LUMPUR, July 24 (Bernama) -- The government's special announcement on direct fiscal measures are expected to have short- to medium-term impact on the country’s economy, particularly in private consumption, inflation, and fiscal conditions, according to Bank Islam Malaysia Bhd (BIMB).

RM100 Cash Aid To Have RM3 Bln Retail Injection, Boost Consumption - Kenanga IB

By Siti Radziah Hamzah

KUALA LUMPUR, July 24 (Bernama) -- The targeted fiscal measures announced by Prime Minister Datuk Seri Anwar Ibrahim on Wednesday are anticipated to enhance near-term consumption, especially for essential goods and household items, according to Kenanga Investment Bank Bhd (Kenanga IB).

RON95 Subsidy Plan To Benefit Majority, Mitigate Inflationary Pressures - Investment Banks

KUALA LUMPUR, July 24 (Bernama) -- The government's plan to reduce the price of RON95 petrol is widely seen as a positive step to ease living costs and support private consumption amid global economic uncertainties, said investment banks.