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Sabah Development Expenditure Reaches RM5.9 Bln In 2025 – MoF

KUALA LUMPUR, March 5 (Bernama) -- Development Expenditure (DE) performance for 2025 in the state of Sabah reached RM5.9 billion, or 89 per cent of the original allocation, according to the Ministry of Finance (MoF).

Subsidy Restructuring Implemented In A Controlled And Targeted Manner - MOF

KUALA LUMPUR, March 5 (Bernama) -- The restructuring of subsidies has been implemented in a controlled and targeted manner so as not to burden the majority of the population, particularly low- and middle-income groups.

Bank Negara Malaysia Maintains OPR At 2.75 Pct

KUALA LUMPUR, March 5 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 2.75 per cent during its meeting today.

MATRADE Takes Mitigation Steps To Safeguard Malaysian Exports Amid West Asia Conflicts

KUALA LUMPUR, March 5 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is taking proactive steps to cushion the impact of escalating geopolitical conflicts in West Asia, by activating a comprehensive mitigation framework to support Malaysian exporters navigating maritime blockades, surging logistics costs and supply chain disruptions. 

Cirrus Expands To Singapore, Advances Novel Eye Therapies

KUALA LUMPUR, March 4 (Bernama) -- Cirrus Therapeutics, a global ocular immunology company, announced several business and pipeline updates to support its strategy of advancing first-in-class and best-in-class therapies for chronic blinding diseases.

U Mobile, Huawei Sign MoU To Advance 5G-A And AI Innovation

KUALA LUMPUR, March 3 (Bernama) -- U Mobile has signed a memorandum of understanding (MoU) with Huawei Technologies (Malaysia) Sdn Bhd to accelerate the development of cutting-edge applications in line with U Mobile’s digital transformation goals.

Malaysia’s Exports To CPTPP Member Countries Reach RM486.80 Bln In 2025 -- MITI

KUALA LUMPUR, March 3 (Bernama) -- Malaysia’s exports to member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) rose by 4.7 per cent to RM486.80 billion in 2025, compared with RM464.80 billion in 2024

Space42, Viasat To Showcase D2D Satellite Connectivity At Mobile World Congress

KUALA LUMPUR, March 3 (Bernama) -- Space42 and Viasat Inc will present updates on their planned direct-to-device (D2D) infrastructure and the priorities for Equatys, their upcoming joint venture, at Mobile World Congress in Barcelona.

Velesto Energy Unit Bags US$157 Mln Contract From Petronas Carigali

KUALA LUMPUR, March 2 (Bernama) -- Velesto Energy Bhd's (VEB) indirect wholly owned subsidiary, Velesto Drilling Sdn Bhd, has secured a contract worth US$157 million from Petronas Carigali Sdn Bhd (PCSB) to provide a jack-up drilling rig for the PCSB 2026-2030 contract period.

Economy Ministry Targets MyRMK To Commence In 3Q 2026

KUALA LUMPUR, March 2 (Bernama) -- The Ministry of Economy is targeting to roll out the MyRMK -- an integrated monitoring system to ensure the comprehensive implementation of the 13th Malaysia Plan (13MP) --in the third quarter of this year (3Q 2026).

Johor To Announce 'Amazing' Investment Figures -- Onn Hafiz

JOHOR BAHRU, Feb 28 (Bernama) -- Johor Menteri Besar Datuk Onn Hafiz Ghazi hinted at a “more amazing” investment figure to be announced in the near future, following positive developments in the implementation of the Johor-Singapore Special Economic Zone (JS-SEZ).

Ringgit Opens Higher Vs Greenback, Major, Regional Currencies

KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit opened marginally firmer against the US dollar and other major currencies on Friday, supported by a pullback in United States Treasury yields and early Asian session positioning, despite the US dollar index (DXY) closing slightly higher.