Singapore Raises 2026 GDP Growth Forecast To 4.5-5.5 Pct On Stronger Global AI Expenditure Outlook

By Anas Abu Hassan

SINGAPORE, Aug 11 (Bernama) -- The Ministry of Trade and Industry (MTI) has raised Singapore's 2026 gross domestic product (GDP) growth forecast to between 4.5 and 5.5 per cent, raising it from an earlier projection of 2.0-4.0 per cent.

Malaysia's Positive Economic Growth Reflects Country's Resilience – Academic

KUALA LUMPUR, Aug 10 (Bernama) -- The preliminary estimate of Malaysia's gross domestic product (GDP), which grew by 5.8 per cent in the second quarter of 2026, is a positive development that reflects the resilience of the country's economy amid an uncertain global environment, said an academic.

Bursa Malaysia Stays Lower At Midday Amid Profit-Taking

KUALA LUMPUR, Aug 10 (Bernama) -- Bursa Malaysia remained lower at midday, amid profit-taking in plantation, utilities and industrial product sectors.

Local Institutions Extend Net Buying Streak To Two Consecutive Weeks – MBSB IB

KUALA LUMPUR, Aug 10 (Bernama) -- Local institutions extended their net buying streak on Bursa Malaysia to two consecutive weeks, recording net inflows of RM451.1 million last week, MBSB Investment Bank Bhd (MBSB IB) said.

Sia Expands Australia Presence With Seven Consulting Acquisition

KUALA LUMPUR, Aug 10 (Bernama) -- Sia, a global management consulting group, has expanded its international presence with the acquisition of Seven Consulting, an Australian management consulting firm.

Govt To Continue Efforts To Boost Wealth Of Bumiputera Households Via Various Mechanisms

PUTRAJAYA, Aug 7 (Bernama) -- The government will continue to strengthen the wealth of bumiputera households, particularly among the B40 and M40 income groups, through efforts to increase savings and investment opportunities, as well as skill development to raise incomes.

Selangor Unveils RS-2, Targets RM600 Bln In Economic Value By 2030

SHAH ALAM, Aug 7 (Bernama) -- The Selangor government today unveiled the Second Selangor Plan (RS-2), a five-year economic blueprint outlining six strategic missions across 25 focus areas, with a target of generating RM600 billion in economic value over the plan period. 

Fortude's AI-Driven Delivery Model Shortens ERP Implementation Timelines

KUALA LUMPUR, Aug 7 (Bernama) -- Fortude, a global digital solutions company, has introduced its artificial intelligence (AI)-driven delivery model for Infor CloudSuite implementations.

MATRADE Encourages Sabah Entrepreneurs To Leverage MIHAS INSP To Penetrate Global Markets

KOTA KINABALU, Aug 7 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is encouraging Sabah entrepreneurs to participate in the Malaysia International Halal Exhibition (MIHAS) 2026 and register for the International Sourcing Programme (INSP) organised in conjunction with the exhibition.

Jelawang Capital, Dana Perintis Channel RM588 Mln Into Malaysian Startups In 2025

KUALA LUMPUR, Aug 7 (Bernama) – Khazanah Nasional Bhd’s (Khazanah) Jelawang Capital and the Retirement Fund Inc’s (KWAP) Dana Perintis anchored the venture stage, channelling RM588 million into startups across the consumer, digital, agritech and edtech sectors in 2025.

GLCs, GLICcs Drive Bumiputera Growth Through RM49 Bln Procurement, Wealth Initiatives

KUALA LUMPUR, Aug 7 (Bernama) -- Government-linked companies (GLCs) and government-linked investment companies (GLICs) have together backed up Bumiputera firms through procurement, growth capital, public listings and capability-building initiatives under the Government-Linked Enterprises Activation and Reform Programme (GEAR-uP) agenda.

Foreign Investors Return To Malaysian Equities With RM300.9 Mln Net Inflows In July

KUALA LUMPUR, Aug 6 (Bernama) -- Foreign investors returned to Malaysian equities in July, recording RM300.9 million in net inflows, with buying concentrated in financial services, transportation and logistics, and utilities.