28d ago
KUALA LUMPUR, Aug 17 (Bernama) -- Malaysia’s stronger-than-expected second quarter (2Q) economic growth has prompted Public Investment Bank Bhd (PublicInvest) to raise its 2026 gross domestic product (GDP) forecast to 5.4 per cent year-on-year (y-o-y) from 4.6 per cent.
28d ago
KUALA LUMPUR, Aug 17 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Malaysia’s 2026 current account to remain firmly in surplus, maintaining a forecast at 2.1 per cent of gross domestic product (GDP), compared with 1.6 per cent in 2025.
28d ago
KUALA LUMPUR, Aug 17 (Bernama) -- IDFC FIRST Bank, one of India's fast-growing private banks, has received its inaugural international investment-grade issuer credit ratings from S&P Global Ratings, with a ‘BBB-’ long-term rating and ‘A-3’ short-term rating, both with a stable outlook.
29d ago
By Niam Seet Wei
KUALA LUMPUR, Aug 16 (Bernama) -- A year ago, during my Wolfson Press Fellowship at the University of Cambridge in the United Kingdom, I was grappling with a question I was not entirely sure I wanted to answer.
29d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Aug 16 (Bernama) -- Lembaga Tabung Haji (TH) needs to focus on reasonable and sustainable investment returns commensurate with the level of risk that can be accepted, with the protection of the savings of prospective pilgrims remaining a priority, according to an economist.
29d ago
PETALING JAYA, Aug 15 (Bernama) -- The government will focus on efforts to expand the use of artificial intelligence (AI) technology, including exploring systems that can promote the wider use of AI tools, when tabling the 2027 Budget this October.
30d ago
KUALA LUMPUR, Aug 14 (Bernama) -- DPS Resources Bhd’s (DPS) wholly-owned subsidiaries, DPS Energy Sdn Bhd (DPSE) and Shantawood Sdn Bhd (SSB), have entered into a memorandum of understanding (MoU) with CEIG (M) Sdn Bhd (CEIG) to explore potential collaboration in data centres and related infrastructure in Melaka.
30d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 14 (Bernama) -- Economists have raised their growth expectations for Malaysia’s economy in 2026 following the stronger-than-expected gross domestic product (GDP) performance in the second quarter (2Q) of 2026.
30d ago
KUALA LUMPUR, Aug 14 (Bernama) -- A six per cent growth in the second quarter (2Q) of 2026 illustrates that Malaysia’s economy continues to have strong momentum despite facing a challenging global environment, says Minister of Economy Akmal Nasrullah Mohd Nasir.
30d ago
KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia closed lower on Friday, even as utilities, healthcare, and financial services sectors saw increased buying interest following the release of Malaysia’s second-quarter (2Q) gross domestic product (GDP) data.
30d ago
KUCHING, Aug 14 (Bernama) -- Sarawak is taking steps to strengthen its position in the biotechnology and healthcare sectors through a proposed RM50 million investment to develop the Sarawak Regenerative BioFoundry at the Sarawak Bio-Industrial Park.
30d ago
GEORGE TOWN, Aug 14 (Bernama) -- Malaysia has the potential to achieve high-income nation status in the next two to three years if the people continue to work hard and remain united in driving the country's progress.