KUALA LUMPUR, Aug 17 (Bernama) -- Perbadanan Insurans Deposit Malaysia (PIDM) has appointed Afiza Abdullah as its chief executive officer (CEO) for a three-year term, effective Aug 28, 2026, succeeding Rafiz Azuan Abdullah, who has led the organisation for nine years.
KUALA LUMPUR, Aug 17 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has retained its ringgit forecast of RM3.95 to the US dollar by year-end, underpinned by resilient growth, a sustained current account (CA) surplus and record foreign-currency deposits.
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.
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.
By Nurunnasihah Ahmad Rashid & Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Aug 17 (Bernama) -- The ringgit opened higher against the US dollar, tracking Malaysia’s stronger-than-expected second quarter 2026 (2Q 2026) Gross Domestic Product (GDP) growth of 6.0 per cent, said an economist.
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.
By Engku Shariful Azni Engku Ab Latif & Abdul Hamid A Rahman
KUALA LUMPUR, Aug 15 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to trade with an upward bias next week, within a relatively narrow range, in line with the cash market, an analyst said.
By Mohd Fharkhan Abdul Ghapar dan Nor Azeera Adam
KUALA LUMPUR, Aug 15 (Bernama) -- The ability of national institutions to continue functioning professionally and the consistency of policies have become key strengths for Malaysia in maintaining economic resilience and investor confidence, despite the dynamic domestic political environment.
By Engku Shariful Azni Engku Ab Latif & Abdul Hamid A Rahman
KUALA LUMPUR, Aug 15 (Bernama) -- Bursa Malaysia is expected to trade with an upside bias next week but within the narrow range of 1,740-1,750 points.
By Harizah Hanim Mohamed
KUALA LUMPUR, Aug 15 (Bernama) -- The ringgit is expected to trade around RM4.07 to RM4.08 with an upside bias next week, on sentiment brought about by Malaysia’s gross domestic product (GDP) announcement on Friday.
KUALA LUMPUR, Aug 14 (Bernama) -- Investment banks remained positive on Malaysia’s economic growth outlook for 2026, forecasting gross domestic product (GDP) growth of between 4.8 and 5.4 per cent.
By Harizah Hanim Mohamed
KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit firmed against the US dollar on Friday as Malaysia’s stronger-than-expected Gross Domestic Product growth for the second quarter of the year (2Q 2026) supported the local currency.
