Kenanga Raises Loan Growth Forecast To 5.5-6.0 Pct, Expects OPR To Stay At 2.75 Pct

KUALA LUMPUR, Nov 2 (Bernama) -- Kenanga Investment Bank Bhd has raised its loan growth forecast for this year to a range of 5.5 per cent to six per cent from five per cent to 5.5 per cent, with projections extended into 2027.

Ringgit Opens Higher On Expectations Of OPR Normalisation

KUALA LUMPUR, Nov 2 (Bernama) -- The ringgit opened higher against the US dollar and major currencies on Monday, supported by expectations of a possible overnight policy rate (OPR) normalisation ahead of Bank Negara Malaysia’s Monetary Policy Committee (MPC) meeting this Thursday.

Penang Seeks To Boost Cruise Tourism With New '3I Strategy'

GEORGE TOWN, Oct 31 (Bernama) -- Penang is stepping up efforts to strengthen its position as a leading cruise tourism destination with the introduction of a proposed ‘3I Strategy’ aimed at enhancing port facilities and attracting new international cruise routes.

Bursa Malaysia Expected To Consolidate Next Week, Trade Within 1,600-1,630 Level

By K. Naveen Prabu & Danni Haizal Danial Donald

KUALA LUMPUR, Oct 31 (Bernama) -- Bursa Malaysia is expected to consolidate next week, with the FTSE Bursa Malaysia KLCI (FBM KLCI) projected to trade within the 1,600-1,630 range amid a mildly positive bias.

Global Air Passenger Demand Down 0.5 Pct In September Amid Weaknesses In Middle East, North America

KUALA LUMPUR, Oct 30 (Bernama) -- Total global air passenger demand, measured in revenue passenger kilometres (RPK), was down 0.5 per cent in September 2026 compared to the same month last year, reflecting weaknesses in the Middle East and North America.

Cuscapi Proposes RM190 Mln Capital Reduction, 15 Pct Share Scheme

KUALA LUMPUR, Oct 30 (Bernama) -- Cuscapi Bhd has proposed a share capital reduction (SCR) of up to RM190 million pursuant to Section 117 of the Companies Act 2016.

KTMB's Freight Revenue Rises 10 Pct To RM96 Mln In 9M 2026

KUALA LUMPUR, Oct 30 (Bernama) -- Keretapi Tanah Melayu Bhd (KTMB) continues to strengthen its freight business, recording RM96 million in revenue for the first nine months (9M) of 2026, up 10 per cent from the same period last year.

Rubber Market Ends Lower On Regional Weakness, Stronger Ringgit

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 30 (Bernama) -- The Kuala Lumpur rubber market closed lower on Friday, weighed down by weaker sentiment in regional rubber futures markets and a stronger ringgit against the US dollar, a dealer said.

Xsolla: Local Payments Key To Southeast Asia Gaming Growth

KUALA LUMPUR, Oct 30 (Bernama) -- Indonesia, Thailand and Vietnam generated about US$3.8 billion in video game revenue, or 68.5 per cent of Southeast Asia’s spending on mobile and personal computer (PC) games, according to a report by global video game commerce company Xsolla and Niko Partners. (US$1 = RM4.05)

HSBC Upgrades Malaysia's 2026 GDP Growth To 5.5 Pct

KUALA LUMPUR, Oct 30 (Bernama) -- HSBC has upgraded Malaysia’s 2026 economic growth to 5.5 per cent from 5.2 per cent, the third consecutive year above the five per cent threshold, according to HSBC. 

Ringgit Opens Higher Against US Dollar For 10th Consecutive Day

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit opened higher against the US dollar for the 10th consecutive trading day on Friday, reflecting sustained positive sentiment towards the local currency at the start of trading.

Global Air Cargo Demand Up 7.7 Pct In September 2026 -- IATA

KUALA LUMPUR, Oct 29 (Bernama) -- Total air cargo demand, measured in cargo tonne-kilometres (CTK), rose 7.7 per cent year-on-year (y-o-y) in September 2026, with international demand increasing 8.6 per cent, according to the International Air Transport Association (IATA).