16d ago
PUTRAJAYA, July 29 (Bernama) -- Malaysia’s nominal Gross Domestic Product (GDP) expanded 4.8 per cent to RM2.03 trillion in 2025 with Compensation of Employees (CE) accounting for 33.9 per cent of GDP, up from 33.6 per cent in 2024.
16d ago
KUALA LUMPUR, July 29 (Bernama) -- The Federal Government's fiscal deficit has continued to shrink for five consecutive years, demonstrating the government's commitment to an economic and fiscal reform plan that has yielded results, said Deputy Finance Minister Liew Chin Tong.
16d ago
KUALA LUMPUR, July 29 (Bernama) -- Nestlé (Malaysia) Bhd’s share price rose after its net profit for the second quarter of the financial year ending Dec 31, 2026 (2Q 2026) rose to RM155.01 million from RM112.11 million a year earlier.
17d ago
By Karina Imran & Danni Haizal Danial Donald
KUALA LUMPUR, July 28 (Bernama) -- Malaysia is well-positioned to attract even greater passive investment flows by capitalising on the ongoing global shift toward passive investing with continued follow-through in policies and reforms, participants at the Sasana Symposium 2026 were told today.
17d ago
By Anas Abu Hassan
SINGAPORE, July 28 (Bernama) -- Singapore Airlines (SIA) Group posted a net loss of S$76 million (S$1=RM3.16) during the first quarter (1Q) ended June 30, 2026, compared to net profit of S$186 million in the same quarter of the preceding year.
17d ago
By Anas Abu Hassan
SINGAPORE, July 28 (Bernama) -- The Monetary Authority of Singapore (MAS) recorded a net profit of S$20.0 billion (S$1=RM3.16) for the financial year ended March 31, 2026 (FY2025/26), driven by strong investment gains.
17d ago
By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia closed marginally lower on Tuesday as investors turned cautious ahead of a busy week featuring the US Federal Reserve’s (Fed) policy meeting and earnings releases from major US technology companies.
17d ago
KUALA LUMPUR, July 28 (Bernama) -- Axe Compute Inc, a neocloud artificial intelligence (AI) infrastructure company, has announced a new five-year customer agreement with a total committed contract value of over US$1.5 billion to deploy a dedicated AI infrastructure cluster powered by NVIDIA Blackwell in the United States (US). (US$1=RM4.08)
17d ago
GEORGE TOWN, July 28 (Bernama) -- Mi Equipment (M) Sdn Bhd will continue expanding its research and development (R&D) capabilities and manufacturing capacity in Penang as it strengthens its position as a global player in the advanced semiconductor packaging industry.
17d ago
KUALA LUMPUR, July 28 (Bernama) -- Nestlé (Malaysia) Bhd’s net profit for the second quarter of the financial year ending Dec 31, 2026 (2Q 2026) rose to RM155.01 million from RM112.11 million a year earlier, underpinned by broad-based topline growth, effective cost management and improved efficiencies across the value chain.
17d ago
PUTRAJAYA, July 28 (Bernama) -- The Organisation for Economic Co-operation and Development (OECD) has forecast Malaysia’s economy to record solid growth of around five per cent on average this year and in 2027 despite global uncertainties.
17d ago
KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia continued its downtrend to close lower at midday, in line with regional sell-off on tech stocks following US chipmaker Nvidia’s talks with OpenAI to help fund a US$250 billion backstop.