19d ago
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.
19d ago
KUALA LUMPUR, Aug 14 (Bernama) -- Resintech Bhd's 55 per cent-owned subsidiary, Johan Panglima (M) Sdn Bhd, has secured Commodity Murabahah term financing facilities totalling RM41 million from Alliance Islamic Bank Bhd to redeem land and part-finance a hostel and retail development in Selangor.
19d 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.
19d ago
KUALA LUMPUR, Aug 14 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed lower on Friday.
19d ago
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.
19d 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.
19d ago
GEORGE TOWN, Aug 14 (Bernama) -- Penang recorded more than RM350 billion in electrical and electronics (E&E) exports in the first half of 2026 (1H 2026), an increase of more than 80 per cent compared with the same period last year.
19d ago
KUALA LUMPUR, Aug 14 (Bernama) -- The government’s proactive response to the West Asia crisis, including financing support for affected small and medium enterprises (SMEs) and targeted fuel subsidies, helped sustain household spending and business activity in the country.
19d 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.
19d 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.
20d 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.
20d ago
By K. Naveen Prabu
KUALA LUMPUR, Aug 14 (Bernama) -- The rubber market ended lower on Friday, weighed down by a slightly stronger ringgit against the US dollar, a dealer said.