4d ago
KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia’s RM83 billion development expenditure allocation under Budget 2027 offers an opportunity to strengthen the country’s economic foundations, expand business opportunities and support sustainable growth, according to Malaysian Rating Corporation Bhd (MARC).
5d ago
KUALA LUMPUR, Oct 16 (Bernama) -- RHB Bank Bhd has maintained its 2027 gross domestic product (GDP) growth forecast for Malaysia at 4.9 per cent, following the tabling of Budget 2027.
5d ago
KUALA LUMPUR, Oct 16 (Bernama) -- The Pahang state government has secured 12 investment commitment agreements worth RM421 million at the Selangor International Business Summit (SIBS) 2026.
5d ago
KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia’s data centre market is projected to grow at a compound annual growth rate (CAGR) of 33 per cent from 2025 to 2030, according to S&P Global Ratings.
5d ago
KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia’s funding requirements for data centres and associated graphics processing units (GPUs) are expected to exceed domestic bank lending limits over the next three years, according to S&P Global Ratings.
5d ago
KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia’s economy expanded by 5.3 per cent in the third quarter of 2026 (3Q 2026), after registering 6.0 per cent growth in the preceding quarter, according to the Department of Statistics Malaysia (DOSM).
5d ago
KUALA LUMPUR, Oct 16 (Bernama) -- PKNS FM Integrated Sdn Bhd (PKNS FMI) has partnered with Selangor Advance under the Selangor Advance 500 (SA500) initiative to improve access to financing for local contractors and small and medium enterprises (SMEs).
5d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit opened flat against the US dollar on Friday as external factors, including expectations of a restrictive US monetary policy, offset support from a weaker greenback.
5d ago
KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia should continue fiscal consolidation, broaden its tax base and improve subsidy targeting to strengthen its resilience to future economic shocks, according to the International Monetary Fund (IMF).
5d ago
LABUAN, Oct 15 (Bernama) -- Labuan Corporation (LC) has appointed entrepreneur Jeffrey Lim Tau Hoong as chief executive officer of its wholly owned investment subsidiary, Invest Labuan Sdn Bhd (ILSB), effective today.
5d ago
KUALA LUMPUR, Oct 15 (Bernama) -- Eligible renewable energy developers under the Corporate Renewable Energy Supply Scheme (CRESS) Acceleration Package (CAP) will benefit from a fixed system access charge (SAC) of 14 sen per kilowatt-hour (kWh) for 10 years, while green consumers will be subject to a separate charge of four sen/kWh.
5d ago
KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia’s gross domestic product (GDP) is expected to grow by 5.2 per cent in 2026 and 4.7 per cent in 2027, amid regional economic uncertainty, according to the International Monetary Fund (IMF).