18d ago
KUALA LUMPUR, Aug 26 (Bernama) -- Financial advisory firm IPPFA Sdn Bhd has raised Malaysia's gross domestic product (GDP) growth forecast for 2026 to 5.4 per cent from 4.6 per cent previously.
18d ago
KUALA LUMPUR, Aug 26 (Bernama) -- Coventry has announced the successful completion of its fourth asset-backed securitisation since April 2025 under its LILY programme, bringing total life insurance-backed financing across the platform to US$1 billion. (US$1=RM4.03)
18d ago
KUALA LUMPUR, Aug 26 (Bernama) -- UOB Malaysia, RHB Banking Group (RHB) and Malayan Banking Bhd (Maybank) have successfully executed the first Malaysia Overnight Rate (MYOR)-based three-month interbank money market transaction, incorporating a two-day lookback calculation convention.
18d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Aug 26 (Bernama) -- Malaysia’s automotive industry has room to further leverage the country’s strong electrical and electronics (E&E) ecosystem as vehicles increasingly shift toward electrical and electronic components, according to Proton Holdings Bhd.
18d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Aug 26 (Bernama) -- Proton Holdings Bhd expects its total vehicle sales to reach 200,000 units in 2026, which will mark its highest annual sales performance in 15 years, following a strong first-half (1H) performance.
18d ago
KUALA LUMPUR, Aug 26 (Bernama) -- Malaysia needs to address the lack of investment across its shipping and logistics ecosystem as gateway cargo grows while capacity in supporting industries shrinks, said Shipping Association Malaysia (SAM) chairman Ooi Lean Hin.
19d ago
KUALA LUMPUR, Aug 25 (Bernama) -- Moody’s Analytics expects growth across the Asia-Pacific region to moderate to 4.2 per cent this year from 4.3 per cent in 2025, before slowing further to 3.6 per cent next year, as higher prices and tighter policy weigh on demand.
19d ago
KUALA LUMPUR, 25 Aug (Bernama) -- It goes without saying the insurance sector played a vital role from Malaysia’s pre-independence era to the present day in providing financial protection to individuals, businesses, mobilising capital and act as a stabilising factor during economic crises.
19d ago
By Muhammad Fawwaz Thaqif Nor Afandi
SUNGAI BULOH, Aug 25 (Bernama) -- What started as a small venture selling Malaysian ice cream during the COVID-19 pandemic has grown into a thriving dessert business for Nur Sabrina Md Salleh.
19d ago
KUALA LUMPUR, Aug 25 (Bernama) -- Kuantan Port Consortium Sdn Bhd has projected liquefied carbon dioxide (CO2) handling to reach five million tonnes per year by 2030 in the first phase, potentially rising to 30 million tonnes per annum by 2050.
20d ago
KUALA LUMPUR, Aug 24 (Bernama) -- Kuala Lumpur Kepong Bhd (KLK) posted a net loss of RM1.34 billion in the third quarter of 2026 compared with a net profit of RM346.59 million in the same quarter a year ago after accounting for a RM1.62 billion impairment loss on investment in an overseas associate, United Kingdom-listed Synthomer plc.
20d ago
KUALA LUMPUR, Aug 24 (Bernama) -- The strengthening of the governance of Lembaga Tabung Haji (TH) is important from an economic perspective, taking into account the role and scale of the institution which manages the trust of more than 9.8 million depositors and holds a significant position as an institutional investor in the domestic economy.