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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.
PUTRAJAYA, July 28 (Bernama) -- Malaysia needs fresh reform momentum to strengthen fiscal sustainability, boost productivity and improve education to sustain strong and resilient economic growth, according to the Organisation for Economic Co-operation and Development (OECD).
PUTRAJAYA, July 28 (Bernama) -- Malaysia is now just 7.1 per cent below the World Bank’s high-income threshold, thanks to the 5.8 per cent economic expansion in the second quarter of this year, said Economy Minister Akmal Nasrullah Mohd Nasir.
KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia’s (BNM) supervisory framework should evolve to become more collaborative and consultative with the financial industry, including greater use of regulatory sandboxes, said former BNM deputy governor Datuk Ooi Sang Kuang.
KUALA LUMPUR, July 28 (Bernama) -- Every application for a new data centre project will undergo a stringent assessment process to ensure electricity and water supplies for local households and industries are not affected, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin.
KUALA LIMPUR, July 28 (Bernama) -- The government is looking to establish an economic security framework to strengthen the country's resilience against future crises, says the economic advisor to the Prime Minister's Office Nurhisham Hussein.
KUALA LUMPUR, July 28 (Bernama) -- Sime Darby Property Bhd's New Economy Venture (NEV) platform, Sime Darby Property NEV (Holdings) Sdn Bhd (SDP NEV), has established a sukuk programme of up to RM2.6 billion to finance the development of build-to-suit-to-lease data centres as well as industrial and logistics assets.
GEORGE TOWN, July 28 (Bernama) -- Penang is making steady progress in its renewable energy transition, with clean energy now contributing about six per cent of the state’s energy mix.
KUALA LUMPUR, July 28 (Bernama) -- The government ensures that every application for a new data centre project go through a strict assessment process to make sure that electricity and water supplies to households and local industries are not affected.
KUALA LUMPUR, July 28 (Bernama) -- Despite the energy supply shock, Malaysia’s economy remains well on track to grow by four to five per cent, likely towards the upper end of the range, with manageable inflation in 2026, Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour said.
KUALA LUMPUR, July 28 (Bernama) -- Malaysia’s successful US$1.5 billion global sukuk issuance last week shows investors’ confidence in its economic fundamentals, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
KUALA LUMPUR, July 27 (Bernama) -- Property developer Oriental Interest Bhd (OIB) has proposed to acquire the entire equity interest in Chin Hin (Jitra) Sdn Bhd (CHJSB) and CHJ Motor Holdings Sdn Bhd (CMHSB) for RM280 million.
