15d ago
KUALA LUMPUR, July 17 (Bernama) -- AmBank (M) Bhd expects Malaysia's gross domestic product (GDP) in the second quarter of 2026 (2Q2026) to grow by 5.6 per cent, supported by private consumption fuelled by festive spending during the quarter and steady private investment
15d ago
KUALA LUMPUR, July 17 (Bernama) -- Projects such as the Rapid Transit System (RTS) Link, the Johor-Singapore Special Economic Zone (JS-SEZ), expanding logistics networks and continued investments in industrial and digital infrastructure are expected to reshape Johor's economic landscape.
15d ago
KUALA LUMPUR, July 17 (Bernama) -- Telekom Malaysia Bhd’s (TM) wholesale segment is expected to remain its key growth driver, supported by 5G fibre backhaul, data centre co-location and connectivity services, as well as the commissioning of new sub-sea cables, said RHB Investment Bank Bhd (RHB IB).
15d ago
KUALA LUMPUR, July 17 (Bernama) -- Padini Holdings Bhd’s shares surged 12.67 per cent in early trade on Friday after the Malaysian Anti-Corruption Commission (MACC) confirmed that all previously frozen company bank accounts have been fully unfrozen.
15d ago
KUALA LUMPUR, July 17 (Bernama) -- Bursa Malaysia retreated to open slightly lower on Friday on profit-taking, in line with Wall Street’s weaker overnight performance.
15d ago
KUALA LUMPUR, July 17 -- The ringgit opened higher against most major currencies but was flat against the US dollar on Friday, as investors remained cautious ahead of the release of Malaysia’s advance estimate for the second quarter (2Q) gross domestic product (GDP) today, an analyst said.
15d ago
KUALA LUMPUR, July 17 (Bernama) -- Malaysia’s move to study the establishment of a national petroleum reserve stock reflects a broader shift in national policy as rising geoeconomic risks compel countries to place greater emphasis on energy security alongside economic resilience, according to experts.
15d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, July 16 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rebounded to close higher on Thursday, driven by stronger Chicago Board of Trade (CBOT) soybean oil prices.
15d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, July 16 (Bernama) -- The ringgit ended marginally higher against the US dollar today, supported by softer-than-expected United States (US) inflation data and reduced expectations of a near-term rate hike.
15d ago
By Siti Noor Afera Abu
KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia’s key index rebounded from yesterday’s losses to close higher on Thursday, driven by broad-based buying across multiple sectors.
15d ago
SINGAPORE, July 16 (Bernama) -- Singaporeans’ consumer spending in Johor Bahru is projected to increase by S$1.05 billion (S$1=RM3.15) a year following the opening of the Johor Bahru-Singapore Rapid Transit System (RTS) Link, a study revealed.
15d ago
KUALA LUMPUR, July 16 (Bernama) -- The Kuala Lumpur rubber market extended its losses for a second straight session on Thursday, pressured by declines in regional rubber futures markets and weaker benchmark crude oil prices, a dealer said.