15d ago
KUALA LUMPUR, July 17 (Bernama) -- Malaysia's port operators are poised to benefit from trade rerouting and increased transhipment activity despite elevated logistics costs, said AmBank (M) Bhd chief economist Firdaos Rosli.
15d ago
KUALA LUMPUR, July 17 (Bernama) -- Malaysia’s economy expanded by 5.8 per cent in the second quarter of 2026 (2Q 2026), following the 5.4 per cent growth in the preceding quarter, according to the Department of Statistics Malaysia (DOSM).
19d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, July 13 (Bernama) – Ports, shipping lines and cargo owners are now confronting the formidable task of restoring global supply chains and clearing a backlog of vessels and cargo built up during months of conflict in and around the Strait of Hormuz, a process that industry players say could take weeks or even months.
20d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 12 (Bernama) -- Southeast Asia’s next growth cycle will not be written by one economy, one commodity cycle or one manufacturing corridor, but will instead be shaped by five economies, namely Malaysia, Indonesia, Thailand, the Philippines and Vietnam.
24d ago
KUALA LUMPUR, July 8 (Bernama) -- EIG, an institutional investor in the global energy and infrastructure sectors, announced that its liquefied natural gas (LNG) company, MidOcean Energy (MidOcean), has secured a US$1.13 billion investment from the Private Department of Sheikh Mohammed bin Khalid Al Nahyan (Private Department). (US$1=RM4.07)
25d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 7 (Bernama) -- The ringgit closed higher against the US dollar today, tracking gains in regional currencies as a weaker greenback and firmer crude oil prices lifted sentiment, an analyst said.
25d ago
By Karina Imran
KUALA LUMPUR, July 7 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent at its Monetary Policy Committee (MPC) meeting, supported by resilient external sector performance, moderate domestic demand and manageable inflationary risks, said economists.
30d ago
KEPALA BATAS, July 2 (Bernama) -- Ideal Property Group has completed all infrastructure works at its 880-acre (323.7-hectare) Penang Technology Park @ Bertam, with the development entering full delivery following the completion of its landmark entrance gateway.
30d ago
KUALA LUMPUR, July 2 (Bernama) -- Malaysia plans to repurpose sites of retiring coal-fired power plants into renewable energy (RE) hubs and battery energy storage facilities under a proposed National Coal Site Repurposing Framework, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
1m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, July 1 (Bernama) -- HSBC Private Bank and Premier Wealth has set a year-end target of 1,850 points for the FTSE Bursa Malaysia KLCI (FBM KLCI), implying about 10 per cent upside from current levels.
1m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, June 29 (Bernama) -- A fully liberalised gas market based on a willing seller-willing buyer principle, coupled with the removal of the gas price cap, is needed to attract more international players and spur a more competitive industry, said Malaysia Gas Association (MGA) president Abdul Aziz Othman.
1m ago
KUALA LUMPUR, June 29 (Bernama) -- Abaxx Technologies Inc (Abaxx) announced that Abaxx Exchange has surpassed one million futures contracts traded year-to-date as it marked the second anniversary of the Singapore-based commodity exchange.