Pulau Jerejak Can Become Financial Hub To Complement High-Tech Sector - Sim
GEORGE TOWN, Aug 14 (Bernama) -- Pulau Jerejak has the potential to be developed as a financial hub to complement the semiconductor and high-tech sector in Bayan Lepas.
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Malaysia Can Achieve High-Income Status In 3 Years - Sim
GEORGE TOWN, Aug 14 (Bernama) -- Malaysia has the potential to achieve high-income nation status in the next two to three years if the people continue to work hard and remain united in driving the country's progress.
No Revision To 2026 GDP Growth Forecast Of 5.0 Pct For Now - BNM
KUALA LUMPUR, Aug 14 (Bernama) -- Bank Negara Malaysia (BNM) said that there is no need to revise Malaysia’s 2026 gross domestic product (GDP) growth forecast at this juncture, remaining confident that growth will likely settle around five per cent.
Ringgit Remains Broadly Stable Against Major Trading Partners In 2Q 2026 - BNM
KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit remained broadly stable against the currencies of major trading partners in the second quarter (2Q) of 2026, amid evolving global financial conditions, particularly the shift in market expectations due to the direction of United States monetary policy, said Bank Negara Malaysia (BNM).
Bursa Malaysia Stays Lower At Midday
KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia remained lower at midday as the market digested Malaysia’s second-quarter (2Q) gross domestic product (GDP) data, which showed 6.0 per cent growth.
Malaysia's Economy Grows 6.0 Pct In 2Q 2026, Beating DOSM's Advance Estimates -- BNM
KUALA LUMPUR, Aug 14 (Bernama) -- Malaysia's economy expanded by 6.0 per cent in the second quarter of 2026 (2Q 2026), surpassing the Department of Statistics Malaysia's (DOSM) advance estimate of 5.8 per cent, according to Bank Negara Malaysia (BNM).
2026 CPO Price Forecast Maintained At RM4,400 Per Tonne Amid El Nino Risk - Kenanga IB
KUALA LUMPUR, Aug 14 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained its crude palm oil (CPO) price forecast of RM4,400 per tonne for 2026 and RM4,450 per tonne for 2027, pending the upcoming results season.
Bursa Malaysia Lower In Early Trade
KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia opened higher on Friday but soon retreated, with profit-taking seen in industrial products and construction counters, despite Wall Street’s ending higher overnight.
Ringgit Opens Higher Against Major, ASEAN Currencies Ahead Of 2Q GDP Announcement
KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit opened higher against major and ASEAN currencies ahead of Malaysia's gross domestic product (GDP) announcement for the second quarter of 2026 (2Q 2026) today, an economist said.
Maxis Appoints CEO Goh Seow Eng As Executive Director
KUALA LUMPUR, Aug 13 (Bernama) -- Maxis Bhd has announced the appointment of its chief executive officer (CEO) Goh Seow Eng to its board of directors effective today.
Ringgit Closes Almost Unchanged Vs US Dollar Ahead Of 2Q 2026 GDP Announcement Tomorrow
KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit closed almost unchanged against the US dollar ahead of Malaysia’s gross domestic product (GDP) announcement for the second quarter tomorrow, as investors adopted a wait-and-see approach after US inflation data came in within expectations, supporting the greenback.
Singapore Entity Secures Green Financing For Johor Data Centre Campus
KUALA LUMPUR, Aug 13 (Bernama) -- ST Telemedia Global Data Centres (STT GDC) has secured a green financing facility of up to US$1.37 billion (RM5.6 billion) to support the development of its flagship Malaysian data centre campus in Johor.