4d ago
KUALA LUMPUR, Oct 29 (Bernama) -- Upfront financing support is needed to help Malaysia’s iron and steel producers fund capital-intensive investments and transition to green steel production, said the Socio-Economic Research Centre (SERC).
4d ago
SUBANG JAYA, Oct 29 (Bernama) -- Malaysia’s iron and steel industry can seize opportunities to shift to higher-value production by supplying the automotive, data centre, and aerospace sectors, Deputy Investment, Trade and Industry Minister Sim Tze Tzin said.
4d ago
KUALA LUMPUR, Oct 29 (Bernama) -- The RM1 billion signalled in Budget 2027 for investment in nationwide electronic medical records will create longer-term opportunities for health information technology (IT), interoperability and digital infrastructure, while supporting continued efforts to expand health records.
4d ago
KUALA LUMPUR, Oct 28 (Bernama) -- Commodity prices are set to rise 23 per cent in 2026 as global shocks mount with the West Asia conflict having drawn down oil inventories and is set to push energy prices to a four-year high, according to the World Bank Group’s latest Commodity Markets Outlook released today.
5d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 28 (Bernama) -- The Kuala Lumpur rubber market ended mixed today, tracking gains in regional rubber futures, said a dealer.
5d ago
KUALA LUMPUR, Oct 28 (Bernama) -- Fitch Ratings estimates Malaysia’s Islamic finance industry to have exceeded US$800 billion (US$1 = RM4.08) at the end of the third quarter of 2026 (3Q26), with growth expected to continue, supported by a deep domestic market, a mature ecosystem and policy support under Budget 2027.
6d ago
KUALA LUMPUR, Oct 27 (Bernama) -- Nestle (Malaysia) Bhd’s net profit rose to RM197.51 million for the third quarter (3Q) ended Sept 30, 2026, compared to RM114.04 million in the same quarter a year ago supported by higher sales.
6d ago
KUALA LUMPUR, Oct 27 (Bernama) -- LPI Capital Bhd’s net profit fell 15.7 per cent to RM96.82 million in the third quarter (3Q) ended Sept 30, 2026, from RM114.83 million a year earlier, due to lower profit from its investment holding segment.
7d ago
KUALA LUMPUR, Oct 26 (Bernama) -- Brent crude oil prices have risen to US$117 (US$1=RM4.08) per barrel, driven by intensifying Houthi attacks on Saudi infrastructure and slower flows through the Strait of Hormuz, according to Rystad Energy.
9d ago
KUALA LUMPUR, Oct 24 (Bernama) -- The ringgit is expected to trade within a narrow range of RM4.07 to RM4.08 against the US dollar next week as investors monitor the outcome of the US Federal Open Market Committee (FOMC) meeting scheduled for Oct 27-28.
10d ago
KUALA LUMPUR, Oct 23 (Bernama) -- Global credit rating agency, AM Best announced its analytic team members will present their outlooks on China’s non-life insurance segment and the global and Asian reinsurance markets at the 2026 Shanghai International Reinsurance Conference, to be held from Oct 27 to 30.
10d ago
KUALA LUMPUR, Oct 23 (Bernama) -- The government’s higher RM16 billion allocation for Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA), along with the personal income tax measure under Budget 2027, is expected to sustain household consumption and support retail sector earnings, particularly among essential goods and value retailers.