2d ago
KUALA LUMPUR, Oct 6 (Bernama) -- The banking industry and PayNet are working towards introducing industry-wide fraud alert capabilities, with pilot testing involving selected banks targeted for the first half (1H) of 2027.
2d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 6 (Bernama) -- Bursa Malaysia opened higher on Tuesday, in sync with Wall Street's positive overnight momentum, as muted oil prices following a recovery in West Asia crude exports offset a continued sell-off in US Treasuries.
2d ago
KUALA LUMPUR, Oct 6 (Bernama) -- The Bahrain Grand Prix in Malaysia provided a boost to tourism and services activity in the fourth quarter (Q4), while its overall financial impact will be important in assessing the economic viability of hosting Formula One (F1) races in Malaysia on a permanent basis, economists said.
3d ago
KUALA LUMPUR, Oct 5 (Bernama) -- Conglomerate IJM Corporation Bhd (IJM Corp) has announced the appointment of Datuk Johan Idris as independent non-executive director and chairman.
3d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 5 (Bernama) -- Bursa Malaysia closed slightly higher today, in line with upbeat regional markets, as improved risk appetite was supported by softer US labour data, that reduced expectations of further Federal Reserve tightening and eased pressure on bond yields.
3d ago
KUALA LUMPUR, Oct 5 (Bernama) -- Development expenditure under the 12th Malaysia Plan (12MP) totalled RM397.85 billion as at Dec 31, 2025, remaining below the approved ceiling of RM415 billion, the Auditor-General’s Report (LKAN) 2/2026 said.
3d ago
KUALA LUMPUR, Oct 5 (Bernama) -- The financial position of households has remained generally resilient, supported by Malaysia's stable labour market conditions, according to Bank Negara Malaysia (BNM).
3d ago
KUALA LUMPUR, Oct 5 (Bernama) -- The federal government’s financial performance in 2025 improved, with the deficit falling by RM3.878 billion, bringing the deficit-to-gross domestic product ratio to 3.7 per cent from 4.1 per cent in 2024.
3d ago
KUALA LUMPUR, Oct 5 (Bernama) -- Kelington Group Bhd’s wholly owned subsidiary, Kelington Technologies Sdn Bhd, has secured an additional contract worth about RM133 million from a Sarawak-based manufacturing company for major structural steel works as part of an advanced data storage manufacturing facility project.
3d ago
KUALA LUMPUR, Oct 5 (Bernama) -- The Federal Government recorded a low collection rate of five per cent for outstanding loan arrears, with only RM465.0 million of the RM9.27 billion in arrears from the previous year successfully collected in 2025.
3d ago
KUALA LUMPUR, Oct 5 (Bernama) -- The implications of the West Asia conflict, which has disrupted global commodity supplies and strategic trade routes, have remained manageable for Malaysia's financial stability, according to Bank Negara Malaysia (BNM).
3d ago
By Anas Abu Hassan
SINGAPORE, Oct 5 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) has raised its economic growth forecast for Malaysia to 5.1 per cent in 2026 from 4.9 per cent previously, and to 4.8 per cent in 2027 from 4.7 per cent, driven by robust artificial intelligence (AI)-related exports and investment.