13d ago
By Siti Noor Afera Abu
KUALA LUMPUR, July 17 (Bernama) -- Bursa Malaysia’s key index closed higher on Friday, supported by sustained foreign fund inflows and improving domestic macroeconomic fundamentals.
13d ago
PETALING JAYA, July 17 (Bernama) -- MBSB Bank Bhd today signed a memorandum of understanding (MoU) with the Northern Corridor Implementation Authority (NCIA) to accelerate economic growth across the Northern Corridor Economic Region (NCER) with financing facilities of up to RM1 billion.
13d ago
KUALA LUMPUR, July 17 (Bernama) -- The government's stronger-than-expected revenue collection in the first five months of 2026 (5M2026) has created additional fiscal space to respond to emerging challenges, including rising global energy prices, said AmBank Group chief economist Firdaos Rosli.
14d ago
KUALA LUMPUR, July 16 (Bernama) -- Malaysia should adopt a phased and fiscally prudent approach if it decides to establish a national petroleum reserve stock, ensuring the initiative strengthens long-term energy resilience without placing unnecessary pressure on public finances, according to IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan.
14d ago
KUALA LUMPUR, July 16 (Bernama) -- The Malaysian Anti-Corruption Commission (MACC) has unfrozen all affected bank accounts of Padini Holdings Bhd and its subsidiaries that were previously held as part of an investigation.
14d ago
KUALA LUMPUR, July 16 (Bernama) -- CIMB Islamic Bank Bhd and Cagamas Bhd have partnered to execute three landmark transactions totalling RM650 million comprising Malaysia's first Malaysia Islamic Overnight Rate (MYOR-i)-referenced Islamic Medium Term Notes (Sukuk), Islamic Profit Rate Swap (IPRS) and Islamic Asset Purchase Transaction.
14d ago
KUALA LUMPUR, July 16 (Bernama) -- Cagamas Bhd has successfully executed Malaysia’s first Malaysia Islamic Overnight Rate (MYOR-i)-referenced Islamic Medium Term Notes (sukuk) and Islamic Profit Rate Swap (IPRS) transactions, comprising a RM300 million one-year MYOR-i sukuk and a RM100 million five-year MYOR-i IPRS.
15d ago
KUALA LUMPUR, July 15 (Bernama) -- Malaysia is expected to keep its 2026 fiscal deficit broadly on track despite allocating an additional RM25 billion for fuel subsidies, with the deficit to come in at 3.6 per cent of gross domestic product (GDP).
15d ago
JAKARTA, July 15 (Bernama) -- Indonesia's external debt rose to US$444.4 billion in May, with annual growth accelerating slightly to 2.1 per cent year-on-year (y-o-y) from 2.0 per cent in April, supported by continued expansion in public sector borrowing.
15d ago
KUALA LUMPUR, July 15 (Bernama) -- The Asian Productivity Organization (APO), a regional intergovernmental organisation, has formally handed over the National Productivity Master Plan for Nepal 2026–2036 to the Government of Nepal during an online ceremony jointly organised with the National Productivity and Economic Development Centre (NPEDC) and the Ministry of Industry, Commerce, and Supplies.
17d ago
KUALA LUMPUR, July 13 (Bernama) -- The government aims to develop a comprehensive social protection system over the long term as one of the steps to prepare Malaysia for aged nation status, according to the Ministry of Economy.
17d ago
KUALA LUMPUR, July 13 (Bernama) -- Deputy Finance Minister Liew Chin Tong has proposed that Malaysia establish a one-stop centre for semiconductor and deep-tech financing, offering integrated financing solutions in the heart of Malaysia’s technology cluster.