Malaysia's Economy Remains Resilient, Supported By Manufacturing, Data Centres, Says S&P

KUALA LUMPUR, Sept 9 (Bernama) -- Malaysia’s economic outlook remains resilient, supported by strong manufacturing activity, sustained infrastructure investment and a rapidly expanding data centre sector, said S&P Global Ratings.

Ringgit Opens Higher Against US Dollar Amid Rate-hike Expectations

KUALA LUMPUR, Sept 9 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday as the greenback weakened, while markets weighed the prospects of interest rate hikes in the United States and Japan.

Data Centres Account For 9.28 Pct Of Total Electricity Consumption – ST

KUALA LUMPUR, Sept 8 (Bernama) -- Data centres currently account for 9.28 per cent of total electricity consumption, according to the Energy Commission (ST).

Bumiputera Companies’ GDP Contribution Target To Be Reviewed -- Akmal Nasrullah

KUALA LUMPUR, Sept 7 (Bernama) -- The target to increase the contribution of Bumiputera micro, small and medium enterprises (MSMEs) from 15 per cent to potentially double by 2035 will be reviewed in greater detail at the end of this year or early next year, said Economy Minister Akmal Nasrullah Mohd Nasir.

BNM Holds OPR At 2.75 Pct As Growth Resilient, Inflation Contained

By Niam Seet Wei

KUALA LUMPUR, Sept 6 (Bernama) -- Sustainable economic growth, as well as contained inflation, were among the factors that led Bank Negara Malaysia (BNM) to maintain the overnight policy rate (OPR) at 2.75 per cent.

Shin Yang To Acquire Land In Kuching, Sarawak For RM34 Mln

KUALA LUMPUR, Sept 4 (Bernama) -- Shin Yang Group Bhd has entered into a sale and purchase agreement with Forescom Plywood Sdn Bhd to acquire an 8.32-hectare parcel of land at Pending Industrial Estate, Kuching, Sarawak, for RM34 million. 

Malaysia Airlines To Resume Busan, Firefly To Launch Kunming; MAG Catering Facility Due By 4Q 2028

KUALA LUMPUR, Sept 4 (Bernama) -- Malaysia Airlines will mark its return to Busan from Dec 2, 2026, reconnecting Kuala Lumpur with South Korea’s second-largest city after last serving the route between 1996 and 1998.

MAG Sees Significant Pressure For FY2026 Amid Higher Fuel Costs

KUALA LUMPUR, Sept 4 (Bernama) -- Malaysia Aviation Group (MAG) sees significant pressure for its financial year 2026 (FY2026) amid sustained increases in fuel prices. 

Banks' Asset Quality Resilient On Healthy Buffers, Proactive Risk Management - RAM

KUALA LUMPUR, Sept 4 (Bernama) -- Malaysian banks’ asset quality remains resilient, supported by healthy loss-absorption buffers and proactive credit risk management, RAM Ratings said.

Kerjaya Prospek Shares Rise On RM858 Mln Data Centre Contract Win

KUALA LUMPUR, Sept 4 (Bernama) -- Kerjaya Prospek Group Bhd (KPGB) shares rose in early trade today after the group secured an RM858 million contract for mechanical, electrical and plumbing (MEP) fit-out works at a data centre in Iskandar Puteri, Johor.

Strong Momentum To Drive Malaysia’s Economy To 5 Pct Growth In 2026 - Akmal Nasrullah

KUALA LUMPUR, Sept 3 (Bernama) -- Malaysia's economy is expected to grow by around 5 per cent in 2026, supported by strong momentum in the country's current economic growth, said Economy Minister Akmal Nasrullah Mohd Nasir.

AirAsia’s US$1 Bln Fundraising To Refinance Debt, Strengthen Balance Sheet

KUALA LUMPUR, Sept 2 (Bernama) -- AirAsia Group Bhd has clarified that its planned fundraising exercises, comprising up to US$1 billion (US$1=RM4.04) in international debt markets and RM700 million in local credit facilities, are primarily targeted at debt restructuring or refinancing and balance sheet consolidation, rather than purely funding operational shortfalls.