8d ago
KUALA LUMPUR, July 28 (Bernama) -- Nestlé (Malaysia) Bhd’s net profit for the second quarter of the financial year ending Dec 31, 2026 (2Q 2026) rose to RM155.01 million from RM112.11 million a year earlier, underpinned by broad-based topline growth, effective cost management and improved efficiencies across the value chain.
8d ago
PUTRAJAYA, July 28 (Bernama) -- Malaysia needs fresh reform momentum to strengthen fiscal sustainability, boost productivity and improve education to sustain strong and resilient economic growth, according to the Organisation for Economic Co-operation and Development (OECD).
8d ago
KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia continued its downtrend to close lower at midday, in line with regional sell-off on tech stocks following US chipmaker Nvidia’s talks with OpenAI to help fund a US$250 billion backstop.
8d ago
KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia’s (BNM) supervisory framework should evolve to become more collaborative and consultative with the financial industry, including greater use of regulatory sandboxes, said former BNM deputy governor Datuk Ooi Sang Kuang.
8d ago
KUALA LUMPUR, July 28 (Bernama) -- Malaysia’s resilient growth, durable trade surplus and disciplined monetary framework are expected to underpin the ringgit through the second half of 2026 (2H 2026), with the local currency projected to trade within the 3.90-4.20 range against the US dollar, said Juwai IQI global chief economist Shan Saeed.
8d ago
KUALA LIMPUR, July 28 (Bernama) -- The government is looking to establish an economic security framework to strengthen the country's resilience against future crises, says the economic advisor to the Prime Minister's Office Nurhisham Hussein.
8d ago
KUALA LUMPUR, July 28 (Bernama) -- Sime Darby Property Bhd's New Economy Venture (NEV) platform, Sime Darby Property NEV (Holdings) Sdn Bhd (SDP NEV), has established a sukuk programme of up to RM2.6 billion to finance the development of build-to-suit-to-lease data centres as well as industrial and logistics assets.
8d ago
KUALA LUMPUR, July 28 (Bernama) -- Despite the energy supply shock, Malaysia’s economy remains well on track to grow by four to five per cent, likely towards the upper end of the range, with manageable inflation in 2026, Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour said.
8d ago
KUALA LUMPUR, July 28 (Bernama) -- Malaysia’s successful US$1.5 billion global sukuk issuance last week shows investors’ confidence in its economic fundamentals, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
8d ago
KUALA LUMPUR, July 28 (Bernama) -- Bank Muamalat Malaysia Bhd has introduced the Awwal Credit Card-i, a Shariah-compliant credit card designed to provide consumers with more transparent, affordable and responsible financing.
9d ago
KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia pared yesterday's gains to open lower on Tuesday amid dampened regional sentiment, as market players adopt a cautious stance ahead of the US Federal Open Market Committee (FOMC) meeting scheduled for today and tomorrow, as well as US tech companies’ earnings.
9d ago
KUALA LUMPUR, July 27 (Bernama) -- Bank Negara Malaysia (BNM) has set a more comprehensive framework to assess the performance of development financial institutions (DFIs) beginning in 2027, according to the Ministry of Finance (MOF).