CGC Appoints Madelena Mohamed As Non-independent Non-executive Director Effective May 1

KUALA LUMPUR, May 11 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) has appointed Madelena Mohamed as a non-independent non-executive director, effective May 1, 2026.

Extended OPR Pause Signals Confidence In Malaysia’s Economic Resilience -- Economists

KUALA LUMPUR, May 7 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent for a sixth consecutive Monetary Policy Committee (MPC) meeting reflects growing confidence in the resilience of Malaysia’s domestic economy despite mounting global uncertainties, economists said.

AI, Digital Infrastructure Investment Key To Malaysia's Economic Transformation - Expert

By Mohamad Syazwan Mustafa

JOHOR BAHRU, April 30 (Bernama) -- Artificial intelligence (AI) and a surge in digital infrastructure investment, particularly data centres, are expected to be key drivers of Malaysia's economic growth over the next five to 10 years, thus reshaping the country's economic structure from a labour-intensive model to a high-value technology and data-based economy.

Former Bernama English Sub-editor Teoh Hock Siew Passes Away

KUALA LUMPUR, April 26 (Bernama) -- Former English sub-editor of the Malaysian National News Agency (Bernama) Teoh Hock Siew passed away on April 25 at the age of 80.

CPO Prices To Remain Above RM4,500 Per Tonne On Biodiesel Expansion - MPOC

KUALA LUMPUR, April 24 (Bernama) - The Malaysian Palm Oil Council (MPOC) anticipates crude palm oil (CPO) prices to remain supported at RM4,500 per tonne in the near term, backed by stronger biodiesel economics, elevated crude oil prices, and a possible onset of El Niño.

Malaysia On Track For 5.3 Pct GDP Growth In 1Q Despite Global Headwinds - Economist

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, April 23 (Bernama) -- Malaysia’s gross domestic product (GDP) is on track to achieve 5.3 per cent growth in the first quarter of 2026 (1Q 2026), mainly driven by broad-based expansion across several sub-sectors, including manufacturing, services and construction, an economist said.

Strait Of Hormuz Reopening Good News But Too Early To Celebrate - Economist

KUALA LUMPUR, April 18 (Bernama) -- Iran’s move to reopen the Strait of Hormuz is welcome news, but it is too early to celebrate as the security situation remains fragile with elevated insurance costs, University of Nottingham Malaysia assistant professor of business economics Dr Tan Chee Meng said.

Lack Of GCC Unity Complicates Iran War, Says Academic

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 13 (Bernama) -- A lack of unity among the countries in the Gulf Cooperation Council (GCC) appears to be one of the factors contributing to the increasing complexity of the war in Iran, according to an academic.

Mavenir Selected To Modernise RINA Wireless Cloud-Native Voice Core

KUALA LUMPUR, April 10 (Bernama) -- Mavenir, the cloud-native software company, announced that RINA Wireless, the Rural Independent Network Alliance, has selected the company to modernise its voice core, deploying IMS, VoLTE, VoWiFi, and voicemail solutions as part of a multi-vendor equipment swap.

AirAsia X's Outlook Resilient On Sustained Travel Demand, Cost-Cutting Measures -- Public Investment Bank

KUALA LUMPUR, April 10 (Bernama) -- AirAsia X Bhd’s (AAX) near-term outlook remains supported by sustained travel demand, despite new fuel surcharges introduced to manage the jet fuel price surge triggered by the West Asia regional conflict, which has led to higher airfares.

High Jet Fuel Prices Likely To Spark Structural Shakeout In Airline Industry - Aviation Experts

By Kisho Kumari Sucedaram

KUALA LUMPUR, April 9 (Bernama) -- Rising fuel prices can precipitate a structural shakeout in the airline industry via consolidation, as well as signal the demise of weak and badly run airlines, an aviation analyst warned today.

Malaysia’s Palm Oil Sector In Advantageous Position Despite West Asia Conflict

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 3 (Bernama) -- Malaysia is in an extremely advantageous position as one of the world’s top palm oil exporters, continuing to supply edible oils to countries which are grappling with rising food prices and fertiliser supply disruptions due to the closure of the Strait of Hormuz.