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Economic

Richmond Asia Group Targets 20-hotel Portfolio In Malaysia By 2033

KUALA LUMPUR, Jan 12 (Bernama) -- Richmond Asia Group plans to expand its hospitality portfolio in Malaysia to 20 hotels over the next eight years.

Ringgit Gains Against Singapore Dollar Unlikely To Hit Trade

JOHOR BAHRU, Jan 11 (Bernama) -- The ringgit’s recent strengthening to around 3.16 against the Singapore dollar was expected and has had little impact on cross-border trade between Malaysia and Singapore, an academic said.

Strong Demand For Malaysia Airlines’ Chengdu Flights

KUALA LUMPUR, Jan 10 (Bernama) -- Malaysia Airlines has resumed its flights from Kuala Lumpur to Chengdu, reinforcing its long-term commitment to the Greater China market and strengthening connectivity between Malaysia and Western China, and supporting Malaysia’s inbound tourism ambitions under Visit Malaysia 2026 (VM2026).

Bernama Deputy Editor-In-Chief Azlina Aziz Retires After Over Three Decades Of Service

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 9 (Bernama) --  After 35 years in journalism, Azlina Aziz, Malaysian National News Agency (Bernama) deputy editor-in-chief of Economic News Services, was honoured today at her retirement ceremony.

Malaysia’s Wholesale, Retail Trade Sales Up 6.4 Pct Y-O-Y To RM158.9 Bln In November

KUALA LUMPUR, Jan 9 (Bernama) -- Malaysia’s wholesale and retail trade registered total sales of RM158.9 billion in November 2025, marking a year-on-year (y-o-y) growth of 6.4 per cent.

EXIM Bank Malaysia Inks Tripartite MoUs With Turkish Firms To Boost Bilateral Trade, Investment Ties

KUALA LUMPUR, Jan 9 (Bernama) -- The signing of three partnerships between EXIM Bank Malaysia and Turkish companies has further reinforced bilateral trade and investment collaboration, while supporting the international expansion of Malaysian companies in line with Malaysia’s broader industrial and trade diversification objectives.

Yayasan Peneraju Unveils New Basic Package To Accelerate Bumiputera AI Upskilling

KUALA LUMPUR, Jan 8 (Bernama) -- Yayasan Peneraju (YP) is introducing the latest addition to its financing scheme, the ‘Basic Package’, available from Jan 9, 2026, aimed at accelerating Bumiputera upskilling in artificial intelligence (AI) training.

Jumio Names Bala Kumar President, Interim CEO

KUALA LUMPUR, Jan 9 (Bernama) -- Jumio has appointed Bala Kumar as president and interim chief executive officer (CEO), succeeding Robert Prigge, who is stepping down after nearly a decade leading the company through a period of sustained growth.

KKB Subsidiary Bags RM212 Mln Contract From Petronas Carigali For Offshore EPC Job

KUALA LUMPUR, Jan 9 (Bernama) -- KKB Engineering Bhd’s subsidiary OceanMight Sdn Bhd has bagged an award from Petronas Carigali Sdn Bhd for the provision of minor engineering, procurement, and construction (EPC) of a fixed offshore structure and “host tie-in” at Erb West for the Belud South Greenfield development project worth RM212 million.

Franklin Sports Signs World No. 1 Pickleball Player Anna Leigh Waters

KUALA LUMPUR, Jan 9 (Bernama) -- Franklin Sports, a Massachusetts-based sporting goods brand, has signed pickleball’s number one player, Anna Leigh Waters, to a long-term agreement, further elevating the brand’s presence in the global pickleball landscape.

Meltwater Achieves SOC 2 Type II Certification, Reinforcing Data Security Standards

KUALA LUMPUR, Jan 9 (Bernama) -- Meltwater, a global leader in media, social, and consumer intelligence, has achieved SOC 2 Type II certification, reinforcing its commitment to enterprise-grade data security and customer trust.

MARC Ratings Forecasts Malaysia's Economy To Expand By 4.3 Pct In 2026

KUALA LUMPUR, Jan 9 (Bernama) -- Malaysia’s economy is forecasted to grow by 4.3 per cent in 2026, supported by continued domestic demand and sustained investment activity, driven by rapid demand for electrical and electronic products as well as data centre infrastructure.