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Economic

Public Mutual Declares Distributions Of Over RM99 Mln For Four Funds

KUALA LUMPUR, April 30 (Bernama) -- Public Mutual, a wholly owned subsidiary of Public Bank, has declared distributions amounting to more than RM99 million for four funds for the financial year ended April 30, 2026.

HSBC Expects BNM To Hold OPR At 2.75 Pct In May

KUALA LUMPUR, April 30 (Bernama) -- The Hongkong and Shanghai Banking Corporation Ltd (HSBC) has forecast that Bank Negara Malaysia (BNM) would hold its Overnight Policy Rate (OPR) steady at 2.75 per cent in May as Malaysia's economic data remains resilient.

Bina Darulaman Strengthens Focus On Core Business To Drive Long-Term Growth

KUALA LUMPUR, April 30 (Bernama) -- Bina Darulaman Bhd (BDB) is strengthening its focus on core businesses and operational discipline as part of a comprehensive recovery plan to restore profitability, improve execution and build a more resilient platform for long-term growth.

MBSB Strengthens Northern Presence With Relocated Kangar, Kulim Branches

KANGAR, April 30 (Bernama) -- MBSB Bank Bhd has strengthened its presence in northern Malaysia through the opening of its relocated Kangar and Kulim branches, reinforcing its commitment to improving customer accessibility and expanding service coverage across key growth areas.

Nasi Impit Retort Adyanana Eyes Brunei, Indonesian Markets

By Kamarul Halim M Kamal

BATU PAHAT, April 30 (Bernama) -- Nasi impit (compressed rice cake) producer Nasi Impit Retort Adyanana, which has managed to penetrate the Singapore market in the last two years, now aims to spread its wing to Brunei and Indonesia by seeking business partners in these countries.

Petronas Inks Deal With Japan's Eneos For 10 Pct Stake In MLNG Tiga, Strengthen LNG Supply Ties

KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s national oil and gas company Petroliam Nasional Bhd (Petronas) has signed definitive agreements with Japan-based oil and gas company ENEOS Xplora.

Penang Does Not Need Supplementary Budget For Now - Chow

GEORGE TOWN, April 30 (Bernama) -- Penang does not require a supplementary budget for the time being as its financial position remains strong despite the global economic uncertainty.

Bursa Malaysia 1Q Net Profit Rises To RM72.83 Mln

KUALA LUMPUR, April 30 (Bernama) -- Bursa Malaysia Bhd’s net profit for the first quarter ended March 31, 2026 (1Q FY2026) rose to RM72.83 million from RM68.42 million in the same period last year.

CelcomDigi Flat At Midday On RM202 Mln DNB Shareholder Advance

KUALA LUMPUR, April 30 (Bernama) -- Shares of CelcomDigi Bhd were unchanged at the midday break following its announcement of an additional RM202 million shareholder advance to Digital Nasional Bhd (DNB).

Malaysia Economy Set To Grow 4.6–4.9 Pct Over Three Years — S&P Global Ratings

KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s economy is expected to grow by 4.6 per cent to 4.9 per cent over the next three years, supported by household consumption, artificial intelligence-related investments, and technology exports, said S&P Global Ratings.

Oil Prices Surge On Potential Prolonged Blockade At Strait Of Hormuz

By Siti Radziah Hamzah

KUALA LUMPUR, April 30 (Bernama) -- Oil prices surged above US$120 per barrel on Thursday as US President Donald Trump warned Iran that US naval blockade at the Strait of Hormuz could last months. 

Cold Storage Opens First Kedah Outlet At The Tenz Emporium, Set To Boost Local Economy

ALOR SETAR, April 30 (Bernama) -- Premium supermarket Cold Storage’s first outlet in Kedah, at The Tenz Emporium here, is expected to boost the local economy and lifestyle landscape of the city.