Economic

RAM Ratings Maintains Malaysia's 2026 GDP Growth At 4–5 Pct Amid Resilient Economy

KUALA LUMPUR, March 3 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has maintained Malaysia’s gross domestic product (GDP) growth projection at 4.0 per cent to 5.0 per cent for 2026, reflecting expectations of continued strength in the domestic economy.

Malaysia’s LNG Edge To Lift Economy On Gas Surge -- CIMB

KUALA LUMPUR, March 3 (Bernama) -- Malaysia’s substantial Liquefied Natural Gas (LNG) exports uniquely position the country to benefit from rising gas prices, with a US$5 per million British thermal units (MMBtu) increase estimated to add 1.23 per cent of gross domestic product to the current account.

Petronas Closely Monitoring Developments In Middle East

By Siti Radziah Hamzah

KUALA LUMPUR, March 3 (Bernama) -- Petroliam Nasional Bhd (Petronas) is closely monitoring the developments in parts of the Middle East with concern and remains fully committed to ensuring the safety, security and welfare of its employees, dependents, as well as its contractors who are supporting its operations across the region.

Rivertree STF Synergies Inks HoA To Develop Labour Quarters Worth RM600 Mln

KUALA LUMPUR, March 3 (Bernama) -- Rivertree STF Synergies Bhd (RSSB) has inked a Heads of Agreement (HoA) with Catenary Capital Sdn Bhd and Q Centre Management Sdn Bhd (QCM) for the development of four Centralised Labour Quarter (CLQ) facilities in the Klang Valley.

8x8 Wins Asian Telecom Awards 2026 For SMS Fraud Protection

KUALA LUMPUR, March 3 (Bernama) -- Global business communications platform provider, 8x8 Inc has won the Cybersecurity Initiative of the Year – Singapore award at the Asian Telecom Awards 2026 for its 8x8 Omni Shield real-time short message service (SMS) fraud mitigation solution.

Korea Newswire Unveils Intelligent PR Platform With Largest Media Database

KUALA LUMPUR, March 3 (Bernama) -- Korea Newswire, a press release distribution service provider, has launched MediaBee, a comprehensive PR intelligence platform that leverages Korea’s largest media database to streamline complex local market dynamics for global companies and agencies.

Space42, Viasat To Showcase D2D Satellite Connectivity At Mobile World Congress

KUALA LUMPUR, March 3 (Bernama) -- Space42 and Viasat Inc will present updates on their planned direct-to-device (D2D) infrastructure and the priorities for Equatys, their upcoming joint venture, at Mobile World Congress in Barcelona.

Tune Talk Achieves ASEAN‑first Cloud‑native Core Deployment

KUALA LUMPUR, March 3 (Bernama) -- Tune Talk has become the first telecommunications company (telco) in ASEAN to deploy a cloud-native core technology at scale after the successful completion of phase 1 of its Cloud Core Network Modernisation in partnership with Nokia.

Synchronoss, Telkomsel Expand Personal Cloud Services Partnership

KUALA LUMPUR, March 3 (Bernama) -- Synchronoss Technologies Inc (Synchronoss), a global leader and innovator in personal cloud platforms, has announced the continued expansion of its partnership with Telkomsel, as the two companies move to extend personal cloud services to more mobile subscribers in Indonesia.

Govt To Keep Subsidised RON95 Price At RM1.99 A Litre, Not Planning Drastic Changes - Akmal Nasrullah

KUALA LUMPUR, March 3 (Bernama) -- The government will continue to maintain the subsidised RON95 petrol price at RM1.99 per litre and has no plans to make any drastic changes to the current price or policy, said Economy Minister Akmal Nasrullah Nasir.

ASEAN Manufacturing PMI Hits Record 53.8 In February On Strong New Orders, Output -- S&P Global

KUALA LUMPUR, March 3 (Bernama) -- The ASEAN Manufacturing Purchasing Managers’ Index (PMI) hit a record high of 53.8 in February 2026, up from 52.8 in January 2026, driven by a record improvement in new orders as well as a near-record increase in output, said S&P Global.

European Markets Fall As Middle East Tensions Escalate

BRUSSELS/FRANKFURT/PARIS, March 3 (Bernama-dpa-AFX) -- Most European markets closed sharply lower on Monday as stocks tumbled amid escalating tensions in the Middle East, following coordinated US and Israeli strikes on Iran and Tehran’s retaliatory attacks on US bases across the region, reported dpa-AFX.