Economic

Tanco's Unit Appoints Hong Kong Firm To Operate Smart AI Container Port In Port Dickson

KUALA LUMPUR, Dec 26 (Bernama) -- Tanco Holdings Bhd’s 79 per cent-owned subsidiary, Midports Holdings Sdn Bhd (MHSB), has appointed Hong Kong-based Ocean Bridge International Ports Management Co Ltd (OBIPM) as the operator of the smart artificial intelligence (AI) container port project in Port Dickson.

TRC Synergy Bags RM550.80 Mln Penang LRT Mutiara Line Project

KUALA LUMPUR, Dec 26 (Bernama) -- TRC Synergy Bhd’s wholly owned subsidiary, Trans Resources Corporation Sdn Bhd, has secured a contract worth RM550.8 million from SRS Consortium Sdn Bhd for a project related to the Penang Light Rail Transit (LRT) Mutiara Line.

Agriculture Sector Records 3.1 Per Cent Growth In 2024, Driven By Palm Oil

PUTRAJAYA, Dec 26 (Bernama) -- The strong performance of palm oil continues to be the main driver of growth in the country’s agricultural sector, which expanded 3.1 per cent in 2024 compared with 0.2 per cent in the previous year, according to the Selected Agricultural Indicators 2025 report released today by the Department of Statistics Malaysia (DOSM).

Malaysia’s Export Unit Value Index Slips 0.1 Pct in November 2025

KUALA LUMPUR, Dec 26 (Bernama) -- Malaysia's export unit value index decreased by 0.1 per cent to 154.0 points in November 2025 from 154.2 points in the preceding month, according to the Department of Statistics Malaysia (DOSM). 

Penang, Johor, Selangor, Sarawak, KL Dominates Malaysia's Exports In November 2025 - DOSM

KUALA LUMPUR, Dec 26 (Bernama) -- Penang, Johor, Selangor, Sarawak, and Kuala Lumpur dominated Malaysia’s exports, accounting for 85.5 per cent of the total in November 2025, according to the Department of Statistics Malaysia (DOSM).

Malaysia's Economy Remains Resilient In 2025 Amid Tariff Wars, Geopolitical Turbulence

KUALA LUMPUR, Dec 26 (Bernama) -- Malaysia has maintained its economic resilience in 2025, supported by the country’s trade neutrality and openness despite United States (US) President Donald Trump's tariff wars and geopolitical turbulence, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Petronas Dagangan In Contact With Affected Customers After Refueling At Petronas Samarahan

KUALA LUMPUR, Dec 25 (Bernama) -- Petronas Dagangan Bhd informed that a number of vehicles were affected after refuelling at the Petronas Station Samarahan Expressway earlier yesterday.

Revised RP3 Gas Facility Base Tariff Doesn't Result In Higher Overall Gas Prices - FMM

KUALA LUMPUR, Dec 25 (Bernama) -- The revised gas facility base tariff for the Third Regulatory Period (RP3) from January 2026 to December 2028 does not translate into a higher overall gas price for end-users in the near term, says the Federation of Malaysian Manufacturing (FMM).

Gold Holds Value, Serves As Household Economic Shield

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 25 (Bernama) -- For most Malaysian households, surging global gold prices are more than a tale of market speculation. They act as a financial safeguard, as the value of jewellery and accumulated gold holdings rises, easing household pressures and strengthening family resilience amid the rising cost of living.

Ringgit Rises To 4.04 As Investor Confidence Strengthens; Economist Foresees Return To 3.82

KUALA LUMPUR, Dec 25 (Bernama) -- With less than a week remaining before the close of 2025, the ringgit continued its upward momentum, trading around 4.04 against the US dollar, its highest level in nearly five years.

PHB Appoints Mazuki Abdullah Group Managing Director

KUALA LUMPUR, Dec 25 (Bernama) -- Pelaburan Hartanah Bhd (PHB) has appointed Mazuki Abdullah @ Muhammad as its new group managing director, effective Jan 1, 2026.

MARC Ratings Affirms AAA Sovereign Rating For Malaysia

KUALA LUMPUR, Dec 24 (Bernama) -- MARC Ratings has affirmed its unsolicited public information sovereign rating on Malaysia at AAA with a stable outlook based on the credit rating agency’s national rating scale.