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Economic

Timeline Auctions Unveils Major Antiquities Sale March 3

KUALA LUMPUR, Feb 27 (Bernama) -- TimeLine Auctions, the British saleroom renowned for expertise in museum-level antiquities, will present a major Antiquities & Ancient Art Auction on March 3 (Day One). 

Businesses Remain Optimistic For 1Q 2026 With 4.0 Pct Confidence Indicator - DOSM

KUALA LUMPUR, Feb 27 (Bernama) -- Business sentiment remained positive in the first quarter of 2026 (1Q 2026), supported by a Confidence Indicator (CI) of 4.0 per cent, down from 6.2 per cent in the previous quarter, the Department of Statistics Malaysia (DOSM) said.

BNM: Malaysia’s Official Reserve Assets At US$126.87 Bln As At End-January 2026

KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia’s official reserve assets amounted to US$126.87 billion (US$1=RM3.88) as at end-January 2026, as compared to US$125.53 billion as at end-December 2025.

Malaysia’s Total Trade Hits RM272.4 Bln In January 2026, Exports Led By Penang

KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia’s total trade in January 2026 reached RM272.4 billion, with exports and imports recorded at RM146.9 billion and RM125.5 billion, respectively, according to the Department of Statistics Malaysia (DOSM).

TNB Appoints Shamsul As CEO Effective March 1, 2026 For One-year Term

KUALA LUMPUR, Feb 27 (Bernama) -- Tenaga Nasional Bhd (TNB) has appointed Datuk Shamsul Ahmad as its chief executive officer effective March 1, 2026, replacing Datuk Megat Jalaluddin Megat Hassan.

Aeris, Globe Business Unveil IoT Accelerator Platform In The Philippines

KUALA LUMPUR, Feb 27 (Bernama) -- Aeris, a global leader in wireless management platforms, has formed a strategic partnership with Globe Business, the enterprise arm of Globe Telecom Inc, to launch the first Aeris IoT Accelerator (IoTA) platform in the Philippines.

From Favourite Dish To Mushroom Mogul, Saiful Builds A Farm

JOHOR BAHRU, Feb 27 (Bernama) -- What began as a fondness for mushroom dishes has grown into a sustainable agribusiness for Noor Saiful Amri, a native of Pontian who now earns his living cultivating and supplying mushroom blocks.

Neinor FY25 Adjusted Net Profit Hits 70 Mln Euros, Revenue 697 Mln Euros

KUALA LUMPUR, Feb 27 (Bernama) -- Neinor Homes (Neinor) reported an adjusted net profit of about 70 million euros for financial year 2025 (FY25), beating its guidance, while revenue reached 697 million euros, excluding the impact of its acquisition of AEDAS Homes. (1 Euro = RM4.57)

Binghatti Named Signature Sponsor Of International Property Show 2026

KUALA LUMPUR, Feb 27 (Bernama) -- The International Property Show (IPS 2026) will feature Binghatti, a Dubai-based real estate development company, as part of its upcoming exhibition scheduled for April 2026 at the Dubai World Trade Centre.

Malaysia Must Not Fixate On Exchange Rates But Rather On Ringgit’s Long-term Strength -- Economist

KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia must not be fixated on the ringgit’s specific exchange rate level but rather on the currency’s long-term strength, as it reflects the overall health of the nation’s economy.

MAHB Imposes RM9.1 Mln Penalty On IJMC-Pestech JV Over KLIA Aerotrain -- MOT

KUALA LUMPUR, Feb 26 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) has imposed a ‘Liquidated and Ascertained Damages’ (LAD) penalty of RM9.1 million on the contractors, ALSTOM IJM Construction Sdn Bhd and Pestech Technology Sdn Bhd (IJMC-Pestech Joint Venture).

115 Companies To Be Recognised As Smart Factories By End-2026 -- MITI

KUALA LUMPUR, Feb 26 (Bernama) -- A total of 115 companies will be recognised as smart factories by the end of this year through the Smart Tech Up programme, said the Ministry of Investment, Trade and Industry (MITI).