Economic

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.

UAE’s OPEC Exit Unlikely To Move Global oil Prices -- Economist

KUALA LUMPUR, April 30 (Bernama) -- The United Arab Emirates’ (UAE) exit from the Organisation of the Petroleum Exporting Countries (OPEC) and its OPEC+ allies is not expected to significantly affect global oil prices, which are currently driven more by geopolitical factors.

BNM: Malaysia’s Official Reserve Assets At US$126.61 Bln At End-March 2026

KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s official reserve assets amounted to US$126.61 billion at the end of March 2026, compared with US$128.29 billion at end-February 2026.

US Dollar/Ringgit To Trade 3.95-4.05 In Near Term -- Apex Securities

KUALA LUMPUR, April 30 (Bernama) -- Apex Securities expects the US dollar/ringgit pair to trade within the 3.95-4.05 range in the near term.

AirTrunk Raises Investment In Malaysia By RM12 Bln To RM27 Bln -- PM Anwar

KUALA LUMPUR, April 30 (Bernama) — AirTrunk, a hyperscale data centre platform company in Asia Pacific and West Asia, will increase its investment by another RM12 billion this year, bringing its total committed investment in Malaysia to RM27 billion.

Plantation Sector ROE Seen Remaining Robust In 2026–2027 On Strong CPO Prices, Supply Tightness -- Kenanga IB

KUALA LUMPUR, April 30 (Bernama) -- Return on equity (ROE) for the plantation sector is expected to remain robust in 2026–2027, supported by firm crude palm oil (CPO) prices amid supply tightness and the ongoing West Asia conflict, said Kenanga Investment Bank Bhd (Kenanga IB).