| LATEST NEWS | Vantris Energy Bhd net profit surged to RM3.73 bln in FY2026 from RM189.53 mln in the preceding year | Hot weather: IPTAs allowed to decide on implementation of PdP via online - Zambry | |
KUALA LUMPUR, March 30 (Bernama) -- The World Bank Group, via its private-sector arm the International Finance Corporation (IFC), has partnered with OCI TerraSus Sdn Bhd (OCI TRS), a unit of South Korea’s OCI Holdings Company Ltd, to advance Malaysia’s participation in the global semiconductor supply chain and create jobs in the country.
KUALA LUMPUR, March 26 (Bernama) -- Polyplastics Co Ltd announced its DURACON polyoxymethylene (POM) resin has been selected for use in a unique crawler track transport system developed by Tokyo-based CuboRex Co Ltd, a supplier of innovative mobility solutions.
KUALA LUMPUR, March 25 (Bernama) -- AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Hong Kong’s Sun Hung Kai Properties Insurance Limited (SHKPI), with a stable outlook.
SINGAPORE, March 20 (Bernama) -- Maybank has extended a term loan facility of up to S$65 million (S$1=RM3.08) to ISE Foods Holdings (IFH) as the sole bank financier to partially finance the development of Singapore’s fourth egg farm (SG4EF).
KUALA LUMPUR, March 19 (Bernama) -- Oil prices could hit US$120 (US$1=RM3.93) per barrel if Iranian authorities act on their implied threat to strike on five facilities across Saudi Arabia, the United Arab Emirates (UAE) and Qatar, with Asia bearing the brunt given its dependence on Qatari volumes, according to an analyst.
KUALA LUMPUR, March 19 (Bernama) -- The Bank Negara Malaysia’s international reserves stood at US$128.1 billion as at March 13, 2026.
KUALA LUMPUR, March 18 (Bernama) -- Malaysia’s property sector could face a mild downturn if elevated oil prices persist, as higher fuel costs drive up transportation expenses, leading to increased construction costs for developers, said MBSB Investment Bank Bhd (MBSB IB).
KUALA LUMPUR, March 18 (Bernama) -- The introduction of key amendments to hire-purchase financing practices under the Hire-Purchase (Amendment) Act 2026 (HPAA) marks a significant move in strengthening borrowers’ protection, particularly for those looking to sell vehicles before their financing contracts mature, an economist said.
KUALA LUMPUR, March 17 (Bernama) -- The Hire-Purchase (Amendment) Act 2026 (HPAA) continues to allow hire-purchase providers to offer both fixed-rate and variable-rate loans, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, March 16 (Bernama) -- The government will allocate an additional RM20 million to the Malaysia Co-investment Fund (MyCIF), in addition to the RM30 million announced in Budget 2026, bringing the total allocation this year to RM50 million.
KUALA LUMPUR, March 14 (Bernama) -- A prolonged conflict between the United States (US) and Iran could slash West Asia crude oil output by as much as 70 per cent in a worst-case scenario, energy research firm Rystad Energy said.
KUALA LUMPUR, March 13 (Bernama) -- Rakuten Trade has revised its forecast for the FTSE Bursa Malaysia KLCI (FBM KLCI) slightly lower at 1,800 for 2026 from 1,810 previously in view of the overhanging uncertainty.
