Petronas Invested RM25 Bln In Sarawak In 2024 - Awang Tengah

KUCHING, May 28 (Bernama) -- Petroliam Nasional Bhd (Petronas) has invested RM25 billion in Sarawak last year, said Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan.

ASEAN, GCC And China - A New Power Bloc Of The Global South

From Kisho Kumari Sucedaram

BEIJING, May 27 (Bernama) -- As the global economic uncertainty rages on following the United States’ (US) sweeping tariffs, China sees the inaugural ASEAN-Gulf Cooperation Council (GCC)-China Summit in Kuala Lumpur today not merely as a diplomatic gathering but a pivotal moment in the rise of the Global South. 

Sabah's Strategic Ascent: Becoming A Beacon Of Economic Power, Sustainable Growth

By Siti Radziah Hamzah

KUALA LUMPUR, May 25 (Bernama) -- Amid global economic shifts, Sabah is making deliberate, calculated moves to position itself not just as a regional player, but as a formidable force in global trade and sustainability.

Russian Helicopters Targets Southeast Asia Market With New Aircraft At LIMA 2025

By Zarul Effendi Razali

LANGKAWI, May 23 (Bernama) -- Russian Helicopters, a subsidiary of defence conglomerate Rostec, is aiming to expand its presence in the Southeast Asian (SEA) market by showcasing its latest aircraft at the Langkawi International Maritime and Aerospace Exhibition (LIMA) 2025. 

Public Bank Posts Higher Net Profit Of RM1.75 Bln In 1Q

KUALA LUMPUR, May 21 (Bernama) -- Public Bank Bhd reported a higher net profit of RM1.75 billion in the first quarter ended March 31, 2025 (1Q 2025) compared with RM1.65 billion in the same period last year.

Malaysia’s ASEAN Leadership Aligns With Growing Demand For Pragmatic Alliances

KUALA LUMPUR, May 20 (Bernama) -- Malaysia, under the leadership of Prime Minister Datuk Seri Anwar Ibrahim and as ASEAN chair for 2025, is pushing for a neutral, trade-focused course, seeking economic cooperation with multiple nations while avoiding confrontation.

Malaysia Posts RM16.7 Bln Surplus In Current Account Balance In 1Q 2025  -- DOSM

KUALA LUMPUR, May 16 (Bernama) -- Malaysia’s current account balance (CAB) recorded a RM16.7 billion surplus in the first quarter of 2025 (1Q 2025), equivalent to 3.4 per cent of the gross domestic product (GDP), supported by net exports of goods and a smaller deficit in the secondary income account, said Statistics Department Malaysia (DOSM).

Taiwan Dollar Rally Heightens FX Risk For Life Insurers, AM Best Warns 

KUALA LUMPUR, May 9 (Bernama) -- The Taiwan dollar’s rapid appreciation against the United States (US) dollar in recent days has raised foreign exchange (FX) risk concerns for the country’s life insurers, according to a new commentary from AM Best.

Economy Continues To Grow Despite Tariff Uncertainties - BNM Governor

KUALA LUMPUR, May 8 (Bernama) -- Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour on the Overnight Policy Rate (OPR) and Statutory Reserve Requirement (SRR). 

BNM's International Reserves Rise To US$118.7 Bln As At April 30

KUALA LUMPUR, May 8 (Bernama) -- Malaysia’s international reserves expanded to US$118.70 billion as at April 30, 2025, from US$118.40 billion on April 15, 2025, according to Bank Negara Malaysia (BNM).

BNM: Headline Inflation Eases To 1.4 Pct, Core Holds In March

KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s headline inflation moderated to 1.4 per cent in March 2025, down from 1.5 per cent in February, while core inflation held steady at 1.9 per cent, Bank Negara Malaysia (BNM) said.

BNM: Malaysia’s Official Reserves Assets At US$117.49 Bln As Of End-March 2025

KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s official reserve assets amounted to US$117.49 billion (US$1= RM4.31) as of end-March, 2025, while other foreign currency assets stood at US$4.3 million, according to Bank Negara Malaysia (BNM).