6d ago
By Siti Noor Afera Abu & Fatin Umairah Abd Hamid
KUALA LUMPUR, Jan 28 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) is now entering a more focused phase of targeted development, with the rollout of the East Coast Development Plan (EDP) 2026-2030, after surpassing its investment and job creation targets under the East Coast Economic Region Master Plan (EMP 2.0).
7d ago
KUALA LUMPUR, Jan 28 (Bernama) -- Kinergy Advancement Bhd has formalised a strategic partnership with Thailand’s B.Grimm Power Public Co Ltd, which will be investing RM41.52 million to acquire a 49 per cent stake in Kinergy’s investment vehicle, Jati Cakerawala Sdn Bhd, for a proposed full-new built gas turbine power plant.
7d ago
KUALA LUMPUR, Jan 28 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has stressed that ministries and government-linked investment companies (GLICs) emphasise evaluating the effectiveness of high-impact initiatives under the Bumiputera Economic Transformation Plan 2035 (PuTERA35).
7d ago
KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit strengthened to 3.9170 against the US dollar at Wednesday’s lunch break, extending gains from earlier sessions on renewed market confidence.
7d ago
KUALA LUMPUR, Jan 28 (Bernama) -- Malaysia’s producer price index (PPI), which measures price changes at the producer level, continued to decline by 2.7 per cent in December 2025, following a 1.8 per cent decrease in the previous month, according to the Department of Statistics Malaysia.
7d ago
KUALA LUMPUR, Jan 28 (Bernama) -- Both Malaysia’s export and import volume indices increased 13.8 per cent and 4.0 per cent in December 2025, respectively, according to the Department of Statistics Malaysia (DOSM).
7d ago
KUALA LUMPUR, Jan 28 (Bernama) -- Malaysia’s exports rose by RM14.3 billion or 10.4 per cent year-on-year to RM153 billion in December 2025, said the Department of Statistics Malaysia (DOSM).
7d ago
KUALA LUMPUR, Jan 28 (Bernama) -- Small and medium enterprises (SMEs) should be a key focus in efforts to deepen Malaysia-India economic ties, as India offers vast market opportunities for Malaysian businesses seeking to expand overseas, said ASEAN-India Economic Council chairman Datuk Ramesh Kodammal.
7d ago
By Karina Imran
KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia retreated from recent gains to open lower on Wednesday, as investors took profit after the market scaled fresh highs and assessed mixed performances on Wall Street, an analyst said.
7d ago
By Karina Imran
KUALA LUMPUR, Jan 28 (Bernama) -- Malaysia’s economic growth outlook continues to be supported by solid fundamentals. Our economy is highly diversified and our domestic demand is resilient, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
7d ago
KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit opened firmer against the US dollar on Wednesday, supported by weaker US economic data that continued to weigh on the greenback.
7d ago
KUALA LUMPUR, Jan 27 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) said its outstanding short-term sukuk portfolio has reached a new record high of US$6.65 billion.