Chow Confident Penang CRA Can Be Restored To Nearly RM1 Bln By 2028

GEORGE TOWN, Sept 11 (Bernama) -- Chief Minister Chow Kon Yeow is confident that Penang's Consolidated Revenue Account (CRA) can be restored to nearly RM1 billion by 2028 through prudent financial management and higher state revenue.

ASEAN Services Trade Statistics To Advance Via Cooperation

SEREMBAN, Sept 10 (Bernama) — The 12th Working Group on Statistics of International Trade in Services (WGSITS12) is an important platform for ASEAN to strengthen cooperation, enhance comparability, and improve the quality and timeliness of trade in services statistics in line with international standards.

Fitch Lifts World Growth Outlook, Warns Of US Slowdown

KUALA LUMPUR, Sept 10 (Bernama) -- Fitch Ratings has lifted its global growth forecast for 2025 to 2.4 per cent from 2.2 per cent, citing stronger-than-expected second-quarter data, but said evidence of a United States (US) slowdown is mounting.

Bursa Malaysia Rebounds As Late Buying Offsets Profit-taking

KUALA LUMPUR, Sept 9 (Bernama) -- The FBM KLCI staged a late turnaround to close slightly higher, lifted by last-minute buying in CelcomDigi, which offset earlier losses from ex-dividend adjustments in Maxis and MISC and profit-taking in Tenaga Nasional and CIMB.

Malaysia’s Air Passenger Traffic Hits 9.3 Mln In July, Nearing Pre-pandemic Levels — CAAM

PUTRAJAYA, Sept 4 (Bernama) -- Malaysia’s aviation sector is on track for full recovery, with monthly passenger traffic reaching 9.3 million in July 2025, up 3.9 per cent month-on-month (MoM) and 5.3 per cent year-on-year (YoY) compared with July 2024, according to the Civil Aviation Authority of Malaysia (CAAM).

ASB, Legenda In Pact To Transform Scheduled Waste Management In Labuan

LABUAN, Sept 3 (Bernama) -- A strategic joint venture between Asian Supply Base Sdn Bhd (ASB) and Legenda Bumimas Sdn Bhd is set to transform scheduled waste management in Labuan.

Bursa Malaysia Edges Higher At Midday On Bargain Hunting

KUALA LUMPUR, Aug 27 (Bernama) -- Bursa Malaysia remained in positive territory at midday, lifted by bargain hunting in consumer products, financial and utilities heavyweights following yesterday’s sell-off, a dealer said.

Earthy Aromas, Wooden Drawers Of Herbs And Roots Mark Kedai Ubat Kien Fatt’s Heritage

By Karina Imran & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 24 (Bernama) -- Along a busy stretch of Petaling Street, where tourists bargain for souvenirs and traders call out their goods, stands an old shop Kedai Ubat Kien Fatt, in a heritage building that embodies elements of Malaysia’s unity.

1MDB: JPMorganChase To Pay RM1.4 Bln To Govt As Settlement - MoF

KUALA LUMPUR, Aug 22 (Bernama) -- The government and JPMorganChase had resolved all matters relating to 1Malaysia Development Bhd (1MDB), with the American bank set to pay RM1.4 billion (US$330 million) to Malaysia’s Assets Recovery Trust Account, according to the Finance Ministry (MoF).

Bursa Malaysia Retreats From 7-day Gains, Tracking Downbeat Regional Bourses

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia pulled back from a seven-day winning streak to close lower today due to profit-taking in line with the downbeat regional market performance.  

Net Fund Of RM42.17 Bln Disbursed To 1MDB Up To July 2025 For Debt Repayments, Company Commitments

KUALA LUMPUR, Aug 13 (Bernama) -- A total net fund of RM42.17 billion has been channeled to 1Malaysia Development Bhd (1MDB) to finance its debt repayments and meet its commitments as of July 31, 2025, the Finance Ministry (MoF) said.

Sunway REIT Records Lower Net Profit For 2Q

KUALA LUMPUR, Aug 12 (Bernama) -- Sunway Real Estate Investment Trust (Sunway REIT) posted a lower net profit of RM129.35 million in the second quarter ended June 30, 2025 (2Q 2025), down from RM145.07 million year-on-year.