World Bank Forecasts Slower Growth Across Emerging Markets Amid Headwinds

KUALA LUMPUR, June 11 (Bernama) -- Economic growth across most emerging markets and developing economies (EMDEs) is projected to slow, particularly in trade-dependent regions such as East Asia and the Pacific (EAP) and Europe and Central Asia (ECA), and to a lesser degree in South Asia (SAR), according to the World Bank Group.

Petronas Conducts Thorough Review On Overall Operations To Remain Competitive

KUALA LUMPUR, June 6 (Bernama) -- Petroliam Nasional Bhd (Petronas) reiterated that it is conducting a thorough review of its operations, including assets, processes, expenditures, and workforce to ensure it remains competitive and future-ready.

Pan Merchant Aims To Raise RM67.6 Mln From IPO

KUALA LUMPUR, June 6 (Bernama) -- Solid-liquid filtration solutions provider Pan Merchant Bhd aims to raise RM67.6 million from its initial public offering (IPO) en route to a listing on the ACE Market of Bursa Malaysia. 

Johor Port Invests RM72.3 Mln In New Cranes

JOHOR BAHRU, June 5 (Bernama) -- Johor Port Bhd (Johor Port) has formalised a RM72.3 million purchase of four level luffing cranes with supplier Sany Marine Heavy Industry Co Ltd.

U Mobile Appoints CIMB As Loan Coordinator For RM4 Bln 5G Funding

KUALA LUMPUR, May 31 (Bernama) -- U Mobile has appointed CIMB as the company’s loan coordinator and mandated lead arranger to facilitate and arrange financing of up to RM4 billion to support the nationwide deployment of its cutting-edge 5G network infrastructure.

Malaysia’s GDP Growth Could Rebound To 4.6 Pct if US Tariffs Lifted - MIDF

KUALA LUMPUR, May 30 (Bernama) -- Malaysia’s economic growth could rebound to the earlier projection of 4.6 per cent from 4.0 per cent for 2025 if the sweeping US tariffs were removed, according to MIDF Amanah Investment Bank Bhd.

Ringgit Strengthens Against US Dollar, Court Pauses Block On Trump-era Tariffs

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, May 30 (Bernama) -- The ringgit opened stronger against the US dollar today, boosted by improved investor confidence in emerging market currencies after a US court temporarily halted a decision to block most Trump-era import tariffs, an analyst said.

Ekuinas Committed Direct Investments Rose To RM4.9 Bln In FY2024

KUALA LUMPUR, May 29 (Bernama) -- Ekuiti Nasional Bhd’s (Ekuinas) cumulative committed direct investment rose to RM4.9 billion in financial year 2024 (FY2024) from RM4.5 billion a year ago, with total economic capital deployed is RM5.6 billion.

TNB Delivers Operational Excellence While Strengthening Its Impact On Communities

KUALA LUMPUR, May 27 (Bernama) -- As Malaysia advances its ambition to become a regional digital hub, Tenaga Nasional Bhd (TNB) continues to power critical infrastructure for the sector.

Accountants Play Critical Role In Improving Companies Sustainablity Practices — Amir Hamzah

KUALA LUMPUR, May 26 (Bernama) — Accountants play a critical role in guiding companies to improve their sustainability practices, particularly in governance by ensuring high-quality, reliable disclosures are aligned with international standards, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Petronas Gas Expects RM60 Mln profit Impact In FY2025 Following Putra Heights Inferno

KUALA LUMPUR, May 26 (Bernama) -- Petronas Gas Bhd (PGB) is currently estimated to have a total profit impact of RM60 million for the financial year 2025 (FY2025).

Petronas Gas Posts Higher 1Q Profit, Declares 16 Sen Dividend

KUALA LUMPUR, May 26 (Bernama) -- Petronas Gas Bhd’s net profit for the first quarter of 2025 (1Q 2025) rose to RM468.80 million from RM456.65 million a year earlier.