5d ago
KUALA LUMPUR, May 14 (Bernama) -- Public Bank Bhd’s net profit increased slightly to RM1.75 billion in the first quarter ended March 31, 2026 (1Q 2026), from RM1.74 billion in the same period last year, supported by continued expansion in its loan and deposit portfolios.
6d ago
KUALA LUMPUR, May 13 (Bernama) -- The Kuala Lumpur rubber market ended sharply higher on Wednesday, reaching a new high for 2026, supported by the persistent concerns over tight natural rubber supply across major producing countries and a decline in local rubber production, a dealer said.
6d ago
LABUAN, May 13 (Bernama) -- Sabah has significant potential to strengthen its trade competitiveness and economic resilience by addressing long-standing logistics and port efficiency challenges, according to the Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah.
7d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 12 (Bernama) -- The ringgit closed higher against most major currencies, but eased versus the greenback amid expectations that firmer United States inflation could reinforce the US Federal Reserve’s restrictive monetary policy stance, thereby supporting demand for the US dollar.
7d ago
KUALA LUMPUR, May 12 (Bernama) -- The ringgit opened higher against a basket of major currencies, including the US dollar, ahead of the release of key United States (US) economic data later tonight that could reinforce expectations for the US Federal Reserve (Fed) to keep interest rates unchanged, said an analyst.
8d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 11 (Bernama) -- The ringgit closed higher against regional peers and was firmer versus most major currencies today as investors monitored developments in the United States-Iran negotiations and upcoming US-China talks.
8d ago
KUALA LUMPUR, May 11 (Bernama) -- The ringgit opened higher against the US dollar on Monday, as investors kept an eye on the ongoing peace negotiations over the West Asia crisis, an analyst said.
11d ago
By M. Saraswathi & Karina Imran
KUALA LUMPUR, May 8 (Bernama) -- Malaysia's economy remains resilient despite mounting risks from the ongoing West Asia conflict, supported by strong domestic demand, sustained investment activity and robust exports linked to the global technology and artificial intelligence (AI) upcycle.
12d ago
KUALA LUMPUR, May 7 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent today reinforced expectations that the central bank will likely hold the rate throughout 2026, although investment banks and research houses caution that prolonged geopolitical tensions and higher oil prices could still alter the inflation outlook.
12d ago
KUALA LUMPUR, May 7 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a higher net profit of RM105.8 million for the first quarter ended March 31, 2026 (1Q 2026), from RM90.4 million recorded in the corresponding quarter last year.
14d ago
KUALA LUMPUR, May 5 (Bernama) -- Rental rate reduction for premises under all federal government agencies, as announced by Prime Minister Datuk Seri Anwar Ibrahim, aims to help small traders lower operating costs.
14d ago
KEPALA BATAS, May 5 (Bernama ) -- Marriott International has partnered with Maritime Waterfront Suites Sdn Bhd to rebrand Bertam Resort under the Tribute Portfolio brand as The Bertam, ushering in a new chapter for the hospitality sector on mainland Penang.