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PAC Calls On Felcra To Reassess 30,000-Hectare Land Bank Goal

KUALA LUMPUR, March 3 (Bernama) -- The Public Accounts Committee (PAC) has recommended that the Federal Land Consolidation and Rehabilitation Authority (FELCRA) revise its target for acquiring a land bank of 30,000 hectares to a more realistic level.

European Markets Fall As Middle East Tensions Escalate

BRUSSELS/FRANKFURT/PARIS, March 3 (Bernama-dpa-AFX) -- Most European markets closed sharply lower on Monday as stocks tumbled amid escalating tensions in the Middle East, following coordinated US and Israeli strikes on Iran and Tehran’s retaliatory attacks on US bases across the region, reported dpa-AFX.

Govt To Ensure Public Financial Management Objectives Result In Better Fiscal Outcomes - MoF

KUALA LUMPUR, March 2 (Bernama) -- The government will ensure that the objectives of public financial management under the Public Finance and Fiscal Responsibility Act 2023 (Act 850) are translated into better fiscal outcomes through the strengthening of a rules-based governance framework to improve transparency and accountability, said the Ministry of Finance (MoF).

Ringgit Eases As Prevailing Risk-off Sentiment Weighs On Local Currency

KUALA LUMPUR, March 2 (Bernama) -- The ringgit closed lower against the US dollar on Monday, as prevailing risk-off sentiment weighed on the local currency amid heightened uncertainty over the conflict in the Middle East.

Economy Ministry Targets MyRMK To Commence In 3Q 2026

KUALA LUMPUR, March 2 (Bernama) -- The Ministry of Economy is targeting to roll out the MyRMK -- an integrated monitoring system to ensure the comprehensive implementation of the 13th Malaysia Plan (13MP) --in the third quarter of this year (3Q 2026).

OPEC+ Latest Decision To Increase Output Signals Stockpiling Exercise - Rystad Energy

KUALA LUMPUR, March 2 (Bernama) -- The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) latest decision to increase its crude oil production target by 206,000 barrels per day (bpd) for April is a signal that the grouping is prepared to use spare capacity if needed.

Aqina Fruits Sees Pineapple Exports Soar To RM2.68 Mln In 2025

JOHOR BAHRU, March 1 (Bernama) -- Pineapple producer and exporter Aqina Fruits Sdn Bhd saw a nearly fourfold jump in export value in 2025 to RM2.68 million, increasing significantly from RM628,000 in 2024.

Capital A Posts RM13.03 Bln FY2025 Net Profit Following Disposal of Aviation Business

KUALA LUMPUR, Feb 25 (Bernama) -- Capital A Bhd reported a net profit of RM13.03 billion for the financial year ended Dec 31, 2025 (FY2025), from a net loss of RM501.24 million in the previous year, reflecting the disposal of its aviation business, with segmental reporting distinguishing between continuing operations and discontinued operations.

LyondellBasell Updates 2030 Climate And Circularity Goals

KUALA LUMPUR, Feb 24 (Bernama) -- LyondellBasell (LYB), a leader in the global chemical industry, has announced updates to its 2030 climate and circularity goals, citing the need for disciplined capital allocation amid evolving market conditions and regulatory developments.

Petronas Chemicals Records FY2025 Net Loss Of RM2.14 Bln

KUALA LUMPUR, Feb 23 (Bernama) -- Petronas Chemicals Group Bhd posted a net loss of RM2.14 billion in the financial year ended Dec 31, 2025 (FY2025), compared to a net profit of RM1.17 billion in the previous year. 

ANGKASA Targets 2026 Revenue To Reach Up To RM75 Bln

KUALA LUMPUR, Feb 20 (Bernama) -- Angkatan Koperasi Kebangsaan Malaysia Bhd (ANGKASA) is targeting the cooperative movement’s revenue to continue rising and potentially reach between RM73 billion and RM75 billion in 2026, driven by growing public confidence in the sector.

NIMP 2030 Integrates Quality Benchmarks On Higher Value-added Job Creation - Economist 

KUALA LUMPUR, Feb 20 (Bernama) -- The New Industrial Master Plan (NIMP) 2030 integrates clear quality benchmarks by refocusing employment targets on higher value-added job creation, said an economist.