Keyfield Forecasts Stable DCR, Eyes OSV Market Upside Despite Global Challenges – Kenanga IB

KUALA LUMPUR, April 16 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Keyfield International Bhd’s daily charter rate (DCR) in the local offshore support vessel (OSV) market to remain stable or slightly lower year-on-year, supported by tight supply and rising demand despite global macroeconomic challenges.

ASEAN To Re-establish Swap Arrangement To Enhance Financial Safety, Resilience - Joint Statement

By Danni Haizal Danial Donald

KUALA LUMPUR, April 10 (Bernama) -- ASEAN is looking forward to re-establishing the ASEAN Swap Arrangement (ASA) to strengthen the region’s financial safety net and resilience, according to a joint statement from the 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM).

LuMIC To Attract RM72 Bln Investments, Create Over 50,000 Jobs By 2050 -- Saarani

KUALA LUMPUR, April 10 (Bernama) -- The development of the Lumut Maritime Industrial City (LuMIC) in Perak is expected to attract RM72 billion in investments and create over 50,000 job opportunities within the next 25 years, said Perak Menteri Besar Datuk Seri Saarani Mohamad.

ASEAN To Work Constructively With Member States And The US To Promote Sustainable Global Economy - Amir Hamzah

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 10 (Bernama) -- ASEAN is prepared to collaborate constructively with all partners, including the United States (US), to discover balanced, forward-looking solutions that promote a more resilient and sustainable global economy, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

ECRL Completes Excavation Of 38 Tunnels Ahead Of Schedule, Marks Key Milestone

KUALA LUMPUR, April 8 (Bernama) -- The East Coast Rail Link (ECRL) project has completed excavation works for 38 tunnels along its rail alignment, following two recent breakthroughs in Selangor earlier this week.

Labuan Food Industries Makes Waves As Seafood Exporter, Seeks To Almost Triple Output

LABUAN, April 8 (Bernama) -- Labuan Food Industries Sdn Bhd, a Malaysian fishery company with an established international business network, plans to nearly triple its annual finished tuna production next year with the setting up of a new facility here.

Growing Concerns Of Recession On Revised GDP In Major Economies, US

By Siti Radziah Hamzah

KUALA LUMPUR, April 6 (Bernama) -- Concerns about a global recession are growing, driven by recent revisions to the gross domestic product (GDP) for the United States (US), Europe, and China, along with Donald Trump’s announcement on Thursday of new reciprocal tariff plans.

ASEAN Finance Ministers To Deepen Resilience And Economic Integration As Global Trade War Erupts 

By Nor Baizura Basri

KUALA LUMPUR, April 6 (Bernama) -- ASEAN finance ministers will meet here next week amid a sense of urgency to deepen economic integration and enhance financial resilience as the global trade war erupts, no thanks to debilitating tariffs imposed by the United States.

Malaysia Focuses On Three Priority Economic Deliverables At AFMGM 2025 - Amir Hamzah

KUALA LUMPUR, April 4 (Bernama) -- Malaysia has focused on three priority economic deliverables (PEDs) under the financial track — sustainable financing, digital economy, and inclusive development  — which will be the main focus of discussions at the 12th ASEAN Finance Ministers and Central Bank Governors' Meeting (AFMGM) from April 7-10.

OM Holding Units Secure US$304 Mln In Refinancing Through Syndicated Loan, Additional Facilities 

KUALA LUMPUR, April 4 (Bernama) -- OM Holding Ltd’s (OMH) wholly owned subsidiaries OM Materials (S) Pte Ltd (OMS) and OM Materials (Sarawak) Sdn Bhd (OM Sarawak) have successfully refinanced through a US$168 million syndicated debt facility, along with separately and bilaterally arranged working capital and bank guarantee facilities of approximately US$136 million.

Maybank IB Shaves GDP Growth Forecast To 4.3 Pct In 2025 Due To US Tariff

KUALA LUMPUR, April 4 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has revised Malaysia’s 2025 real gross domestic product (GDP) growth forecasts to 4.3 per cent from 4.9 per cent and to 4.0 per cent from 4.6 per cent for 2026.

PAC To Hold Five More Closed-door Proceedings On Insurance Hikes, Hospital Fees

By Zufazlin Baharuddin

KUALA LUMPUR, April 4 (Bernama) -- The Public Accounts Committee (PAC) will conduct five more closed proceedings this month regarding the increase in health insurance premiums, private hospital charges, and the impact on public health before preparing a comprehensive report for presentation during the parliamentary session in June.