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Affin Bank Projects 4.3 Pct GDP Growth For Malaysia This Year

GEORGE TOWN, Jan 9 (Bernama) -- Affin Bank Bhd expects Malaysia's economy to maintain its strong momentum with gross domestic product (GDP) growth forecast at 4.3 per cent in 2026, following the likely 4.6 per cent expansion in 2025.

Globaltec To Generate First Revenue From Indonesian Coalbed Methane Venture This Year

From Nur Aiman Najwa Dzamae

JAKARTA, Jan 8 (Bernama) -- Globaltec Formation Bhd’s 70 per cent-owned subsidiary NuEnergy Gas Ltd expects its coalbed methane (CBM) venture in Indonesia to yield its first revenue of about US$2 million (US$1=RM4.05) this year, driven by initial gas production from the Tanjung Enim Plan of Development 1 (POD 1) in South Sumatra.

Malaysia, Turkiye Aim For Synergy In Defence, Energy And High-tech Industries - PM Anwar

From Muhammad Saufee Rosman

ISTANBUL, Jan 8 (Bernama) -- Malaysia and Turkiye have agreed to strengthen cooperation in strategic industries by leveraging their respective strengths in the defence, energy and high-technology sectors, said Datuk Seri Anwar Ibrahim. 

Bursa Malaysia's Key Index Ends 0.43 Pct Lower On Profit-taking

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 8 (Bernama) -- Bursa Malaysia’s benchmark index closed lower on Thursday amid profit-taking in big-cap stocks, as investors shifted their focus to smaller-cap counters against the backdrop of weaker regional market performance.

Ringgit Ends Lower After Trump's Warning To Defence Firms Drives Safe-haven Demand

KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit ended marginally lower against the US dollar on Thursday, as investors shifted to safe-haven assets following US President Donald Trump’s warning to defence contractors, an analyst said.

Bursa Malaysia's Key Index Ends 043 Pct Lower On Profit-taking

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 8 (Bernama) -- Bursa Malaysia’s benchmark index closed lower on Thursday amid profit-taking in big-cap stocks, as investors shifted their focus to smaller-cap counters against the backdrop of weaker regional market performance.

Thailand Rolls Out National Strategy To Boost Semiconductor Industry

BANGKOK, Jan 8 (Bernama) -- Thailand has unveiled a national strategy to expand its semiconductor industry, focusing on power semiconductors, sensors, photonics, discrete devices and analogue chips to build a complete value chain.

13MP Implementation A Priority Amid Geopolitical Uncertainties In 2026 -- Akmal Nasrullah

PUTRAJAYA, Jan 8 (Bernama) -- Malaysia stays the course on the 13th Malaysia Plan (13MP) implementation to weather the economic challenges of 2026 amid rising global geopolitical uncertainties, said Economy Minister Akmal Nasrullah Nasir.

Akmal Nasrullah To Meet Singapore Counterpart By End-January On JS-SEZ, Blueprint To Be Unveiled In 1Q

PUTRAJAYA, Jan 8 (Bernama) -- Economy Minister Akmal Nasrullah Nasir said he is scheduled to meet his Singaporean counterpart by the end of this month as part of efforts to advance cooperation under the Johor–Singapore Special Economic Zone (JS-SEZ).

Vantris Energy Share Price Up In Early Trade On Two Work Orders Win

KUALA LUMPUR, Jan 8 (Bernama) -- Vantris Energy Bhd share price jumped as much as 10.39 per cent in early trade today after securing two work orders for the transportation and installation (T&I) of offshore facilities from Petronas Carigali Sdn Bhd worth RM1.4 billion. 

Bursa Opens Cautiously, CI Down 0.38 Pct

KUALA LUMPUR, Jan 8 (Bernama) -- Bursa Malaysia opened Thursday on a cautious note as investors tracked global geopolitical developments, including US plans to curb Venezuelan oil exports and renewed rhetoric over US interest in Greenland.

Ringgit Opens Firmer Against US Dollar, Major Currencies

By Zufazlin Baharuddin and K.Naveen Prabu

KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit opened firmer against the US dollar and major currencies on Thursday, supported by stable regional foreign exchange conditions, despite firmer US economic data overnight.