KUALA LUMPUR, Aug 19 (Bernama) -- The second phase purchase of Boeing aircraft valued at US$9.5 billion (US$1 = RM4.22) will not impact Malaysia’s debt levels nor affect its fiscal deficit, said Deputy Finance Minister Lim Hui Ying.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 5 (Bernama) -- The ringgit continued to close higher against the US dollar as expectations of an interest rate cut by the US Federal Reserve (Fed) gained momentum, said an analyst.
KUALA LUMPUR, July 31 (Bernama) -- Malaysia’s official reserve assets amounted to US$120.61 billion (US$1= RM4.23) as of end-June 2025, while other foreign currency assets stood at US$1.21 billion, according to Bank Negara Malaysia (BNM).
KUALA LUMPUR, July 24 (Bernama) -- The government's plan to reduce the price of RON95 petrol is widely seen as a positive step to ease living costs and support private consumption amid global economic uncertainties, said investment banks.
KUALA LUMPUR, July 15 (Bernama) -- Luxchem Corporation Bhd, via its wholly-owned subsidiary Luxchem Trading Sdn Bhd (LTSB), has signed agreements to acquire five leasehold industrial plots in Mukim Kapar, Klang, for RM45.6 million.
KUALA LUMPUR, July 11 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) maintained a positive earnings forecast on Axiata Group Bhd and reiterated a ‘Buy’ call on Axiata with an unchanged target price of RM2.90 per share.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 9 (Bernama) – Bank Negara Malaysia’s (BNM) decision to cut the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent is a proactive stance to stimulate business activity, sustain domestic demand, bolster growth and maintain Malaysia’s economic resilience.
KUALA LUMPUR, July 2 (Bernama) -- PBA Holdings Bhd’s wholly-owned subsidiary, Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP), has submitted the required documents to the Securities Commission Malaysia (SC) to set up an Islamic medium-term notes programme (sukuk wakalah) worth up to RM5 billion.
KUALA LUMPUR, July 1 (Bernama) -- Property developer Avaland Bhd has entered into an agreement to acquire 2.2 acres (0.89 hectare) of prime development land in Section 13, Petaling Jaya worth RM49 million.
KUALA LUMPUR, June 30 (Bernama) -- Malaysia’s official reserve assets amounted to US$119.59 billion (US$1= RM4.21) as of end-May 2025, while other foreign currency assets stood at US$955.2 million, according to Bank Negara Malaysia (BNM).
KUALA LUMPUR, June 30 (Bernama) -- Meat processor and distributor, MyAxis Group Bhd, expects its upcoming processing facility in Bukit Kayu Hitam, Kedah to start contributing to its revenue in the second quarter of the next financial year (2QFY2026).
KUALA LUMPUR, June 25 (Bernama) -- HSS Engineers Bhd’s (HEB) associate, HSS Integrated Sdn Bhd (HSSI), has secured a consultancy contract for the Davao Public Transport Modernisation Project in the Philippines.
