5d ago
KUALA LUMPUR, Dec 10 (Bernama) -- Malaysia’s unemployment rate is expected to remain at 3.0 per cent in 2025 and 2026, supported by steady employment growth and continued hiring in the domestic-oriented services sector, according to MBSB Investment Bank Bhd (MBSB IB).
5d ago
KUALA LUMPUR, Dec 10 (Bernama) -- Eco World Development Group Bhd (EcoWorld) posted a higher net profit of RM438.07 million in the financial year ended Oct 31, 2025 (FY2025) compared to RM303.54 million a year ago.
5d ago
KUALA LUMPUR, Dec 10 (Bernama) -- The government has approved five investment projects involving Indian companies in Malaysia, worth RM23.85 million, for the first nine months of 2025, said Deputy Minister of Investment, Trade and Industry Liew Chin Tong.
5d ago
KUALA LUMPUR, Dec 10 (Bernama) -- A review panel under the National Mineral Council could be established to address the fragmented jurisdiction and inconsistent enforcement between federal and state authorities, hindering effective oversight of rare earth element (REE) projects.
5d ago
KUALA LUMPUR, Dec 10 (Bernama) -- MBSB Investment Bank Bhd expects Visit Malaysia Year 2026 (VMY 2026) to be a key driver of Malaysia’s economy and equities market next year, with related sectors poised to benefit.
5d ago
By Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- Global sustainable aviation fuel (SAF) output is expected to reach 1.9 million tonnes (Mt), or equal to 2.4 billion litres, this year, double the 1 Mt produced in 2024, according to the International Air Transport Association (IATA).
5d ago
KUALA LUMPUR, Dec 9 (Bernama) -- PJBumi Bhd’s wholly owned subsidiary, PJBumi Heavy Engineering & Services Sdn Bhd, has secured a RM23.46 million design-and-build contract for an industrial development in Sungai Petani, Kedah.
5d ago
KUALA LUMPUR, Dec 9 (Bernama) -- Southern Score Builders Bhd announced that its 51 per cent-owned subsidiary, SJEE Engineering Sdn Bhd, today accepted a letter of award (LoA) from a local construction company to undertake sub-contract works for a data centre project worth RM87.8 million.
5d ago
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- A weaker US dollar is expected to benefit non-US dollar-based airlines’ profitability and margins by reducing US dollar-denominated costs such as fuel, aircraft leases and maintenance, said the International Air Transport Association (IATA).
5d ago
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- The Asia-Pacific region is expected to remain the largest contributor to global traffic growth, with lead factors projected to reach 84.4 per cent next year - an all-time high for the region.
5d ago
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- Global airlines are expected to set a new record of a combined total net profit of US$41 billion (US$1=RM4.11) in 2026, up from US$39.5 billion this year, while the net profit margin is expected to remain unchanged from 2025 at 3.9 per cent.
5d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 9 (Bernama) -- Bursa Malaysia drifted lower for most of the day but reversed earlier losses to end slightly higher on late buying as investors turned cautiously optimistic ahead of the United States Federal Open Market Committee’s (FOMC) rate decision tomorrow.