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Ringgit Closes Little Changed Against US Dollar

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 25 (Bernama) -- The ringgit held steady against a strong US dollar, closing little changed from yesterday’s level, driven by positive economic resilience as reflected in the Leading Index (LI) data.

Bursa Malaysia Closes Lower Amid Continued Profit-taking

By Abdul Hamid A Rahman

KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia closed lower on Wednesday on profit-taking activity, extending its loss for the second straight session.

MBSB Bank Funds Tier-1 Dairy Infrastructure With RM95.8 Mln Facility

KUALA LUMPUR, Feb 25 (Bernama) -- MBSB Bank Bhd has provided a structured financing facility of RM95.8 million to Jemaluang Dairy Valley Sdn Bhd for the development of Tier-1 dairy infrastructure.

Hangzhou Renames Metro Stations To Boost Yuhang Smart Manufacturing Hub

KUALA LUMPUR, Feb 25 (Bernama) -- The Hangzhou Municipal Government has recently approved the official names for five stations along Metro Line 10 and the Hangzhou-Deqing Intercity Railway (Yuhang Section), including two stations within the core area of the Yuhang Economic Development Zone.

Wasco Bhd's FY2025 Net Profit Rises To RM160.5 Mln

KUALA LUMPUR, Feb 25 (Bernama) -- Wasco Bhd's net profit rose to RM160.54 million for the financial year ended Dec 31, 2025 (FY2025), from RM153.04 million in the preceding year.

Digital Realty Expands AI Innovation Labs To Singapore, Japan

KUALA LUMPUR, Feb 25 (Bernama) -- Digital Realty, the world’s largest cloud- and carrier-neutral data centre platform, announced the expansion of its Digital Realty Innovation Lab (DRIL) network into Singapore and Japan, marking the first Asia Pacific locations following the inaugural DRIL in Northern Virginia in September 2025.

Malaysia’s Economy To Remain Resilient For 2Q 2026 With Leading Index Up 0.1 Pct In December 2025 -- DOSM

KUALA LUMPUR, Feb 25 (Bernama) -- Malaysia’s economy is expected to remain resilient for the second quarter of 2026 (2Q 2026) supported by the performance of the Leading Index (LI) in December 2025, which recorded a marginal increase of 0.1 per cent to 114.0 points compared to 113.9 points in the same period last year, according to the Department of Statistics Malaysia (DOSM).

Labuan FSA Strengthens Banking Capital Framework

By Jailani Hasan

LABUAN, Feb 24 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) has reinforced its commitment to international banking standards by aligning its capital framework with the Basel III regulatory regime, further strengthening the resilience and credibility of the Labuan International Business and Financial Centre (Labuan IBFC).

MOF Will Dissolve Dormant MKD Companies After Financial Obligations Resolved -- Liew Chin Tong

KUALA LUMPUR, Feb 24 (Bernama) -- The Ministry of Finance (MoF) will dissolve dormant Minister of Finance (Incorporated) (MKD) companies after the companies resolve issues related to financial obligations, said Deputy Finance Minister Liew Chin Tong.

Berjaya Land’s Net Loss Widens To RM121.76 Mln In 2Q FY2026

KUALA LUMPUR, Feb 24 (Bernama) -- Berjaya Land Bhd posted a wider net loss of RM121.76 million for the second quarter ended Dec 31, 2025 (2Q FY2026), compared with a net loss of RM33.93 million in the previous corresponding quarter.

Supermax Net Loss Widens To RM58.44 Mln In Second Quarter On Forex Losses

KUALA LUMPUR, Feb 24 (Bernama) -- Supermax Corporation Bhd’s net loss widened to RM58.44 million in the second quarter (2Q) of the financial year ending June 30, 2026 (FY2026) from a RM4.92 million loss in the same period last year.

Bursa Malaysia Snaps Three-Day Winning Streak On Profit-Taking

By Abdul Hamid A Rahman

KUALA LUMPUR, Feb 24 (Bernama) -- Bursa Malaysia finished in the red on Tuesday on profit-taking after recent gains, ending a three-day winning streak.