9d ago
KOTA KINABALU, July 17 (Bernama) -- The Sabah government, through SMJ Energy Sdn Bhd has signed a head of agreement (HoA) with Petronas LNG Sdn Bhd to acquire 25 per cent equity stake in the US$3.1 billion (RM13.17 billion) nearshore floating liquefied natural gas (ZLNG) facility in Sipitang.
9d ago
KUALA LUMPUR, July 17 (Bernama) -- Malaysia’s real estate market recorded steady growth across key sectors in the first half of 2025 (1H 2025), supported by strong data centre investments, infrastructure development and resilient domestic demand, according to Knight Frank Malaysia.
9d ago
KUALA LUMPUR, July 17 (Bernama) -- AMMB Holdings Bhd (AmBank Group) expects Malaysia’s gross domestic product (GDP) to grow at a moderate rate of around four per cent year-on-year in the second quarter of 2025 (2Q 2025), supported by continued front-loading activities that benefit the external sector.
9d ago
KUALA LUMPUR, July 17 (Bernama) -- Increasing investment in research and development (R&D) is key to transforming Malaysia into a high-income and competitive nation, according to the Ministry of Science, Technology and Innovation (MOSTI).
9d ago
KUALA LUMPUR, July 17 (Bernama) -- Malaysia stands a 55 per cent chance of reducing the final United States (US) tariff to a 15 per cent-19 per cent range from the current 25 per cent, if positive trade agreements are reached, said Apex Securities Bhd.
9d ago
KUALA LUMPUR, July 17 (Bernama) -- The Singapore Chinese Chamber of Commerce and Industry (SCCCI) and Maybank Singapore Ltd have signed a memorandum of understanding (MoU) to strengthen cross-border business collaboration.
9d ago
KUALA LUMPUR, July 17 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects Bank Negara Malaysia (BNM) to keep the overnight policy rate (OPR) at 2.75 per cent for the rest of the year after the 25 basis points reduction on July 9.
9d ago
KUALA LUMPUR, July 17 (Bernama) -- ASEAN-5 gross domestic product (GDP) growth is projected to fall to just three per cent in 2025 and as low as 1.5 per cent in 2026 if knock-on effects from the United States (US) tariffs continue, said Bloomberg Southeast Asia economist Dr Tamara Mast Henderson.
10d ago
KUCHING, July 16 (Bernama) -- Sarawak inaugurated the sixth International Energy Week (IEW) 2025 at the Borneo Convention Centre Kuching (BCCK), reaffirming its pivotal role as a global leader in clean energy innovation amidst the worldwide shift towards sustainable energy.
10d ago
By Durratul Ain Ahmad Fuad and Danni Haizal Danial Donald
KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia closed lower on Wednesday on continuous profit-taking in selected heavyweights led by the financial services and utilities sectors.
10d ago
KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia ended the morning trading session lower on Wednesday, trading below the 1,520 level as investors remain cautious ahead of the looming United States (US) tariff negotiation deadline.
10d ago
By Siti Noor Afera Abu
KUALA LUMPUR, July 16 (Bernama) -- Economists have projected the Malaysian economy to expand between 4.5 per cent and 5.5 per cent in the second quarter of 2025 (2Q 2025), driven partly by increased export demand, especially from the United States (US) importers due to heightened fears of impending tariff in August.