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Malaysia’s 2025 GDP May Be Revised Downward Due To Tariffs, Says BNM Governor

KUALA LUMPUR, April 24 (Bernama) -- Malaysia’s GDP growth forecast for 2025, currently projected at between 4.5 per cent and 5.5 per cent, may need to be revised downward due to the impact of tariffs, said Bank Negara Malaysia (BNM).

Tariffs Will Impact Guan Chong's Margin For US-Bound Products -- MIDF Amanah

KUALA LUMPUR, April 24 (Bernama) -- The United States’ (US) tariffs will negatively impact the margin for Guan Chong Bhd’s (GCB) US-bound products, especially butter and liquor, MIDF Amanah Investment Bank Bhd said.

Malaysia’s Great Shift: Navigating The High Stakes Of Targeted Subsidies

By Siti Radziah Hamzah

KUALA LUMPUR, April 23 (Bernama) -- As Malaysia embarks on one of the most ambitious reforms to its economic framework in recent decades, the issue of targeted subsidy for diesel has taken centre stage.

Uni-Fuels Revenue Soars 119 Pct, Faces Profit Headwinds Post-IPO

KUALA LUMPUR, April 23 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels), a global marine fuel solutions provider, posted a 119 per cent surge in revenue for 2024, reaching US$155.2 million from US$70.8 million in 2023, driven by a 121 per cent jump in marine fuel sales. (US$1=RM4.38)

Cahya Mata Shares Rise Following RM550 Mln State Contract For Kuching Convention Centre

KUALA LUMPUR, April 22 (Bernama) -- Cahya Mata Sarawak Bhd (CMSB) has experienced a notable increase in its share price following the announcement that its 51 per cent-owned subsidiary, CMS Land Sdn Bhd, secured a RM550 million contract from the Sarawak state government.

OCBC Cuts Malaysia’s 2025 GDP Forecast To 4.3 Pct

KUALA LUMPUR, April 22 (Bernama) -- OCBC Bank (Malaysia) Bhd has revised Malaysia’s gross domestic product (GDP) growth for 2025 to 4.3 per cent from 4.5 per cent on a weaker external demand outlook. 

HR Minister Urges Penang’s Tech Sector To Embrace Innovation And Reimagine Economic Future

GEORGE TOWN, April 21 (Bernama) -- Human Resources Minister Steven Sim Chee Keong has called on Penang’s semiconductor and advanced technology industries to reimagine the state’s future amid global economic uncertainty, urging a bold shift from a traditional manufacturing hub to a high-value, innovation-driven economy.

Cahya Mata Bags RM550 Mln Design And Build Contract For Convention Centre In Kuching

KUALA LUMPUR, April 21 (Bernama) -- Cahya Mata Sarawak Bhd’s 51 per cent owned subsidiary, CMS Land Sdn Bhd, has won a RM550 million design and build contract from the Sarawak state government to develop the Borneo Convention Centre Kuching II at Muara Tebas District, Kuching, Sarawak.

Bursa Malaysia Ends Little Changed On Subdued Trading

By Siti Radziah Hamzah

KUALA LUMPUR, April 21 (Bernama) -- Bursa Malaysia’s benchmark index closed flat to settle at slightly below the 1,500-mark on Monday as investors balanced persistent global uncertainties with signs of underlying domestic resilience, said an analyst. 

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, April 21 (Bernama) -- Bursa Malaysia ended the morning session lower as investors took profit in anticipation of escalating trade war tensions. 

Tariff Pause Spurs Front-loading To Bolster Trade, Manufacturing

KUALA LUMPUR, April 19 (Bernama) -- Front-loading activities are expected to support trade and manufacturing in the near term amid the brief United States (US) tariff pause, according to CIMB Investment Bank Bhd.