Growing Concerns Of Recession On Revised GDP In Major Economies, US

By Siti Radziah Hamzah

KUALA LUMPUR, April 6 (Bernama) -- Concerns about a global recession are growing, driven by recent revisions to the gross domestic product (GDP) for the United States (US), Europe, and China, along with Donald Trump’s announcement on Thursday of new reciprocal tariff plans.

OM Holding Units Secure US$304 Mln In Refinancing Through Syndicated Loan, Additional Facilities 

KUALA LUMPUR, April 4 (Bernama) -- OM Holding Ltd’s (OMH) wholly owned subsidiaries OM Materials (S) Pte Ltd (OMS) and OM Materials (Sarawak) Sdn Bhd (OM Sarawak) have successfully refinanced through a US$168 million syndicated debt facility, along with separately and bilaterally arranged working capital and bank guarantee facilities of approximately US$136 million.

Maybank IB Shaves GDP Growth Forecast To 4.3 Pct In 2025 Due To US Tariff

KUALA LUMPUR, April 4 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has revised Malaysia’s 2025 real gross domestic product (GDP) growth forecasts to 4.3 per cent from 4.9 per cent and to 4.0 per cent from 4.6 per cent for 2026.

Trump’s Latest Tariffs To Weigh On Regional Markets, Malaysia’s E&E Exports

By Abdul Hamid A Rahman

KUALA LUMPUR, April 3 (Bernama) -- The global financial markets and regional export-reliant economies including Malaysia are bracing for increased volatility following US President Donald Trump’s aggressive tariff rollout effective April 5 and April 9, 2025.

Islamic Banks Offer Financial Aid To Putra Heights Gas Pipeline Fire Victims

KUALA LUMPUR, April 2 (Bernama) -- Islamic banks in Malaysia are extending financial assistance to victims of the Putra Heights gas pipeline fire in Selangor.

Banking Sector Poised For Strong Loan Growth On Infra Projects, JS-SEZ, Renewable Energy Investments – MIDF

KUALA LUMPUR, April 2 (Bernama) -- The banking sector’s loan growth prospects remain strong, buoyed by a combination of major infrastructure projects like the Johor-Singapore Special Economic Zone and renewable energy investments, said MIDF Amanah Investment Bank Bhd.

Digital Banks Must Realign Strategies To Serve B40

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 2 (Bernama) -- Digital banks in Malaysia are increasing efforts to reach the underserved B40 group, especially those in rural areas, by integrating banking services into popular platforms and offering attractive incentives to encourage usage.

ABM Encourages Borrowers Affected By Putra Heights Fire To Contact Their Banks

KUALA LUMPUR, April 1 (Bernama) -- The Association of Banks in Malaysia (ABM) and its member banks expressed their deepest concerns for those impacted by the gas pipeline fire that broke out today in Putra Heights.

World Backup Day: Safeguard Your Data From Festive Season Cyber Threats - Fortinet

By Anas Abu Hassan

KUALA LUMPUR, March 31 (Bernama) -- Businesses and consumers in Malaysia are warned of heightened cybersecurity risks amid a surge in online scams and cyber threats, especially during the festive Hari Raya season, global cybersecurity firm Fortinet said.

Cautious Aidilfitri Spending Despite Stable Economy, Labour Market

PUTRAJAYA, March 30 (Bernama) -- Economic uncertainty is shaping Malaysians' spending habits this festive season, with consumers adopting a cautious approach despite stable economic conditions.

Gold Futures To Trade In Cautious Mode Next Week Ahead Of US Tariffs

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 29 (Bernama) -- The gold futures market on Bursa Malaysia Derivatives is likely to trade in a cautious mode next week ahead of the United States (US) reciprocal tariffs that are expected to be enforced on April 2.

BNM Remains Data-Driven In Assessing Inflation, Growth Outlook - Deputy Governor

KUALA LUMPUR, March 26 (Bernama) -- Bank Negara Malaysia (BNM) will continue to adopt a data-driven approach in evaluating the impact of economic developments on inflation and growth, said Deputy Governor Datuk Marzunisham Omar.