Govt To Ensure Public Financial Management Objectives Result In Better Fiscal Outcomes - MoF

KUALA LUMPUR, March 2 (Bernama) -- The government will ensure that the objectives of public financial management under the Public Finance and Fiscal Responsibility Act 2023 (Act 850) are translated into better fiscal outcomes through the strengthening of a rules-based governance framework to improve transparency and accountability, said the Ministry of Finance (MoF).

Global Air Cargo Demand Rises 5.6 Pct In January -- IATA

KUALA LUMPUR, March 2 (Bernama) -- Total demand of global air cargo, measured in cargo tonne-kilometres (CTK), rose by 5.6 per cent in January 2026, compared with January 2025 levels (7.2 per cent for international operations), according to the International Air Transport Association (IATA).

Top Glove Appoints Ng Yong Lin, Lim Jin Feng As Joint Managing Directors

KUALA LUMPUR, March 2 (Bernama) -- Top Glove Corporation Bhd has appointed its executive director Ng Yong Lin and marketing director Lim Jin Feng as joint managing directors (MDs) effective April 1, 2026.

Penang MICE Sector Surges With Estimated Economic Impact Of RM1.91 Bln In 2025

GEORGE TOWN, March 2 (Bernama) -- Meetings, Incentives, Conferences, and Exhibitions (MICE) activities in Penang generated about RM1.91 billion in estimated economic impact (EEI) for 2025, a significant 47.7 per cent increase compared to 2024.

Disruption Of Global Aviation Enters Third Day With Airport And Airspace Closures

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 2 (Bernama) – As the war in the Middle East enters its third day, global aviation continues to be disrupted with commercial flights across the region remaining at a standstill, as major airports continue to be closed and regional airspace restricted, resulting in a mind-boggling 2,000 flights being cancelled.

CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict

By K. Naveen Prabu

KUALA LUMPUR, March 2 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, supported by a rally in crude oil prices amid the ongoing US-Iran conflict. 

Gold Futures End Higher On Safe-haven Demand

By Siti Noor Afera Abu

KUALA LUMPUR, March 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives settled higher on Monday, tracking gains in US COMEX gold futures, as conflict in the Middle East boosted safe-haven demand despite a firmer greenback.

KLCI Futures End Lower

KUALA LUMPUR, March 2 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended lower on Monday, in line with the subdued performance of the cash market.

Ringgit Eases As Prevailing Risk-off Sentiment Weighs On Local Currency

KUALA LUMPUR, March 2 (Bernama) -- The ringgit closed lower against the US dollar on Monday, as prevailing risk-off sentiment weighed on the local currency amid heightened uncertainty over the conflict in the Middle East.

Smarter Use Of Transaction Data Key To MSMEs’ Next Growth Phase - Paydibs

KUALA LUMPUR, March 2 (Bernama) -- The next phase of growth for micro, small, and medium enterprises (MSMEs) depends on how intelligently transaction data is harnessed, according to Paydibs, a digital payments company. 

Velesto Energy Unit Bags US$157 Mln Contract From Petronas Carigali

KUALA LUMPUR, March 2 (Bernama) -- Velesto Energy Bhd's (VEB) indirect wholly owned subsidiary, Velesto Drilling Sdn Bhd, has secured a contract worth US$157 million from Petronas Carigali Sdn Bhd (PCSB) to provide a jack-up drilling rig for the PCSB 2026-2030 contract period.

Credit Providers, Credit Service Providers Require Licensing, Registration Effective June 1

PUTRAJAYA, March 2 (Bernama) -- Credit providers and credit service providers are required to meet licensing requirements and register with the Consumer Credit Commission (CCC) effective June 1, 2026, in line with the Consumer Credit Act 2025 (Act 873) (CCA).