Bargain Hunting Lifts Bursa Malaysia In Early Trade
KUALA LUMPUR, March 3 (Bernama) -- Bursa Malaysia rebounded to open higher on Tuesday as bargain hunting emerged after yesterday’s sell-off.
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More Than One Billion E-invoices Issued To Date - MoF
KUALA LUMPUR, March 2 (Bernama) -- Since the implementation of e-invoicing began on Aug 1, 2024, a total of 204,928 traders have submitted e-invoices, involving the issuance of more than one billion e-invoices overall to date, according to the Ministry of Finance (MOF).
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.
Ringgit Gained 4.31 Pct To RM3.89 As Of March 1, 2026 -- Amir Hamzah
KUALA LUMPUR, March 2 (Bernama) -- The value of the ringgit had increased by 4.31 per cent to RM3.89 against the US dollar as of March 1, 2026, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
Malaysian Insurance Sector Set For Major Reforms Under Reset Initiatives
KUALA LUMPUR, March 2 (Bernama) -- The Malaysian insurance industry is poised to enter a new phase of major reforms under government-led RESET initiatives, including the introduction of the medical and health insurance/takaful (MHIT) plan and diagnostic-related group (DRG) pricing to address rising medical costs.
India’s ICICI Lombard Outlooks Revised To Positive - AM Best
KUALA LUMPUR, March 2 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of India’s ICICI Lombard General Insurance Company Limited (ICICI Lombard).
Aqina Fruits Sees Pineapple Exports Soar To RM2.68 Mln In 2025
JOHOR BAHRU, March 1 (Bernama) -- Pineapple producer and exporter Aqina Fruits Sdn Bhd saw a nearly fourfold jump in export value in 2025 to RM2.68 million, increasing significantly from RM628,000 in 2024.
US-Iran Tensions May Drive Global Gold Prices Towards US$5,500 Per Ounce - Analyst
By Danni Haizal Danial Donald
KUALA LUMPUR, March 1 (Bernama) -- The ongoing attack against Iran by the United States and Israel has driven investors toward safe-haven assets, pushing global gold prices up to US$5,500 per ounce, said an analyst.
EPF’s 6.15 Pct Dividend Respectable, Reflects Resilient Market Performance - Economists
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, March 1 (Bernama) -- The Employees Provident Fund’s (EPF) dividend rate of 6.15 per cent for both the conventional and shariah savings accounts, with a total payout of RM79.6 billion for 2025, is respectable and reflective of resilient financial market performance despite global volatility, said economists.
Johor To Announce 'Amazing' Investment Figures -- Onn Hafiz
JOHOR BAHRU, Feb 28 (Bernama) -- Johor Menteri Besar Datuk Onn Hafiz Ghazi hinted at a “more amazing” investment figure to be announced in the near future, following positive developments in the implementation of the Johor-Singapore Special Economic Zone (JS-SEZ).
Economic Achievements Due To Strong Governance, Ongoing Efforts To Fight Corruption - PM
PUTRAJAYA, Feb 28 (Bernama) -- Malaysia’s recent economic achievements, including the ringgit’s performance as one of the strongest currencies in Asia, are the result of governance reforms and continuous efforts to combat corruption and misappropriation of public funds.
Private Non-financial Sector Credit Up By 5.5 Pct In January 2026 -- BNM
KUALA LUMPUR, Feb 27 (Bernama) -- Credit to the Malaysia’s private non-financial sector grew by 5.5 per cent in January 2026 against 5.4 per cent in December 2025, reflecting a higher growth in outstanding corporate bonds of 7.6 per cent versus the prior month’s 6.9 per cent, according to Bank Negara Malaysia (BNM).