Banks' Capital Buffers Strong Enough To Absorb Business Credit Losses – BNM

KUALA LUMPUR, March 24 (Bernama) -- Stress tests conducted by Bank Negara Malaysia (BNM) affirmed that banks’ capital buffers are sufficient to absorb a potential increase in credit losses from the business sector under adverse stress scenarios.

BNM: Inflation Likely To Trend At Manageable Level Of 2.0-3.5 Percent In 2025

KUALA LUMPUR, March 24 (Bernama) -- Inflation is expected to trend higher between 2.0 per cent to 3.5 per cent this year compared to an average of 1.8 per cent in 2024, according to Bank Negara Malaysia (BNM). 

Ringgit To Trade Within 4.42-4.45 Range Against Greenback Next Week

By Karina Imran

KUALA LUMPUR, March 22 (Bernama) -- The ringgit is anticipated to trade within the 4.42–4.45 range against the US dollar next week, with short-term volatility contingent upon broader market dynamics.

Interest In Blue Chips Lifts Fbm KLCI Marginally Higher At Close

KUALA LUMPUR, March 21 (Bernama) -- Bursa Malaysia’s benchmark index ended the day marginally higher supported by renewed buying interest in blue-chip stocks, said an analyst. 

MAG's Order Of New Aircraft Reaffirms Its Commitment To Growth -- PM Anwar

PUTRAJAYA, March 21 (Bernama) -- Malaysia Aviation Group (MAG) has placed a firm order for 30 Boeing 737 aircraft, comprising 18 Boeing 737-8 and 12 Boeing 737-10 models and powered by CFM LEAP-1B engines, said Prime Minister Datuk Seri Anwar Ibrahim.

PCG’s Olefins And Derivatives Segment To Stay Under Pressure In 1Q 2025 - CIMB

KUALA LUMPUR, March 21 (Bernama) -- Petronas Chemicals Group Bhd's (PCG) olefins and derivatives (O&D) segment is expected to remain under pressure in the first quarter (1Q) of 2025, with plant utilisation projected to hover around 70 per cent, excluding the Pengerang Petrochemicals Complex (PPC), CIMB Securities Sdn Bhd said.

Bursa Malaysia Starts Flat As Wall St Drags

KUALA LUMPUR, March 21 (Bernama) -- Bursa Malaysia opened nearly flat, tracking Wall Street’s weaker overnight performance.  

US Emerges As Malaysia’s Largest Export Market; Local Firms Encouraged To Invest Stateside

KUALA LUMPUR, March 20 (Bernama) -- The United States (US) has become Malaysia’s largest export market, overtaking China in terms of export volume, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

SoftBank Group To Acquire Ampere Computing For US$6.5 Bln 

KUALA LUMPUR, March 20 (Bernama) -- SoftBank Group Corp (SoftBank Group) has announced the acquisition of Ampere Computing, an independent silicon design company, in an all-cash transaction valued at US$6.5 billion. (US$1=RM4.42)

Perseverance, Innovation, And Support: Key Drivers Of Business Success For Bizsmart Challenge Winners

By Naveen Prabu

KUALA LUMPUR, March 19 (Bernama) -- The winners of the Alliance Bank Malaysia Bhd’s BizSmart Challenge Accelerator Edition have proven that perseverance, innovation, and the right support are crucial to overcoming business challenges and achieving sustainable success.

Ringgit Rises 0.24 Pct Against US Dollar

By Karina Imran

KUALA LUMPUR, March 19 (Bernama) -- The ringgit closed firmer against the US dollar on Wednesday, gaining 0.24 per cent to 4.4330/4400 from Monday’s close of 4.4450/4490, amid cautious sentiment ahead of the outcome of the United States (US) Federal Open Market Committee (FOMC) meeting later today.

Motion Ventures Unveils US$100 Mln Maritime Tech Fund 

KUALA LUMPUR, March 19 (Bernama) -- Motion Ventures, a venture capital fund catalysing digital and energy transitions across global supply chains, has unveiled its US$100 million second fund (Fund II), the largest maritime-focused tech fund to date. (US$1=RM4.44)