KUALA LUMPUR, June 8 (Bernama) -- Overall credit strength across South and Southeast Asia will remain stable over the next 12-18 months, although US dollar strength would weigh on the credit quality for a subset of rated companies with structural currency mismatches, according to Moody’s Ratings.
KUALA LUMPUR, June 5 (Bernama) -- Crude oil and condensate production recorded a year-on-year decline of 5.5 per cent to 43 million barrels in the first quarter of 2026 (1Q 2026) compared to 45.5 million barrels in the same period last year.
KUALA LUMPUR, June 3 (Bernama) -- Orano Canada Inc (Orano Canada) and Cameco Corporation (Cameco) have reached an agreement to jointly acquire TEPCO Resources Inc (TEPCO) five per cent ownership in the Cigar Lake Joint Venture (JV) in a transaction that will increase both companies’ stakes in the uranium mining project.
KUALA LUMPUR, May 25 (Bernama) -- Sime Darby Bhd's net profit for the third quarter financial year ended March 31, 2026 (3Q FY2026) surged to RM654.00 million from RM193.00 million in the same quarter last year.
KUALA LUMPUR, May 25 (Bernama) -- Malaysia’s Producer Price Index (PPI) rises 5.4 per cent in April 2026 against 1.1 per cent in the previous month, the highest increase since August 2022, mainly driven by higher crude oil and petroleum-related product prices, said the Statistics Department (DOSM).
KUALA LUMPUR, May 20 (Bernama) -- Precious metals such as gold and silver continue to play an important role as an investment strategy for hedging against uncertain economic situations, even though the inverse correlation between currencies and gold movements has changed, especially over the past three years.
KUALA LUMPUR, May 19 (Bernama) -- Gradiant has closed its Series E financing round led by Safar Partners and Hostplus Superannuation Fund, with participation from ClearVision Ventures and other global investors, valuing the company at US$2 billion. (US$1=RM3.97)
KUALA LUMPUR, May 15 (Bernama) -- Malaysia continued to record a surplus in the current account balance (CAB) in the first quarter of 2026 (1Q 2026), amounting to RM15.2 billion, equivalent to 3.0 per cent of gross domestic product (GDP), significantly higher than RM2.7 billion in 4Q 2025.
KUALA LUMPUR, May 15 (Bernama) -- Malaysia’s economy expanded by 5.4 per cent in the first quarter of 2026 (1Q 2026), surpassing the advance estimate of 5.3 per cent with robust domestic demand, investment activities and export continued to drive growth, according to Bank Negara Malaysia (BNM).
KUALA LUMPUR, May 8 (Bernama) -- The Industrial Production Index (IPI) rose by 3.1 per cent year-on-year in March 2026, led by 5.5 per cent growth in manufacturing output and 4.9 per cent growth in electricity output, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, May 3 (Bernama) -- The Asian Development Bank (ADB) today launched a new financing facility to help countries in Asia and the Pacific develop critical minerals supply chains needed for clean energy, batteries, electric vehicles, and digital technology.
BUTTERWORTH, April 27 (Bernama) -- The 2026 Economic Census (BE 2026) in Penang will cover nearly 100,000 business establishments across five main economic sectors, namely services, manufacturing, construction, agriculture, and mining and quarrying, with census operations conducted from January to October 2026.
