Bank Negara Malaysia Expected to Hold Rates at 2.75% Until 2027, Economists Say
KUALA LUMPUR, 2 September 2025 – Bank Negara Malaysia (BNM) is widely expected to leave its Overnight Policy Rate (OPR) unchanged at 2.75% this week and maintain that…
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Ringgit Opens Higher Ahead of BNM Policy Decision and U.S. Jobs Report
KUALA LUMPUR, 2 September 2025 – The Malaysian ringgit opened stronger against the U.S. dollar this morning, as investors positioned cautiously ahead of Bank Negara Malaysia’s (BNM) upcoming…
RON95 Petrol Subsidy Rationalisation Still Being Finalized Ahead of Launch
KUALA LUMPUR, 2 September 2025 – The imminent rationalisation of RON95 petrol subsidies continues to be meticulously calibrated, with vital implementation details and eligibility criteria still being finalized…
SARA Aid Usage Soars Past RM145 Million in Just Two Days Despite Technical Hurdles
KUALA LUMPUR, 1 September 2025 – Malaysia’s one-off RM100 Sumbangan Asas Rahmah (SARA) cash aid has garnered significant uptake, with total spending exceeding RM145 million within the first…
Ringgit Expected to Trade Sideways with Mild Upside Bias Ahead of BNM Policy Decision
KUALA LUMPUR, 31 August 2025 – The Malaysian ringgit is projected to navigate a sideways trajectory with a subtle upside bias next week, as market participants await clarity…
U.S. Stocks Retreat as Core Inflation Remains Stubborn, Forestalling Rate Cut Relief
NEW YORK, 29 August 2025 – U.S. equity markets pulled back from record highs on Friday as investor enthusiasm was dampened by inflation data showing sticking pressure—especially in…
BYD Q2 Profit Drops Nearly 30% Despite Breakthrough in Export Growth and Clouded Outlook
SHENZHEN, 29 August 2025 – Chinese electric vehicle heavyweight BYD registered a 29.9% year-on-year drop in net profit, with Q2 earnings falling to RMB 6.4 billion (US$895 million)—its…
Alibaba Q1 Profit Jumps 78%, Fueled by Investments and Cloud Momentum
HANGZHOU, 29 August 2025 – Alibaba Group Holding reported a stunning 78% surge in quarterly net profit, reaching ¥43.1 billion (~US$6 billion) for the three months ending 30…
Malaysians Can Start Using RM100 SARA Aid via MyKad from August 31
PUTRAJAYA, 29 August 2025 – The government’s one-off RM100 Sumbangan Asas Rahmah (SARA) aid, set to help alleviate cost-of-living pressures, will be disbursed directly onto every adult Malaysian’s…
Ireka Appoints Anas Nasrun as New Chief Financial Officer
KUALA LUMPUR: Ireka Corporation Berhad has appointed Encik Anas Nasrun bin Mohd Osman as its new Chief Financial Officer (CFO), effective today. Anas, 51, brings with him more…