News
Indonesia raises rates in surprise move to prop up sinking rupiah
3+ hour, 1+ min ago (126+ words) KLSE Screener JAKARTA: Indonesia's central bank raised interest rates by 25 basis points on Tuesday in an unexpected off-cycle rate hike, taking the benchmark rate to 5. 50% as it moves to stabilise the rupiah, which has hit a series of record lows....
Malaysia's forex reserves expand to US$130. 6 bil at end-May
4+ hour, 21+ min ago (283+ words) KUALA LUMPUR (June 9): Malaysia's international reserves rose to US$130. 6 billion (RM530. 17 billion) as at May 29, 2026, according to the central bank's latest update on Tuesday." The reserves are sufficient to finance 4. 6 months of imports of goods and services and cover 0. 9 times the…...
Malaysia keeps fiscal discipline amid subsidy rise, inflation pressures remain contained
1+ hour, 49+ min ago (716+ words) KUALA LUMPUR: The government is maintaining fiscal discipline and adjusting its spending plans to manage rising global price pressures, even as fuel subsidy costs rose to RM7. 5 billion in April. Finance Minister II Amir Hamzah Azizan said the flexible approach has…...
Gold rises on weaker oil; inflation, rate outlook in focus
4+ hour, 23+ min ago (90+ words) KLSE Screener Gold rises on weaker oil; inflation, rate outlook in focus Gold prices firmed on Tuesday, supported by softer oil prices following a fragile Israel-Iran truce, while focus was also on inflation and interest rate hike risks. Spot gold…...
Khazanah: Investments key to Malaysia's next growth phase
4+ hour, 31+ min ago (199+ words) As geopolitical competition increasingly shapes economic outcomes, countries no longer compete solely on cost or market access, but also on resilience, capability and strategic relevance within global supply chains. Amirul also said Malaysia's competitiveness will depend not only on attracting…...
Indonesian rupiah strengthens after surprise BI rate hike
4+ hour, 54+ min ago (140+ words) KLSE Screener Indonesian rupiah strengthens after surprise BI rate hike The Indonesian rupiah firmed after the central bank unexpectedly raised interest rates on Tuesday, a week ahead of its scheduled policy meeting, as it sought to put a floor under…...
Moody's expects stable South, Southeast Asian credit strength over next 12-18 months despite strong greenback
1+ day, 4+ hour ago (322+ words) KUALA LUMPUR (June 8): 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....
Malaysia's approved investments marginally lower at RM92. 8 bil in 1 Q, but job creation up 47%
1+ day, 53+ min ago (457+ words) KUALA LUMPUR (June 8): Malaysia's approved investments dipped marginally by 0. 2% to RM92. 8 billion in the first quarter of 2026 from RM93 billion a year earlier but the projects are expected to create sharply more jobs, helped by stronger domestic investment and data centre-related approvals....
Malaysia secures RM92. 8bil approved investments in 1 Q 2026
22+ hour, 59+ min ago (175+ words) KLSE Screener Malaysia secures RM92. 8bil approved investments in 1 Q 2026 KUALA LUMPUR: Malaysia has secured RM92. 8 billion in approved investments for the first quarter of 2026 (1 Q 2026), with Japan emerging as the largest foreign investor and domestic investment recording its strongest year-on-year growth in…...
Malaysia's growth paradox
1+ day, 12+ hour ago (83+ words) KLSE Screener ECONOMIC growth remains imperative for socio-economic development, narrowing income inequality and lifting living standards. Without sustaining and growing the economy, the government cannot respond to the needs of its people and businesses, and more crucially, to the challenges…...