Business
Back to homepage
CIMB Securities: TNB to absorb up to RM150m extra costs from expanded AFA exemptions
KUALA LUMPUR, Sept 21 — Tenaga Nasional Bhd (TNB) is projected to absorb RM120 million to RM150 million in extra costs over September-December 2026 from expanded government exemptions for residential users from automatic fuel adjustment (AFA), retail charges, and sales and
Read More
Ringgit opens mixed against major, Asean currencies as Bank of Japan rate hike weighs
KUALA LUMPUR, Sept 21 — The ringgit opened mixed against major and ASEAN currencies on Monday as investors assessed the Bank of Japan’s (BOJ) rate hike on Friday. Meanwhile, the local note opened slightly lower against the US dollar today.
Read More
US Treasury chief says meeting with China on trade, AI ‘very successful’
NEW YORK, Sept 21 — US Treasury Secretary Scott Bessent touted a “very successful” meeting on trade and artificial intelligence with Chinese officials yesterday, adding that both sides discussed greater communication on AI threats. “We just had a very successful
Read More
Malaysia Airlines staff named best in Asia, cabin crew at global 3rd place
KUALA LUMPUR, Sept 19 — Malaysia Airlines has been named Best Airline Staff in Asia at the 2026 Skytrax World Airline Awards with its cabin crew earning a place among the top three in the World’s Best Airline Cabin Crew category, rising
Read More
Turkiye revokes Iran’s Bank Mellat licence amid US pressure on Tehran
ANKARA, Sept 19 — Turkiye has revoked the licence of Iran’s Bank Mellat, a semi-private financial entity that has been subject to Western sanctions for years, the official gazette said early on Saturday. The decision was announced some two weeks
Read More
ECRL testing shows positive results as MRL eyes December debut during school holidays
KUALA LUMPUR, Sept 18 — Malaysia Rail Link Sdn Bhd (MRL) is working towards opening the East Coast Rail Link (ECRL) to the public as early as mid-December, with testing and commissioning by its Comprehensive Inspection Train (CIT) progressing well.
Read More
Coal price surge jolts Malaysia’s power costs, economy minister warns of direct impact
KUALA LUMPUR, Sept 18 — The increase in coal prices to US$148 per tonne on September 10, 2026 will directly impact the cost of electricity generation, said Economy Minister Akmal Nasrullah Mohd Nasir today. He said coal prices showed a
Read More
DOSM: Malaysia’s August inflation edges up to 1.9pc on higher transport, services costs
KUALA LUMPUR, Sept 18 — Malaysia’s inflation increased 1.9 per cent in August 2026 from 1.8 per cent in the previous month, with the Consumer Price Index rising to 137.5 points in July from 134.9 a year earlier, according to
Read More
Ringgit opens higher against US dollar as easing oil‑supply concerns lift sentiment
KUALA LUMPUR, Sept 18 — The ringgit opened higher against the US dollar and a basket of major currencies today, supported by improved market sentiment as easing West Asia crude oil supply concerns lifted risk appetite. At 8am, the local
Read More
Asian markets rise despite the US Fed’s hawkish rate hike
HONG KONG, Sept 17 — Most equities rose Thursday after the Federal Reserve hiked interest rates for the first time in three years and boss Kevin Warsh sounded a hawkish note that ramped up bets on another increase as officials
Read More