Malaysia

Malaysia’s February industrial production up 3.1%, below forecast

[KUALA LUMPUR] Malaysia’s industrial production rose 3.1 per cent in February from a year earlier, below expectations, government data showed on Thursday.

Prior to the conflict, the ringgit strengthened to an eight-year high of RM3.88 per US dollar.

Malaysia importers use ceasefire window to buy US dollars, Citi says

The ringgit has been under pressure since the start of the Iran war, falling to 4.0512 against the US dollar

Market focus now turns to IJM's "big three" objectives: listing its construction unit, scaling its data centre presence, and sustaining a strong order book to justify its standalone valuation.
NEWS ANALYSIS

Sunway-IJM takeover bid collapse: IJM wins but faces pressure to deliver value

Asset monetisation, spin-off plans in focus as IJM races to deliver value within tight timelines

The war has put industries such as glove manufacturers at risk, as they rely on imports of nitrile latex – a synthetic rubber – whose prices are linked to energy markets.

Malaysian glove maker WRP to shut down over Iran war disruptions

It is sufferring from ‘significant’ increases in costs for petrochemical-derived raw materials and chemicals

Malaysia Economy Minister Akmal Nasir says that the central bank will provide support to companies affected by fuel shortages.

Malaysia unveils moves to tackle supply disruptions amid energy crunch

The government warns that the country has enough energy supplies to last only till the end of May

Anwar Ibrahim has acknowledged Teheran’s right to defend its sovereignty while calling for a rapid resolution to the conflict.

One of seven stranded Malaysian vessels sails through Hormuz

The effective closure of the strait has roiled markets and triggered a broad energy crisis

Malaysia Madani, or Civil Malaysia, is Prime Minister Anwar Ibrahim's slogan encapsulating positive values (such as humanity and strong governance) that would shape policy direction. But the "corporate mafia" claims have now  cast the spotlight on governance credibility.

From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?

Corporate control allegations targeting the anti-graft agency and powerful businessmen are testing governance credibility

Sunway concluded its offer on Monday with just 33.43% of IJM shares in hand, short of the 50%t trigger point needed to finalise the acquisition.

Sunway’s IJM takeover bid lapses after falling short of acceptance threshold

Collapsed deal halts bid to create largest construction giant with market value nearing RM50 billion

The development is expected to kick off in the fourth quarter of 2026.

Oiltek to co-develop US$350 million sustainable aviation fuel facility in Sabah

It is partnering Brunei-based renewable fuel company BioSeaga Industries

Dr Prem Kumar Nair, group CEO of IHH Healthcare, says healthcare demand tends to be deferred rather than cancelled, with patients eventually returning once economic conditions stabilise.

Malaysia likely to remain attractive to medical tourists amid geopolitics, currency swings: IHH group CEO

The country’s cost-competitiveness and growing capacity are seen as advantages by price-sensitive patients