1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Feb 19 (Bernama) -- The Madani government's fiscal discipline has successfully reduced the fiscal deficit from 5.5 per cent in 2022 to 4.1 per cent in 2024, demonstrating a strong recovery in debt reduction and boosting global investor confidence, said an economist.
1y ago
KUALA LUMPUR, Feb 18 (Bernama) -- The Malaysian Digital Economy Corporation (MDEC) will support Malaysia to achieve or surpass the 25.5 per cent digital economy contribution to gross domestic product (GDP) by the end of 2025, said its chief executive officer (CEO) Anuar Fariz Fadzil.
1y ago
KUALA LUMPUR, Feb 17 (Bernama) -- Grab’s on-demand services, including ride-hailing and delivery, contributed RM9.9 billion to the Malaysian economy in 2023, according to a new report by local economics consultancy firm EconWorks.
1y ago
KUALA LUMPUR, Feb 17 (Bernama) -- Malaysia and ASEAN's relationship with China should continue to be built on mutual respect and trust, particularly when it comes to driving high-value industries, fostering innovation, and promoting sustainable development, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
KUALA LUMPUR, Feb 17 (Bernama) -- LPI Capital Bhd’s shares on Bursa Malaysia were flat in early trade today despite recording robust performance for its financial year ended Dec 31, 2024 (FY2024).
1y ago
KUALA LUMPUR, Feb 17 (Bernama) -- The ringgit opens higher against the US dollar and ASEAN currencies due to stronger Malaysia’s gross domestic product (GDP) growth in the final quarter (4Q) of 2024, said an analyst.
1y ago
KUALA LUMPUR, Feb 14 (Bernama) -- Ministry of Investment, Trade and Industry (MITI) will continue its efforts to attract more investment, boost trade, and develop local industries following a strong 2024 gross domestic product (GDP) performance.
1y ago
KUALA LUMPUR, Feb 14 (Bernama) -- The 5.1 per cent gross domestic product (GDP) growth achieved in 2024, which exceeds the initial official forecast of four to five per cent, reflects the MADANI government’s confidence and determination to turn around the Malaysian economy, said the Ministry of Finance (MoF).
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy saw significant growth in 2024, boosting the ringgit to end the week higher against the US dollar.
1y ago
KUALA LUMPUR, Feb 14 (Bernama) -- Several key areas affecting the future of small and medium-sized enterprises (SMEs), especially in the use of artificial intelligence (AI) to empower business performances and e-invoicing compliance, will be discussed at the SME Association of Malaysia’s (SME Malaysia) one-day SME Business Talk here on Feb 25.
1y ago
By NurulJannah Kamaruddin
KUALA LUMPUR, Feb 14 (Bernama) -- Bursa Malaysia ended almost flat in the morning session weighed down by global trade war uncertainties and their possible impact on US inflation.
1y ago
KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, aligning with the government’s target of 4.8 per cent to 5.3 per cent year-on-year.