6m ago
KUALA LUMPUR, July 31 (Bernama) -- The ringgit reversed its gains in the morning to end lower against the greenback on Thursday as the US Federal Reserve (Fed) kept its benchmark interest rate steady overnight.
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By Siti Radziah Hamzah
KUALA LUMPUR, July 31 (Bernama) -- The country's gross domestic product (GDP) growth is targeted at between 4.5 per cent and 5.5 per cent per annum during the 13th Malaysia Plan (13MP) period from 2026 and 2030, driven primarily by domestic demand, particularly private consumption and investment.
6m ago
By Nor Baizura Basri & Kisho Kumari Sucedaram
KUALA LUMPUR, July 31 (Bernama) -- The 13th Malaysia Plan (13MP), which aims to drive sustainable growth based on value creation across all sectors, involves RM611 billion in investments to ensure the success of the five-year plan, with RM430 billion being the government’s development allocation.
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KUALA LUMPUR, July 31 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies on Thursday, ahead of the 13th Malaysia Plan (13MP) announcement this afternoon, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
6m ago
By Karina Imran
KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour has expressed optimism that Malaysia’s economy remains on a strong growth trajectory due to multiple factors, such as resilient domestic demand and encouraging exports of electrical and electronic (E&E) products, despite headwinds from impending tariffs.
6m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, July 28 (Bernama) – The revised projection for Malaysia’s GDP growth in 2025 by Bank Negara Malaysia (BNM) is a realistic forecast that aligns with the economy’s underlying growth potential, said economist Professor Geoffrey Williams.
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KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia (BNM) has revised Malaysia’s 2025 gross domestic product (GDP) growth projection to between 4.0 per cent and 4.8 per cent from 4.5 per cent - 5.5 per cent previously.
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By Nur Ashikin Abdul Aziz
SINGAPORE, July 23 (Bernama) -- ASEAN economies are expected to maintain growth above four per cent despite a challenging global environment, with projections at 4.4 per cent in 2025 and 4.2 per cent in 2026, according to ASEAN+3 Macroeconomic Research Office (AMRO) chief economist Dong He.
6m ago
By Nur Ashikin Abdul Aziz
SINGAPORE, July 23 (Bernama) -- Malaysia’s economy continues to demonstrate resilience in 2025, underpinned by strong domestic demand, robust investment activity, and favourable labour market conditions, despite pressures from global trade tensions and policy uncertainty.
6m ago
KUALA LUMPUR, July 22 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a higher net profit of RM78.66 million in the second quarter ended June 30, 2025 (2Q 2025) compared to a net profit of RM67.12 million in the same quarter the preceding year.
6m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 19 (Bernama) -- Bursa Malaysia is likely to maintain its upward bias next week, building on the renewed buying interest seen over the past two sessions, said UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan.
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KUALA LUMPUR, July 18 (Bernama) -- The government’s advance economic growth estimate of 4.5 per cent for the second quarter of 2025 (2Q 2025) beats most analysts’ projections, demonstrating the country’s economic resilience.