11m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today on growing concerns over US President Donald Trump's tariff plans.
11m ago
KUALA LUMPUR, Feb 14 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained its forecast for Malaysia's gross domestic product (GDP) growth at 5.0 per cent in 2025, driven by ongoing multi-year projects, rising household incomes, and improving global monetary conditions.
11m ago
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.
11m ago
KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s headline and core inflation for 2024 both declined to 1.8 per cent in 2024, compared with 2.5 per cent and 3.0 per cent respectively in 2023.
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KUALA LUMPUR, Feb 14 (Bernama) -- The ringgit recorded an overall appreciation of 2.7 per cent against the US dollar in 2024, standing out as one of the few Asian currencies to strengthen versus the greenback, said Bank Negara Malaysia (BNM).
11m 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.
11m ago
KUALA LUMPUR, Feb 14 (Bernama) -- Sunway Bhd’s shares rose as a proposed project with a gross development value (GDV) exceeding RM2.6 billion near the Johor Bahru-Singapore Rapid Transit System (RTS) Link station boosts growth prospects.
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KUALA LUMPUR, Feb 14 (Bernama) -- The intraday short selling (IDSS) of Dialog Group Bhd was suspended Friday after its quarterly loss dragged shares down to over 15 per cent.
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KUALA LUMPUR, Feb 13 (Bernama) -- MIDF Amanah Investment Bank Bhd sees Malaysia’s gross domestic product (GDP) growth for the fourth quarter of 2024 (4Q 2024) at 4.8 per cent, similar to the government’s advance estimate.
11m ago
KUALA LUMPUR, Feb 13 (Bernama) -- Bursa Malaysia ended with notable declines as the latest United States inflation data strengthened expectations that the Federal Reserve (Fed) would maintain interest rates.
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KUALA LUMPUR, Feb 13 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained Malaysia’s distributive trade forecast at 6.5 per cent in 2025 from 5.5 per cent in 2024, driven by higher income prospects and tourism.
11m ago
KUALA LUMPUR, Feb 13 -- Malaysia’s economic growth is expected to be positive with a 5.1 per cent growth year-on-year (y-o-y) in 2024, in line with advance estimate and within the Finance Ministry's (MoF) official target of between 4.8 per cent and 5.3 per cent y-o-y, said Hong Leong Investment Bank (HLIB Research).