Ringgit Rebounds To End Higher Against US Dollar
By Zarul Effendi Razali
KUALA LUMPUR, Dec 4 (Bernama) -- The ringgit rebounded from yesterday’s losses to close higher against the greenback on Wednesday.
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Axiata Returns To Black With RM976.67 Mln Net Profit In 3Q
KUALA LUMPUR, Nov 28 (Bernama) -- Axiata Group Bhd’s net profit for the third quarter ended Sept 30, 2024 (3Q 2024) made a significant turnaround, reaching RM976.67 million from a net loss of RM797.41 million in the same quarter a year ago.
Bursa Malaysia Ends Higher Amid Profit-taking In Plantation Stocks
KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia finished slightly higher on Wednesday as gains in utility stocks helped offset selling pressure in the plantation sector.
Malaysia's Inflation To Average 2.0 Pct-3.5 Pct In 2025
KUALA LUMPUR, Nov 15 (Bernama) -- Malaysia’s inflation is projected to average 2.0 per cent to 3.5 per cent in 2025, factoring in domestic policy measures outlined in Budget 2025, said Bank Negara Malaysia (BNM).
BNM Expected To Keep OPR At 3.0 Pct In 2025 - Banks
KUALA LUMPUR, Nov 7 (Bernama) -- Amid ongoing economic challenges, Public Investment Bank (IB) Bhd anticipates Bank Negara Malaysia (BNM) will maintain a cautious stance through 2025, likely holding the overnight policy rate (OPR) steady at 3.00 per cent for the year.
BNM Maintains OPR Unchanged At 3.0 Pct
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent at its meeting today.
Ringgit Maintains Stronger Footing At The Close
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit continued to be on a stronger footing against the US dollar today after recent weakness as the markets anticipate a rate cut by the US Federal Reserve, said an economist.
MIDF Amanah Trims Inflation Forecast Down To 2.0 Pct In 2024
KUALA LUMPUR, Oct 24 (Bernama) -- MIDF Amanah Investment Bank Bhd has revised its 2024 inflation forecast downward to two per cent from 2.3 per cent previously, taking into account the absence of subsidy rationalisation this year.
Narrower Deficit, Lower Maturities In 2025, Gross Debt Issuance At Rm163.5 Bln - CIMB Securities
KUALA LUMPUR, Oct 19 (Bernama) -- The federal government’s narrower deficit of RM80 billion next year, which is RM4.3 billion below the revised estimate of RM84.3 billion this year, suggests milder net borrowing requirements next year, CIMB Securities Sdn Bhd said today.
Malaysia's Economy To Grow 4.5 -5.5 Pct In 2025 - MOF
KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia's economy is projected to grow between 4.5 per cent and 5.5 per cent in 2025, against 4.8 per cent and 5.3 per cent in 2024, said the Ministry of Finance (MoF).
Global Rate Cuts Signal Policy Shifts, But Malaysia Takes A Measured Approach
KUALA LUMPUR, 11 Oct (Bernama) -- The rate cuts in several countries worldwide reflect a global shift in monetary policy towards easing, driven by differing domestic economic conditions, said an analyst.