By Zarul Effendi Razali
KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia ended the morning session lower today, in line with the weaker performance in the regional markets due to the geopolitical concerns in the Middle East, said an analyst.
PUTRAJAYA, Sept 30 (Bernama) – The government is committed to intensifying efforts to eradicate hardcore poverty in line with the nation’s healthy economic performance, said Economy Minister Rafizi Ramli.
KUALA LUMPUR, Sept 30 (Bernama) -- BMI, a Fitch Solutions company, has maintained its forecast for Malaysia’s federal government budget deficit to narrow from 5.0 per cent of gross domestic product (GDP) in 2023 to 4.3 per cent in 2024, and further to 3.9 per cent in 2025.
By Zarul Effendi Razali
KUALA LUMPUR, Sept 29 (Bernama) -- An economist hopes the government will announce initiatives to improve Malaysia’s international trade policies, especially within the ASEAN region, when tabling Budget 2025 as part of the efforts to spur further economic growth.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 29 (Bernama) – Steel manufacturer Mycron Steel Bhd, which just signed a memorandum of understanding (MoU) with Japan’s JFE Steel Corporation to drive green solutions in Malaysia, has called for public-private partnerships to be prioritised in Budget 2025 to help Malaysia achieve carbon neutrality by 2050.
By Wong Chun Wai
KUALA LUMPUR, Sept 29 (Bernama) -- It has been a while since Malaysians began to feel some pride. Certainly, the strengthening of the ringgit against the dollar has made a big impact on national confidence.
JAKARTA, Sept 28 (Bernama) -- The renewal of the Local Currency Bilateral Swap Agreement (LCBSA) between Malaysia and Indonesia enables the exchange of local currencies between Bank Negara Malaysia (BNM) and Bank Indonesia (BI) with a value amounting to RM24 billion or IDR82 trillion for five years.
KUALA LUMPUR, Sept 27 (Bernama) -- Bank Negara Malaysia (BNM) is seeking feedback on a proposed three-year roadmap for the full transition to Malaysia Overnight Rate (MYOR) and Malaysia Islamic Overnight Rate (MYOR-i) alongside the cessation of the Kuala Lumpur Interbank Offered Rate (KLIBOR).
KUALA LUMPUR, Sept 27 (Bernama) – The Malaysia-China Summit 2024 (MCS 2024) is expected to attract 500 leading companies from China eager to forge new trade and investment partnerships with their Malaysian counterparts.
KUALA LUMPUR, Sept 27 (Bernama) -- The overnight policy rate (OPR) is expected to remain unchanged at three per cent in 2024 with Malaysia’s producer price index (PPI) inflation moderating to 0.3 per cent year-on-year (y-o-y) in August 2024 from 1.3 per cent y-o-y the previous month.
KUALA LUMPUR, Sept 27 (Bernama) -- The ringgit regained its strength against the US dollar at the opening today after experiencing a technical correction yesterday, said an analyst.
KUALA LUMPUR, Sept 26 (Bernama) -- The Ministry of Trade, Investment and Industry (MITI) will continue to nurture talent, deepen trade relationships and ensure Malaysia remains a leading manufacturing and services hub, contributing to a prosperous and inclusive Asean.
