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KSI Forecasts Malaysia's Economic Growth At 4.9 Pct For 2025

KUALA LUMPUR, Jan 2 (Bernama) -- Malaysia's economic growth is expected to moderate to 4.9 per cent in 2025, slightly above the official target range of 4.5 per cent to 5.5 per cent, taking into account the impact of domestic policies and external challenges, said KSI Strategic Institute for Asia Pacific (KSI).

Bursa Malaysia Stages Weak Start To 2025

KUALA LUMPUR, Jan 2 (Bernama) -- Bursa Malaysia’s benchmark index started the year on a subdued note, tracking the overnight decline in the US market.

LYC Healthcare Targets Nasdaq Listing For Cayman Unit

KUALA LUMPUR, Dec 31 (Bernama) -- LYC Healthcare Bhd (LYC) has announced plans to list its subsidiary, LYC Healthcare (Cayman) Ltd (LYC Cayman), on the Nasdaq Capital Market.

Ringgit Closes Out 2024 As Top Performer Among Major Asian Currencies

By Norsyafawati Ab Wahab

KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit emerged as the best-performing currency in Asia in 2024, standing out among major regional peers amid a challenging global economic landscape.

Bursa Malaysia Extends Winning Streak To 6 Days, CI Closes The Year Up 0.28 Pct

By Siti Radziah Hamzah

KUALA LUMPUR, Dec 31 (Bernama) -- Bursa Malaysia’s benchmark index closed the year with modest gains, rising by 0.28 per cent and bucking the regional downtrend, thanks to strong buying momentum in selected heavyweights.  

Private Non-financial Sector Credit Growth Up 5.2 Pct In November

KUALA LUMPUR, Dec 31 (Bernama) -- Credit to the private non-financial sector grew by 5.2 per cent in November versus 5.1 per cent in October 2024, driven mainly by higher growth in corporate bonds (3.8 per cent; October 2024: 2.6 per cent), according to Bank Negara Malaysia (BNM).

Bursa Malaysia Ends Morning Session Lower, CI Down 0.21 Pct

KUALA LUMPUR, Dec 31 (Bernama) -- Bursa Malaysia ended the morning session on a negative note, taking a cue from Wall Street’s weaker overnight performance. 

KRI Calls For Redefinition Of B40, M40, T20 To Address Economic Vulnerabilities

KUALA LUMPUR, Dec 31 (Bernama) -- Khazanah Research Institute's (KRI) latest study finds that the current classification of the Bottom 40 (B40), Middle 40 (M40), and Top 20 (T20) income groups does not accurately reflect the true economic stratification of Malaysian households.

Weak Start As Bursa Malaysia Wraps Up 2024

KUALA LUMPUR, Dec 31 (Bernama) -- Bursa Malaysia’s benchmark index opened slightly higher but reversed course, tracking weaker Wall Street performance overnight.  

MFPC Urges Policyholders To Retain Coverage Amid MHIT Premium Adjustments

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 30 (Bernama) -- The Malaysian Financial Planning Council (MFPC) is strongly urging affected insurance policyholders not to terminate their policies due to premium adjustments after Bank Negara Malaysia (BNM) introduced interim measures to regulate medical and health insurance/takaful (MHIT) premiums.

Bursa Malaysia Recoups Earlier Losses To End Higher

By Siti Radziah Hamzah

KUALA LUMPUR, Dec 30 (Bernama) -- Bursa Malaysia ended the penultimate day of the year positively after a weak start, driven by buying momentum in selected heavyweights led by Maybank and Petronas Chemicals amid year-end window dressing by local institutions. 

Bursa Malaysia Advances At Midday, CI Up 0.30 Pct

KUALA LUMPUR, Dec 30 (Bernama) -- Bursa Malaysia ended the morning session on a positive note, lifted by sustained buying in selected heavyweights amid year-end window-dressing activities.