1y ago
KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit was one of the best-performing currencies globally in the third quarter of this year (3Q2024), strengthening 14.4 per cent against the US dollar and 11.4 per cent on a year-to-date basis, said Bank Negara Malaysia’s (BNM) Financial Markets Committee (FMC).
1y ago
From Sharifah Hunaini Syed Ismail
VIENTIANE, Oct 8 (Bernama) -- ASEAN micro, small and medium enterprises (MSMEs) should benefit from the US$2 trillion expected economic value generated from the Digital Economy Framework Agreement (DEFA) by 2030.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 8 (Bernama) --The ringgit closed slightly lower against the US dollar, as the sharp increase in US Treasury yields stoked caution among traders and markets regarding the likelihood of future US rate cuts.
1y ago
KUALA LUMPUR, Oct 8 (Bernama) -- The government should expand the tax relief for medical and health insurance in Budget 2025, said the Life Insurance Association of Malaysia (LIAM) chief executive officer Mark O’Dell.
1y ago
KUALA LUMPUR, Oct 8 (Bernama) -- The average rent in Malaysia rose 3.9 per cent to RM1,995 in the second quarter (2Q 2024) compared to 1Q 2024, and 2.9 per cent from 2Q 2023, according to IQI Malaysia Home Rental Index report for 2Q 2024, released by Juwai IQI.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Oct 8 (Bernama) -- The World Bank Group has upgraded Malaysia's economic growth forecast to 4.9 per cent in 2024 from its initial 4.3 per cent forecast set in April, according to Apurva Sanghi, its lead economist for Malaysia.
1y ago
KUALA LUMPUR, Oct 8 (Bernama) -- Bank Negara Malaysia (BNM) is likely to keep the overnight policy rate (OPR) unchanged for the next 12 to 15 months, with inflation pressures subdued and the economic outlook stable, said Kenanga Investment Bank Bhd (Kenanga).
1y ago
KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia recorded a demand for 42,835 digital jobs in the first quarter of 2024, highlighting the increasing importance of digital roles in industries such as banking and manufacturing.
1y ago
KUALA LUMPUR, Oct 5 (Bernama) -- With the appointment of Anuar Fariz Fadzil as the new chief executive officer (CEO) of Malaysia Digital Economy Corporation (MDEC), the local tech and telco industries are abuzz with excitement about his new role.
1y ago
KUALA LUMPUR, Oct 5 (Bernama) -- Kenanga Investment Bank Bhd expects the overnight policy rate (OPR) to remain stable at 3.0 per cent throughout 2025.
1y ago
SEPANG, Oct 4 (Bernama) -- The government is optimistic that Kuala Lumpur International Airport (KLIA) has the potential to become the region’s cargo hub, said Transport Minister Anthony Loke Siew Fook.
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- Airbnb hopes that the government will support and endorse the national short-term rental accommodation (STRA) guidelines and recognise the potential of the sharing economy in the hospitality sector in Budget 2025.