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KUALA LUMPUR, April 4 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has revised Malaysia’s gross domestic product (GDP) forecast for 2025 downwards to 4.5 per cent from an earlier projection of 5.0 per cent, following rising trade tensions and recent tariff hikes that pose a threat to the nation’s export-driven economy.
KUALA LUMPUR, April 4 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) for Hong Kong’s CMB Wing Lung Insurance Company Ltd (CMBWLI), with a stable outlook.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, April 3 (Bernama) -- The ringgit, which faced pressure against the US dollar following United States (US) President Donald Trump’s announcements on global reciprocal tariffs, closed relatively stable today, said an analyst.
By Kenny Teng
BANGKOK, April 3 (Bernama) -- The Thai government stands ready to negotiate with the United States (US) after President Donald Trump announced the imposition of a 36 per cent retaliatory tariff on Thai exports to the US.
KUALA LUMPUR, April 3 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) views the 10 per cent tariffs hikes and reciprocal tariff announced by the United States of America (US) on Malaysian exports to the US seriously and is actively engaging with the US authorities to seek solutions that will uphold the spirit of free and fair trade.
KUALA LUMPUR, April 2 (Bernama) -- The ringgit appreciated against the US dollar by 0.8 per cent year-to-date in the first three months of this year, said MIDF Amanah Investment Bank Bhd.
KUALA LUMPUR, April 1 (Bernama) -- Malaysia should take advantage of all unilateral free trade agreements to further expand market potential as an early preparatory measure to face any possible impact from the implementation of tariffs by United States (US) President Donald Trump.
By Abdul Hamid A Rahman
KUALA LUMPUR, March 29 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to trade sideways next week in a shortened trading week, hovering between 1,505 and 1,515.
By Abdul Hamid A Rahman
KUALA LUMPUR, March 29 (Bernama) --The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade within a narrow range during the upcoming holiday-shortened trading week, mirroring the cash market’s performance.
KUALA LUMPUR, March 24 (Bernama) -- Bank Negara Malaysia (BNM) expects the country’s current account to remain resilient over the medium term, supported by robust manufacturing exports.
KUALA LUMPUR, March 20 (Bernama) -- Takaful Ikhlas General Bhd, a wholly-owned subsidiary of MNRB Holdings Bhd, recorded its highest surplus distribution of RM6.3 million for the financial year ended March 31, 2024.
KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) recorded a net operating surplus of RM20.70 million in 2024 against a net operating deficit of RM56.46 million a year earlier, according to the SC Annual Report 2024 released today.
