Ambank Group Projects Malaysia’s GDP Growth At 5.1 Pct in 2024, Driven By Domestic Expansion

Renewable Energy Capacity Mix To Be Raised To Meet Data Centre Needs - Akmal Nasrullah

KUALA LUMPUR, Feb 17 (Bernama) -- The government is committed to gradually and systematically increase the renewable energy (RE) capacity mix in the national electricity supply since access to green electricity supply is a "pre-requisite" for data centre development, and to ensure that RE needs for data centre development can be met.

5.1 Pct GDP Growth In 2024 Reflects MADANI Govt's Determination To Boost Economy

KUALA LUMPUR, Feb 14 (Bernama) -- The 5.1 per cent gross domestic product (GDP) growth achieved in 2024, which exceeds the initial official forecast of four to five per cent, reflects the MADANI government’s confidence and determination to turn around the Malaysian economy, said the Ministry of Finance (MoF).

Malaysia’s 5.1 Pct GDP Growth In 2024 Demonstrates Resilience Amid Global Uncertainties - Economist

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.

Malaysia's GDP Expected To Come In At 5.1 Pct In 2024 - HLIB Research

KUALA LUMPUR, Feb 13 -- Malaysia’s economic growth is expected to be positive with a 5.1 per cent growth year-on-year (y-o-y) in 2024, in line with advance estimate and within the Finance Ministry's (MoF) official target of between 4.8 per cent and 5.3 per cent y-o-y, said Hong Leong Investment Bank (HLIB Research). 

MoF Dismisses 2026 Car Price Hike Reports, Says Vehicle Valuation Review Underway  

KUALA LUMPUR, Feb 11 (Bernama) -- The Ministry of Finance (MoF), together with the Ministry of Investment, Trade, and Industry (MITI) and the automotive industry, is reviewing the vehicle valuation method to ensure that tax is imposed fairly, neutrally, and consistently.

Ringgit Closes Lower Vs USD On Import Tariff Concerns

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 10 (Bernama) -- The ringgit closed lower against the US dollar for the third consecutive day as concerns over the impact of the United States (US) import tariff on steel and aluminium industries supported the greenback.

Labour Demand Up 70.4 Pct, Unemployment Rate Down 3.3 Pct In 2024 - DOSM

PUTRAJAYA, Feb 10 (Bernama) -- The labour force participation rate (LFPR) in 2024 increased to 70.4 per cent compared to 70 per cent the previous year, according to Labour Force Statistics, Malaysia, December and fourth quarter 2024.

Bursa Malaysia Ends Winning Streak Amid US Data, Tariff Concerns

KUALA LUMPUR, Feb 10 (Bernama) -- Bursa Malaysia ended its four-day rally, tracking Wall Street’s Friday sell-off, as investors brace for key US economic data and remain concerned over President Donald Trump’s tariff policy.

Ringgit Opens Lower Against US Dollar On Cautious Sentiment

KUALA LUMPUR, Feb 10 (Bernama) -- The ringgit opened lower against the US dollar as market sentiment remained cautious following the latest US inflation data and ongoing policy uncertainties. 

Cooperation Between Community And Govt Agencies Key to Ensure Programmes Achieve Objectives - Amir Hamzah

PUCHONG, Feb 8 (Bernama) -- Comprehensive and proactive cooperation and involvement between the local community and the agencies involved are crucial to ensuring that every government programme has a positive impact on the people. 

Bursa Malaysia Ends Higher For 4th Straight Day Led By Tech, Construction Stocks

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Feb 7 (Bernama) -- Bursa Malaysia ended higher for the fourth consecutive session on Friday, with buying mainly in technology and construction stocks, ahead of the release of US jobs report later today, said an analyst.